If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.
- Accounting, Taxation, and Reporting
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Marketing, Advertising, Sales & PR
- Business Management & Operations
- Economics, Finance, & Analytics
- Professionalism & Career Development
Back to:BUSINESS & PERSONAL FINANCE
Shoestring Budget Definition
"On a Shoestring Budget" refers to a project or task that is attempted with a small budget or minimal capital funding - which is generally insufficient for the proposed capacity of the project. A shoestring budget is likened to a shoelace that when stretched is enough to keep a pair of shoe on the foot, but parts of the foot might hang out.
A Little More on What does on a Shoestring Mean
While a shoestring budget is a budget is generally considered insufficient for the underlying project, there is a notion that, if a shoestring budget is stretched, the budget might just be enough for the project. Bootstrapping is a related but different concept. It refers to individuals carrying out a project with only the use of available resources.