When was the last time you updated your technology in your small business? Have you upgraded your computers, servers, printers, scanners and software recently? A lot of small businesses rely heavily on technology to run and grow their small business, but often times have issues because it’s old, out-of-date, or doesn’t work at all.

A good starting point for identifying opportunities to refresh your technology is doing a complete inventory of everything you have, and how long you’ve had it. Knowing how many computers you have and how old they are, in addition to what operating system they are running, will allow you to make decisions on what to upgrade. Some computers may just need an upgrade to the operating system, while others may need to be trashed and replaced.

A full inventory of technology may include printers, scanners, telephone systems, video monitors, servers, smart phones, GPS systems and the list goes on and on. With such a long list of technology, it won’t be possible to replace everything at one time. Making decisions on what to replace, what to upgrade, and what to repair can help you save money and better manage your technology budget.

Small businesses often gain a competitive advantage by leveraging their technology. You can reap these benefits if your technology is operating correctly and serving the purpose you want. Refreshing your technology, especially in the beginning of the new year, will help you to avoid problems and enable your employees to do their jobs better.

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