It goes without saying that as an entrepreneur, you’re going to learn some lessons about running a business the hard way. Although there are some things that a new business owner cannot control, there are costly mistakes that can be avoided with simple preparation. As you can imagine, in this technologically charged world, some of the most common mistakes made in startups have to do with technology.
The problem for most small business owners is that they lack the budget necessary to invest in the technology needed to operate their business. Many also don’t have the necessary skills and experience required to manage IT related tasks, which ultimately costs them big. Seeing as how businesses are designed to make money and not lose it, check out these common tech mistakes so that you can avoid them at all costs.
1. Basic IT Security
Most entrepreneurs are aware of basic IT security solutions like installing virus protection and using a flash drive or the cloud for backing up files, but is this enough to safeguard your company data? Although virus protection, cloud storage, and flash drives can all be great ways to protect sensitive information and ward off hackers, as technology evolves, the need for enhanced security should be a top priority.
What happens if a mobile phone or tablet is damaged and you need to retrieve data from it? Should an employee become disgruntled and delete files, would you know how to get those files back? Outside of antivirus software, malware protection, and a firewall it is imperative to consider IT solutions like a data recovery service. Should sensitive company data become destroyed, lost, or stolen you need to be able to recover the data quickly to resolve the matter.
2. Running a Business on Basic Equipment
While you may be able to work from a home computer with a residential internet network as an entrepreneur just starting out, as your business grows you need to upgrade your equipment. For instance, a 100-foot range wireless router may work well in the home, but if you have several employees in an office setting, the quality of the network decreases resulting in a lot of downtime. Likewise, using basic home computers and laptops with minimal storage and process speeds can be fine at first, however, as you invest in new software, download new systems, and store new files, the size of your PC or laptop may not accommodate your business needs.
It is ideal to invest in IT products and equipment that are designed for business use. Although a bit more to invest in initially, it has the capability to scale as your business grows. Upgrading your business technology also prevents the issue of downtime and slowed productivity, saving you money.
3. Being Cheap
Tight budgets often push entrepreneurs into a tight corner, and unfortunately, IT is often one of the first areas to suffer. Many new business owners look to free, cheap, and basic forms of technological solutions to try and cut corners. It may save money initially, however, in the long run it can cost you your business. Using cheap, inefficient, or outdated forms of tech leaves you years behind your competition, not to mention it slows productivity. Rather than looking for the cheapest or free option to save money, it is best to purchase technological solutions based on business function and necessity.
4. Forgetting Training
When you invest money in new software or hardware it is imperative to not only train yourself, but your staff as well. Of all the IT security mistakes startups make, failure to train staff has to be at the top of the list. Most assume that they can wing it or allow a learning curve, but one big mistake could cost you big. Running your business by trial and error is probably not the best idea. One wrong push of a button, an incorrect entry, or improper use of technology could lead to costly repercussions including but not limited to loss of company data, employee security breaches, lots of downtime, inefficient processes, and more.
Take the time to invest in employee training with new software whether that means allowing them to watch a how-to video, hiring an expert to train the staff, or printing out instructions and having your in-house IT staff train the rest of your employees.
Don’t make these tech mistakes when starting your business. As you can see, they can really cost you big time. Instead, look for solutions that will first help to enhance your business and then consider costs. If you need significant help with your IT solutions contact an expert for tech support and advice.