While business owners understand the value of new technologies, they struggle with choosing the right products, as well as the right time to adopt them to have the greatest impact on their business.
In order to help you navigate “what’s what” in the new technological landscape, we’ve put together a framework to assist you in choosing technology to benefit your company.
We work with you in planning which technology to choose to grow your business.
SET UP A BUDGET
The cost of technology can be a significant burden for businesses. Business owners listed the cost of technology upgrades as their greatest technology-related challenge. For this reason, owners need to work within a pre-established budget that aligns with their company’s current financial situation and future goals. Working within a budget will help you avoid purchasing additional technological perks and add-ons your company doesn’t need. Your budget should consider two key things: The cost of the technology and the cost of implementation.
We research technology solutions and do our homework thoroughly beforehand to curb unexpected costs, so choosing high-quality technological solutions on the outset will save time and money down the road.
UNDERSTAND YOUR COMPANY’S NEEDS
One of the best ways to make the right technology choice and stay on budget is to figure out your company’s specific needs. As a business owner, you want to adopt technologies that will work within your existing business and yield a concrete return on investment.
We first identify which business processes you want to change. Do you want to make your data more secure? Or automate certain processes? Whatever your company needs, you should fully understand how a specific technology will meet them before you ever make the purchase. Additionally, we put analytics in place to measure the technology’s ongoing effect on the company’s bottom line. It’s important to remember that technology simply cannot make up for poor processes.
LOOK FOR INTEGRATION AND SECURITY
It is also important that we make sure your new technology can be integrated with your existing systems. The majority of new devices have to be connected wirelessly, so we need to ensure that you have a reliable wireless infrastructure in place. Additionally, some technologies aren’t compatible with each other, so we make sure to check your existing systems before making new purchases.