If you have the dilemma of knowing that you should invest in technology and/or new products and procedures just to stay afloat, let alone grow. It could be wise to establish what tax incentives (if any) are available to you before deciding on the most appropriate course of action.

As Business Owners ourselves, we understand this dilemma, especially if this means you need to access funding from third parties and what this means in terms of:

• Interest payments
• Personal Guarantees
• Parting with Equity
• Parting with Control
• Accommodating the Venture Capitalists

It’s that age-old business/life dilemma, stick or twist? However, stick in the business world could well mean becoming obsolete over time.

Check what incentives you could qualify for – this may help in your decision making.

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