The Top 5 Red Flags in the IT Industry

All businesses today rely heavily on IT support. Some have their own in-house IT experts, while many others choose to hire managed service providers, or MSPs, to perform specific IT functions for their company. These services are needed to oversee the office hardware and software and stay ahead of the competition. Like all industries, the IT industry has a few red flags that need to be addressed. With all the available services, you wouldn’t think that it would be that difficult to find reliable IT support for your business. We live in an almost entirely digital world, so tech services are available around every corner. The IT industry continues to grow by leaps and bounds, and so have the red flags in the industry. These issues make it harder to find reputable service providers that will give you the quality service you need. So what are these red flags, and as a business owner, what can you do about them? Read on to find out.

Red Flag #1: Your business is getting nickel and dimed

Many business owners today do not have extensive knowledge or skill in IT. This technology gap is the primary reason they hire MSPs in the first place. Unfortunately, many providers are taking advantage of this. They will charge businesses for extra services that they do not need. In other words, they end up spending more on additional services even if they are not necessary for solving the problem at hand.

The Solution

Make sure to do your research and find out exactly what IT services you require. Search for a provider that will deliver these services without trying to hoodwink you into paying for other services you don’t need.

Red Flag #2: Lack of communication

Clear and constant communication is essential in any business relationship. But for some reason, many IT service providers are failing in this department. Many of them will take your specs and get to work right away, probably because they are confident that they know what they are doing. More than likely, they are hoping to impress you with a fast turnaround. This approach can lead to more problems like wasted time and resources.

The Solution

Choose a provider that communicates well. The MSP should assign someone from their team to act as a point of contact to communicate and coordinate with you at any time.

Red Flag #3: No consistent business reviews

What previous clients say about a service provider is one of the best ways for you to gauge the quality of their performance. If the reviews are inconsistent, would you still want to risk hiring them for your business? The same is true for MSPs with very few business reviews because they are new. There might be a chance that they are good, but when it comes to your business, it is better to be safe, especially when hiring service providers for the fundamental processes of your business.

The Solution

Look elsewhere. Finding a company with perfect feedback is quite impossible. The occasional irate client leaving a 1-star review is inevitable. But at least, you should search for a provider with a large number of consistently high ratings.

Red Flag #4: Response time is too slow

Time is of the essence in any business, and quick results are highly preferable. There are a lot of service providers these days that provide excellent results but have a slow response time. These delays can be costly for your company and cause you to lose clients and eventually lag behind the competition.

The Solution

Quality results are great, but not when they come too late. Choose an IT service provider that does not keep you waiting when you have concerns. And make sure they guarantee the fastest possible turnaround when you need them.

Red Flag #5: They do not know how to help you with your cybersecurity insurance approval process

Cyber attacks are getting more rampant by the day. Because of this, every business with an online presence needs to have a reliable cybersecurity insurance policy to protect against the possible damages resulting from a data breach. And who should be in a better position to help you with the approval process than your MSP?

The Solution

Right from the start, you should ask the managed service provider if they have cyber insurance and can assist you in applying for your insurance policy.

Steer Clear of Red Flags and Choose Your MSP Wisely

Beware of these red flags and any possible implications for your business. If you know of anyone who has experience with an “iffy” managed service provider, have them contact us right away! We can show them the value of working with a reliable MSP.