Finance
Financial information and management tips for VARs, managed services providers (MSPs), cloud services providers (CSPs), IT service providers and channel-friendly technology companies.
MSP April 2020 Revenues: Financial Results Analyzed
How did MSP (managed IT services provider) revenues perform in April 2020 amid the coronavirus pandemic & associated economic fallout? MSPCFO data analysis reveals answers.
31% of SMBs Closed from Coronavirus Pandemic, Facebook Study Finds
As of April 2020, nearly one-third of SMBs in the study said their business wasn’t operating, a Facebook and Small Business Roundtable study finds.
Small Businesses Challenged By PPP Loan Terms, NFIB Study Finds
Most small businesses with SBA PPP (paycheck protection program) funding remain confused about meeting its terms and conditions, NFIB survey finds.
Small Business Loans: SBA PPP Round 2 Loan Forgiveness Expectations
Small Business Administration PPP (Paycheck Protection Program) Round Two: SBA PPP loan forgiveness expectations.
How Much Could MSP, VAR Revenues Fall In A Recession?
Service Leadership Inc. is not predicting a recession. But the consulting firm reveals how much MSP & VAR revenues fell during previous recessions. Plus: Steps to maintain MSP profitability.
HPE Layoffs 2020: Staff Reductions, Executive Compensation Cuts Coming
Hewlett Packard Enterprise (HPE) slashes executive compensation & preps layoffs as revenues fall. Still, HPE GreenLake & Intelligent Edge solutions are bright spots for partners.
IBM Layoffs 2020: Staff Cuts In Five States, Reports Say
IBM layoffs arrive even as new CEO Arvind Krishna bets heavily on recent Red Hat acquisition and multi-cloud software strategy across AWS, Azure & Google.
FTI Consulting Acquires Delta Partners
Global business advisory firm FTI Consulting acquires Delta Partners, a consulting & investment banking firm with a focus on telecom, media & technology (TMT).
Enterprise IT Consulting Contracts, Profit Margins: Under Pressure
Accenture, Tata Consultancy Services, Infosys & Cognizant consider price cuts and special financing to retain business with big banks, report says.
SBA PPP Loan Alternatives: Where Small Businesses, MSPs Can Find Money
In addition to Small Business Administration (SBA) Paycheck Protection Program (PPP) loans, here are SMB crowdfunding, lending & financing alternatives.