Wednesday 28 November 2012

Keeping up with Technology


Not all businesses need to have cutting edge technology, but a company can’t fall too far behind.

Buyers will be concerned if they must make a large investment in the latest technology to get the company to a competitive level.  A business owner should do the necessary research and purchase the technology to keep the company on par in its industry or be prepared to accept a lesser value for the business.

Do you have a small business question you would like answered about this article or others?
Bill Sivell is a salesperson with VR Windsor Inc. [www.vrwindsor.com] 519-903-7807, which sells businesses to buyers across Canada and around the world. His 14-year career includes diverse senior management positions in marketing, advertising, sales management and operations management. His blog appears every Tuesday.

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