Uncertain economic times, inflation, and the possibility of recession is causing most companies to look for ways to save money. Before you make drastic changes to your company, have you considered getting outside advice about how your company’s tech stack could be optimized to save you time and money? We know the question is stressful, and you will likely respond in one of three ways:
Let’s get the money issue out of the way first. Besides the benefit of tech upgrades saving your company money in the long run, did you know that the government of Canada is actively helping small to medium-sized businesses boost their technology? Through the Canada Digital Adoption Plan, you can apply for a grant of up to 15,000 dollars to form a custom plan to streamline your company’s tech stack. Some of this money can be used to hire approved digital advisors to help audit your current tech stack and make a plan to streamline and improve it. There are so many low-cost tools, apps, and processes available for small-to-medium businesses that can save your company money that it's a mistake not to find ways to optimize your technology. You can read more about how we can help you as Digital Advisor here.
Most of the time, small-to-medium businesses neglect to upgrade their technology and software because they don't have the internal resources to decide what is the best option. It's normal to be frozen by analysis paralysis. For this reason, your company’s technology may be suffering from neglect, and although your current tech stack might currently work, it's probably painful for your employees to use and likely costs your company many lost hours of productivity. “If it ain't broke, don't fix it!” is a poor strategy when modern technological solutions help save time and energy for your employees. For this reason, hiring a digital advisor to point you in the right direction might be a way to break through neglect and indecision.
We know that trusting outsiders with our technology feels risky. How can I trust a digital advisor I find on the internet? After all, giving access to outsiders for my company's tech feels like opening a back door I should keep closed. This is understandable and is exactly why the government of Canada requires all companies who want to serve as Digital Advisors to apply for this role and be approved as digital advisors. This application process filters out scam artists and highlights reputable tech companies. StayShure has been approved to serve as a digital advisor, and we believe we can help companies optimize their tech in ways that will save them money and recession-proof their tech stack.
During difficult economic times, optimizing your tech is a guaranteed way to squeeze margin and profit out of your business. Hopefully, this blog article has persuaded you that it is a great idea to put money and time into your tech stack; it can pay its own dividends. You can click here for a free discovery call to discuss you unique business scenario; we're happy to help! All digital advisor clients with StayShure in 2023 receive 3 months free credit towards our Growth Fractional CTO Plan.
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