After the past few years, the hybrid workplace has risen in its perceived value, the benefits of allowing employees flexibility in where they work from becoming very clear. That said, while the hybrid workplace is much closer to a reality than ever before, there are a few hurdles that must be cleared first.
Profitability is less the measure of being able to turn a profit, and more the measure of how much profit you can make. For the successful small business, the integration of technology can dictate what kind of annual margins you are looking at. For the new company, however, it can be something even more critical: the difference between setting a course for success, or wallowing in failure. Today we analyze the cost difference between hosting your IT in-house, or choosing to host it in the cloud.
There is no question that a small business can benefit from technology, as has been proven time and time again. However, an issue can arise if a business bites off more than it can chew, so to speak, and ultimately creates a spike in costs. A responsible business owner will resist this temptation and prioritize the solutions they need over the ones they want - building profitability and generating capital needed to make other improvements.
In this blog, we’ll examine some of the implementations that can deliver a good return on investment to a small business.
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