FORMING AN IT BUDGET FOR YOUR SMALL BUSINESS

Forming an IT Budget for your Small Business

rob-bruce

written by rob bruce posted on October 4, 2018

Here in the Vail Valley, All Mountain Technologies has found business owners do not typically see the value in budgeting for IT. Proper business technology increases agility, cut costs, and delivers peace of mind.

According to a recent study, professionals in the U.S. had planned to increase their organization’s IT budget for 2018 and will continue to for 2019. Global IT spending is predicted to reach roughly $3.7 trillion this year.

Technology is evolving and always changing. There are a few routes when it comes to choosing an IT solution as a business owner. You can hire internally (which can cost you anywhere from 60-100k/year), use a one man shop (which can be frustrating when they are out of town or super busy), or partner with a business like AMT.

All Mountain Technologies does not use the break-it-fix-it model when it comes to technology. We anticipate your needs proactively, plan for future changes, monitor, and ultimately take over the entire IT department with a staff of seasoned experts. We believe every successful business needs to allocate a portion of their budget to IT. With a proper infrastructure set-up, a business can run smoothly, efficiently, and make more money in the long run.

AMT has identified four areas as best uses for you IT budget along with some tips for your small business.

  1. Hiring
  2. Hiring and training qualified IT professionals is the most important use of your tech funds in the year ahead. There has been a skill shortage in IT recently. Technology has become more specialized and less accessible to untrained workers. The Vail Valley is somewhat limited when it comes to IT talent. AMT has a staff with decades of years of experience behind them. From engineering to cybersecurity, our staff has each area of tech covered. We are also in the process of partnering with local universities for an internship program for budding technicians.

  3. Training
  4. Not only is it important to partner with a qualified IT expert, such as AMT, but also invest in end-user training opportunities. When partnering with AMT as an Always-On client, you have access to end-user training such as a complimentary phishing awareness lunch and learn.

    With recent cybersecurity risks, educating end-users is detrimental to keeping data safe and secure. AMT takes end-user education very serious as human error will always exist.

  5. The Cloud
  6. Each business has their own needs and goals. We do not always suggest a solely Cloud based set-up, but Cloud apps can work for some. Cloud apps are scalable, and let you track and manage real-time data. This kind of flexibility and agility is a plus in today’s competitive arena.

    At AMT we take a lot off your plate when it comes to the Cloud. Your system administrators manage scores of IT assets—including hardware and software—and track and manage licenses, warranties, maintenance schedules, and custodianship records.

  7. Cybersecurity
  8. Cyber-criminals are becoming savvier when it comes to retrieving sensitive data. At your small business, you don’t want to lose customer data or let malicious groups take over your systems. Cover all the basics, including safeguarding sensitive business data and minimizing the risk of malware attacks.

    Having a holistic and expansive cybersecurity strategy expands your business’ capabilities, improves your reaction times to potential issues, and creates a system of accountability around your data security operations. If these lower priority issues aren’t addressed, risks associated with cyber-crime can drive up costs, open you up to liability, and fracture processes crucial to the survival of your business.

All Mountain Technologies has created a way to stay cost effective so you don;t have to hire in-house or deal with the unpredictability of a one-man show. With our team of trusted IT professionals, you’re in good hands. Looking towards 2019, begin planning a budget for IT. If you have any questions regarding IT needs for your business, give us a ring.

-Allie Yazel, Marketing Coordinator at AMT ayazel@allmtntech.com

Rob Bruce

Rob Bruce

Rob Bruce is CEO of All Mountain Technologies and is passionate about helping business owners succeed. He leads a dedicated team of professionals focused on delivering exceptional IT service and solutions. With over 25 years of experience and a deep understanding of the IT industry, Rob ensures that clients receive the highest level of support and guidance for their IT needs.