A business is considered small or medium if they have less than 500 employees. While the IT world is growing, small and medium sized businesses may not necessarily be equipped to keep up with the rapid changes.
At this day in age, technology is important to business success, with businesses growing more and more dependent on technology. Technology can give small and medium sized businesses new abilities and capabilities to grow, but budget remains a concern.
Many SMBs are interested in employing technology to improve their overall business. Almost anything and everything effects the IT budget. If a new employee is hired, that’s a phone, a computer, wiring, etc. If something breaks in the wiring, that’s money to fix and replace the old wiring. Your IT budget is connected to everything in your business.
While SMBs may be trying to increase their IT budget, there are ways to get more with the budget given. SMBs are spending the largest share of their IT budgets on hardware. An easy way to reduce hardware costs can start with buying refurbished IT hardware like servers or workstations. Maybe your company doesn’t need an entire new server or workstation, but needs just one part. You can also buy refurbished parts
Have any more tips for SMBs IT budget? Let us know in the comments below!
