Three Ways Your Business Can Stay Profitable

Colocation services

Are you looking for ways to improve your business’s technology? Many companies are looking to adapt. The years pass quickly, and you might suddenly realize one day that was was working and fresh in 2006 is no longer working to your business’s advantage. How can you ensure that your company continues to innovate and keep operations streamlined, so that you stay profitable? Here are three things you should keep in mind.

1. The Benefits of Payroll Outsourcing

Are you still doing your payroll by hand? While this might be manageable for a while if you have a very small staff, in the long run, it’s not going to be profitable — or in your best interests. According to the IRS, about 30% of business owners end up making mistakes with their payroll — and tax mistakes can end up costing your company hundreds of dollars in fees. Outsourcing payroll not only increases accuracy, but it reduces the amount of time spent on this task.

2. Finding Better Business IT Solutions

Similarly, there are a lot of reasons companies decide on outsourcing IT work. The reality is that IT consulting work is getting more and more complex, and even giant corporations like Target end up with data breaches. If you’re only hiring one employee to manage all your data, you might be in for some trouble. There are a lot of reasons outsourcing makes sense. It allows a whole team of experts to handle your business IT solutions, rather than just leaving it in the hands of one or two people. It means you get around-the-clock care. It also means that, since you’ve outsourced IT support to a larger company with more resources, that you will get newer software at a lower price. Complex web hosting shouldn’t be something you do in-house.

3. Use Tools to Track Social Media

You’ve probably been told that your company should be using social media in order to stay engaged with customers. Like many businesses, though, your efforts may have fallen by the wayside because you have other aspects of your business to take care of. What you might not realize is that there are a lot of free tools out there that can help you stay on top of social media. There are Twitter related apps, for example, that can not only automatically tweet for your company, but tweet at the time when the largest number of your potential customers are going to be looking at Twitter.

What are your business IT solutions? Let us know in the comments. See this link for more.

Leave a Reply