Infracore LLC Blog

Budgeting for IT Can Benefit Your Business’ Bottom Line

Budgeting for IT Can Benefit Your Business’ Bottom Line

Your business depends on a budget to come out in the black at the end of the fiscal year, and the way you invest that budget will have a considerable impact. As you create this budget, your IT needs to be one of your top considerations - after all, it is what effectively powers the modern business. Here, we’ll discuss how diligently incorporating your IT into your budget can help your business be more successful down the line.

How to Approach Your IT Spending
When determining an IT budget, perspective is an important part of the process. It can be tempting to view your IT as just another cost of doing business, but it really is more than that. Your technology (and the state it is in) has ramifications that spread to your entire business, so if it is lacking, everything will be. Employee morale will suffer, your productivity will slow, and your incoming cash flow will falter.

After all, an IT budget needs to account for a lot. There are the costs associated with acquiring and subsequently upgrading your information technology, as well as training your staff to properly leverage these solutions. However, a good IT budget will also account for the odd inconveniences that will require some financial spending to resolve. Furthermore, with your budget in mind as a reference, explore some of your options as far as cost-savings go… are you paying for more resources than you need? Are you leaving money on the table anywhere when those funds could be used more effectively contributing to another goal? While information technology is hugely helpful when leveraged properly, it can become a financial burden if over-invested (or even under-invested) in.

This is how you should actually consider your IT budget: an investment. While some of it will be classified as a business expense, much of your spending will be into endeavors that help your business, either by increasing efficiency or reducing waste. Either way, your IT can be used to put your company in a better financial situation.

Encouraging Financial Well-Being with an IT Budget
If you’re unsure of how to proceed with budgeting your IT, we’ve compiled a handy list of things you should (and shouldn’t) do during the process.

  • Have a set budget for your IT. In order for your business to be able to utilize the caliber of technology solutions it needs for success, you need to put forward the investment into those solutions.
  • Invest in business-enhancing solutions. Whether you’re boosting your internal productivity or fortifying your business against threats that could keep you from conducting business as usual, your IT budget should be spent in ways that directly benefit your operations.
  • Don’t shoot from the hip. Like we alluded to above, if you aren’t investing in your IT solutions correctly, you could find yourself in a worse spot than before. It is crucial that you go about investing in your IT strategically, directing funds to where they are needed and where they will help you to generate more revenue.

Alexa von Tobel, CEO of, said, “We all have pretty much similar dreams, and at the root of all those dreams is being able to be in control of your money.” We agree, which is why we’re dedicated to providing you with the most value in our IT services without emptying your coffers. To learn more about the easily-budgetable services that we have to offer, reach out to us at (858) 509-1970.

