Ferrum Technology Services Blog

Running a small business often involves big dreams of rapid growth and immediate success. However, keeping expectations realistic is essential to achieving steady progress. In today’s blog, we’ll explore how managers and entrepreneurs can set achievable goals and maintain balance in their businesses.

Business is not always a good time. There are times when things are going well, and then one problem pops up that leads to other problems, opening what seems to be an endless cycle of issues that you need to deal with. Some of these problems seem like they are catastrophic. While it may seem impossible, keeping a positive frame of mind can make all the difference when facing a river of problems. Today, we’ll go through a few things you can do to keep a positive frame of mind when things seem to be falling apart right in front of you.

Technology has empowered us to achieve more than ever, but with that progress comes increased expectations for everyone. This means greater productivity, and the pressure to perform can be relentless at times, making it crucial to find efficient ways to manage our tasks. Unfortunately, there is a natural limit to how much we can accomplish, and certain challenges can push us to that limit faster. Today, we want to explore two of the most common productivity pitfalls.

Every organization relies on its IT to be operational and available. Some businesses cannot function at all without it. However, issues can arise if employees need access to it when it comes time to patch software or perform other maintenance. This month, we’ll explore the strategy behind proactive IT maintenance and how it helps businesses avoid downtime in various ways.

Productivity. To business owners, it can be a mantra. You can judge the success of your organization by productivity, as it often translates directly to profits. You’ll notice a lack of productivity in your operations, and potentially even your pocketbooks, so it’s incredibly important to know whether your business is being productive or not.

Numerous workplace trends have emerged in the past few years, many of which employers are not fond of. “Quiet quitting” is an example of such a trend, where workers will do the bare minimum—nothing more—to retain their employment. More recently, the trend has been to “act your wage.”

Let’s look at what this means and how to handle it if you ever encounter it in your business.

For the modern business, keeping processes efficient is a key contributor to maintaining productivity. By doing your best to eliminate inefficiencies small businesses can remain competitive and profitable. One effective strategy is to streamline processes through automation.

AI has infiltrated the zeitgeist in a way that few technologies have. It’s rare to hear about anyone who has no opinion on how it should or should not be used. Businesses, however, can take full advantage of the situation and capitalize on the use of AI in operations and products. Today, we want to explore the opportunity businesses have to use AI to add value to their offerings.

Internet speeds have been increasing over the past few years as more people do more online. This enhancement in speed brings several benefits to businesses of all types. Let’s look at five benefits businesses can take advantage of with higher Internet speeds. 

For modern businesses, data is king. It's the driving force behind decision-making, strategic planning, and competitive advantage. Enter business analytics.

This powerful tool transforms raw data into meaningful insights, but how can you use small business analytics for yourself?

Being a part of the workforce today comes with its share of challenges. Various stressors, both related to work and outside of it, can significantly affect an employee's performance. Therefore, it's crucial for companies to prioritize their team's well-being, and one effective approach is by embracing and promoting the use of technology to make workers’ tasks easier to manage.

You’ll go through various high and low points when you're running your business. That’s just part of the game; the unpredictability comes with running a business. You might lose confidence in your operations and wonder if you’re making the right calls—particularly with business technology. Thankfully, there are ways you can use technology that take a lot of the guesswork out of what the future holds for your business.

There are many ways to increase your team's productivity, but one of the less obvious ones is to consider an alternative work week. Specifically, the idea in question is the four-day workweek, which advocates argue could potentially increase productivity by virtue of working less.

Establishing and nurturing positive customer relationships stands as important for any business. A vital tool in achieving this goal is the implementation of a customer relationship management (CRM) platform. While many CRMs share common features, some offer more advanced capabilities at a higher cost. This month, we will explore the suitable CRM options for businesses at different levels.

Enhancing collaboration is pivotal for the success of many businesses, and leveraging technology can exponentially improve collaborative outcomes. The challenge lies in identifying the most suitable collaboration tools for your organization’s specific needs. In this month’s newsletter, we will explore two categories of software that can enhance your organizational collaboration.

With many compliance and regulation laws existing in today’s business world, it’s no small wonder that ethical dilemmas surrounding business technology are more common than you might expect. Let’s go over five of the more controversial uses of technology so you can avoid facing them during the course of your operations.

Downtime in a business context can be considered a "business predator" because it can have detrimental effects on a company's operations, profitability, and overall success. Downtime refers to the period during which a business' critical systems, processes, or equipment are not functioning as intended. Here are some reasons why downtime is often seen as a threat to businesses.

Financial Impact

Downtime can result in significant financial losses. When key revenue-generating systems or production processes are unavailable, businesses may lose sales, incur extra expenses, or face penalties for failing to meet contractual obligations. Downtime can also prevent a business from pursuing new opportunities or responding to market changes. In a rapidly evolving market, missing out on opportunities can have long-term consequences, and can be the difference between business growth and stagnation.

Operational Impact

Downtime leads to decreased productivity as employees cannot perform their tasks efficiently. This results in wasted time, missed deadlines, and a drop in overall output. In cases where downtime is due to data loss or system failures, it can result in the loss of critical information, which can be difficult or impossible to recover. This can have severe consequences for businesses, especially when it comes to sensitive or irreplaceable data. Frequent downtime can demoralize employees who must deal with the frustration and stress of interrupted work. Low morale can lead to higher turnover rates and decreased employee engagement.

Customer Impact

Prolonged or frequent downtime can do significant damage to a company's reputation. Customers and partners may perceive the business as unreliable, which can be challenging to overcome. Also, these unfortunate companies may find it challenging to compete effectively in markets with companies that show better reliability.

If you struggle with downtime, you can do better. If you don’t, you need to ensure that continues. The IT professionals at Ferrum Technology Services can help. We can introduce you to technologies and strategies that are designed specifically to reduce downtime and improve operational efficiency. Get a professional perspective by calling (847) 697-3282 today.

Smartphones are incredible productivity tools that anyone can take advantage of for personal computing or business purposes. Thanks to the large amount of mobile applications available, there are countless ways that people can reimagine various aspects of their lives for the better. To help you out, we’ve put together four of our favorite smartphone tips that you might find useful.

Microsoft and Google offer work profile systems that can help you keep your personal life and professional life on the same mobile device, albeit separate. These are often found with enterprise settings that allow for greater security and control over how employees use their devices for work duties. Let’s look at how the work profiles function for Microsoft and Google.

You and your employees are likely exhausted from dealing with technology day in and day out. Even if it is what allows businesses to flourish, you still might want some time away from it from time to time. When it feels like too much, know that a digital detox can be a valid way of temporarily moving away from technology—even in the workplace.