Spend or Invest?

It has always been good financial advice to ask two questions before parting with money - Do I have to spend this? and Do I have to spend this now?

At first glance, it may seem that these are simple questions with simple answers.  Indeed the answers may be a simple yes or no but the reasoning and logic behind these conclusions isnt always clear.  Further, and perhaps more importantly, the impact of the answers may have far reaching consequences for the future development or even existance of a business.

In any business, spending and investment are often seen as two different animals with spending typically covered by pre-agreed budgets and investment coming from additional expenditure over and above normal running expenses and hence assigned in the form of projects so that this additional cost can be closely monitored and controlled.  Any Financial Director would tell you that in fact all expenditure should be carefully monitored and controlled!

Deciding how to allocate your business finances between spending and investment is one of the hardest choices we face to day - particularly in the current economic climate where money is more the focus of business than business itself.  Hence if the opportunity to allocate funds to keep your business running on a day-to-day basis whilst still investing in your future, infrastructure, administration and people, then you would almost be wary of whether you have missed something. 

If all this also meant that you didnt need a specific project budget or startup captial investment then it would also allow you to start now rather than waiting 6 months and having to cope with changes and other demands on your resources which might mean you miss the opportunities.

This is where we come in.  At ITS-PRIDE, we have distribution and dealer network solutions which cater for low or non-existent startup costs and you can be up and running in a matter of weeks with a fully-hosted solution and a monthly investment which fits your budget.  We offer these options as we are committed to a long term development of our own organisation and to do that we need partnerships with clients which benefit everyone allowing us all to grow securely and adapt as we go to the ever changing markets and environments we operate in. 

We are happy to talk through your options at your convenience and make sure that we are the right fit for your needs.  Contact us now for more information and let us demonstrate how we can help.