We always say that time moves quickly, and it does — it’s already Q2 2022. Notice how I noted the quarter, not the month? A quarterly mindset is important in business. You should look at your business in four 13-week quarters. When you think about the business planning process,...
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Preparing for Tax Day isn’t only a Q1 activity for World-Class MSPs. For them, it’s practically an all-year event. But unlike them, many MSPs procrastinate filing their taxes, and that’s where they can get themselves into a world of trouble. MSPs aren’t the only ones who put off doing...
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No matter what business you’re in, you should have an attorney review your contracts. If you don’t, one small mistake could cost you millions of dollars, which, more than likely, would put you out of business. But if you don’t have an attorney, what should you look for in...
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Every TruMethods member knows by now the importance of their Technology Success Process. Completing Technology Alignment visits (virtually or in person) and having vCIO meetings is the core of what we teach to make sure our operations run smoothly and we provide the most value possible. But there are...
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On top of everything else MSPs need to worry about in2021, tax season is right around the corner.There’s been a lot of confusion over taxes this year, especially if you received a PPP loan last year. I spoke briefly with Peter Briden,TruMethods Peer Group Leader, about what MSPs should prepare when meeting with an accountant, the tax...
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Calling 2020 a challenging year would be an understatement. The COVID-19 pandemic forced MSPs to reconsider how they were doing business. While many survived, others didn’t. What’s important is that the ones who did, learn from their mistakes. Throughout the coronavirus crisis, we at TruMethods held webinars, delivered content and provided other resources to ensure that the bulk...
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If we are not making someone else’s life better, are we really doing our best? Our President, Gary Pica would say the answer to that question is no. What does giving back really mean in the TruMethods way? There are a few facets to the concept we encourage members...
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While it’s important for all roles in an MSP to communicate well with each other, the Technology Alignment Manager (TAM) and Virtual Chief Information Officer (vCIO) need to have very clear communication. They should be having meetings at regular intervals to discuss the Technology Success process regarding their shared...
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As I’ve mentioned before, the next MSP evolution is Technology Success. Just being an MSP isn’t a competitive advantage in today’s marketplace. The MSP market has matured and reached a saturation point. To survive, you must — since you and your competitors are probably using the same technologies and...
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I think we can all agree that the COVID-19 pandemic has presented MSPs with a range of new business opportunities, particularly in the cybersecurity space. Instead of trying to have conversations with prospects about why implementing enhanced security measures is essential, why not have candid discussions with business leaders...
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