6 Money-Saving Tips for Bootstrapping Small Businesses

Entrepreneurs often embark on the journey of building a business with a grand vision in mind — one in which the company flawlessly grows from convoluted concept to well-oiled machine like a butterfly emerging from a cocoon.The reality of running a small business is a bit more chaotic, not to mention expensive. If you’re bootstrapping your company, taking out loans to get off the ground or pouring your hard-earned savings into a business venture, you’ll want to do everything in your power to ensure you’re staying in the black.

  1. Use Craigslist to salvage items for your home office or brick-and-mortar store
  2. Try out the barter system
  3. Utilize free platforms for managing everyday tasks
  4. Try your hand at marketing and PR instead of outsourcing
  5. Hire interns or get creative with consultants
  6. Utilize budgeting apps

6 Money-Saving Tips for Bootstrapping Small Businesses.

 

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