Business overheads are something best kept to a bare minimum when you’re starting out. This is especially true when you’re starting small. Here’s a list of things you shoud not spend (too much) money on as a business overhead in the begining.
- Fancy shmancy marketing materials – Scale upwards, and try blogging to generate buzz
- Software – Many free alternatives exist like Open Office and Google Spreadsheets.
- Advertising – Try generating referrals and networking, which usually involve a ton of work but little cash upfront.
- Office space – Typically one of the biggest expenses when running a small business. Avoid it if you can. Go virtual or work from home if possible.
- Staff – Outsource operational functions
Visit Instigator blog to get the full lowdown on the list.
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