Tweet

Charge back for storage

Guest post by: Greg Schulz

Article Overview: Charge back for storage

Charge back for storage

TechTarget SearchStorage recently put out a piece on chargeback for storage that includes some commentary by myself on the topic including some common myths about chargeback of what it is and how it is done.

A common misperception is that chargeback requires actual invoicing and monetizing of IT resource use including servers, storage and networks where in some cases, charge back is not as much about generating invoices as it is for accounting and resource usage tracking. Granted, if you are in a services oriented environment, rest assured there is monetization needing to take place, however, informational charge back initiatives are also useful for budgeting, planning and awareness of IT services and usage.

Related Articles
  What is a reasonable cost model for providing a 3PL warehouse management service (Survey Result 1)
  Reasons your business needs self storage
  The data storage prayer
  Tenant Insurance Makes Everyone a Winner in Self-Storage Facilities
  The Best Business Online Storage Services
  More Data Footprint Reduction (DFR) Material
  The Benefits of Fusion Marketing Your Self Storage Facility with Other Local Businesses
  Self Storage Investing Webinars Can Hold Valuable Tips
  Where to Store Inventory for Your Party Planning Company
  Politics and Storage
  How to Restore Lost Photos from Virus Infected Storage Devices?
  Proper Storage & Stacking Pallets for Hazardous Materials
  Trains going green
  Implement Efficient Document Management Software to Get Organized in Your Home, Office and Storage
  Beware of april 1st announcements
  Recession Proof Real Estate
  Self Storage: Second Class Investment? Not Anymore!
  Poor Credit But Still Need Business Finance? Are You a Homeowner? Consider a Charge Deal
  Ecommerce Order Fulfillment Explained
  You’re In Charge of Your Career

Article Tags: cloud, storage



Related Forum Posts
Offer Credit instead - I'm not sure if ChrisH was referring to this but i'll state it more expicitly .. Charge upfront and offer a refund of double the value back in "Credit" towards your Product or Service you have for sale at the end of the event.
Re: How do you back up your computer? - There's also Xdrive online storage to back up your files and it's free!!
Seminar attendance - I read through most of these posts and the first thought that popped into my head Andy already posted. Charge a fee to register, that will be refundable at the end of the seminar. This will ensure they show up and STAY for it.
Re: DropBox.com - Hey Evan, I just started using their service very recently. I'm currently using their free 2GB storage option. I mainly got it to send large-sized files to other people, as sometimes uploading to my web host server can become problematic and not work. I searched around for online storage options and landed on their site. Works great and very easy to share files with others. I currently have a 1TB external drive I backup all of my computer data on. Maybe someday I'll consider online backup, just for added protection of my files.
Franchised and looking to licensing - I currently have a registered franchise that I have sold the prototype biz as my first franchisee, after a couple months I needed to do a name change due to mounting legal fees from fighting for a registered trademark. I am thinking of offering licensing instead of continuing the franchising due to insufficient funding, as you know legal fees and accounting fees associated with franchising is a issue and with only one franchisee buying product and paying royalties funding has become an issue that has me torn between converting to the less expensive expansion option of licensing. The product is patent pending PVC wall panels that are installed in residential garages, these panels were designed to interact with storage accessories that easily snap in and out of the wall panel creating a storage system that can be added to and re-arranges as the homeowners storage needs change. The concept is selling quite nicely. My thoughts are to use licensing as a means to move more product quickly by targeting successful home improvement companies to offer the product line. Moving more product would generate more capital to work with at which time maybe I would go back into the franchising model at some later time. The first issue that comes to mind is the one franchisee that I currently have, what becomes of them. The other is by going the licensing route, how hard of a transition would it be in possibly returning to the franchise model later? Any thoughts you have on this situation is appreciated. Thanks


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

When the Going Gets Tough, the Tough Log On

Is the Media to blame for losses in super?

Designing Employee-Enhancing Training Programs

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.