The primary aim of a business is to increase profits. Businesses accomplish this goal by implementing the best balance of revenue to expenses. Ideally, the business will always focus equally on increasing revenue AND decreasing costs. However, sometimes market, economic or other circumstances lead a business into a time of uncertainly or decline and they need to pivot to be laser-focused on the reduction of costs.
You may think that such a situation would be the last time you should consult with your IT services provider. Depending upon who provides the IT services for your business, you may be right. But, if you truly have a trusted IT adviser, it would be the perfect time. Your IT consultant should be able to take a look at your business processes and IT infrastructure to determine the ways you could possibly reduce expenses while maintaining the areas critical to your business.
Their advice may involve reducing IT expenses by moving from a legacy product to a less expensive option. Or, it might involve reducing office space rent by moving some or all of your business to a remote cloud-centered infrastructure. If your company has continually resisted their advice for proper technology upgrades for years, and your business is run pretty lean already, it is possible that they might not be able to save you much money in the short-term without spending now for long-term gains. However, you don’t know if you don’t ask. Whether your business is in trouble due to a crisis or simply trying to be more profitable, one question you should be able to ask your IT Services provider is “how can you help me save money”? Contact us to ask that question today!