Bootstrapping: Internal Sources of Funds

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. A basic list of areas of concentration would include:

A little frugality and sensible use of available resources will pay big dividends in the long run. The old cliché "watch the pennies and the dollars will take care of themselves" is the bootstrapper's fight song.