Avoiding being left in the dust
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Paul Clinton
Martha Daniel has seen firsthand how important technology can be
in driving the expansion of a small business.
Daniel, the president and chief executive of a Costa Mesa-based
information technology services company, offers her services to
companies and public agencies still looking to jump into the tech
age.
Daniel, an African American, was also one of a handful of local
business owners who participated in a Merrill Lynch survey released
in November that explored the success rates of minority-owned small
businesses with and without tech savvy attitudes.
Businesses in Orange and Los Angeles counties were surveyed.
Of the 1,014 businesses included, 51% use “the latest computer
technology,” while only 38% use the Internet for commerce.
“There’s a strong connection between a small business’ use of
technology and their ability to grow,” said Garrett Gin, Merrill
Lynch’s community development vice president. “There is a competitive
advantage to using technology in running a small business.”
The survey -- “Minority Business Enterprises: Gaining the Tech
Advantage” -- also reported that African-American businesses used
up-to-date computer technology at a far higher rate than other racial
or ethnic groups, including whites.
Businesses that use these technology, the survey reported, show a
“marked improvement in their business growth compared to those that
do not.” Tech-oriented businesses were more successful at increasing
revenue and adding new jobs, the survey said.
The survey stems from a larger survey known as the Minority
Business Atlas, which Merrill Lynch commissioned in 2000.
Daniel, who also partook in an Orange County Business Council
workshop on a spinoff of that study, has owned and run privately-held
Information Management Resources Inc. out of a South Coast Drive
office for five years. She started IMRI, as it is known, in Irvine a
decade ago.
For a fee, Daniel proposes ways to integrate technology with the
day-to-day workings of companies, as well as some municipalities.
Another Costa Mesa technology provider, SolidSource, provides
software to help streamline the operation of veterinary clinics.
Kirti Vola, president and chief executive of SolidSource,
developed the proprietary software PracticeVeterinary, an integrated
Web-based software package that allows clinics to manage
appointments, medical records, prescriptions, payroll and other
tasks.
Vola started his Red Hill Avenue business, which is also privately
held, with five other founders in 1999.
Vola, who developed the software in his native India, also agreed
with the findings of the study.
“If you don’t develop technology, you will be left out,” Vola
said. “All business needs technology.”
* PAUL CLINTON covers the environment, business and politics. He
may be reached at (949) 764-4330 or by e-mail at
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