Many Silicon Valley startups famously started literally in the garage, meaning they were not paying rent for a fancy office at the very beginning of the company in order to preserve cash. In other places the equivalent would be the basement (what we do in Maine winters), the spare bedroom (where I started my a cappella music business), or the home office. This is one of many ways to be frugal in order to conserve cash.
About this site
Developed by third generation entrepreneur, angel investor, former tech VC Don Gooding to help entrepreneurs everywhere understand their financing options.