5 Common Tech Mistakes That Could Cost Your Small Business Money

5 Common Tech Mistakes That Could Cost Your Small Business Money

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Technology is a broad concept that has come to refer to breakthroughs in science that allow for a better or automated solution. While the most obvious benefit to technology in small business is increased productivity–which translates into a lower cost structure.
Tech allows small businesses to automate certain functions that historically have required the need to hire an employee.
Small businesses now compete with large businesses by being more swift and agile. Additionally, we are all aware that a small business can respond to change faster than a large business.
Brian Kaminsky an editor of Sitepronews also explain that Computer technology is at the core of today’s small business, but owners and managers are faced with the question: how do we keep up with the constant changes in the computer world? Will the computers we buy today be obsolete two years from now? And will using outdated computers and software slow my business down or expose it to dangerous exploits?
Today we are gonna explain 5 common mistakes made by small business leaders make:

Common Tech Mistakes That Could Cost Your Small Business Money

1.Shortsighted Initial Purchases

Business capital is almost always at a premium and it can be tempting for business owners or managers to try to save money by skimping on their initial investment in computer and network technology. The irony is good quality, name brand equipment will actually save money in the long run, performing better and lasting long after the bargain-priced equipment needs replacing. This doesn’t mean you need to purchase the latest and greatest hardware, but investing in computers with adequate memory, storage space, and CPU power will pay off.

2.Mobility will continue to affect them

There’s no escaping the need to go mobile. From a device perspective, there will be a continued push by hardware manufacturers who produce everything from phones, to laptops and tablets, to manufacture devices that do more than they ever could. Think smaller laptops, larger phones. With this innovation will come continued improvements in battery life, weight, and user interface, all leading to enhanced availability of options. Additionally, more technology users will be transacting through mobile web interfaces than ever before. Two interesting facts about this holiday season: First, Cyber Monday sales exceeded Black Friday sales and second, over 16% of digital sales were done on a tablet or mobile phone. Going forward, businesses must have a strategy for meeting their customer’s needs for mobile transactions.

3.Failing to keep technology maintenance organized

Backing up every workstation individually on a daily basis in an office full of computers is an incredibly labor-intensive undertaking. Now imagine updating your anti-virus software, applying critical operating system security patches, etc. one-by-one, computer-by-computer. It makes sense and saves you money to keep all your critical data in one central location where it is less prone to damage or loss from human error and it makes just as much sense to perform your technology updates form a central location. Initial outlays for centralized servers and software will pay for themselves through greater productivity and security.

4.Allowing unrestricted use of equipment

Just a few minutes a day of personal Internet surfing or e-mail usage by employees can add up fast, and unauthorized Web surfing can be a gateway for dangerous Trojans, viruses, and malware. Every company should have strict rules on use of equipment, and enforce them.

5.Waiting for problems to arise

Failure to prevent computer problems is like waiting to run out of oil before you take your car to the shop. It is less costly to be proactive in monitoring your computer network than waiting for things to break. Proactive computer and network maintenance can prevent costly downtime and the frustration it brings to your staff and customers.

CONCLUSION

We should learn to understanding the need for proactive and preventative care for our business technology i.e this should be as simple as justifying car insurance for our vehicles, or medical insurance for our health, but apparently this is not yet the case. The truth is that technology may be the largest single investment ,but lets try to secure and maintain that investment.

Segun Balogun About Segun Balogun

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