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Category Archives: Business Tips

  1. Small-Town Technology Constraints

    We’re located just a few miles south of downtown Raleigh, which is one of the most tech-forward areas in the country.  But there are plenty of small towns only 20 to 30 miles away – towns that are well within our service area but offer a very different environment than the big city. There’s a…

  2. Three Signs Your Company Won’t Die with You

    If you’re 55, there’s a 10% chance that you’ll die within the next ten years.  Put another way, one out of ten business owners who are 55 will leave their businesses behind in the next ten years. How prepared are those businesses to deal with not having their current owner?  In most cases, not very…

  3. 3 Cloud Services Claims You Need to Investigate Further

    Clearly, moving applications and data to the cloud is popular right now.  You don’t have to look any further than cloud providers’ financial results: Microsoft reported that quarterly revenue from its Azure cloud was up 73% year over year.  Amazon’s annual run rate is over $30 billion, up from $7 billion in 2015. Anyone providing…

  4. Three Things to be Cautious of in an IT Services Provider

    Warren Buffet famously said that it takes 20 years to build a reputation, and five minutes to ruin it.  If that’s still true, most businesses don’t hang around long enough to earn a reputation. It doesn’t take quite 20 years anymore – tools such as online reviews have sped up that timeframe considerably. Unfortunately, they’ve…

  5. Responding to a Cyberattack

    Five years ago, cyberattacks were mostly targeted at large companies, where the huge payout was worth the effort.  This is no longer true; between 60 and 70 percent of small and mid-sized businesses face cyberattacks each year.  As ransomware becomes more pervasive and phishing emails become less obviously fake, the effort required to execute a…

  6. Overcoming a Business Plateau: Taking the Leap of Faith

    This article is the second in a three-part series on how to overcome a period of stagnation, or “plateau” that businesses often hit somewhere between 20 and 50 employees.  The first article, Process and the Importance of Consistency, was posted previously. Most successful business owners have a pretty good idea of their business strategy before…

  7. Overcoming a Business Plateau: Process and the Importance of Consistency

    This article is the first in a three-part series on how to overcome a period of stagnation or “plateau” that businesses often hit somewhere between 20 and 50 employees.  Starting a business designed to grow beyond a couple of employees requires a tremendous amount of work – work that many owners are happy to do…

  8. Projecting What Your Business Looks Like in 2025

    One of the most common aphorisms in investment is that the markets hate uncertainty.  Businesses hate it, too, and for good reason.   Businesses make money by investing in the ability to deliver their goods and services more efficiently, and make their money back through increased profit margins on each future sale.  But if they plan…

  9. Providing Meaning to Your Employees

    What’s More Important Than Money? Depending on where your business is located in the Triangle, unemployment is somewhere between 2.8% (Cary and Apex) and 3.6% (Chapel Hill).  If you’re like most executives, you’re probably trying to figure out how to hire in this environment.  A 3% unemployment rate means that nearly all qualified prospects are…

  10. Two Signs You’ve Outgrown Your One-Person Technology Team

    Most companies start out with zero IT support staff, if you exclude the person who has to stop what they’re doing and figure out what’s going on when technology stops working.  As the company grows, that person might track down a freelancer they can pay to come help with the network when they get in…