IT Budgeting For Small Businesses

Updated: Jul 2, 2018

IT budgeting for small businesses can be a daunting task and there are many factors to consider before you jump in. Some of the benefits of budgeting are that it can bring opportunities to your organization that wouldn’t be available without the cost savings and reduced risk that are synonymous with budgeting. On the negative side, IT budgeting takes both time and effort, but with Granite Tech on your side, you’ll be saving money in no time!

Planning for short-term and long-term needs for hardware and software is key. Taking an inventory of current assets is the first step in sorting out priorities. Identifying technology that is not recommended for business use, not compliant with industry standards, or has a high failure-risk is essential. Granite can come and perform an overall assessment to identify these categories and deliver recommendations all while taking into account your business’ financial state. 

General longevity rules of thumb:

Desktop/laptop: replace between 3-5 years Server: replace between 5-6 years Network equipment: 5-10 years Wireless equipment: 4-6 years Phone system: 7-10 years

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