It's easy to assume that being a small business, you'll be easily overlooked by hackers and other criminals, but sadly, that's not the case.
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In a recent blog, we talked about how to budget for IT upgrades in your small business, but what if you can find the funds for those large investments?
We posted recently about the importance of embracing and upgrading IT in your small business, but how do you find the cash to actually implement those needed upgrades? Small businesses have tight profit margins. If you're entering periods of new growth, it can be even harder to forecast your future profits and use them as a guideline for internal spending and improvements. But a budget helps regulate IT expenses and helps set your small business goals for the year.
At this point, there is no denying the hold technology has over us - both personally and professionally. Whether we are scrolling through our Facebook in the morning or playing music on Spotify, it has permeated our personal lives. Similarly, technology has also transformed business radically. There is now a myriad of ways through which technology can be utilized to streamline business practices and shape growth.
Outsourcing back office duties is a big step for any small business to take, but most find the benefits outweigh the risks and costs. Most small business owners recognize that hiring and training is costly and time-consuming. When you outsource a function, you will not have to hire and train an employee to perform the function. Instead, these problems and costs are borne by your outsourced company.
One of the keys to running a successful small business is to constantly find ways to integrate more technology that produces more efficiency and may give you a leg up on the competition. If you know you have a solid product or service offering and you want to make your small business grow and be successful, here are three reasons why you should look into technology:
It seems with every passing month the technology world offers another intelligent device that is a game changer for an industry. Many of the devices making the news these days are in the realm of personal devices, such as the plethora of fitness trackers now available or other personal home devices. However, behind the scenes, many businesses are beginning to see intelligent devices that offer real value to companies, both large and small. In this post, we will explore some of the ways in which the IoT can save money and increase efficiency for even small business owners.
Last month, we discussed when a small business may want to use a virtual machine. Now, with nearly everything we do becoming virtual these days, it's not surprising that PCs are jumping on that bandwagon. Virtual PCs aren't a totally new thing; ever see videos of people installing old Windows operating systems onto their computers? Thanks to software like VMWare, operating systems of all kinds can be used once more. This not only benefits those anxious to return to the past and play with older programs and applications, it also benefits small businesses. Here are some pros and cons to using virtual machines for small business purposes.
In order to understand when a small business might want to use a virtual machine, it helps to define what is a virtual machine. A virtual machine is a program that runs on your current operating system that provides a virtual environment to guest operating systems. In other words, it allows one to simulate an operating system on a machine that physically has its own operating system. For example, your small business may have Windows 10, but you could install Windows 7 in a virtual machine on that same computer to run your programs that are only compliant with Windows 7.
It is becoming increasingly rare to find a business, even a small business, that does not rely quite heavily on some form of technology to play an essential role in their everyday business operations. Yet, when it comes to the safety and security of their interactions with technology, small businesses are often in a unique situation. Rarely do small business owners have the technological expertise to ensure the integrity of their own hardware and software. More commonly, though, small businesses rarely have the resources to devote a substantial portion of their operational costs to employing a full or even part-time IT professional.