Downtime is easily one of the most prolific reasons small businesses take in less money than they otherwise could, making it an existential threat to many if a certain threshold is met. Making a bad situation worse, there is no shortage of reasons a business may experience downtime. Let’s examine some of these causes to better understand how to minimize this universal issue.
The cloud has revolutionized how businesses operate across various industries, particularly in terms of financial efficiency. Today, we'll explore three significant ways your business can cut costs by integrating cloud solutions into your operations.
Sometimes, in business, you will hear about the opportunity cost of a decision. You may not be familiar with this concept that involves the investments you make in your organization's technology. In today’s article, we will discuss the opportunity cost of technology and why that cost may not be one you should be unwilling to take on.
Managing a budget is difficult, let alone budgeting for something as complicated as your IT infrastructure. Even though IT is notoriously difficult to budget for, it still continues to grow as a priority for organizations. How can you ensure that your budget can keep up with the projected expenses of your IT in the next several years?
SMBs need to be sensitive to their profit margins, as their ability to offer valuable services and products is directly tied to how many resources they have at their disposal. Therefore, you need to do all you can to save money where it counts—including your IT budget. It makes the most sense to take care of your existing IT infrastructure so you don't have to throw away resources needlessly.
IT is pivotal to the success of any business. Still, for small and medium-sized businesses, there might be limitations placed on the organization's potential resources to cover its needs. Outsourcing IT responsibilities to a managed service provider is a viable option for improving the odds of finding success with technology management for SMBs. Here’s what your business can stand to gain from working with an MSP.
The end of the year is always a great time to look back on the past and look forward to the future and what it might look like. One way you can do this is by looking to cut out some of the clutter within your organization’s network by examining how often your applications are used and which services you are subscribed to.
In recent years, the Internet of Things (IoT) has emerged as a game-changer across various industries. One way that businesses can utilize these technologies is to understand how their businesses use their utilities as well as automate the control of some of them to cut costs and utilize these resources more efficiently. Let’s look at how businesses are using IoT tools to stabilize utility costs.
Managing money is important in every aspect of life. For the small business, it is typically a matter of maneuvering available cash around to make it work best for the organization’s needs. Today, there are plenty of options a business can choose from that can transfer resources that traditionally were typically acquired through major capital expenses and make them operational expenses, allowing your business to do more.
It’s never a good time to deal with budget cuts, and unfortunately, due to its large costs and investments, technology management, maintenance, and infrastructure are often a victim of them. Let’s go over how you can lessen or mitigate the hit you take when dealing with an IT budget cut.
Despite not wanting to think about cybersecurity incidents derailing your operations, it’s important nevertheless to consider them before it’s too late to do anything about them. These days, businesses need to invest considerable capital into protections, including a cyber insurance policy to cover all of their bases.
Let’s discuss some of your options for cybersecurity insurance and what you’ll need to know to make the most informed decisions possible.
The cloud has been a good resource for business for quite a while. Just how good? Currently, nine-out-of-ten businesses operate with some type of cloud-hosted solution. In fact, by the figures, we’re definitely looking at a cloud-hosted future. We thought it would be interesting to take a look at some of the cloud computing stats and trends to paint a picture of just how the cloud has grown up.
Cyberattacks have caused many millions of dollars worth of damage to businesses over the past several years, so it makes sense that your business should invest in its cybersecurity to mitigate these damages. That said, there is only so much you can invest into your cybersecurity budget, as you have to factor in other parts of your business, too. Today, we want to share with you three ways you can invest in cybersecurity initiatives that won’t completely break your bank.
There is no denying the versatility that technology like the cloud can provide, but it often comes with hidden costs that might affect its cost-to-benefit ratio for your organization. Here are some of these hidden costs, as well as what you can do to minimize the impact they have on your bottom line.
Cloud technology has changed the way we do business, and it has provided countless opportunities for companies to achieve their wildest dreams. Granted, different businesses will use the cloud in different ways, but one fact remains the same: it makes financial sense to implement the cloud, no matter what type of business you are. Let’s go over some of the benefits.
Let me ask you a question: if you haven’t already gone back to the office full-time, are you looking forward to the opportunity? Research has shown that your answer probably depends quite strongly on whether you are the boss or the employee. Let’s explore this phenomenon.
Internet connectivity is an increasingly important component to a business’ capabilities in this day and age, as well as all the more crucial to an individual’s everyday life. However, with financial difficulties restricting this access for many, the Federal Communications Commission has stepped in. With a $50 subsidy being made available to low-income homes each month, this situation warrants a closer look.
When a budget comes into play, it is important to remember that there are a few ways that you can adjust it beyond eliminating line items. For instance, you can instead optimize some of the most egregious financial requirements your technology has--its support costs--by translating the unpredictably variable costs you likely deal with now for your support, to the much more sustainable agreement that a managed service provider will operate through.
Once upon a time, the printer was absolutely crucial for business to be conducted properly, but nowadays, the use of digital solutions has greatly reduced the need of printing things in greater volumes. However, this is not to say that printing is not still an important facet of your business to manage. Here, we’ll examine how print management can help a business do so.
A Bring Your Own Device (BYOD) policy is something that many organizations have adopted, for a few good reasons: employee satisfaction, cost savings, and productivity boosts included. However, it’s crucial that you don’t just assume that you can adopt a policy like BYOD without establishing some ground rules that your employees need to abide by.
