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PC Hardware Budgets

Reallocate your PC hardware budget to get the greatest impact.

If your recent financial results have been so spectacular that you feel now is the time to make significant technology investments in your company, consider the following.

Budget Surplus

You could reallocate the surplus funds for something else technology-related that you really need. This could be end user or administrator training, so your company can get more out of your PC hardware, software and networking investments. Planned wisely, training will do wonders to reduce your computer support costs and boost employee productivity.

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You also could earmark the budget surplus for upgrading and replacing PCs more regularly. Because entry-level PCs are often one-half to two-thirds less expensive than top-of-the-line models, you’ll still be way ahead of the game. Just don’t forget to factor in a few hours of configuration time for each PC upgrade, from an older to a newer PC.

Alternatively, maybe now’s a good time to upgrade your Internet access to boost its performance and dependability. Again, how you finagle your tech budget and related investments is a very individualized decision, but think big picture and don’t be afraid to break tradition.

Investment Mindset

Also, note here that I begin to use the word “investment” in this book. You must think about your PC-related purchases not just as one-time expenses but as traceable investments. And, as any capital expenditure, well-thought-out PC hardware purchases should provide a positive return on investment (ROI).

Don’t think of your PCs as office equipment. Your PC-related assets have a much greater impact on the success or failure of your business than a fax machine, photocopy machine, filing cabinet or water cooler. Technology investments can make or break a small business. So before you contemplate any major purchase, think about the cost and the benefits, as well as how you’ll measure these benefits.

 

Action Items

Does your company have a way to measure return on investment (ROI) for various capital expenditures? If so, do you currently extend this analysis to major technology purchases, such as PC hardware investments?

Are PC hardware purchases the first thing that comes to mind when you consider your technology budget?

What kind of end user technology training do your employees receive? What kind of technical training does your internal computer administrator, the internal guru, receive?

Does your company have a way to measure the impact of training programs on employee productivity and computer support costs?

Is the speed of your company's Internet access adequate, or do employees frequently complain justifiably about Internet access?

How reliable is your current Internet access service? How often does the Internet access go down in a given month? How long is a typical Internet access outage?

 

 

 

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