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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Friday, February 20, 2004 | |
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How Small Businesses Pay for Technology | |
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 Perhaps U.S. small businesses should spend more time with their accountants:
Small Business Computing has a reasonably in-depth article about the study. There is a lot of interesting data and it's worth a read. The use of credit cards almost half the time is not surprising. They're the easiest source of credit available to small businesses -- albeit the most expensive. Nor is it surprising that most small businesses don't understand the tax advantages available to them from buying technology. What's really surprising is why more tech vendors haven't seen this for the selling opportunity it is, by offering attractive financing programs and educating buyers about the tax advantages. They just might sell more. |
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