What is bootstrapping technique 1 buying as much as u can 2 leasing as much as u can

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07-01-2021
Business

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What is bootstrapping technique 1 buying as much as u can 2 leasing as much as u can

Sagot :

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HumbertoFitzhugh HumbertoFitzhugh · Answer 1 · 2021-01-12T04:13:42-05:00

Answer:

2. Lease as much as you can.

Explanation:

The term 'bootstrapping' can be defined as a process used by entrepreneurs to bringing in use their own assets as the capital resource. These resources can include personal savings, personal property area, etc. An enterprenuer can use these resources to ensure positive cash flow.

The most common way of bootstrapping is to lease your resources. One can lease his/her resources as much as one can under bootstrapping technique.

Therefore, option 2 is correct.

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