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How to Budget for IT Support

This post is the last in a series about budgeting for IT costs. Previous topics include budgeting for equipment and budgeting for people and growth

The final piece of building your annual IT budget is to determine how much you should budget for IT support.  CIO Magazine lays out some good rules of thumb in this article.  On average, they found that SMBs spent 6.9% of revenue on IT.  Keep in mind that this is total IT cost – not just support.   

 

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How to Budget for Technology Costs as an SMB

Hard to believe it’s almost the end of the fourth quarter of 2015! This is usually the time of year when people reflect back on the past year and start to plan for the new year - including budgets.

IT and technology costs can often be overlooked when budgeting for the next year. Here are a few items to keep in mind when setting your budget (we're primarily covering hard costs here, but just as important, is IT support to ensure your technology is actually working for you).

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