Every small business owner knows that there are some expenses that fall into the “death and taxes” category – you just can’t avoid them. Top of the list comes tech. Even a self employed freelancer living nomadically and surviving from one gig to the next will shell out money on a decent quality laptop and the right software to do whatever it is they do.
How to Save Money on Your IT Costs
Whether you fall into that category or you operate a fledgling business that just might have the potential to grow into something more, tech is massively important for success. And it can also be a huge drain on finances. Here are some ways to ease the pain and save money on your IT costs.
Outsource IT support
There is a general misconception that the cheapest way to do something is to do it yourself. With IT support, that theory just doesn’t bear up to scrutiny.
We have already established that for even the smallest business, IT functionality is its lifeblood. If you are diverting your or someone else’s attention from business critical functions in order to keep the IT going, it is a lose/lose. For one thing, it will not be done as effectively as it would with an expert IT service provider like the one here. Secondly, if you take the plunge and employ in-house expertise, there are all the additional costs of hiring, benefits and so on.
In house IT support simply doesn’t make economical sense in the modern age.
Shop smart for hardware
Ten years ago, a PC or laptop was all but obsolete after a couple of years, such was the rate of development. Today, that is no longer the case. As long as a machine has a reasonable amount of RAM and a decent processor, it will perform well indefinitely. You can make immense savings by purchasing either an outgoing model brand new or even looking into reconditioned second hand hardware.
The trend towards cloud migration means that even storage capacity is not the critical consideration that it once was. Want to save money on your IT costs? Look for deals on gently used hardware.
Purchasing the physical equipment is only the first step. You then need your operating system and all the software that you will need to carry out day to day business tasks. We all know the big names where that is concerned, but there are other options that will not cost you a penny.
There are some who argue that you get what you pay for, and for sure, the free versions might not be as slick as paid ones, but it is an option worth exploring.
Use the cloud
We mentioned cloud tech earlier, but as well as freeing up the need for extensive on-site storage, it can also save you big money. Cloud computing is one of the biggest growth areas in technology, and people are flocking to it because it makes so much financial sense.
You can essentially ditch most of your physical IT infrastructure and have everything remotely hosted and maintained. When used in combination with the outsourced support option, this can be the biggest money saver of all.
Are You Ready to Save Money On Your IT Costs?
Let’s run through the options again:
- outsource IT support
- it’s okay to buy cheaper hardware
- explore freeware
- use the cloud for storage to save on memory
Pretty simple stuff honestly. If you’re just starting a business, don’t be dumb and try to hire an IT guy. You simply don’t need it. Outsource the help if you need it. Furthermore, be smart about what you’re buying in terms of operating systems and hardware. Until you’re certain that you have a viable business that’ll grow into the real deal, keep your costs low, focus on your business, and worry about all the upgrades later.
Are you ready to save money on your IT costs? Which idea(s) will you implement?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.