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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