Opportunity Cost, Return on Investment, and Saving Money with Technology
Part of doing business is understanding certain types of trade-offs related to the decisions you make. Specifically, we want to highlight opportunity cost as it relates to technology. What is the opportunity cost of technology, and why is it an important concept for a business owner to grasp?
Tip of the Week: 4 Ways to Save Money on Your IT Solutions
Are you paying attention to where you spend your IT dollars and whether or not you are making the most of your budget? It’s important to assess your needs before making any major technological purchase, including the goals, challenges, and pain points you are trying to solve. With the right approach, you can increase the […]
How to Scale a Growing Business (Using Technology to Your Advantage)
If you could generate more revenue without spending more, wouldn’t you? If you share most people’s goals and aspirations, the answer is a resounding and enthusiastic “yes.” Scaling a business is an important element of continued success—provided it is carried out correctly. Let’s discuss how you can help ensure your success, partly by implementing the […]
Don’t Want to Fully Outsource? Consider Co-Managed IT
SMBs need to be able to navigate the complexities of IT, whether it’s with a completely outsourced IT department or an in-house team of technicians. However, if you are thinking of technology management in this black-and-white way, you are eliminating the potential for enormous benefit through the use of co-managed IT.
Insurance Companies Are Asking My Business About Its Cybersecurity. What’s the Deal?
You might have noticed that business insurance companies are starting to show an interest in how you are protecting your technology and data. If your org has been in touch with your insurance provider regarding modifying or renewing your business insurance, you were likely handed a lengthy questionnaire about your cybersecurity. Let’s take a look […]
How to Judge the Value Cloud Computing Can Deliver
While one of the big selling points of the cloud has always been how cost-effective it can be, it is important to remember that this isn’t always the case. There are situations where the value that a business gets from the cloud isn’t really worth the price of admission. Let’s take a few moments to […]
Do You Know How Much You Should Be Spending on Cybersecurity?
Nowadays, you can’t afford not to have some portion of your business’ budget set aside for cybersecurity. The question is, how much do you need, and what should you be spending it on first? Let’s take a few moments to dig a little deeper into this question and examine a few cybersecurity protections you should […]
Three Ways You Can Save Money on Your Business’ Technology
Technology can be pretty expensive to buy and maintain, but it can get a whole lot more expensive if you aren’t cognizant of how your IT dollars are being spent. Long ago are the days when companies could get their technology for a song and it would work for years at a time. Today’s business […]
Are the Technology-Related Services You Use Saving You Money?
If you are like many businesses, you use a lot of services from other companies to try and get all the business computing you need, without having to buy new servers and pay company IT administrators to look after them. This process is understandable, but are you really saving money by doing it? This month […]
3 Ways that Managed Services Can Boost Your Business’ Profitability
In good times and bad, profitability is the priority for most businesses out there. Having said that, this priority is typically a challenging one to achieve, but did you know that there are a few different ways that investing in a relationship with a managed service provider can help increase your productivity—and as a result, […]