If you are starting a business, you may want to conserve your capital, and these days, there are many great solutions for IT that don’t require an arm and a leg or the shirt off your back! The trick is in finding IT solutions that you can grow with as a company and knowing when a cheap outlay can cost more in the long run.
At Netitude, we deal with hardware, software and all manner of IT solutions daily, so we have some insight into some of the better low-budget solutions for those companies that want to save a bit when starting out. Here are some of our top tips.
Scrimping is not always the best strategy in the setup phase, as you pay dearly at a later stage and sacrifice productivity. When it comes to deciding where to keep your data, The Cloud can provide may be benefits for your business. It can increase productivity, reduce capital expenses, enhance IT security, and mitigate the risk of data loss or hardware failures.
Startups can also benefit financially from cloud computing services for the following reasons:
Do you need 5 more reasons to get your business in the cloud? Check out our blog.
Cut employment costs without losing essential roles and responsibilities by outsourcing! There are numerous opportunities to save money when it comes to outsourcing. For example, instead of employing an in-house IT team, which requires paying for their salaries, benefits, training, and more, consider outsourcing your IT to a trusted partner.
With set fees every month, your budget management will be far simpler. You’ll know exactly what service you’ll receive, and how much you’ll pay for it, regardless of sickness, holidays and other payroll issues that arise with a salaried employee.
Read our blog “Outsource IT support vs In-house” for an in-depth look at the pros and cons of outsourcing IT.
HubSpot offers a free CRM and marketing, sales, and customer service tools to take advantage of, featuring a wide variety of features, including reporting dashboards, email marketing, sales deals, contact management, and more. They also have programs for startups with under £2 million in funding, giving you 90% off products and plans in your first year, 50% in your second, and 25% ongoing. If you’ve raised over £2 million, you’ll be eligible for 50% off in your first year, and 25% off ongoing.
MailChimp also offers free basic services and low-cost options for more advanced features and larger scales. It’s very widely used and good for simple mailshots to customers’ email addresses. It comes complete with the analytical ability so you can see who has opened the mail, how many have unsubscribed and who has taken an interest. MailChimp allows you to create a basic design for your email, which is especially useful for special offers and discounts to loyal customer communities. You can also split databases to tailor and send offers to different groups of customers.
Xero is an online cloud accounting and bookkeeping software with pricing plans starting at £10 per month and a free trial. Whilst accountants can become a cost themselves, this software has many easy-to-manage features that don’t require a degree in accountancy to operate. This is ideal for busy SMEs, which are sensitive to any shift in their balance sheet and need to stay on top of their finances. As it is in the cloud, this presents real-time information on cash flow. The interface is very user-friendly – designed for managers, not just accountants. It can be used on mobile devices, too.
Visit this page for details on the benefits of using Xero for small businesses.
Buy business-grade machines from the start – for instance, having Windows Professional or Ultimate is a must. By getting your initial IT infrastructure right from the beginning, you will save a significant amount of time and money later on, should your business grow. It will mean you won’t need to replace them later on when you might need to move to a server. Also worth considering when investing in computers is whether a three-year warranty is worthwhile – especially for laptops. You should buy brands with a good reputation, like Dell, HP or Apple.
Here’s a tip that will help you save on fuss later on. Use naming conventions from the outset – for example, usernames and email addresses like first.last@company.com. So, when you add names as the company grows, you won’t one day find yourself at a juncture where you need to change all the email addresses to conform to a rule, as well as business cards, of course!
For more practical advice like this, gained from years of working with growing companies, contact Netitude.