• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Technical Support: 703-288-7230
  • Call: +1-866-531-1990
  • Contact Us
  • Blog
cropped-Nortec-logo-1.png

Nortec Communications

IT Services & Solutions

Menu
  • Cloud
    • Explore the Cloud
    • Why Nortec?
    • Cloud Consulting Services
    • Modern Workplace Solutions Provider
  • Cloud
      • Explore the Cloud

        The Cloud Experts

      • Why Nortec?
      • Cloud Consulting Services
      • Work With a Microsoft Managed Modern Workplace Provider
        • Managed Cloud Services
          • Managed Cloud Services
          • Microsoft 365 Business
          • Managed Microsoft Teams
          • Data Center Services & Management
          • Data Backup and Disaster Recovery
        • Remote Workforce Solutions
          • Communications and Collaboration
          • Cloud Administration
          • Desktop Management
          • Remote Worker Cybersecurity
        • Cloud Cybersecurity
          • Mobile Device Management
          • Identity Management
          • Threat Protection
          • Cybersecurity Training
        • Cloud Infrastructure
          • Azure Partner
          • Data Center Services & Management
          • Hybrid Cloud Computing
        • Solutions
          • On-premise Mitel
          • Microsoft 365
          • Teams
          • Azure
          • Microsoft Licensing
        • Resources
          • Ebooks
          • Cloud Cost Calculator
          • Checklists
          • Case Studies
          • Consultation
          • Blog
  • Services
    • Managed Services
    • Managed IT Services
    • Cybersecurity Services
      • Identity Management
      • Cybersecurity Awareness Training
      • MDM Solutions
      • Managed EDR
      • Cybersecurity Consultant
    • Phone Systems
      • Cloud Phones
      • Microsoft Teams
      • Managed Microsoft Teams
      • On-premise Mitel
      • Mitel Support
    • Work With a Microsoft Managed Modern Workplace Provider
      • Microsoft Teams
      • Azure Partner
      • MDM Software
      • Microsoft 365
      • Microsoft Windows 10
      • Microsoft Licensing
    • Network Architecture
  • Resources
    • Blog
    • Checklists
    • Videos
    • Infographics
    • Ebooks
    • Case Studies
    • News
    • Cybersecurity Tips
  • About Nortec
    • Our Methodology
    • Core Values
    • Leadership
    • Nortec Partner Page
  • Support
  • Contact
  • Book A Consultation

Primary Sidebar

Subscribe to our blog

 

Recent Posts

  • Why It’s Time to Move to VoIP Phone Systems Provided by Microsoft Teams
  • Make the Most of Your Office 365 Licensing With Microsoft Copilot
  • Gregory W. Smith: Shaping the IT Landscape at Nortec Communications
  • George Hammerschmidt: Driving Strategic Growth at Nortec Communications
  • What Are Managed IT Services? Should You Use One?

Refining Business Model

Nortec is now in our 20th year and it looks like it will be a good one. I am afraid to get overly optimistic with the economy and markets just recently improving. Many companies are showing good results and have used the difficult times to make the hard decisions on how to run a leaner business. Business leaders are not in a rush to add non-revenue producing overhead. The result is businesses are creating a more successful business model!

A successful business model is the silver bullet! Ok, it is not a silver bullet; I just wanted to say that! A successful business model is one of the key success criteria and something that business leaders need to continually analyze to try and find ways to improve. Otherwise, you could end up with “bullet ridden body syndrome” – essentially a business with so many holes, there is no hope. If the business model is broken it does not matter how much business you bring in and how great of work you perform you will just create more of the same problem and this is usually in the form of losses.

I used to think that scaling a low profit or break even business model would get the economies of scale and then somehow the business would go through metamorphoses with the result of a thriving well established business at the other end! This is the model that you sometimes see venture capital drive businesses toward. In some ways it makes sense, as you need a minimal size otherwise profit is not material. If you can pull this little maneuver off great! The challenge is that driving profit in a larger organization is not really any easier and may even be harder. Figuring this out and driving a profitable business in every stage ensures that the discipline needed is in place and the model works. Then the questions become: 1. Will the business model scale? 2. Will the business grow?

Footer

nortec logo white

Serving the Atlantic Region from FL to PA

Washington, D.C.

7531 Leesburg Pike, Suite 300, Falls Church, VA 22043

Pittsburgh

102 Broadway Street, Suite #410, Carnegie, PA 15106

Need Support?

703-288-7230 [email protected]

Copyright © 2023 Nortec Communications, Inc. All Rights Reserved.| Sitemap | Privacy Policy