What if the Economy does not recover for a long time?
Do you have a Plan B? Just in case the Economy does not recover for a long time.
I am not worried about large corporations like IBM, Microsoft, or GE. Whenever they experience financial pressure, they will simply lay off a few hundred employees to get back in the comfort zone. I am talking about small and medium businesses, whose survival depends on new business that comes from Tier-1 and Tier-2 companies. When larger corporations start scaling back their expenses and putting new projects on hold, smaller businesses are really the ones that feel the hit; after all, their very survival often depends on those new projects which larger corporations are so eagerly dropping.
There certainly is a very real chance that the economy might not recover for a long time. We are all watching the constant oscillation of the stock market every week. While the real estate market seems to be moving in a more positive direction, and unemployment figures seem to be declining (albeit at a slow pace), we still regularly hear about:
• Many companies going out of business
• Many people losing jobs
• Many families being forced into foreclosure
• Many businesses filing for bankruptcy
Are you prepared?
What will happen to your business if the economy does not recover for a long time? Going out of business should NEVER be the only option for any company. But then you have to have a Plan B.
Do you have a Plan B? If not, what can you do now?
• As small and medium business owners, you have to be more realistic, and more creative with your decisions. What is the right strategy for your business? Don't copy the decisions of larger corporations like IBM, Microsoft, GE etc. You are not in their league.
• No one will bail you out. You need to have a plan for saving your own business, feeding your family, and also helping your employees feed their families.
• Whether you have just one employee or one hundred, you shouldn't have to shut the doors of your business just because your revenue has declined and is now exceeded by your expenses. Your dilemma is what to do.
You know that your biggest and most important step is to find a way to reduce your expenses. Easier said than done.
This is where most small and medium businesses have trouble.
It has been ingrained in our minds that the only way to reduce expenses is to lay off some employees. We hear it every day, and we watch big corporations doing it. Unfortunately, it is often this action that traps our businesses in a vicious cycle, setting the stage for the eventual downfall of our companies.
Why? Because laying off employees reduces your ability to meet your clients' demands. You have to start juggling your employees to meet their deadlines and it's likely that your clients will notice this as having a negative effect on the quality and the timely completion of the work. As their bottom line and employee workflow start suffering because of this, they will threaten to cancel their contract with you (and some will follow through on it). This of course further reduces your revenue, resulting in even worse financial stability than before you decided to lay off some employees. Now, you are forced to lay off more employees because you cannot afford to pay their salaries. Unless you catch a break, you'll go through the same cycle again, moving your business closer to bankruptcy.
So how do we avoid this?
Cutting down expenses is important and critical for survival for most of us, especially when the world economy is crumbling. Yet, it is more critical to have enough resources to continue supporting your existing clients and to make sure that you don?t lose more clients than you have already lost. So, instead of just work force reduction as the only cost cutting measure, change your business strategy. DBA Web Technologies can help small businesses that need IT Services for their internal needs as well as to support their clients.
DBA Web Technologies offers an On-Demand IT Support Model to help small and medium size businesses who are going through the financial crisis due to downward spiral of the world economy which has seriously impacting practically every small and medium business in United States. In spite of financial crisis and lack of new sources of revenue, you still have to support your existing clients but it s becoming more and more difficult to hire full-time IT staff to keep up the ongoing demands from your current clients. But at the same time, you cannot afford to ignore current clients and provide a less than perfect IT support. The risk of losing current clients is too high and none of us can afford that risk.
If you do not have the financial resources to pay salaries to your IT Staff, Talk to us before you decide to lay them off. We will hire your IT staff and then reassign them to work with you at your site. You will maintain the continuity of work and your employees will not lose their jobs. If you need them only for limited number of hours per week, they will be directed to do so. You do not have to pay full salaries to them if you need them for fewer hours per week.
If you are a small to medium size business, you may not need a large team of full-time IT staff; but still you need on-going technical support to address day-to-day technology issues. And you definitely need a website to be effective and stay ahead of your competition in the global business markets, no matter which industry you are in and whether you have just one employee or one hundred. This is where; DBA Web Technologies, a fast growing IT Services Company can lend a helping hand to small and medium businesses of United States with their On-Demand IT Support Model. DBA Web Technologies, a Connecticut based global Information Technology Company has been providing IT Services to a number of small and medium size businesses as well as some prestigious multi-national companies.
