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The IT Challenges Faced by SMBs Today

March 21, 2016 by wccadmin

Small to mid-sized businesses (SMBs) face a unique set of challenges on a daily basis. These businesses must be creative and resourceful with their technology spending in order to continue to grow and flourish despite financial and human resource constraints. Following are a few of the main areas of concern experienced by SMBs.

Keeping Data Intact

Losing data can bring an SMB to its knees and, quite often, out of business altogether. Without a data integrity specialist on staff, it can be quite difficult to manage the complexities of data flow, storage, and security. Failing to have a solid backup process in place makes the situation worse by creating an unnecessary risk of business collapse should a loss occur.

Managing Outages

Downtime is an expensive problem, costing hundreds to thousands of dollars per minute. SMBs are much more vulnerable to such a large financial loss than are bigger companies, especially when faced with prolonged outages. In addition, these smaller organizations typically lack the IT resources usually committed to system administration and maintenance. Those running the business without these critical resources are often unsure of how systems should be built and integrated, so may construct them in a less than stable architecture, leading to frequent downtime.

Antiquated Solutions

A wide variety of robust technologies exist today. Unfortunately, many SMB teams have limited knowledge of these new systems and fail to take advantage of their power, which can limit efficiency and productivity. As smaller companies must do more with less, this is an unfortunate obstacle to growth.

Using the Wrong Tools for Sales

Sales can be particularly challenging for SMBs, as they need both the right pitch and the right clientele. Lacking tools that can provide valuable information may mean that the sales staff is misdirecting its efforts. Modern data analytics can show trends, insights, and results in an extremely timely manner, but SMBs may not be capitalizing on these tools.

Enterprise-Sized Solutions Do Not Fit All

So many useful tools in the marketplace have been constructed to serve the big money forum: enterprises and major corporations. These applications and systems are complex and costly, which makes them out of range for most SMBs. Businesses of all sizes need workflow solutions, and SMBs must scour the landscape for affordable ways to handle everything from sales to HR, purchasing, and compliance.

SMBs have a particular set of needs since they may be limited by available resources. Acquiring affordable and easily managed IT solutions will help these smaller businesses succeed in an increasingly technical world.

Filed Under: SMB Tagged With: Data, downtime, IT, outages, sales, SMBs

Keeping an SMB Afloat in a Flood: The Importance of Business Continuity Planning

March 7, 2016 by wccadmin

Disasters come in many forms. But from a business perspective, it doesn’t matter if a flooded office is caused by faulty plumbing or a city-wide rain-pocalypse; the effects are the same, and they can be devastating. Natural disasters and extreme weather conditions cost American businesses billions of dollars every year.

According to FEMA, natural disasters result in the failure of 65% of affected businesses within one year of a disaster, and the lion’s share of these failures can be attributed to extended downtime. That is why having an effective and comprehensive business continuity plan in place is vital. By working with service providers and keeping a few key ideas firmly in mind, it’s possible for any business, including a small to medium sized business (SMB), to stay up and running.

Identify Mission Critical Elements

Certain elements of any business are vital to its operation. The first step in developing a business continuity plan is to identify which parts of the business are absolutely necessary for operation and which are not.

Evaluate the Risks

Businesses in different geographical locations face different potential disasters. Once armed with a comprehensive list of business critical elements, identify what types of natural disasters are most likely to affect those processes and how.

Develop a Strategy

Work through each disaster and develop a strategy to mitigate the effects of that disaster on critical aspects of the business. Common strategies include offsite data backup and secondary plans for internal communications should the regular network become unusable.

Physical Response Plan

Part of a comprehensive business continuity plan should involve what to do physically in case of a disaster. Consider the following:

  • Which emergency services should be contacted by whom in what circumstances?
  • Which exits should staff use under what conditions?
  • What materials and hardware should be rescued and/or salvaged first?

Answering these questions before they arise and practicing the steps involved can make recovering from a disaster much easier than it might otherwise be.

Recovery

Once the immediate danger has passed, it’s time to start assessing the damage and its effects on the business. How much downtime ensued, and how much did it cost the business? How much damage was inflicted upon facilities and infrastructure, and what is necessary to repair it?

The goal is to return to “business as usual” as quickly and efficiently as possible. Provided there was a solid business continuity plan in place before disaster struck, that should be quite feasible. Statistics show the devastating effects natural disasters can have on SMBs. A business continuity plan can prevent a business from becoming just another statistic.

Filed Under: Business Continuity, SMB Tagged With: Business Continuity, Disaster Recovery, downtime, infrastructure, natural disaster, SMB

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