How important is IT to your SME?
A new survey has placed an intriguing spotlight on the role that IT plays for SMEs in modern-day Britain, with the results suggesting that many companies may not be as reliant on technology as they may have initially thought.
SolarWinds, a provider of IT management software in the UK & Ireland, questioned 500 IT decision-makers in SMEs across the UK & Germany.
More than three quarters of the companies surveyed indicated that as much as 12% of the software they have purchased goes unused. So, do we place too much importance in IT equipment? Could many companies run their business on a much tighter budget in this regard?
The power of renting/leasing
We recently flagged up the value of renting/leasing office equipment, including IT essentials, as an alternative to making an upfront purchase. Not only could this save you forking out unnecessarily, but it could also be a space-saver in the office and ensure that you are not climbing over various monitors and modems that are not even in use.
It is particularly interesting to note that over 30% of the SMEs who were questioned did not have anybody in a specific role as IT manager, the head of the business simply accounted for all the IT needs as part of the role. Even though this set-up would not work in a larger company, for many SMEs this is perfect. It may be worth reviewing how vast your IT needs are before you appoint anyone to a position which is largely unnecessary, this approach could save a company that is potentially struggling from committing to another wage.
Business restructuring specialists
A number of businesses may find themselves in a financially distressed situation in 2013 as numerous economic indicators suggest the remainder of the year could present obstacles for SMEs across the UK.
Seeking advice from a company insolvency specialist could make a crucial difference in terms of how your company deals with the situation, companies such as this can provide practical solutions to numerous financial problems.
If you would like to have a free no obligation chat with one of our advisers please call us on 0207 186 1143.