That’s Why You Need a Biz-Tech Wingman
Threats, scams, broken promises, and late delivery can stack up. According to McAfee & StrongDM, Cybersecurity and Ai threats are the leading concerns in 2024 & beyond. With ~61% of small businesses targeted by cyberattacks, decision makers are often left with anxiety. As a result, more than half of these businesses suffer financial losses, sometimes exceeding ~$10,000 per incident.
Tech Implementation is another risk area as small businesses often struggle with integrating new technologies & tools efficiently. KPIs like cash flow management, vendor management, P&L management and customer acquisition costs reveal that many are not maximizing the tools available, further complicating growth. This leaves open questions, such as: Is this product or service affordable at this price? Can I trust the tech vendor? Should I buy this tool? How impactful is this software? Can these services even help me grow my business?
KPI is a quantifiable metric that measures a company’s performance over time.
P&L Statement shows a company’s financial performance over a set period of time.
These threats and inefficiencies are increasingly common across businesses of all sizes. Companies with fewer than 50 employees and annual revenues between $500,000 and $10 million are particularly vulnerable. My research with SecureWorld, StrongDM and a few other notable sources, indicates that 47% of small businesses struggle with limited cybersecurity budgets and a lack of in-house expertise, leaving them exposed. In 2024, retail, healthcare, and professional services have emerged as the most at-risk industries. Despite implementing solutions such as multi-factor authentication (MFA), cloud security tools, and insurance policies, many of these businesses remain exposed. Attackers exploit human errors, poorly secured endpoints, and gaps in existing security protocols to infiltrate systems.
Multi-Factor Authentication (MFA) is a security measure that requires users to provide more than just a password to access an account or application
It’s crucial to position yourself with a reliable technology wingman to proactively support you through technology complexities and contingency plans.
We have your back!!!
Every Tech Decision is Crucial to Your Business Success
What’s Holding You Back from Having a Trusted Business Technology Advisor as a Partner?
Wing – A section or department within an organization (e.g., the east wing of a building, technology group).
Wingman – A supportive transparent partner regardless of gender, someone who assists, guide and stands by you as your partner.
In a world where making the right decisions is a constant struggle, the evolution of technology; especially with Ai; is moving fast. The ability to quickly understand and implement technology solutions that can help you manage and grow your business is critical. That’s where Technology Wing Management comes in.
We focus on 2 Wings
- Achievement Facilitation
- Tech Wing Management Advisory
Achievement Facilitation – is a personalized, goal-oriented partnership where a coach helps you stay committed to achieving your objectives. Through regular check-ins and support, the coach ensures you follow through on your plans, providing guidance, feedback, and motivation to keep you on track and accountable for your progress. (Starting with Individuals)
Tech Wing Management Advisory – is a dedicated advisory & consulting service that guides you through the fast-moving world of technology. It provides personalized, transparent advice to help you make informed decisions, ensuring you implement the right tech solutions to optimize and grow your business.
Reports from Sophos, Huntress, the FBI’s Internet Crime Complaint Center (IC3), SecureWorld, Identity Theft Resource Center, NinjaOne, Cybersecurity News, and GlobeNewswire reveal several scary trends impacting small businesses in 2023-2024 as mentioned above. These sources indicate that while ransomware and BEC attacks remain dominant, emerging tactics such as AI-powered phishing and social engineering have further increased risks, especially as remote work remains common.
So let us be your Wingman, at Tech Wing Management.
Biz-Tech Wingman – A trusted business technology advisor is your go-to partner for all things tech. Offering clear, unbiased guidance, they ensure you make the best technology decisions for your needs. With transparency and trust at the core, your Biz-Tech Wingman helps you navigate complex tech landscapes with confidence, knowing you’re backed by reliable Technology Wing Management expertise. If we encounter unknowns, know that we will research, assess and provide valuable insights towards the next steps