Spending money to make money is a fine line for any company to walk. Add in the stress of a growing business where investments can feel like they’ll make or break your success and it can be like walking a tightrope.
For smaller firms in fast-growth years, investing in new technology is not an easy choice but necessary to reach their full potential. Professional services firms see an average of 11% increase year-over-year, and according to Spiceworks’ State of IT Report, 57% of smaller companies surveyed cited their reason Read More
Going off budget happens. Roadblocks come up and can throw a whole project off course. Since most things don’t go perfectly according to plan, you an account for this by slightly padding your budgets.
What you do want to avoid, and what is in your staff’s control, is messy time tracking that leads to budgets going array due to lack of insight. In this blog post, we’ll outline five key tips to improve your firm’s time-tracking process that will tighten up your budget estimates, leading to more profitable projects.