Here are six questions to ask yourself as you consider whether to acquire new technology or equipment:
Do you want to increase productivity and/or efficiency, leading to greater profitability — would new technology or equipment help you to accomplish this?
Do you want to grow your practice and/or expand the services you offer?
Would investing in new technology or equipment be an investment in the core part of your practice, to make your business better?
Would such an investment move you toward the future — would it be a good fit with your long-term objectives?
Would new equipment help you to keep ahead of — or keep pace with — your competitors?
Finally, and most important: Can you afford to invest in new technology or equipment?
If you answered “yes” to any of the questions above, now is the time to look into what new equipment is available to support the long-term needs of your practice and how you finance it.
