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Insight Partnerships

In collaboration with insightful businesses, we strive to achieve an outstanding rate of return from your development dollars.

Our goal is to partner with discriminating clients who want the best quality solution with the highest value.

10 Steps to Successful Tech Investment

How can you make sure your purchase turns into a profitable investment? Follow these steps.

  1. Prepare a strategic plan for your business - include a vision for the future and an action plan for acheiving it.
  2. Make a list of problems with your current system and opportunities for improvement.
  3. Create a "needs assessment" for your new system. Be sure to base it on your strategic plan and include implementation needs, such as employee training and any needed re-engineering of your business processes.
  4. Assess potential costs and available resources. Hire outside help if necessary.
  5. Use your needs assessment to create a request for proposal. Be sure to consider smaller players - not just the big boys.
  6. Score how well each vendor meets each requirement, and determine total cost of ownership of each proposal, including costs for licensing, professional services and maintenance.
  7. Invite your top picks to present their product.
  8. Involve employees throughout the process to help ensure their needs are met and they take ownership of the new system.
  9. With employees' help, develop an action plan for implementation.
  10. Monitor implementation and impacts.

Source: Business Development of Canada, Essential Information for Entrepreneurs Vol. 31 No. 1