We are in the final quarter of the year. For many business owners, this brings a very specific type of headache: the capital budget dilemma. You have funds left over, and if you don’t spend them by midnight on December 31, they vanish from next year’s allocation; or worse, they simply translate into a higher tax bill.
Your first step should always be a conversation with your accountant, but my job is to make sure your technology actually returns a positive investment. Buying technology just to burn cash is a terrible idea. Buying technology strategically to improve your efficiency, secure your network, and lower your tax burden? That is just good business.