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Can IT Support Contract Costs Be Reduced?

Every business wants to reduce its costs. Over the years, I’ve talked to hundreds of Southern California business executives and many of them are concerned about what they’re paying for IT Support Agreements.

The conversation goes in one of two directions: either their provider is doing a good job, so they feel like it must be easy, or they aren’t doing a good job and the executive feels like they’re paying a lot for little gain.

If you’re happy with your current IT services vendor but it seems like your costs are going up, it’s natural to evaluate where your money is going, and to look for ways to bring expenses down.

Is there a way to reduce IT support contract, or IT services agreement, costs? Here are a few things to dig into to answer that question.

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5 Common Businesses Mistakes That Increase IT Costs

Information technology (IT) is the foundation of operations for many companies. It can propel the organization to a new level when utilized effectively. On the other hand, if IT isn’t managed properly, it can quickly become an expensive anchor to growth.

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Year-End Information Technology Cost Savings Opportunities for Small Businesses

The end of the year seems to be a time of spending, but in case you haven’t heard, there are multiple money-saving opportunities for businesses this holiday season too.

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The Pros and Cons of Outsourcing IT Services

In today’s digital business world, it’s rare to find tasks that don’t require the use of a computer, tablet, or smartphone. This means that delighting your clients and keeping your employees productive depends heavily on the efficiency and competency of your company’s Information Technology department processes, whether it’s internally staffed or outsourced to a third party.

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A Small Investment to Keep Your Employees Productive

Bill is working on a critical customer proposal when his computer screen flashes to the "Blue Screen of Death." He frantically calls the IT Help Desk for troubleshooting and they discover the problem is a hardware issue. His computer will be out of commission until replacement parts are ordered, shipped, and installed.

How is he going to get this proposal  (and all of the other tasks he needs to do) done if he doesn't have a working computer anymore?! Read on...

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Guide To Backups: Image-Based Backups, Archive Backups, and Cloud Backups

In today’s fast-paced, data-driven world, backups are mission critical to your company’s survival and success.

Yet your data may be just one damaged drive, lost laptop, natural disaster, accidental deletion, malware attack, equipment failure, power spike or petty theft away from a profit-sucking, heartbreaking disaster.

So what measures must you take to keep your data safe, secure and where you need it, when you need it?

While there’s no one-size-fits-all-guns silver bullet, there are some general principles to be aware of.

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4 Ways To Reduce IT Costs Right Now

Operating a business is expensive. Between payroll, materials, taxes, equipment, legal services, etc., it’s no surprise that every business owner would like to lower their costs to improve their margins. It seems like almost every day, a business executive tells me that they want lower IT costs without sacrificing service.

There are four key areas I tell business leaders to check first to ensure they are maximizing the results from their IT investment.

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Easy Ways Small Businesses Can Reduce Data Costs and Risks

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Every week, I have conversations with business executives who want help reducing their Information Technology (IT) costs and risks. Some of the main concerns they bring up are around their data – reducing their off-site storage costs, organizing their files, and making sure the right people have access to the right data.

Since most companies’ operations rely heavily on technology, these are huge concerns for business leaders.

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How to Save Money on Your IT Investments

Now is the time that business owners and financial executives meet with their CPAs to evaluate their company’s tax position and plan next year’s budget.

Typically, information technology is one of the largest annual investments a business makes. At a time when cost reduction is the number one priority among businesses, here are a couple tax deductions and special offerings that will help companies find extra cost savings this year.

Save Money Through Tax Deductions

In 2010 the federal government updated the Section 179 Deduction, a tax credit that allows businesses to accelerate their deductions for depreciation. Under Section 179, businesses can fully write off their acquisitions made during that tax year.

Businesses can buy or lease up to $500,000 in machinery, computers, software, office furniture, vehicles, or other tangible goods, and depreciate it at one time. Normal depreciation requires a business to depreciate assets over a period of time, but with Section 179 you can take the full deduction in the same year it was purchased. For small businesses this deduction is especially useful because it helps them improve cash flow and lower their tax burden.

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