Search Help Bootstrapping is a buzzword that basically means generating needed funds by deftly managing your cash inflows and outflows. Improving cash flow should be a daily task, like housekeeping. Monitoring, forecasting, and analyzing cash flows is essential to liquidity and profitability, even for the Fortune 500 crowd. If they offer 30 days to pay, take 30 days and think about asking for 45. Set up a system to take advantage of early payment discounts too.
Thrift applies to fixed assets, too.
A little frugality and sensible use of available resources will pay big dividends in the long run. All Rights Reserved.