Our On-Demand IT Support Model allows you to get the IT Support on an as needed basis only when you demand it, without the need of hiring full-time IT staff and paying high salaries with rocketing cost of insurance benefits.
FINANCIAL BENEFITS OF THE COST EFFECTIVE ON-DEMAND IT SUPPORT MODEL:
• Experienced IT Consultants On-Demand: You pay only for the hours worked by their consultants.
• Absolutely NO CONDITIONS to use minimum hours for using our IT Support Services.
• NO monthly or annual fee for any IT Services as charged by every IT Service Provider.
• No need to hire full-time senior IT experts and pay high salaries.
• No need to provide expensive insurance benefits as consultants are not on your payroll.
DBA Web Technologies feels very strongly about helping and saving small companies from total collapse. We have seen that when a company closes its doors, it destroys the fortunes for a number of families along with itself. Being a small and growing company, we understand the financial obstacles which small and medium businesses have to go through especially when the world economy takes a nosedive. While on one side, you are having difficulty hiring full time & permanent employees due to financial constraints, on the other side are the constantly growing pressures of meeting your client commitments with limited and sometimes over-worked IT staff. DBA Web Technologies has the expertise and resources to fill these gaps and help small & medium businesses to be successful by providing the following cost effective IT Services.
DBA Web Technologies offers the following specific IT Services:
• 24x7x365 IT Support - onsite and remote - Infrastructure and Databases support.
• Website designing, Logo designing, and Hosting Services for small and medium businesses.
• Hosting your infrastructure if you do not have the financial resources to buy expensive Servers.
• Turnkey Software Development Projects.
• Placement Services for Full Time and Permanent positions in all IT domains.
• IT Consultants on hourly basis for short-term and long projects in all IT domains.
• Onsite Interim CIO Services - Executive level IT Experts - CIO, CTO, VP of Technology.
• Local consultants in every state within United States available to work onsite at your location.
• Cost effective alternatives to set up, host, maintain and support IT infrastructures.
• Personal attention to every client with lighting fast response and customer service.
If you are a small or medium size business with limited needs for IT Services, please contact marketing department of DBA Web Technologies for more details on how we can help in providing IT Services on an as needed basis while keeping your costs reasonably low, thereby helping you survive when everything around you is crumbling.
There certainly is a very real chance that the economy might not recover for a long time. We are all watching the constant oscillation of the stock market every week. While the real estate market seems to be moving in a more positive direction, and unemployment figures seem to be declining (albeit at a slow pace), we still regularly hear about:
• Many companies going out of business
• Many people losing jobs
• Many families being forced into foreclosure
• Many businesses filing for bankruptcy
Are you prepared?
What will happen to your business if the economy does not recover for a long time? Going out of business should NEVER be the only option for any company. But then you have to have a Plan B.
Do you have a Plan B? If not, what can you do now?
• As small and medium business owners, you have to be more realistic, and more creative with your decisions. What is the right strategy for your business? Don't copy the decisions of larger corporations like IBM, Microsoft, GE etc. You are not in their league.
• No one will bail you out. You need to have a plan for saving your own business, feeding your family, and also helping your employees feed their families.
• Whether you have just one employee or one hundred, you shouldn't have to shut the doors of your business just because your revenue has declined and is now exceeded by your expenses. Your dilemma is what to do.
You know that your biggest and most important step is to find a way to reduce your expenses. Easier said than done.
This is where most small and medium businesses have trouble.
It has been ingrained in our minds that the only way to reduce expenses is to lay off some employees. We hear it every day, and we watch big corporations doing it. Unfortunately, it is often this action that traps our businesses in a vicious cycle, setting the stage for the eventual downfall of our companies.
Why? Because laying off employees reduces your ability to meet your clients' demands. You have to start juggling your employees to meet their deadlines and it's likely that your clients will notice this as having a negative effect on the quality and the timely completion of the work. As their bottom line and employee workflow start suffering because of this, they will threaten to cancel their contract with you (and some will follow through on it). This of course further reduces your revenue, resulting in even worse financial stability than before you decided to lay off some employees. Now, you are forced to lay off more employees because you cannot afford to pay their salaries. Unless you catch a break, you'll go through the same cycle again, moving your business closer to bankruptcy.
