Expect to see title businesses continue to invest in new technology during the current slowdown. But not a spending spree. Instead, the best title business owners are already realizing that their traditionally narrow margins could soon become unacceptable margins as their profits continue to be eroded by compliance, client and market demands. And so, title businesses are moving selectively to attack specific pain points in their workflows, realizing real benefits without breaking the bank.
As you are considering the wisdom of adopting the latest innovation to address a specific business need, it might also be an opportune time to do a little analysis around your legacy systems to see what is still effective in managing and growing your business and what might actually be holding you back or slowing you down.
As you are considering the wisdom of adopting the latest innovation to address a specific business need, it might also be an opportune time to do a little analysis around your legacy systems to see what is still effective in managing and growing your business and what might actually be holding you back or slowing you down.