Wednesday, January 11, 2017

SMALL BUSINESS RESOLUTIONS TO KEEP IN 2017


Good business advice is important to help entrepreneurs stay focused and thrive. Carbonite's Norman Guadagno recently shared six New Year's resolutions that will help your business stay strong, relevant and competitive in 2017.

These three especially resonate:

Fight ransomware by backing up your data

A recent Ponemon Institute survey of 618 IT workers at small businesses revealed that about half had been hit with ransomware, and half of those victims were forced to pay the ransom — many times because they didn’t have a clean backup copy of their relevant customer data or business files. This year, resolve to invest in a cloud backup solution because that’s the only way to be certain you’ll get your data back if the business falls victim to ransomware or any other type of disaster.

Three words: Specialize, specialize, specialize

Face it: There’s a lot of competition out there — a lot of noise in the marketplace. A great way to stand out from the pack is to stop trying to serve everyone’s needs and instead focus on the key areas where your business truly shines.

Get on top of your financial situation and stay there
Resolve to spend more time digging into the minutia of your business’s finances because you may be surprised at how many opportunities you find to slash costs, increase efficiency and grow profit margins. Choose one area to focus on each month and you’ll be very happy with the results.


Read his full article here and follow him on Twitter @ThinkTone.

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