Time is greater than Money.

Why put off a decision if it can be made today. You can never buy Time.

Today, I received a call from a prospect who has heard about the goodness of MYOB Accounting from a fellow business owner. However when he found out that the price rebate promotion had ended, he said there is now no urgency to buy the MYOB software. What a shame.

I agree that price is a factor when you are thinking of buying anything, but in this case, Time is a bigger factor that money.

Why do I say that? Where your business is concerned, lost time is lost money. If you can save 10 minutes per day doing something which the computer has been designed to do, you will have saved 41.7 hours per year (10 min x 5 days x 50 working weeks per year). Assume you can earn $100 per hour, then you would have been able to increase your income by $4170. Multiply that by 10 other tasks which the computer can do faster than a human. And compare that to the cost of the software. You can easily decide whether to invest the money in the accounting software or not.