45 bootstrap ideas from Inc.com (Part 3)

Filed in archive How-to by Shawn Hessinger on July 18, 2006

In conclusion, when managing your cash flow, Inc.com recommends:

• Live without variable expenses

• Set cost-cutting targets

• Stretch business cash (to the limit)

• Get paid (duh!)

Starting a business? Inc.com recommends:

• Charge it-carefully

• Start selling now

• Get potential customers involved

• Incorporate on the web

For operations budgeting:

• Take advantage of purchasing discounts

• Cut operational expenses

• Use freebies(see a future post on this)

• Watch your phone bill

• Recycle and save

• Scrutinize costs

• Use E-mail

• Pool technology resources

• Scrimp on office expenses

And for office space:

• Raid junkyards

• Work from home

• Sublet office space

• Consider relocating

• Find a roommate

• Send employee home

You're unlikely to find all these suggestions helpful, but one gem might result in a spark of inspirtation. Happy hunting.

Related Entries:

Cash Flow is Critical - 05 December 2006
Get the order first - 25 July 2007
Bootstrap for funding vs. bootstrap for cash flow - 02 November 2007
Bootstrapper's cash flow primer - 13 November 2007
How social is your bootstrap business? - 29 November 2007
Bootstrapping your cash flow - 30 July 2008

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Vote for 45 bootstrap ideas from Inc.com (Part 3):

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Rating: 6.33 out of 6 vote(s) cast.

Response from: Fredik (10/29/06 3:47pm)

Cannot understand these points:
• Raid junkyards
• Work from home
• Sublet office space
• Consider relocating
Explain plz.

Response from: Shawn Hessinger (11/20/06 4:12am)

Each is a link to an article illustrating how businesses saved money on office or work space, one by raiding junkyards to build a small basement manufacturing plant, another by working at home (a popular way to shave off operating costs) and so-on.