Given the obstacles entrepreneurs must face day in and day out, is it any wonder that some business owners are reluctant to embrace new technology? However, this approach to innovation allows your business to rely too heavily on old technology, which can limit your productivity. After all, it’s often just as costly to repair outdated technology as it to replace it. Plus, older computers, machines, software and equipment is often slower and less powerful than current technology.
Not being on par with the latest technology can affect the prospects of your business in many ways.