Our 2018 Business Technology Overview
Tip of the Week: Avoiding Scams


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, November 17 2018

Captcha Image

Tag Cloud

Tip of the Week Security Technology Best Practices Privacy Cloud Business computing Network Security Google Hackers Malware Data Innovation Microsoft Software Internet Hardware Business Tech Term Backup Smartphones Hosted Solutions User Tips Email Browser Windows 10 VoIP Data Backup Business Continuity Computer Android Mobile Devices Managed IT Services Small Business Alert Workplace Tips Communications Business Management IT Services Productivity Computers Disaster Recovery Miscellaneous Data Recovery Chrome Smartphone Office Managed IT Services Cloud Computing Ransomware Outsourced IT Law Enforcement Cybercrime Network Communication Artificial Intelligence Efficiency How To Password Applications Facebook Virtualization Windows Telephone Systems Collaboration Cybersecurity Productivity Money Passwords Router Social Media Windows 10 Internet of Things Saving Money Quick Tips Work/Life Balance Upgrade IT Support Information Server Health App Gadgets Social Engineering Office 365 Mobile Device Management Bring Your Own Device Google Drive Save Money Data Protection Automation Holiday Apps Phishing Keyboard Word HaaS Two-factor Authentication Data Security Office Tips Scam Data Breach Connectivity IT Support Microsoft Office Vulnerability Spam Hacking Private Cloud Wi-Fi BDR Bandwidth Mobility Automobile Training Comparison OneNote Entertainment Website CES Public Cloud Redundancy IT Management USB Value Firewall Networking Avoiding Downtime Data Management Spam Blocking Voice over Internet Protocol Content Management Employer-Employee Relationship IT Plan End of Support Mobile Device Marketing History Charger Business Intelligence Operating System Patch Management Servers Blockchain Identity Theft Battery Paperless Office Update Unsupported Software Infrastructure Remote Monitoring Cleaning Encryption Managed IT Worker PDF Remote Computing Managed Service Big Data Virtual Assistant Computer Care VPN Windows 7 Flexibility Settings Managed Service Provider Fraud BYOD Government Sports Electronic Medical Records Data Storage Legal Telephone System Samsung Mobile Computing Benefits Cortana Meetings Thought Leadership Travel Password Management Staff Frequently Asked Questions Wireless Amazon Authentication Start Menu Computer Accessories File Sharing Television Telecommuting Audit Smart Office Administrator Leadership Gmail Humor Internet Exlporer Best Practice Camera Google Apps Files NIST Vendor Management Specifications Excel Public Computer Amazon Web Services Nanotechnology Tools Data storage Techology Users Bluetooth IT solutions Physical Security Hybrid Cloud Information Technology Augmented Reality Emergency Remote Work Computer Fan Practices Sync Document Management Microchip Save Time Recovery Recycling Content Troubleshooting Loyalty Search Smart Technology Current Events Workers Data loss Addiction Cryptocurrency Digital Signature Tip of the week Online Shopping Downtime Smart Tech Virtual Reality Apple Instant Messaging Remote Worker The Internet of Things Hosted Computing Search Engine webinar eWaste Internet exploMicrosoft Video Games Audiobook SaaS How to Wireless Internet Warranty Two Factor Authentication Knowledge Screen Mirroring Cache Safe Mode Experience Millennials Windows 10s Windows Server 2008 Evernote Root Cause Analysis Worker Commute HVAC Risk Management Multi-Factor Security HIPAA HBO iPhone Wiring Credit Cards FENG Inventory Telephony Education Machine Learning Bing Hiring/Firing WiFi Conferencing Criminal Software Tips Advertising Black Market Wire Printer Network Congestion Password Manager Cast Relocation User Error Music Workforce Unified Threat Management Transportation Safety Wireless Charging Devices Botnet Enterprise Content Management Politics Rootkit Trending Human Resources Outlook Access Control Skype Monitor Computing Infrastructure YouTube Help Desk Employer Employee Relationship Google Docs Emails Scalability MSP Books Assessment Solid State Drive Accountants Flash Mouse IT Consultant Business Mangement Wearable Technology Company Culture Software as a Service Webinar Compliance Twitter CrashOverride Managing Stress Regulation Printers Thank You Congratulations

Mobile? Grab this Article!

QR-Code dieser Seite

Recent Comments

BessieLHuerta 8 Data Backup Terms You Should Know
15 November 2018
I can understand the importance of this content about the data backup and I think it will attract ma...
Constance Rowe Are You Intrigued By the Tech of CES 2018?
15 November 2018
An internal blog is intriguing for the storing of the information. The visitors of the https://www.b...
Leo Reid A Few Security Lessons Your Business Can Learn From Game of Thrones
07 November 2018
Few lessons of the learning have been consumed for the better range of the people. The sort of the i...
Risa Franklin Is a Data Backup Really That Necessary? In a Word: Yes
01 November 2018
Data protection is very important for us with we can get rid from various kinds of problems while ru...
Sybil Stephens Is a Data Backup Really That Necessary? In a Word: Yes
20 October 2018
Backup data for the word Microsoft is really needed that only some written material will be come to ...