The ACCENT Learning Hub
The most educational business technology blog for Southern California executives, featuring insider tips, articles, and videos on how to get the best IT results.
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.
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.
Optimize your business's IT function, understand proper - and cost effective - IT staffing, and learn from the mistakes others have made.
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.
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.
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...
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.
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.
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.