Showing posts with label Capital One. Show all posts
Showing posts with label Capital One. Show all posts

Thursday, January 17, 2013

Practicing Frugality for your Start up from Forbes

From Forbes. Jan 10 2013

You can save a bundle (in cash flow) and save your cash for inventory and sales (lessening need for additional working capital:

l.  Lease, rent;  do not buy;

2.  Let the employees bring in their own device (maybe pay a small amount for the use)  Most young people have their own device;

3.  Sublet from ailing companies;   they have tight cash flow and would be happy to have additional cash flow

4.  Distance working;   people can work from home and distance working works for most people even across countries and time zones.

Capital One by Barbara Corcoran