The 14 Best Ways To Raise Money For Your Startup Or Small Business

Overhead — expenses like utilities, technology, and rent — is one of the largest costs that most startups and small businesses have to contend with. If you can restrict your overhead to the absolute minimum, you can free up cash for use elsewhere.

That’s why basing your operation in a virtual office or other shared workspace, like Bond Collective, is a wise choice for businesses at all stages of development. Everything you need to do your job well is included in one low monthly fee that is much less than what you would pay to maintain your own space.

That just makes good cents.

Avoid Conventional Leases

A conventional lease is notoriously expensive, not to mention restrictive. You can conserve much-needed capital by skipping the conventional lease altogether and opting instead for a temporary office space like those offered by Bond Collective.

In addition to saving funds, you’ll also be better positioned to expand or contract your workspace footprint as your business needs change.

At Bond Collective, you can work from a hot desk in June, a private office in July, a multi-office suite in August, and back down to a reserved desk in September. There’s no better way to raise money for business than to save it yourself.

Keep Your Burn Rate Low