This morning's Wall Street Journal, in its front page story describing the harsh 6.2% contraction in the U.S. economy, spoke of a business owner named Bradley Aldrich, president of an engineering firm that usually spends $40,000 per year on new equipment.
No surprise, that yearly investment in new equipment is not happening this year, as of yet. But that doesn't mean Mr. Aldrich doesn't have his eyes on his company's next purchase:
A $30,000 software ystem that would allow the firm to store and share a vast database of blueprints and other documents. The Journal writes:
"Aldrich guesses it would save up to $5,000 a year in paper costs."
We wonder how many other business decision-makers have a document imaging solution on their wish list, and are only waiting for the economy to improve so the capital is available to make such a purchase.
We'd guess Mr. Aldrich is not the only one interested in saving up to $5,000 per year in paper costs. Not every document imaging solution costs $30,000 up front, either.
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