12,000 bucks isn’t a whole lot of money in today’s business environment. I don’t think any short-term investment is going to yield enough return to justify the risk. You’d sure hate to have to turn down prospective business by losing money in a risky venture. My advice, hang on to that cash; even if you don’t get the prospective job, you’ll still have the money to use in the future. That’s always a nice position to be in.
As far as expensive software goes, read below.
We just bought a copy of CADDSTAR for our company. It’s a piece of software that sits on top of AutoCAD Map. We paid almost $23,000 for one seat; at least it includes one year of tech support.
It’s used to design outdoor plant for the telecom industry. We have a long-term contract with a local cable operator for design/engineering of an upgrade to their current system. We’re rebuilding the entire Toledo area with a hybrid fiber/coax system. A nice 4 or 5 year long project.
In addition to our engineering functions, we have a media group that makes sales and training videos. These guys have a non-linear digital video-editing suite that must have cost a mint. It’s on a brand new Intergraph machine with dual 500MHz P-III processors, one gig of RAM and an additional SCSI drive array.
Keep in mind we are only a 25 man firm and have been in business for just less than a year now. So, business equipment and software can be extremely expensive for some very specialized fields.
Abstainer: a weak person who yields to the temptation of denying himself a pleasure.
- Ambrose Bierce