Business Archives - Kutztown, Pennsylvania | Lantek

Wasting money is a major problem regardless of the kind of business you run. Technology can do a lot to stretch your dollars, but it can also be the cause of waste. This week, we thought we’d identify three ways that your business could be wasting significant money on your IT. 

Technology has been a critical element to building a business since, well, there’s been business…and 2023 won’t be any different. With operational problems urging businesses to seek out the technology to resolve them, continued adoption of technology is imminent. Let’s consider three ways that technology should be used in the coming months.

There are many proponents of the four-day workweek, so many to the point where it is actively being implemented to determine if it is as successful of a strategy as it is in theory. You might be surprised to hear that it is, in fact, a successful business model, and there are studies to back it up.

The more you seek to understand your business, the better you are going to be able to run it efficiently. No, this was not Confucius, although it sounds similar to something he would get behind. The more efficient a business becomes the less it will spend. How does this work? Today, we’ll unpack what it takes to cut your costs without hurting your business. 

It’s not uncommon for an employee to hold a second job outside of your office, whether it’s a side gig that they are trying to turn into a passion project or a side hustle just to make ends meet or put away a little extra money every month. Workers holding multiple jobs is certainly not unheard of—if anything it’s more common than ever, thanks to the remote work surge. How does this phenomenon impact your organization?

When trying to determine if a certain piece of technology should be replaced or just taken away entirely, you should first ask yourself if the technology affects your products or services in any discernible way. If the technology is something that helps with productivity and efficiency to aid in the production or delivery of said product or service, then it’s worth investing in.

The technology your business uses can be viewed as a mandatory expense nowadays since so much of your business is tied to its functionality. The more IT costs rise, however, the less small and mid-sized businesses like ours can do with our IT budgets. These costs are affecting the way we think about our technology and you are probably in the same boat. Today, we will go through a few ways the rising costs of organizational technology and technology support solutions impact businesses like yours.

IT consulting can bring your business a lot of value, but many business owners don’t quite understand just how this works. I mean, how much value can you get from simply talking about things that are going on with your business technology? Well, if that were all consulting was, then probably not all that much. Today, we are going to go through what kind of features comprehensive consulting provides. 

Both in-house and remote operations have their places in the work environment, and many companies have opted to combine the two to create a hybrid workplace. While this too has made a world of difference for all kinds of businesses, others have found that it lacks the inclusivity that a modern workplace demands. Let’s take a look at the cause of this.

As businesses have witnessed how both in-person operations and remote work practices can offer unique value to their processes and procedures, hybrid work has become a more popular approach. This has in turn led to many businesses reconsidering how their business’ space is utilized…and even how much they need.