Tag Archives: Finance
SMBs poised to rebound when economy turns
A new study, “Understanding Growth Priorities of Small and Medium-sized Businesses” conducted by the Economist Intelligence Unit and sponsored by services company Verio, finds that 83 percent of small-business executives are optimistic about their potential for growth once the economy turns.More than half of the respondents believe there will be a worldwide economic upturn by [...]
Go Green!
These days there’s a lot of buzz about “going green” – helping preserve the environment, conserving energy, and looking for sustainable ways to grow the economy. The IT industry is doing its part as well, with “green computing,” which is basically computing by more efficient and sustainable means. You can get on board with some [...]
Stop Wasting Money with Inefficient Communications
Research conducted by SIS International Research and sponsored by Siemens found that small and midsized businesses (SMBs) with 100 employees could be leaking a staggering $524,569 annually as a result of communications barriers and latency. The study identifies these top five pain points, in order of estimated cost:
inefficient coordination
waiting for information
unwanted communications;
customer complaints
barriers to communication
In [...]
18 Tips For Small Businesses That Outsource
Janet Attard of The Business Know-How Blog posts 18 tips for small businesses considering outsourcing. She offers insight on how to get the best possible results from outsourced work. Among them:
Know the results you want to achieve.
Understand how long it should take to complete the work. (Ask others in your industry if you’re not sure.)
Set [...]
Good News for Small Businesses in Canada’s 2009 Budget
Small businesses will get a helping hand with some key expenses under Canada’s 2009 budget, which calls for $30 billion in economic stimulus—because part of that money will go to tax breaks that make it cheaper for businesses to invest in computer technology.
In the past, the Canadian government has required that assets be depreciated over [...]
The ROI Series – Calculating the ROI of a Technology Investment – Part 3
When an economic downturn starts to hurt, small businesses often hunker down and cut costs. But new technology solutions may be necessary for survival and growth—and they may not be as expensive as you think when you consider their return on investment (ROI). In this three-part series, we’ll review what ROI is, explain how an [...]
How SaaS Helps Cut Small Business Costs
When you have to lay off staff, software-as-a-service can often make up the difference, especially in sales and marketing.
Every business wants a hot niche, and Starr Tincup had one. In 2003, the Fort Worth marketing and advertising startup decided to cater to software makers in the human resources industry—and quickly signed 20 customers. Then the [...]
Changing Printer Toner Doesn’t Have To Be Messy
When the toner runs out of the printer in your office do you run to change it or do you cringe, shaking at your desk, just hoping some other poor soul has to change it before you do?
Read more at Small Biz IT…
Good News for Small Businesses in the Bailout Act