There are common mistakes that small businesses make when planning out an IT Budget. They can be costly, so avoid making them when you are planning for your IT Budget.

Staying on a “Fixed Budget”

Budgets should be flexible not fixed. There will be times you need to spend less and times you need to spend more on technology. If you focus on what needs to be done, then you can budget for that. There is no sense in overspending just to meet last year’s budget. There is also no need to underspend or not do something that needs attention to save on the budget.

Thinking Cheapest is Best

It’s true, you get what you pay for. Technology is advancing at record speeds. What worked well just 5 years ago, is no match for today’s sophisticated technology and cyber criminals. Having high quality technology in place will give you better performance and protection needed to help your business be successful.

Putting Off Hardware and Software Upgrades or Replacements

“Don’t Fix It If It Isn’t Broke”, just doesn’t work in Technology! Technology is advancing at an alarming pace, and keeping outdated technology around is a risk. It is not worth it anymore to keep outdated systems around. It has becomes a liability and an increased cost when it does fail or get compromised.

Thinking Short-Term

Thinking short-term and buying technology that cannot be upgraded or support your long-term needs is a waste of time and money. It’s important to see the vision of the company so you have the technology to support your now and in the future.

Putting All Your IT on One Person

Even a Tech Genius needs a day off. Let’s be honest, there is no 1 person who knows or can stay up on all the moving parts in technology. IT Professionals have different areas of focus. So, it is best to have a team who can collaborate on your IT needs and provide in depth support. A diverse team will deliver better results, faster. In today’s world, you can get a team of IT professionals for less than 1 person’s salary.