How do you approach your managed IT services spending? Many business leaders make the mistake of viewing their IT budget as a challenge – how little can they spend to keep their business afloat?
This approach is potentially dangerous. If you don’t have IT personnel on your team who can anticipate issues and be proactive with cybersecurity measures, you’ll get stuck paying for issues as they occur. This expense can be astronomical and leave you in a cycle of never knowing when your next large IT expense will arise.
Instead of approaching IT like an expense, treat your IT budget as an investment. If you value your IT and need it for your business, any money you put into it will have a return. Here’s how to use this approach to reframe your thinking.
Reframe Your Thinking on Your IT Spending
Most business and IT leaders don’t decide on an IT budget based on what they need. Instead, they decide on their annual IT budget based on what they want to spend and try to make their needs match their budget.
Wondering why this approach doesn’t work? Well, you wouldn’t give your financial investment advisor only $100 a month, then wonder why you’re not getting rich. Building a solid financial or technical foundation takes more than that. The more you put into it, the more you’ll get out of it, and the more significant results you’ll see.
That doesn’t mean you need to be extravagant or maintain a limitless IT budget. It’s all about balance. If your business approaches technology as a necessary evil, it will minimize its importance, leaving open gaps and vulnerabilities that can be exploited. Instead, adopting the reframed approach that IT is a valuable investment will allow you to build a solid foundation that can set your business up for success.
Why Invest in Managed IT Services?
One of the best ways to ensure your business has IT support that fits your needs is to invest in a partnership with a managed IT services provider. They can help take goals like avoiding downtime and minimizing cybersecurity risks and make them a reality.
Along the way, they’ll offer advice and provide tools that can help keep your business productive and safe while facilitating growth.
Here are some of the benefits of investing in managed IT services:
Improved cybersecurity
Cybersecurity attacks affected 61% of businesses in 2022. Investing in a relationship with a managed IT provider offers businesses a partner in cybersecurity that can help close vulnerable gaps and protect their assets from would-be attackers.
Discover your vulnerabilities with an IT risk assessment.
Support employees by offering flexibility
Employees now expect flexibility from their workplace. Businesses that are unable to offer their employees the opportunity to work from home at least some of the time could find themselves at a distinct disadvantage when it comes to hiring and retention.
However, providing this flexibility can put pressure on your in-house IT team to protect an ever-widening attack surface. An outside managed IT services partner in Nashville can support this growth, giving employees the tools they need to be productive from anywhere.
Access to valuable data and analytics
Working with a managed IT partner offers more than just an improved IT environment. It can also provide businesses access to unprecedented levels of data and analytics which were previously inaccessible. This information can help facilitate smarter, data-driven decisions.
Improve company agility
These days, successful businesses need to be able to pivot quickly to anticipate and then meet customer demands. If your current IT environment doesn’t have this capability, you may get left behind.
A dynamic, engaged IT partner can help your business develop a new approach to technology that’s more responsive to customer demand, increasing your agility and speed in bringing new ideas and products to market.
Tech Squared: Your Go-to Partner for Managed IT Services in Nashville
When you approach your IT budget as an investment rather than an expense, it’s much easier to build a solid foundation that can serve your business well into the future.
At Tech Squared, our priority is determining how to help our partners get the best value for their available IT budget. Our approach focuses on proactively preventing issues and setting up tools and services that will keep your organization productive and secure for years to come.
