CMI Blog

How You Approach Technology Affects Your Entire Budget

IT_BudgetsFor most businesses, one of the largest expenses is payroll.  Good people cost money, and by hiring talented employees, a large portion of the operational budget is gone. So in order to properly grow your business, cost savings are going to have to be found in other, very clever ways - including technology management.

Annual Budgeting is a Must

Most small businesses at the very least budget for the following list of operational costs:

  • Rent / Business Rates / Mortgage
  • Insurance
  • Procurement costs
  • Payroll and requisite taxes
  • Marketing and sales
  • Utilities (electric, water, Internet, etc.)
  • Estimated maintenance costs
  • Legal & accounting fees
  • Licenses & fees
  • Office supplies
  • Travel costs
  • Interest & depreciation

Often left off this, or many times grossly underestimated, is technology.  IT can be a significant expense, particularly when you take into consideration that the costs are incurred by several of the items listed above. Not only do you need to procure the technology systems, but you need to improve the depreciated computing systems, to meet the specifications required to operate efficiently. You also have to consider the costs of IT support since these systems need proactive and preventative maintenance to ensure they last as long as possible.

At BTA we provide solutions that can assist your business in budgeting for the truly necessary IT and support costs. Our comprehensive managed services offering delivers small and medium-sized businesses the opportunity to get all the technology support they need, for a consistent monthly flat-rate. With our remote monitoring and management solution, we can provide proactive maintenance to the machines attached to your network to ensure they remain reliable. We also make available help desk support and even on-site support for those times when remote support isn’t an option. These managed IT services can be indispensable for a business searching for a way to navigate your technology’s support, without having to pay a premium price.

Managed IT services give you the opportunity to use more of your capital toward the administration of your business (like the payroll), and to take on projects to make your business more efficient, without having to worry about the return on investment of your technology. Call us today at 020 8875 7676 to learn more about our managed IT services and other technology-related solutions.

 

Related posts

BYOD is dead - Say hello to CYOD
How You Approach Technology Affects Your Entire Budget
Get Free High-Speed Internet Installation
Audra Oliver

Audra is BTA's marketing consultant.