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Building Effective Service Bundles

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MSP customers have more than one IT need. So why would you sell a client just one service? Since you already have a relationship, it makes sense to broaden it with more services and higher level consulting and advising.

The good news is that SMBs prefer bundled services – it’s that whole “one neck to choke.” Research from AMI-Partners shows SMBs are 3-4 times more likely to opt for service bundles.

Meanwhile results from the annual Kaseya MSP Pricing Survey shows that bundling is a key approach to success and that faster growing MSPs bundle their services. At the same time, they don’t go overboard with options, but instead limit their offerings to a small number of tiered service bundles. Continue Reading…

Finding and Keeping the Best Employees

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Managed services providers (MSPs) tend to be relatively small organizations, which makes each and every hire absolutely critical. At the same time, teamwork among such a small and hard-working staff is key, so your employees must be both technical and able to get along well with others – coworkers and customers alike.

Complicating this further is that, being relatively small, most MSPs don’t have dedicated HR staffs and aren’t trained in the ins and outs of hiring.

Whether you are a fast-growing outfit or just experiencing normal turnover, you probably have a job or two open at any given time.

So let’s get to hiring! Continue Reading…

CompTIA Tells MSPs Where the Growth Lies

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CompTIA knows a thing or two about MSPs. As a channel advocacy group, it talks to service providers every day, counts hundreds as members, and does regular surveys.

That’s why Kaseya was so pleased to have CompTIA board of director member Tracy Pound speak at our recent Kaseya Connect Europe event. Pound is also managing director for Maximity Ltd., an IT training firm.

In a workshop session “CompTIA MSP Trends and Insights: Growth Opportunities”, Pound shared highlights of what the organization has learned by working so closely with providers. Pound had one area of focus that stood out — how to achieve healthy growth in large part by embracing the cloud. Continue Reading…

Remote Access Work Systems Cut Business Costs

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In these competitive times, businesses have to do what they can to trim the fat and cut costs. This is often an unpleasant process. Cutting costs can mean laying off employees, reducing benefits packages, or moving to smaller or less appealing offices. All too often, reducing business expenses means getting rid of the things that make employees happy and productive. For that reason, cuts can hurt a business more than help.

But that doesn’t have to be the case. Some cost cutting solutions save businesses money without reducing employee numbers or worker satisfaction. In fact, what I’m talking about can boost worker happiness and productivity! Continue Reading…

The Cloud Is Way More Secure Than You Might Think

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Let’s settle this old argument once and for all. With a good provider, and properly set up, the cloud is more secure than most on-premises infrastructure.

Does that still sound a wee bit equivocal? It has to be. Large enterprises, particularly in industries such as finance, can build superbly secure private infrastructure—they have to and can afford to do it right. Not all companies are gifted with these kinds of budgets, however; nor are  they able to attain such a high level of protection. Continue Reading…

MSP Business Planning for Business Growth

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There are three cornerstones to any kind of successful business – building a business plan, executing on that plan, and measuring your results. Oh, I forgot. You also have to be able to change course mid-stream, even in some fundamental ways.

In this piece we’ll assume your MSP business is up and running, so business planning isn’t so much about creating a new business as it is expanding one.

Before we get started, let’s start with a bold statement. The biggest mistake too many MSPS make?

They don’t have a business plan. Continue Reading…

Making the Right Business Call on PSA Pricing

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Among the many MSP solutions, there are two core types that really stand out. The RMM is the center of much of the MSP universe – and a key revenue-producing engine. A PSA is likewise a key, but unlike the RMM, does not produce revenue directly. It does however improve your business and customer relations and can drive efficiency. That said, you don’t want to spend too much on your PSA, nor do you want to sacrifice features and quality just for the sake of affordability.

Many of the major vendors that serve the MSP market have PSA solutions. Recently Clarity Channel Advisors, an independent consulting firm focused on MSPs and cloud service providers (CSPs) analyzed the pricing models of the leading PSAs. Continue Reading…

Formulating the Right High-Level Strategy

Remember the old saying “you won’t ever get there unless you know where you’re going”? This is true for MSPs attempting to craft a high-level strategy.

Many times MSPs focus on short-term financial and business planning, which are often done in quarterly and annual increments, rather than taking the time to create a longer-term strategy.  Having a higher-level view of where you want your business to go often makes the shorter-term decisions easier.  Knowing your destination greatly increases the chances that you will end up where you want to be.

This section will outline critical elements of a high-level strategy, including:
Continue Reading…

PSAs and Strategic Growth for MSPs: Top 5 Myths Debunked

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Many new MSPs start their business with an accounting product, a calendaring tool and a prayer, but they soon realize that they can do more – much more – in terms of managing the health of their business with a solution that gives them control over and visibility into their entire business process from prospect to invoice.

Unfortunately, many MSPs feel that once they select their PSA tool that they are then locked in with that selection for all eternity.  But like any technology decision made 5, 10, or even 15 years ago, it should be routinely re-visited in light of developments in technology, your business needs, and the MSP market dynamics as a whole. Continue Reading…

IT Operations Survey Shows Improvement for SMBs

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IT is a tough job no matter where you work. It is especially tough in SMBs which don’t have the staggering budgets and massive and highly specialized staffs of their larger enterprise brethren.

SMB IT pros end up wearing so many hats they can barely walk through the door.

Fortunately, these IT professionals are getting better all the time at their jobs; have better and better tools to manage resources; and often have Continue Reading…

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