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Outsourcing IT Through Managed Services – Cutting Costs and 6 Other Benefits for Small Businesses

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Technology sits at the core of any successful business, and that’s no secret to anyone. But given the current surge of rapid tech advancements, keeping up to date with the changes can prove to be downright challenging.

Oftentimes, the ones who suffer most from not being able to keep up with technology are small businesses, because they have limited access to high-qualified IT staff and a small budget to work with. If you are currently running a small business, you know exactly what I mean.

Unfortunately, the competition is tight and allows for very few excuses, which is why small businesses need to look outside of their company for help to keep up with their adversaries.

This is where outsourcing can step in and offer business owners an alternative solution to their needs. This way, small businesses can get access to state-of-the-art IT solutions without having to put together an in-house department or purchase brand-new software and hardware.

If you are wondering whether or not outsourcing your IT needs is the right choice, here are a few benefits it can bring to your business.

Helps you make accurate monthly cost predictions

One of the greatest advantages of outsourcing your IT needs to a specialized company is cost-effectiveness. By partnering up with a company that provides managed IT services, you can reduce operational costs and redirect your budget towards aspects that are more important to your company’s wellbeing.

The reason why outsourcing IT services is more cost-effective than building an in-house team is because most of these companies operate on a subscription-based model, where clients need to pay an annual or monthly fee for the services they need. This way, you will always know just how much of the monthly budget to set aside for IT and will only pay for the services you actually need.

Allows you to focus on your core business operations

At the begging of your venture, it is possible your IT needs were very small, so you could afford to pass on the responsibilities to a member of your team that has a little experience with tech or dealing with them on your own. However, as your business grows, you will need your entire team to focus on their main activities instead of taking turns dealing with IT tasks.

To allow your employees and yourself to focus on the tasks that are vital to the wellbeing of your business, you need to consider outsourcing your IT needs to an experienced company. This way, they can take care of both mundane and complicated IT tasks efficiently, without having to compromise the work efficiency and time of your employees.

Getting access to a team of industry experts

Large companies usually have in-house support services and a team of IT professionals at their disposal. This gives them access to experts that are able to tackle any issue and help their business thrive. Small and medium companies can rarely afford the luxury of setting up an in-house IT team, so the only way to get access to industry experts is by outsourcing to an experienced IT management company.

Because this is their job, their priority will always be to employ the best staff they can and to stay up to date with technological advancements so that they can fulfill client requirements. Taking advantage of this will give you a competitive edge and will level the playing field between you and your competitors.

Increased operational efficiency

To continue growing and keeping up with the competition, your company needs cutting-edge technology, which can be difficult to access without having to take a lot of money out of your pocket.

A reputable IT company will provide you with the technology, infrastructure, and software you need to increase operational efficiency at a fraction of the price. All that’s left for you to do is ensure the other aspects of your business are well taken care of.

Improved cybersecurity

Cybersecurity has been a hot topic of discussion recently, as data breaches and malware attacks have made victim after victim in the past few years alone. Every network has vulnerabilities it needs to be protected against. By outsourcing your IT needs to a team of experts, you ensure those vulnerabilities won’t hurt your business.

If your business falls prey to the schemes of hackers, you don’t only risk exposing valuable client and company data, but the reputation of your company will also have a lot to suffer. If this happens, it will take a lot of time and financial resources to bounce back.

Scaling advantages

The plan of any successful business owner is to see their company thrive and grow. And once your company starts to grow, your tech needs will become increasingly harder to satisfy by yourself. This will result in the need to hire new talent and go through the entire process of scouting, interviewing, and training them.

By outsourcing your IT needs to a company that specializes in the field, you can get all the resources you need without having to constantly expand your team. You need more resources? All you have to do is call your IT partners and have them take care of your needs. At the same time, if you need fewer resources, you can scale down anytime you want.

Customized solutions

No two businesses are the same, which means no two businesses will have the same needs and challenges. Outsourcing your IT needs to a reputable team of experts will give you access to customized business solutions that are tailored to fit your needs and not some one-size-fits-all packages. In your initial conversation with the IT team, you will be discussing your company’s goals and challenges and will work together to develop solutions based on this discussion.

Because these services are tailored to your needs and aim to solve your particular pain points such as cutting costs, you will gain a competitive advantage and will be able to work your way up towards becoming an industry leader.

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Emma Drew

Emma has spent over 15 years sharing her expertise in making and saving money, inspiring thousands to take control of their finances. After paying off £15,000 in credit card debt, she turned her side hustles into a full-time career in 2015. Her award-winning blog, recognized as the UK's best money-making blog for three years, has made her a trusted voice, with features on BBC TV, BBC radio, and more.

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