So how do we avoid this?
Cutting down expenses is important and critical for survival for most of us, especially when the world economy is crumbling. Yet, it is more critical to have enough resources to continue supporting your existing clients and to make sure that you don?t lose more clients than you have already lost. So, instead of just work force reduction as the only cost cutting measure, change your business strategy. DBA Web Technologies can help small businesses that need IT Services for their internal needs as well as to support their clients.
DBA Web Technologies offers an On-Demand IT Support Model to help small and medium size businesses who are going through the financial crisis due to downward spiral of the world economy which has seriously impacting practically every small and medium business in United States. In spite of financial crisis and lack of new sources of revenue, you still have to support your existing clients but it s becoming more and more difficult to hire full-time IT staff to keep up the ongoing demands from your current clients. But at the same time, you cannot afford to ignore current clients and provide a less than perfect IT support. The risk of losing current clients is too high and none of us can afford that risk.
If you do not have the financial resources to pay salaries to your IT Staff, Talk to us before you decide to lay them off. We will hire your IT staff and then reassign them to work with you at your site. You will maintain the continuity of work and your employees will not lose their jobs. If you need them only for limited number of hours per week, they will be directed to do so. You do not have to pay full salaries to them if you need them for fewer hours per week.
If you are a small to medium size business, you may not need a large team of full-time IT staff; but still you need on-going technical support to address day-to-day technology issues. And you definitely need a website to be effective and stay ahead of your competition in the global business markets, no matter which industry you are in and whether you have just one employee or one hundred. This is where; DBA Web Technologies, a fast growing IT Services Company can lend a helping hand to small and medium businesses of United States with their On-Demand IT Support Model. DBA Web Technologies, a Connecticut based global Information Technology Company has been providing IT Services to a number of small and medium size businesses as well as some prestigious multi-national companies.
Our On-Demand IT Support Model allows you to get the IT Support on an as needed basis only when you demand it, without the need of hiring full-time IT staff and paying high salaries with rocketing cost of insurance benefits.
FINANCIAL BENEFITS OF THE COST EFFECTIVE ON-DEMAND IT SUPPORT MODEL:
• Experienced IT Consultants On-Demand: You pay only for the hours worked by their consultants.
• Absolutely NO CONDITIONS to use minimum hours for using our IT Support Services.
• NO monthly or annual fee for any IT Services as charged by every IT Service Provider.
• No need to hire full-time senior IT experts and pay high salaries.
• No need to provide expensive insurance benefits as consultants are not on your payroll.
DBA Web Technologies feels very strongly about helping and saving small companies from total collapse. We have seen that when a company closes its doors, it destroys the fortunes for a number of families along with itself. Being a small and growing company, we understand the financial obstacles which small and medium businesses have to go through especially when the world economy takes a nosedive. While on one side, you are having difficulty hiring full time & permanent employees due to financial constraints, on the other side are the constantly growing pressures of meeting your client commitments with limited and sometimes over-worked IT staff. DBA Web Technologies has the expertise and resources to fill these gaps and help small & medium businesses to be successful by providing the following cost effective IT Services.
DBA Web Technologies offers the following specific IT Services:
• 24x7x365 IT Support - onsite and remote - Infrastructure and Databases support.
• Website designing, Logo designing, and Hosting Services for small and medium businesses.
• Hosting your infrastructure if you do not have the financial resources to buy expensive Servers.
• Turnkey Software Development Projects.
• Placement Services for Full Time and Permanent positions in all IT domains.
• IT Consultants on hourly basis for short-term and long projects in all IT domains.
• Onsite Interim CIO Services - Executive level IT Experts - CIO, CTO, VP of Technology.
• Local consultants in every state within United States available to work onsite at your location.
• Cost effective alternatives to set up, host, maintain and support IT infrastructures.
• Personal attention to every client with lighting fast response and customer service.
If you are a small or medium size business with limited needs for IT Services, please contact marketing department of DBA Web Technologies for more details on how we can help in providing IT Services on an as needed basis while keeping your costs reasonably low, thereby helping you survive when everything around you is crumbling.
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