Most small businesses do not create an IT budget. We renew services when they come due and make IT spending decisions as they arise.
Without an IT Budget, every IT spending decision is out of budget.
Rather than following or adapting plans, every IT purchase is an exception. Each new expense is an unplanned impact on your company’s finances and creates a negative bias for our decision-making process. We measure the benefits against the near-term impact on cost and profits, rather than a more strategic look at the longer-term return on investment. Unbudgeted spending challenges our our fiscal expectations even when we know the spending is necessary, even critical, to our success.
This eBook provides a 5-step process for IT Budgeting that will help you effectively plan and manage your IT spending.
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