Your IT infrastructure is the core of your business and directly impacts your revenue. However, it’s expensive to keep a full-time IT team on payroll. Unfortunately, if you don’t have IT support when you need it, your business will suffer financially, making it hard to grow your revenue.
Managed IT is the key to maintaining consistent revenue growth over time. Although there will always be new opportunities to grow your revenue, without managed IT services, your expenses could undermine your profits.
If you haven’t checked it out, it’s worth considering. Here are four ways managed IT will support your revenue growth:
1. Your technical needs will be handled
When you have managed IT services, help for all of your technical needs is just a phone call or email away. Visit KansasCityIT.com to see a list of services that typically come with managed IT services in Kansas City.
Technical breakdowns happen unexpectedly and even the smallest glitch can have massive consequences. For instance, productivity will taper off until your printer’s wireless connection is fixed.
A managed IT team will help you implement systems, structures, and policies within your organization that are designed to prevent small, yet inconvenient breakdowns. You’ll also get fast access to a team of techs who will resolve just about any tech issue that may arise, whether it’s a problem with your wireless printer or a dead network switch.
2. Easy backups and recovery
Creating regular backups is a critical part of maintaining your IT infrastructure and protecting your revenue. For instance, if your server gets hit with ransomware, your network and website might go down for days, if not weeks. If you don’t have proper backups, you may never recover. Many organizations go out of business after a cyberattack because they just can’t recover.
Managed IT will help you create a backup of your website, network, and all of your important files so you won’t feel the impact as much. Although, backups will include more than just your files.
Managed IT will back up more than just files
Your IT systems are likely spread throughout your entire organization, which can make them difficult to manage and monitor. The more complex your IT systems are, the harder it is to create proper backups. Backing up files is easy when all you have to do is plug in an external hard drive and save files from a laptop. However, backing up company-wide IT systems requires a high-level approach.
You need to back up more than just files – you also need to back up software applications, settings, and databases, which isn’t always a drag-and-drop process and will require technical knowledge.
You can probably figure some things out by watching tutorial videos, but one mistake can cost you everything. For instance, if you don’t export your databases in the proper format, you won’t be able to import them later when needed. The problem is that you won’t know you’ve exported a database incorrectly until it’s too late.
3. Stronger cybersecurity
Nothing kills revenue like a lack of cybersecurity. If you fall victim to a cyberattack that disrupts your business, you’ll lose revenue by the minute until you recover. That is, if you can recover. Unfortunately, many businesses don’t.
You don’t need to be a large corporation to be targeted by cybercriminals. Small businesses are actually the largest target because hackers know most small business owners have weak cybersecurity. Unfortunately, one cyberattack can completely destroy a small business financially. CNBC reported that cyberattacks cost businesses around $200,000. Few small businesses can recover from that kind of expense.
Cyberattacks cause daily lost revenue
Cyberattacks are expensive because they can make you lose revenue by the minute. For instance, consider how much revenue you normally generate on a daily basis. Say that number is $5,000. If your business gets disrupted, you’ll lose $15,000 in revenue in just three days. If your business is disrupted for a week, you’ll lose $21,000 in revenue, and those numbers don’t include the cost of diagnosing and fixing the problem.
To avoid losing revenue from a cyberattack, a managed IT service team will help you create a defensive position to protect your business against common, yet preventable cyberattacks. Strong cybersecurity is the best way to manage security risks and prevent major losses.
4. Quick equipment repairs and replacements
What would you do if one of your networking components malfunctioned, or if your company network went down and you couldn’t figure out why? Would you know what to buy to replace it? Would you know how to install it? How long would it take to replace a server if you suddenly realized you had a hardware malfunction?
Trying to fix your own technical problems – especially dealing with devices – is a bad idea when it’s not your area of expertise. Not only is DIY risky, but using the wrong or inferior components will only make matters worse and cost you more in the long run. Therefore, these tasks are better left to IT professionals.
When something goes wrong, having a managed IT service team can get your business back on track quickly. You won’t have to try to figure anything out on your own or risk making costly mistakes.
If one of your networking components goes down, your IT service may even be able to fix it over the internet if it’s not hardware-related. If not, they’ll send a tech out to see what’s going on and that tech will know exactly what needs to happen to restore your network back to working order.
Growing your revenue means managing expenses
No matter how much you increase your revenue, if your expenses are also growing, it’s an illusion. True revenue growth can only happen when your expenses are under control. Hiring a managed IT team is the easiest way to keep large tech expenses under control.
Whether you’re looking for easy tech support, better cybersecurity, a neat server room, a proper network installation, or anything else, managed IT is the way to go.