Covering Fixed Costs

As I may have mentioned in an earlier post, my fixed costs are relatively small and really only consist of the rent that has to be paid on my "office" space. The rent itself is interesting in that you more or less pay by the amount of hours used per week. I'm not locked into a yearly lease and can change the number of hours every month.

In the past few months I dropped my weekly usage down a little bit and did more work from home to save some money but now the business is feeling like it's picking up enough that it makes sense to go back to number of hours I was using before.

Sounds simple right? It is except that there's the part of me that's still worried that this momentum may slow down and then all of the sudden I won't have the cash to cover the rent. I realize that I can still reduce hours next month if things don't go well, but I'm conservative enough that I love to have money in the bank and am nervous about spending it (which is not necessarily a good trait in an entrepreneur).

That's why one of my biggest Q2 goals is to try and find some avenue that will produce regular monthly income for the business and cover that fixed cost. I'm trying several different angles and am hoping that something pans out (sooner rather than later of course) so that I know every month my rent is covered by one or two specific accounts and then anything else that comes in is like icing on the cake.