45 bootstrap ideas from Inc.com (Part 3)

45 bootstrap ideas from Inc.com (Part 3)

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.


2 Responses to “45 bootstrap ideas from Inc.com (Part 3)”

  1. Fredik Says:

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

  2. Shawn Hessinger Says:

    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.

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