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The number of small businesses in every industry, from retail to healthcare and financial services to technology, is rapidly increasing.

However, regardless of the industry, most small businesses face similar challenges. Despite a lack of in-house IT resources and expertise, small business owners are often under pressure to ensure that their systems and networks are running smoothly. Further, with cashflow being the primary reason why most small businesses fail, business owners need to carefully monitor their budgets by cutting down on operational IT costs and investments. The best way for small businesses to overcome these issues is relatively simple: Managed IT Providers.

A managed service provider (MSP) is an IT services company that will remotely manage a customer's IT infrastructure and/or end-user systems, usually on a proactive basis and under a subscription-based “pay as you go” model. As technology experts, they can work closely with you to ensure that the customer’s technology and business goals are aligned. Apart from this, managed services can also help small companies address important issues that may not be directly related to IT.

For instance, most companies are looking to expand into new markets, and their sales and marketing efforts therefore need to be as effective as possible. However, this is not always possible when resources are divided among various  efforts such as expanding business avenues, using new technology effectively, budgeting for IT, and troubleshooting system outages. Since an MSP eliminates the need for companies to invest into in-house IT support, small companies can focus their resources on the most important thing – their core business. It also allows companies to use their time and money to grow into new markets, obtain new customers, and better serve their existing customers.