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...
... Read more
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...
... Read more
Sometimes your largest customers aren’t always your best customers. While your largest customers may be paying yours bills and then some, they may also be hurting your margins. Look carefully at what your customers are costing you. An MSP typically has a couple of large accounts. Combined, these customers...
... Read more
We’ve always stressed the importance of Service Delivery areas communicating with one another. While each area has its own responsibilities, in order for you to service your customersefficiently and effectively, everyone needs to be in sync. We’ve seen the importance of this during the coronavirus crisis and learned many lessons as a result. Throughout the...
... Read more
2020 was a rough year for everybody, but despite its many challenges, TruMethods members have weathered the storm. They’ve learned to adapt, and they’re now better businesspeople because of it. There are a few reasons why TruMethods members are better off today than their peers: They’re involved in peer...
... Read more
Building a solid technology portfolio is essential for a successful MSP, but having a good lineup of products and services is just one part of fortifying client relationships, attracting new business and remaining competitive. MSPs have to establish a unique position in a crowded marketplace, and communicating their value...
... Read more
By now, you’ve read all about Russia’s hack on the U.S. It’s a huge deal for a variety of reasons, many of which are technical in nature, but while the technical details of Russia’s latest cyberattack are important, the hack itself should be a reminder to MSPs everywhere: assume...
... Read more
With myITemplates, instead of having to manually add standards, MSPs can select standards templates from the standards library in our myITprocess software. In one of our recent member meetings, we mentioned a large list of templates available in myITprocess by the end of 2020 through the myITemplates repository. The list...
... Read more
Creating templates from scratch is definitely hard work. First, you have to find the source material and ensure it is accurate. Next, you have to try and find a copy that is easy to transfer to myITprocess (TruMethods’ software framework built specifically for vCIOs). Finally, you have to perform...
... Read more
When I ask MSPs to share their business goals, they often reply with their revenue or sales goals. “We’re at two million today, but we want to hit 2.8 million in two years,” they say. When I ask individuals about their financial goals, they often share their income goals....
... Read more
