Category: Fixed assets for SMB

Small businesses are willing to get rid of their old technologies

Small-business owners have decided that enough is enough. They are ready to ditch their antiquated technology and embrace new solutions that allow them to experience higher levels of efficiency and improved productivity among their staff. According to a recent study released by business cloud and digital media services provider j2 Global, nearly 9 in 10 of more than 32,000 respondents said they at least want to get rid of their old business technologies this year. In addition, 23 percent stated they either plan to throw away their landline phones in exchange for mobile devices and virtual phone systems. “The unrelenting trend toward the…

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Help the business and retain customers by investing in new technology

Small-business owners who are poised for growth want to be able to expand their customer base as much as possible. However, it seems that a failure to invest in the latest technology could be slowing them down. Fox Business reported on a September 2013 poll conducted by Microsoft what revealed more than 9 in 10 consumers would stop interacting with a company due to its outdated technology. Russ Madlener, senior director of US SMB group at Microsoft, told the news source that he isn't surprised. In today's business world, shoppers are most concerned about security and privacy. if they don't believe…

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Small businesses want to be smarter in 2014

One small-business owner who responded to a recent Constant Contact study said his or her New Year's resolution is as follows: "Run more efficiently. Need to keep costs under better control. Having a better plan/budget in place should help with expenses." This sounds like someone who needs to make the investment in digital asset management solutions to get the most out of existing equipment.  There are many other small-business owners across the country who want to streamline their budgets and try their best to maximize capital. This is why small-firm owners are making promises to change their enterprises in the upcoming year. In fact, 53…

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One year after Sandy, small businesses still not prepared with disaster recovery measures

While tracking and managing fixed assets from procurement all the way to disposal to maximize cost-efficiency is a primary reason organizations in the for- and nonprofit sectors use inventory accounting solutions, these tools can also help organizations safeguard against natural disasters. Throughout the world, hurricanes, fires, earthquakes and destructive natural events threaten the well-being of businesses, institutions, agencies and other entities every year. While many organizations in the United States have made efforts to protect against the damages natural disasters cause and develop contingency plans that would allow them to continue functioning shortly after such an event, some businesses may not…

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Tips to reduce equipment costs

Any business that relies on fixed assets to run naturally wants to take the best care of them it can. It is also imperative to reduce the costs incurred by equipment in order to create more profit. In the construction industry, many strategies exist to reduce costs related to equipment that companies may not be using. Whether this is because of the perceived difficulty of these strategies or simply a lack of awareness of them, not implementing cost-saving measures is inadvisable for any business. Ways to reduce equipment costs without much upfront expenditure exist, and there are also strategies for businesses with…

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