Previously we wrote about the benefit of a business having transparency over its operation and how technology plays a part in that. Technology helps you measure your key performance indicators or track the activity of your team – helping you understand detail such as the profit margin on a job.
Transparency also extends to your technology operation itself. A small business will invest 1 – 2½ per cent of its annual sales on technology, which is £2,500 on £100,000 sales and £25,000 on £1,000,000 sales.
This makes it especially important in smaller organisations where the management of technology is often outsourced to external organisations like Bespoke Computing Ltd. What value are you getting for your money? (more…)