Final thoughts
Filed in archive Bootstrapper Tips on June 24, 2007
CONTINUED FROM PREVIOUS POST
Photo: Freephotosbank
So here we go again:
• Make a separate business account. At least you'll know what money are coming in and how much you have available for spending.
• Try to keep expenses to the level of what's available on your business account. If you need some "personal adjustments" ok, but this will really help not overspending.
• If you really have to put your money in, make a clear "return period" and stick to it.
• Never forget that a business is supposed to bring money in, not to spend the reserves.
• Separate things as much as possible. You don't have to get your family in trouble - your business is a business, your life is your life.
(Editor's note: Cristian Dorobantescu is the founder of Energybyte, a web design firm based in Bucharest, romania, and writes about business at the Small Business Entrepreneur Blog. He is a semi-regular contributor to our occasional series "Bootstrapping in Eastern Europe".)
READ THE ENTIRE POST SERIES STARTING HERE

Permalink: Final thoughts
Tags: bootstrap Eastern Europe Cristian Dorobantescu small business entrepreneur bootstrapper final+though
Vote for Final thoughts:
|
Rating: 6.00 out of 3 vote(s) cast.
|
| RSS | |
|
| |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Follow us on Twitter! |
Most Popular
Best of
Bootstrap Interviews
bootstrap music
Bootstrapper News
Bootstrapper Profile
Bootstrapper Resources
Bootstrapper Tips
Bootstrapper Tools
Bootstrapping Opportunities
Bootstrapping Thoughts
Bootstrapping Trends
Did you know
Entrepreneurship
equipment exchange
Events
How-to
information about
Just For Fun
Misc
Philosophy
