Tech Budget : May
For small businesses to know what technology to invest in and how much to spend can be very difficult. Too often IT vendors seem to follow a mantra where they ask you to keep spending money as problems arise with no real plan.
Keeping a realistic IT budget can be challenging and many firms end up spending money on problems as they arise instead of proactively addressing issues. Instead, look at your company goals on a 5 year scale. This number works great for budgeting out IT expenses because all of your hardware will cycle through its life cycle in one 5 year period. Planning your hardware purchases in your annual budget is the first step. Eliminating surprise expenses and providing peace of mind for our clients is our primary focus.
Not having old equipment that is out of warranty running on your network is the first step to keeping your system from having unexpected downtime. It is possible to still have hardware issues while they are in warranty, however these problems multiply exponentially when you are operating with older, outdated equipment. The manufacturer won’t warranty it after your initial purchase, why would you have your business production relying on it.
Midwest’s goal is to provide support and analysis of business needs so your firm can match its ROI with a planned budget every year. We also assist our clients with vendor management, evaluations, and negotiations. We’ve saved individual clients tens of thousands of dollars by helping them negotiate contracts that make sense for their business.