{"id":17786,"date":"2021-12-07T08:03:56","date_gmt":"2021-12-07T08:03:56","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=17786"},"modified":"2022-04-10T11:00:35","modified_gmt":"2022-04-10T11:00:35","slug":"smaller-companies-can-thrive-despite-limited-resources","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/smaller-companies-can-thrive-despite-limited-resources\/","title":{"rendered":"5 Ways Smaller Companies Can Thrive Despite Limited Resources"},"content":{"rendered":"
<\/p>\n
Smaller companies often have to be more creative with their business strategies. It\u2019s the only way to function and thrive despite their limited size and resources.\u00a0<\/strong><\/p>\n Most entrepreneurs know what they\u2019re getting into here. The odds for small businesses looked very bleak<\/a> at the start of the year. However, SMEs were vulnerable even before the coronavirus and will likely continue to be so afterwards. There\u2019s very little room for mistakes or wasted time, pandemic or not.<\/p>\n Therefore, left-field solutions are particularly appealing here. If you\u2019re in a similar situation, then here are some of the ways you can help your company thrive despite having limited resources at your disposal.<\/p>\n Businesses often need network servers to store all their data. Many expenses can be incurred here, ranging from backup generators to cooling systems that keep everything functional.<\/p>\n Obviously, very few SMEs can afford to cover all of these costs. Most of them will use a colocation service instead, and you should do the same. This allows you to place the IT equipment you own into a facility or data centre run by a reliable service. If you’re based in Australia, Macquarie Data Centres offer colocation services in Sydney<\/a> which would be helpful to any SME looking for a budget friendly way to invest in their digital capabilities.<\/p>\n It\u2019s quite easy to find quality data centres in the UK. Companies like Virtus Data Centres<\/a> are exceedingly flexible with the colocation services they offer. They can meet any IT power or space requirements that your smaller business has. Moreover, should your SME start to grow, they\u2019ll also evolve their service alongside. Everything is tailored to your business at every turn.<\/p>\nUsing Data Centres<\/h2>\n
Hiring Alternatively<\/h2>\n