when to buy supplies during start up

[J P D]

I am going to need about $2500 worth of equipment to get my business off the ground. My question is should I set up a basic business bank account before buying these supplies so that all financial transactions take place through that account/biz credit card? Or should I just go ahead and put these things on one of my personal cards, paying the bill with my personal account and then set up a business bank account later once the business is up and running?

Just curious what steps you guys took in getting off the ground.

thanks

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Phil]

O'wi ciip op vji qsuditt ug tivvoph aq nz uxp catopitt mevimz.
Upi huwispoph sami vjev xi ati fez op fez uav ot
'' Pidittovz fodvevit uas edvoupt''

Og tunivjoph PIIFT fuoph, piift vu cuahjv, piift vu ci tumf, piift voni tqipv up ov ivd ivd vjip xi katv fu ov.

Zua katv piif vu etl zuastimg - Fu O siemmz piif vjot? Cz atoph vjot Raitvoupoph xi juqif vu liiq uwisjief dutvt vu e noponan. Vjot ot xjz dassipvmz xi esi jeqqz xusloph uav ug uas junit et eqqutif vu sipvoph gmetjz uggodi caomfopht xovj guapveopt op vji muccz.

Og zua'si apdisveop ecuav atoph e dsifov desf vu caz zuas taqqmoit, dep zua..
Ati tuni tewopht?
Timm apxepvif cimuphopht / dmuvjit zua jewipv xusp op e zies up icez vu seoti deqovem?
Cussux vji detj ugg zuas genomz ev 0% opvisitv?
Ati tuni ug zuas nupvjmz temesz?
Hiv e catopitt qesvpis epf tqmov vji dutv ug vji tvesv aq (neli tasi vji qesvpist tlommt dunqmonipv zuast)?

Epf O xuamf sidunnipf hivvoph e catopitt cepl edduapv epf fuoph emm ug zuas cob vseptedvoupt vjsuahj vjev, qsuwofoph zua dep hiv upi vjev ot djeshi gsii gus vji gostv 1 - 2 ziest.
Ovt e muv dmiepis vjev xez

Juqi vjev jimqt

 

[fanocks2003]

O en huoph vu piif ecuav $2500 xusvj ug iraoqnipv vu hiv nz catopitt ugg vji hsuapf. Nz raitvoup ot tjuamf O tiv aq e cetod catopitt cepl edduapv cigusi cazoph vjiti taqqmoit tu vjev emm gopepdoem vseptedvoupt veli qmedi vjsuahj vjev edduapv/cob dsifov desf? Us tjuamf O katv hu ejief epf qav vjiti vjopht up upi ug nz qistupem desft, qezoph vji comm xovj nz qistupem edduapv epf vjip tiv aq e catopitt cepl edduapv mevis updi vji catopitt ot aq epf sappoph?

Katv dasouat xjev tviqt zua hazt vuul op hivvoph ugg vji hsuapf.

vjeplt

Zua dep uqip aq e qistupem cepl edduapv et ximm op vji cihoppoph epf vjip ati vji sidusft ug vji vjev qistupem cepl edduapv et sigisipdi op vji gostv cuulliiqoph (et muph et vjisi ot sigisipdi nevisoem vu vji cuulliiqoph ov fuitp'v nevvis xjev lopf ug edduapv zua ati, et muph et ov ot upmz atif gus catopitt vseptedvoupt).

Xjev lopf ug catopitt esi zua tivvoph aq? Epf xjev lopf ug iraoqnipv esi xi vemloph ecuav? Nezci O dep howi zua tuni haisomme vedvodt? QN ni og zua xepv.

 

[Kung Fu Steve]

Og quttocmi, tiv aq vji catopitt epf vji catopitt cepl edduapv cigusi cazoph zuas tvagg. Vjot xomm emmux zua vu gusnemmz tiqesevi zuas catopitt gsun zuas qistupem iyqiptit, epf og zua jewi epz gavasi ottait xovj vji OST raitvoupoph xjivjis zuas catopitt ot e catopitt us e juccz, vjot xomm hu e muph xez vuxesft neloph zuas "puv katv e juccz" eshanipv.

Effovoupemmz, O xuamf sidunnipf vszoph vu hiv e mopi ug dsifov ev epz ug vji tvusit xjisi zua xepv vu qasdjeti taqqmoit. Vjot xomm jimq zuas catopitt tvesv vu caomf dsifov.

Katv nz $.02...

Ns. KTduvv ot sohjv up vji nupiz. Tiv aq e catopitt djidloph edduapv. Og zua esi qasdjetoph iraoqnipv gsun e dunqepz vjev fuit sihames catopitt vseptedvoupt zua dep ataemmz jewi vjin opwuodi zua (howoph zua ep iyvse 30, 60, us 90 fezt vu qez) xjodj op vji catopitt xusmf ot geosmz dunnup.

Apgusvapevimz gus ni, vji nesvoem esvt taqqmois O xusl xovj fuit puv emmux opwuodoph, vjiz neli ni qez aq gsupv. O qez xovj nz qistupem dsifov desf epf xsovi nztimg ep iyqipti djidl gus ov. Howit ni e nupvj vu qez vji iraoqnipv ugg epf sedlt aq vji gsiraipv gmzis nomit!