Can IT Support Really Save Entrepreneurs Money?

The answer to the question in the title is simply, yes. Managed IT Support can help cut down an entrepreneur’s expenses and thus allowing him to channel his working capital in other areas of his business. Such services can be especially helpful for small to medium enterprises or SMEs and startups that simply don’t have enough funds to spend on an entire IT department. Apart from cutting costs, managed IT services can also help a business operate more efficiently, thus help contribute to improving its bottom line.

Here are the ways that IT support services save businesses money.

1. No Need to Invest On Equipment

To have a working IT department, entrepreneurs will have to allocate some of their working capital to purchase computers, servers, networking devices and other equipment. In some cases, some IT equipment need to be housed in a “clean room” that is temperature and humidity controlled to keep it running optimally and prolong its service life. Remaining competitive means that you’ll also have to keep up with the latest technology, or at least be compatible with computing systems that seems to go obsolete quicker than you anticipated. You may also need to purchase a license to use software for your operations or have one created exclusively for you. All of these require a significant investment from an entrepreneur.

2. No Need for IT Personnel

Hiring two or more “IT guys” will be a conservative assumption if you are planning to create an entire IT department. These personnel will be on your payroll, even though their jobs will be mostly confined to monitoring the computing equipment that operates autonomously anyway. If you are purchasing specialized software and equipment, you may also have to pay for their specialized training.

3. No Need for Extra Office Space

Being in a prime business location is essential for businesses as it makes them more accessible to their clients. Such locations can get pricey in terms of lease and this price increases exponentially with every additional square footage that your business requires. Having fewer staff and equipment means that you can make do with a smaller front office at a lesser cost.

4. 24/7 Business Operations

For businesses that cater to a global clientele, you’ll need to have your IT operating for 24 hours a day, 7 days a week. This means that not only will you have to spend money on IT equipment, you’ll also need to pay several groups of IT personnel for at least three different shifts in a 24-hour period.

5. Get 24/7 Support

Since your business runs 24/7, it will be in your best interests to have experts on hand to monitor your operations. In case of a crash or server failure, managed IT services often have expert personnel on hand to quickly resolve the issue. Established IT support services also have contingencies in place to minimize IT operation downtimes.

Outsourcing your IT operations, as mentioned earlier, will free up much needed funds that you can use for other, more important aspects of your business such as advertising or SEO. Without having to worry too much about IT operations, you can channel your efforts to the business side of your enterprise. These not only are ways of how managed IT services help save you money, they are also compelling reasons for you to consider acquiring such services.