Knowing how to increase profits at a small to mid-size business is something every owner should keep in mind. A serious owner is always looking to increase profits. If profit increase is not on the mind then the business will either fail or remain stagnant for years to come.
One phenomenal way to increase profits with a small to mid-sized business is to outsource all IT work to a company that specializes in that particular field. If you own a metal fabrication shop, chances are, no one in the shop knows how to install firewalls, back up data, etc. Even if a worker or some workers do know how to handle that type of work, time is being spent away from what they were hired to do. Profits cannot increase if a worker is away from his/her job. So, it is important to keep in mind that someone or some company should be in charge of such matters.
Here are some ways that profits can be increased with an IT managed service working alongside/for the small to mid-size businesses:
If an IT company is hired to handle all aspects of electronic and online material, as mentioned, the workers have more time to do their actual jobs instead of trying to do tasks that are unfamiliar. More time spent working = More profits.
If an IT company is hired, look for one that is connected to companies that may be able to help you with material prices and customer base. Use the opportunity as a way to network. If able to purchase from a cheaper manufacturer, or pick up new clients, profits may have the ability to double. A company should always be striving to land that extra client or find cheaper prices. This is a wonderful way to attempt that in an effort to increase profits.
An IT company will have areas of the computer system on par. With a stronger, more efficient network, more customers can be reached outside of the usual area of business. Basically, if the system is always working, your online site will always be available and it will work as it should. This will allow more customers to visit and look through the site. More and more business is being done online. Jobs are secured, bids are completed, etc. If the network is run properly, by those who know what they are doing, profits will have the ability to rise.
These are just a few ways that hiring an IT company could increase profits for a small to mid-sized business. Any way to better a company, of any size, should be explored and once the IT side of the company is run correctly, more man hours can be directed towards tasks that truly matter to the livelihood of the company. Just remember, it is better to pay someone or a company that knows exactly how to complete a task than it is to ask a current employee to figure out the work. Too much time will be spent on a task and it will probably not be done correctly, which will require a professional to come in later. Handle all aspects of a business the proper way and do not skimp on quality of any sort. Profits will not be gained that way, they will be lost.
ONUVO is a monthly subscription-based, IT Managed Service Provider that also caters a cloud-based product Suite designed to prevent and solve IT challenges for small and medium businesses.
Contact us for an assessment of your IT needs.
787.961.5400 | firstname.lastname@example.org | www.onuvo.com