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Recession proofing your business – the IT perspective

• hire IT costs
• Hire Software

Information Technology costs are always a concern for small to medium hire and rental businesses.

Here is a very good article looking at how you can look to reduce your IT costs.

We are all well aware of the faltering economy and it is no secret that a lot of businesses are looking to rationalise their expenditure on staff or equipment. Reports from media sources, such as the Australian Financial Review, estimate that the full brunt of the ‘recession’ is not expected to hit until the second or third quarters of 2009 [AFRPg. 55 Jan 23-26, 2009].

But tell-tale signs in the market as early as mid 2008 indicated that IT managers in many SME’s were told to scale back or, at least, review telecommunications and IT expenditure with a fine-tooth comb.

This time consuming and frustrating exercise can often bare little fruit when so many small-to-mediums are still ‘cap ex-ing’ computer hardware and software. With the little money spent on already thinly spread IT resources, where does one look to improve the IT department’s bottom line?

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