Intuit Small Business Blog, by Bill Snyder on January 9, 2014
When your kid asks you for a toy you can’t afford or don’t think is appropriate for his or her age, you simply say “no.” Sure, your response may elicit tears or a tantrum, but you know what’s right for your child.
The same is true in your other important role: the owner of a small business. When one of your employees asks you to buy a digital device or a software suite that has questionable business value, you should say “no.”
We’re not just talking about a business that’s so strapped for cash that almost any nonessential spending is out of the question. Technology purchases should always be made with your return on investment, or ROI, in mind. <READ MORE>