Business technology is one of the greatest expenses in your budget, particularly when things don’t go according to plan. These are typically looked at as capital expenses, which means they are expensive and unpredictable by nature… but they don’t have to be. Today, we want to show you a different way of managing your IT that transforms it into a predictable operating expense.
In running a business, it’s easy to adopt a mentality where if it ain’t broke, you’re not going to fix it. This is especially true with your technology, because of several factors that can negatively impact your business. If your computers turn on, emails send, and for the most part, things seem to work, why go through the trouble of concerning yourself with its consistent maintenance?
Many businesses are under the impression that their IT, despite being a necessary cost, is just that: a bottomless pit for the company’s hard-earned money. However, this impression could be a sign that the business is not utilizing its technology effectively. Let’s look at three signs that your organization might need to reconsider its relationship with IT spending and how they contribute to your company’s overall impressions of IT (as well as its productivity).
While it might be tempting to take advantage of deals, sales, and even “free” technology, it’s crucial that you acknowledge you’re losing something valuable as a trade-off. The problem with tech is that “cheap” and “quick” doesn’t translate to “effective” and “valuable.” If you’re not careful, you might find yourself a victim of “tech debt,” an issue that can create serious problems for your business.
Experiencing downtime can severely harm your business. If you're not actively monitoring your network to minimize it, you're putting your operations at risk. Downtime refers to any period when your organization isn't functioning as intended, and it's crucial to manage it diligently. Failing to do so can lead to several challenging issues.
Basically, you run into three different problems. They are:
One of our favorite questions to answer for our clients is, “How do you help us save money?” When you outsource your IT, saving money is one of the big goals, so we thankfully have a full-fledged answer to this question. Today, we will share three of the best ways you’ll save money and resources by working with Horne & Benik for managed IT services.
Your business runs on a budget, and how you spend that money affects whether you make a profit by the end of the year. One of the most important areas to focus on is your IT (information technology). IT is the backbone of any modern business, so including it in your budget is crucial. Let’s discuss why prioritizing IT in your budget can make your business more successful.
Printing is often a source of consternation for businesses. Unfortunately, printing costs have been rising rapidly for years due to a combination of factors impacting the entire supply chain. This month, we’ll take a look at some of the reasons these costs continue to rise.
Small businesses increasingly rely on technology to streamline their operations and engage with customers. While technology offers numerous benefits, it also comes with its set of challenges and risks, particularly in terms of financial security. Effective IT support is crucial for safeguarding the financial stability of small businesses. This month, we’ll take a look at how this works.
For modern businesses, data is king. It's the driving force behind decision-making, strategic planning, and competitive advantage. Enter business analytics.
This powerful tool transforms raw data into meaningful insights, but how can you use small business analytics for yourself?
Budgeting for anything can present challenges, especially when businesses heavily rely on information systems. Securing funds for IT initiatives can be particularly daunting in such organizational landscapes. Despite these hurdles, however, the IT sector continues to build steam, with year-over-year business IT spending reaching its highest levels ever. Let’s go into how your IT budget is pivotal in advancing your organizational technology endeavors.
If there’s one part of any organization’s operational expenses that concerns many business owners, it’s IT expenses. In fact, some companies have so little control over their IT expenses that they practically hemorrhage money, leading to limited capacity for growth and investment in other parts of the organization that desperately need the help. How can you fix your IT spending and improve your organization as a whole?
It all starts with a network audit and some intelligent future planning. Let’s review some of the most important work you can do to help your business better budget for IT expenses.
Information technology, or IT, is an indispensable component for most contemporary businesses and serves as the backbone of their operations. To ensure a smooth operational infrastructure, it is crucial that businesses manage their IT in the most effective manner possible.
One such way businesses can do this is through working with a managed service provider, or MSP. These types of arrangements can provide businesses with clarity and ease of mind as it pertains to IT and operations.
Your IT team plays a crucially important part in your business machinations. However, many small and even medium-sized businesses may not have the in-house resources to effectively cover their needs. If this could easily describe your business, you might want to consider outsourcing some of your technology management needs to a managed service provider.
Businesses are increasingly reliant on technology, and effectively managing IT support costs has become crucial. With approximately three to six percent of a company's revenue allocated to technology expenses, exceeding the monthly budget can have adverse repercussions on the ability to allocate funds elsewhere.
Printing has been a major part of most businesses for a long time. It’s how ideas were shared for decades. The past couple, however, have seen the need for printed resources go way down, but that often doesn’t stop businesses from wasting useful capital on unnecessary printing. This month, we thought we’d give you three tips to help you reduce your printing costs, month after month.
Defining art can be a challenging task, particularly in light of the constantly evolving techniques and mediums. At its core, art can be succinctly described as the creative expression of an individual using some form of medium.
The Right to Repair movement has evolved from a simple idea into a full-fledged campaign, with numerous states enacting measures to enhance the rights of consumers and businesses who use various technologies daily. Let's take a moment to assess the current status of this movement and explore what it means for businesses.
Businesses require financial resources to operate, and at times, it can be quite challenging to free up enough funds for strategic initiatives after covering all expenses. However, harnessing the right technology can be a game-changer. By establishing a more streamlined and efficient process, tasks can be accomplished with fewer resources, opening doors to enhanced revenue generation and the ability to reallocate resources in alignment with your organization's immediate objectives. Let's explore some technologies that can aid in achieving these goals.
Now that we’re in Q3 of 2023, it’s time to start planning out your budget for the next fiscal year—including your IT services budget. Let’s go over some of the considerations you’ll need to keep in mind for this remarkably important aspect of running your business.
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