Article by Ceri Wheeldon
When I set up my first business in my early 30s, the financial investment needed was far greater than the investment needed today.
I needed a PC, business quality printer, fax machine, copier, and telephone system all of which came to an initial investment of around £7000 and delivered far less functionality than a laptop and all-in-one printer costing hundreds of pounds today.
On top of that I had to rent an office and install ISDN lines. Phone calls were paid for by the minute, mobiles were still not an everyday tool. Investment in business stationery was significant. As was postage.
The business day revolved round meeting the 4pm post deadline.
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