WEBTY'S ANNOUNCES NEW FINANCING ALTERNATIVES FOR CLIENTS New Plans Will Enable Smaller Businesses to Access Corporate Level Solutions Buffalo, New York - July 18, 2001 - WebTY's Publishing & Design announced today that as part of their ongoing small business initiative they will be offering financing plans to their smaller business clients. According the U.S. Small Business Administration documents, cost is the most common and greatest impediment to expanding e-commerce. The number one concern identified by respondents to a in-depth survey was: lack of funds for up-front implementation costs (1). This lack of access to capital not only prevents a large amount of small businesses from competently entering the e-business arena, but virtually excludes them from purchasing higher priced corporate level solutions. According to e-commerce analysts the estimated minimum initial investment in an e-commerce site is about $10,000. Small businesses should expect to spend 20% of the launch costs for annual maintenance and support (2). This will no longer be an issue for smaller businesses and start-ups. The new financing plans are available to clients as of the day of this release.
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