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36
MONEY

I'd Spend It On . . .
 

Survey asked entrepreneurs how they would spend money if they could get whatever amount they asked for.
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If you were given the ideal level of financing for your business, what would you spend it on? Ernst & Young recently asked that of Entrepreneur of the Year award winners from around the country. Here's how 297 respondents answered (almost all had big plans for the money):

Percentage of respondents

New plant or equipment 64%

More employees 54

More inventory 36

Additional employee benefits 24

Research and development 15

New stores or branches 15

No changes 6

Source: Ernst & Young, Entrepreneur of the Year Institute, 1993.

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Last updated: Apr 1, 1994




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