Notes

Permitting More Profits Through Strategic Use associated with Technology Solutions
There are two types regarding business owners which consider technology in different ways:

Type I - "The Gadget Person"

This sort of owner holds technology at just about all levels. They may be deemed "early adopters" coming from a technology viewpoint. The gadget guys were the first ones to acquire a Palm Initial in 1995 and loaded all their very own contacts on the device. They were excited to set sessions and have electronic reminders beep almost all day long.

Type II - "Just make it work"

This sort of owner proudly proclaims that they will know hardly any in order to nothing about technological innovation and are happy to leave it that way. read more were skeptical of email to start with, but have come to count on it quite a tad.

Both types are interested in their company and could benefit through strategic application of the particular right technology solutions.

Understand Your Method

Coupled with technology is "process. inches Process is identified as steps necessary to manufacture your items or the signifies to provide your current services. A clean and efficient procedure is the key point to applying any technology solution efficiently. The wrong, or perhaps inefficient process, will certainly lead you to be able to spend $100k about an unnecessary method. The efficient course of action will save an individual money when implementing technology and really should increase your profits. It really is vitally important intended for your business that you examine all of your processes BEFORE putting into action any technology solution.

If your procedure is efficient, next applying a technology solution will systemize the operation which often will properly enable growth. On the flipside, if your procedure is inefficient, well then applying technology will be costly and probably work against alone. Technology for the sake of technology will not solve something. In fact , without the proper process plus strategy, you will likely produce problems furthermore decrease your margins by applying the incorrect technology solution. Some sort of technology "solution" have to solve something.

The technology solution have to meet at least one of the following four criteria:

one. reduce operating costs

2. automate current (efficient) processes to enable growth

3. provide an efficient way to communicate

5. enable your company to improve usana products and/or services

Ahead of the first dime is definitely spent, insure that the examine these criteria.

Mike Echlin is a 20-year technology veteran who has assisted many small businesses optimize their use of technology. Technology is an enabler for profits, period.

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