Overhead is the enemy of entrepreneurial start-ups. Every dollar that is spent on overhead is a dollar that does not make it to the bottom line. Precious operating profits get eaten up by overhead preventing them from becoming net profits. Bootstrapping space is one of the most common and effective means to keep overhead costs down for start-up ventures. Start in your kitchen, your garage, your basement; anywhere that does not require you to pay rent.
Anita at Small Business Trends points out the power of virtual space for start-ups in this post. Entrepreneurs can literally start businesses with the founders all over the country if they plan communication correctly.
Dr Jeff Cornwall
Co-founder of The Entrepreneurial Mind, serial entrepreneur and professor of entrepreneurship.
I would agree with you. Return on Investment (ROI) is important in start-up busineses. Start at an at home business, use a mailbox, cell phone, make a website $50 per year for hosting..beats paying desk fees or shelling out $500+ per month for an office you could use at home
Overhead ,return on investment, is best when you can receive back or project income on your business as it is in Real Estate Investment Property
Thanks for sharing your idea. You have a point there. Better think of my own idea.
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