Businesses are relying on technology more and more. As they implement more technology, controlling their support costs is important for any organization if they plan to manage their budget effectively. With between three and six percent of a business’ revenue being spent on technology, going over the monthly budget can have negative effects on your business’ ability to spend elsewhere....
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Successful businesses often need to adapt to changing market conditions, consumer preferences, and industry trends. This means that they have to not only understand their business, but they also need to stay open to making innovative changes. Let’s look at six examples of changes that the average business may need to make to remain successful. (more…)
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Business is built on relationships, and to be frank, some can be quite challenging. Think about all the difficulties you’ve faced with customers, vendors, or employees. Sometimes, it's hard to imagine how your business could succeed without these key players, but they all can be a drain on any given day. Today, we’ll explore how the relationships you build in...
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Running a small business often inspires dreams of rapid expansion and immediate success. However, it’s crucial to balance ambition with realistic expectations to ensure sustainable growth. In today’s blog, we’ll discuss how entrepreneurs and managers can set achievable goals while maintaining business stability. (more…)
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AI is everywhere and it could be said that it is transforming the modern economy. With each passing day the technology is becoming an essential tool for businesses looking to boost their overall business efficiency. Small businesses can use AI in a number of ways and in today’s blog, we’ll explore how they can use AI to their advantage. (more…)
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When it comes to running a business, it's not a single task but a web of interconnected responsibilities that collectively determine its efficiency. For smaller businesses, this web can feel even more intricate, demanding more from their limited workforce. This month, we want to shed light on the substantial impact that even modest technological investments can have on a business's...
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The concept of a four-day-long workweek is one of the latest trends that businesses of all shapes and sizes are pondering. It has been touted to have significant benefits for both their operations and the employees who carry them out. However, is the “compressed” workweek the route your business should go? Well, as is so often the answer, that depends....
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Small businesses often face a range of technology-related challenges that can disrupt the efficiency of their business. Being able to understand the common issues—such as network connectivity problems, outdated technology, or cybersecurity—is the first step toward keeping business running smoothly. By identifying these recurring problems, businesses can anticipate potential disruptions and prepare strategies to reduce their risk. (more…)
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Today’s businesses have to deal with many risk factors, especially cybersecurity and its many related concerns. At this year’s Cybsafe Impact 2024 USA conference, intended to share human risk management insights, a very accomplished panel of experts shared various thoughts. Let’s explore some of the topics this panel spoke on. (more…)
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Even if it didn’t directly affect you, you have probably heard about the Crowdsrike outage that caused critical errors in a lot of Microsoft-run systems. Due to the sheer volume of companies and organizations that are using Windows, this error caused an unprecedented amount of computers to crash and took down over 8.5 million systems for extended periods and cost...
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