Understanding how your business is spending money is essential if you want to be able to save money. In our previous blog post, we discussed how important it is to review both OPEX and CAPEX costs. Now we will go over the importance of reviewing discretionary and non-discretionary costs. Both discretionary and non-discretionary costs are
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When it comes to saving money, it is important that you focus your attention on the right areas. Last time, we spoke about how taking a holistic approach, covering both operational and capital expenditures were essential to making sure your business is efficiently saving money. However, at times, it can be difficult to decide where
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Hammett Technologies is quite familiar when it comes to uncovering hidden fees and costs in contracts with third parties. We have, on multiple occasions, been brought in to assist a company whose IT department was failing them, leading us to discover that their previous IT department was poorly managing their security, hardware, and software. Therefore,
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Hammett Technologies understands how important it is for businesses to save money, especially during a global pandemic. Remember that when it comes to cutting costs, it is vital to remove expenses that will not only permanently bring down the company expenses, but also ensure money is being saved. Hammett Technologies hopes to be able to,
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As we have stated multiple times before, when it comes to saving money, it is important to look over all expenditures. This “review of business expenses” should include both variable and fixed costs. We understand that it can be difficult to determine which expenses should be cut, especially when it comes to cutting fixed costs.
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As an MSP, Hammett Technologies understands how important it is to save money without degrading the quality of service. However, when it comes to saving money, businesses often aim to “freeze” current subscriptions for a short while, going without services for a short time in order to save money. What is often overlooked is that
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