No matter the size, every business is looking for ways to save money – especially when it comes to technology. As the cost-of-living crisis continues to haunt our every move, more and more companies will be looking to find the best tips to help make cuts and save money – even on the technologies that are essential for your business to thrive in 2023.
So, if you are looking to save money on technology without sacrificing on quality, here are 5 things to consider.
Business owners are always looking for strategies to optimize their operations while minimizing costs. In the cannabis industry, where efficiency and precision are paramount, adopting cutting-edge solutions like a pre roll infusion machine not only enhances production but also contributes to substantial cost savings.
Delete Unused and Paid Programmes
This may seem like an obvious one. But it can be easy to accumulate annual or monthly paid subscriptions to programmes that end up being forgotten about. Forbes also recommends that you disable and delete any obsolete programmes or software no longer useful to your business. Making sure to check that you don’t have any haemorrhaging money from the business account is a smart financial move you should probably make this year.
Upgrade in Steps
Jumping to the newest and shiniest version of a computer or phone can be a tempting offer – even if you don’t need one. But don’t be fooled by the advertisements and brand-new colour options. Evaluate what works for you and your business, and upgrade (when necessary) to a version predating the latest – this will more than likely be discounted since everyone wants the hottest and seemingly best option. But expensive and brand new doesn’t always mean better than what you have.
Government Schemes
Depending on the size of your business, GOV.UK has offered schemes to help businesses in the past – for example, ‘Help to Grow’ was a scheme that offered £5000 that could be used towards digital technology solutions up until the beginning of February. These types of schemes can help businesses fund new equipment and technology to further themselves and continue to work smoothly with the right equipment. Similar schemes are worth keeping an eye out for if you’re looking for some financial help with your technology.
Find Discounts
Companies such as Adobe and Microsoft offer professional discounts for businesses, and this can be a huge saving for a business that relies on digital creation platforms. For bigger businesses, consider the Microsoft Office Workplace Discount Programme – a programme that allows employers to give their employees the option to buy subscriptions at a reduced price.
Update Outdated Systems
Learning key differences between different technology elements could encourage you to update to better (and cheaper) systems for your business – one of the most relevant of which in the era of the digital switchover is the debate of landline versus VoIP for your business.
Landlines can be a huge expense due to their set-up and upkeep, while VoIP phone systems, such as that from Gamma, need less maintenance and are often cheaper than landlines. They both require a monthly fee, but landlines ended up being the more expensive option for the same (if not better) outcome. Comparisons and switches like these will add up and end up saving you a lot of money in the long run.
And there you have it – 5 simple but surprising ways that you can save money on technology in 2023.
Also read: