XFER Blog

Downtime is easily one of the most prolific reasons small businesses take in less money than they otherwise could, making it an existential threat to many if a certain threshold is met. Making a bad situation worse, there is no shortage of reasons a business may experience downtime. Let’s examine some of these causes to better understand how to minimize this universal issue.

The cloud has revolutionized how businesses operate across various industries, particularly in terms of financial efficiency. Today, we'll explore three significant ways your business can cut costs by integrating cloud solutions into your operations.

Printing has long been a headache for businesses, and the costs keep climbing due to various factors affecting the entire supply chain. This month, we'll explore why these costs continue to rise.

Sometimes, in business, you will hear about the opportunity cost of a decision. You may not be familiar with this concept that involves the investments you make in your organization's technology. In today’s article, we will discuss the opportunity cost of technology and why that cost may not be one you should be unwilling to take on. 

Managing a budget is difficult, let alone budgeting for something as complicated as your IT infrastructure. Even though IT is notoriously difficult to budget for, it still continues to grow as a priority for organizations. How can you ensure that your budget can keep up with the projected expenses of your IT in the next several years?

SMBs need to be sensitive to their profit margins, as their ability to offer valuable services and products is directly tied to how many resources they have at their disposal. Therefore, you need to do all you can to save money where it counts—including your IT budget. It makes the most sense to take care of your existing IT infrastructure so you don't have to throw away resources needlessly.

IT is pivotal to the success of any business. Still, for small and medium-sized businesses, there might be limitations placed on the organization's potential resources to cover its needs. Outsourcing IT responsibilities to a managed service provider is a viable option for improving the odds of finding success with technology management for SMBs. Here’s what your business can stand to gain from working with an MSP.

The end of the year is always a great time to look back on the past and look forward to the future and what it might look like. One way you can do this is by looking to cut out some of the clutter within your organization’s network by examining how often your applications are used and which services you are subscribed to.

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.

Printing has long been an integral aspect of doing business. In recent years people have witnessed a significant decrease in the necessity for printed materials. Despite this trend, many businesses continue to spend unnecessary resources on superfluous printing. Like every business, cost is a factor. We’ll offer you three valuable recommendations for consistently decreasing your printing expenses.

Technology is more than just a tool for business; it is the business. That’s why it is essential to ensure that your business’ technology works for you and not against you. This is easier said than done. It takes technicians with refined skills from experience working in the field to understand how to keep all the technology your organization relies on working effectively. Let’s take a look at why managed IT services are a huge benefit for any business that relies heavily on technology. 

In recent years, the Internet of Things (IoT) has emerged as a game-changer across various industries. One way that businesses can utilize these technologies is to understand how their businesses use their utilities as well as automate the control of some of them to cut costs and utilize these resources more efficiently. Let’s look at how businesses are using IoT tools to stabilize utility costs. 

Printing is costly, and a lot of organizations have done their best to reduce their exposure to unnecessary costs. With nearly everyone having a computer on them all the time, it seems as though the costs of printing can be reduced entirely. Unfortunately, businesses don’t always see how digital resources can help you stabilize costs. This month, we thought we would go through how your organization can use those digital resources to significantly reduce printing costs. 

Managing money is important in every aspect of life. For the small business, it is typically a matter of maneuvering available cash around to make it work best for the organization’s needs. Today, there are plenty of options a business can choose from that can transfer resources that traditionally were typically acquired through major capital expenses and make them operational expenses, allowing your business to do more. 

It’s never a good time to deal with budget cuts, and unfortunately, due to its large costs and investments, technology management, maintenance, and infrastructure are often a victim of them. Let’s go over how you can lessen or mitigate the hit you take when dealing with an IT budget cut.

Despite not wanting to think about cybersecurity incidents derailing your operations, it’s important nevertheless to consider them before it’s too late to do anything about them. These days, businesses need to invest considerable capital into protections, including a cyber insurance policy to cover all of their bases.

Let’s discuss some of your options for cybersecurity insurance and what you’ll need to know to make the most informed decisions possible.

The cloud has been a good resource for business for quite a while. Just how good? Currently, nine-out-of-ten businesses operate with some type of cloud-hosted solution. In fact, by the figures, we’re definitely looking at a cloud-hosted future. We thought it would be interesting to take a look at some of the cloud computing stats and trends to paint a picture of just how the cloud has grown up. 

Your technology resources are likely deployed across your business and while all that IT can really help speed up your business and make it more effective, you also have to watch your technology spending so it doesn’t become a problem as you move your business forward. This month, we are going to get into how to deploy certain resources to help you save some money and at the same time get the technology you need to be more productive. 

Cyberattacks have caused many millions of dollars worth of damage to businesses over the past several years, so it makes sense that your business should invest in its cybersecurity to mitigate these damages. That said, there is only so much you can invest into your cybersecurity budget, as you have to factor in other parts of your business, too. Today, we want to share with you three ways you can invest in cybersecurity initiatives that won’t completely break your bank.

There is no denying the versatility that technology like the cloud can provide, but it often comes with hidden costs that might affect its cost-to-benefit ratio for your organization. Here are some of these hidden costs, as well as what you can do to minimize the impact they have on your bottom line.