3 Strategical Secrets for Competing with Large Corporations

Being a small to medium-sized business is a challenging area, especially given the circumstances of the past 12 months. Income and resources aren’t always at maximum capacity, the future can be uncertain and you don’t have the financial or political backing that a corporation does.

But that doesn’t mean you can’t give them a run for their money. What you may not know is that large companies don’t do everything themselves which is one of the main reasons that they are able to run so efficiently.

Some of the most effective things that corporations engage in are:

  • Business consultancy
  • Proper outsourcing
  • Managed IT services

There are professional consultants for just about every type of business and these skilled professionals can streamline yours while outsourcing is one the most effective management tools available and managed IT services will cost-effectively maintain your network infrastructure and online security.

Get Your Business Streamlined

Even the most successful businesses require consultancy from time to time and yours is no different. Business consultants are able to analyze and assess all aspects of your company and provide effective solutions to any identified problem areas such as management, employee retention, and even digital marketing campaigns.

Often, large corporations are able to stamp on smaller competitors because of larger budgets and specialized staff, but services like Yodu are able to improve your business by making it a truly 21st-century venture with improvements to such things as SEO, digital marketing, social media campaigns, digital automation and industry standard programs such as Microsoft Office.

Don’t Be Afraid to Hire Some Help

You might have some trained employees using such things as telephone systems, performing administration work, and managing accounts, but employing your own staff to do these tasks can become very expensive as your company grows. You may be surprised to learn that almost 70% of jobs are outsourced in the US alone which is how large companies are able to keep their costs down.

Installing a fully working PSTN phone system and then hiring trained and qualified staff to operate it would be extremely expensive, however, specialized outsourced call centers can be used for a relatively small monthly fee, cutting expenses down to a minimum. This is one example but there are outsourced jobs for almost every industry including content writing for websites, shipping clerks, and even food preparation for established restaurants.

Leave IT to the Professionals

A form of outsourcing that is now becoming almost standard across most industries is that of managed IT services. Almost every business now has some form of IT infrastructure and if they don’t, they soon will, as the modern world demands it.

Managed IT is one of the most cost-effective strategies that you could adopt as it saves both time and money as well as passing on serious responsibilities to a third party that knows how to handle them. Such responsibilities include network installation and management, cybersecurity and cloud-based services as well as hardware as a service, a popular branch of managed IT. 

Installing and maintaining a network yourself could cost hundreds of thousands per year while equipment is one of the biggest expenses you can face. Cybersecurity will protect against malicious intrusion preventing you from becoming one of the hundreds of thousands of small businesses per year that is attacked, and all for under $100 per month in most cases. Many of these companies provide tiered packages but will actively maintain everything to do with your IT strategy.

  • DISCLOSURE – This post has been written by an outside source

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