Learn how to build an IT budget for your small business. Plan aHow to Create an IT Budget for Your Small Business
If you’re a business owner in Lubbock or anywhere in West Texas, building a solid IT budget for your small business might feel overwhelming. But a little planning now can save you thousands in downtime, repair bills, and stress later.
1. Refresh Hardware Before It Fails
Most devices should be replaced every 3–5 years. When you budget for replacements, don’t go cheap—spend a little more on upgradable hardware that will last longer. A smarter small business IT budget includes devices with on-site warranties. For example, Lenovo’s business laptops can come with service that shows up at your door.
2. Update Critical Software (and Plan for Windows 10’s End-of-Life)
Keep your software current. Budget for license renewals and updates, especially on critical apps like QuickBooks, medical charting, or management platforms. Windows 10 hits end-of-life in October 2025, meaning no more security updates. Now is the time to add upgrade costs to your IT budget.
3. Include IT Maintenance and Support
Set aside funds for proactive support—like patching, monitoring, and backup management. A predictable monthly IT cost is way better than an emergency. A good IT budget for small business accounts for managed IT services.
4. Create a Contingency Fund
Tech fails when you least expect it. Your IT budget should always have room for the unexpected—whether that’s a network upgrade or a replacement laptop.
5. Keep a Spare Device Ready
If your CEO’s laptop dies, you need a backup—immediately. Budget for a spare business-grade device or two. It’s one of the most overlooked (but smartest) moves in IT budgeting.
Bonus Tip: Don’t Wait for a Breakdown
Businesses that build a smart IT budget don’t just save money—they stay competitive. If you need help planning an IT budget for your small business, we’re happy to walk you through it.
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