These will be personal cards, as no organization will give your fledgling outfit significant credit. Get lots of credit cards. Pay the yearly fee with a smile, realizing that the plastic might keep you alive someday. Employees At some point many consultants become overwhelmed with either work or the tedium of office maintenance and hire employees. Payday rolls around every week, even those weeks when the bank account is squeezed dry.
Few employees tolerate even a day's delay in getting their check.
Somehow you will have to come up with their pay each and every week. Your own check will be a distant second in priority. One friend tells how for 68 straight weeks the night before payday his company had no money, yet somehow enough showed up just hours before his nearly 100 employees started cashing checks. Somehow he survived, though even a one week glitch would have made the whole company walk. Poor cashflow kills more small companies than anything else, and the biggest impact on cashflow is payroll.