Why Value Should Remain the Priority for Business Owners as They Increase Their Supply Budgets | Entrepreneur

We learned most owners and operators expect to increase their supply budgets this year. Interestingly, their purchasing decisions and shopping preferences vary along generational lines... Sixty-one percent of respondents plan to increase their supply budgets this year. That expectation rises to 78% among the youngest respondents (aged 18-34).

When asked about their investment plans for the next year, 58% identified technology (computers, A/V equipment, phones) as the most anticipated business essential, followed by office supplies and furniture (41%) and facility maintenance (38%)... A quarter of business owners and operators believe technological advancements significantly impact their supply budgets, rising to 37% for owners and operators aged 18-34.

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