Tip #96 – Updated Technology In A Business Can Help Its Value And Salability.

Updating Technology Is CriticalWe all know that technology is moving so fast it can be overwhelming. And it is impacting many businesses in a way that business owners just can’t ignore.

The business must keep up with the competition and the marketplace for its products or services. And when it comes time to sell the business, buyers will be concerned if the technology is too outdated.

That could mean lower offers or buyers just turn away if they feel they have to invest the money and take the time and effort to bring the company into a competitive position for growth.

Read “How Can Technology Help My Small Business?

Michael MarksMichael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.
2017-06-06T10:03:41+00:00 June 6th, 2017|Maximizing Business Value|