Less Than 25k and Growing
by Chris Jordan
Like most budding business entrepreneurs, you will wear many hats as your company develops. This not only allows you to understand what it takes to design products, manufacture them and market to customers, but helps to extend your limited funding. You will have to work lean, trade services, and possibly provide consulting to stretch your budget to the limit. Ultimately, this will not be sustainable over the long term. In order to grow, you will need to focus on the big picture by increasing your timeline for production and determining when is the best time to find associates to assist with your growth. This will allow you to work smarter and be more efficient. Here are four tips to help keep your costs in-line: