Every business owner knows – you’ve always got one eye on your work and one eye on your bottom line. Today’s blog post is about how a little clever spending can save you big money in the long run. Counter-intuitive but still true!
Let’s start by considering the costs common to every business. No matter your industry, everyone spends money on their people, equipment, and services. For restaurants, those people are waitstaff, the equipment is point-of-sale machines, and the services are likely to include website hosting and security. For an architectural firm, staff includes receptionists, architects, project managers, and more. Their equipment includes high-end drafting computers, and their services will undoubtedly include a file-sharing mechanism. These costs touch every business, regardless of the type of work done.
When it comes to people, one way of reducing costs is through your company’s liability. Investing in education and claim prevention will pay dividends for you for years to come. Most insurance companies will lower your annual premiums if you can show evidence of such investment at renewal time. This can look like implementing staff education about cyber security, which will make a huge difference. (Employees are the number one access point for phishers and hackers!) Adding security cameras and/or door access controls is also a great use of funds. The mere presence of these elements serves to deter any would-be burglars. Paying for these services is a one-time cost but yields years of peace of mind and insurance savings.
Considering equipment costs, it is vital to accept an uncomfortable and unavoidable truth: your equipment will break. It is not a question of if but when. How can you prevent that eventual malfunction from entirely derailing your productivity? We start at the moment of purchase! When buying new machines, consider future repairability. Some machines are built in a manner that makes repair simple. Others are not. For example, ultra-thin laptops are hard to repair because their form factor requires a soldered motherboard to achieve that razor-thin profile. Instead, invest in computers and other equipment capable of repair, and you’ll find that when something breaks, you can pay for a small repair instead of out-putting the larger cost for a brand-new piece of equipment. Planning ahead in this regard will save you money down the road.
Services! In 2025, more and more industries are embracing the cloud and paying for the ability to share amongst their team and with their customers. Bringing professionals in to perform a cloud services audit can be surprisingly fruitful. Are you using your existing services to their full advantage? Will another service fulfill your needs at a lower cost? Are you double paying for certain features? Inviting experienced pros into your digital workspace is a choice that will pay for itself within a matter of months and save you money for years to come.
If you are interested in having our team perform a cloud services audit, consult on which equipment to purchase, teach a cyber-security training, or design a new security network for your business, we are happy to help! Spend a little money with SpitzerTech today and see the savings roll in for years.
Recent Comments