One of the first things we do when meeting with a new client is ask for a copy of their bill because often, (almost always) we find ways to save the business money. Not just a little…A LOT! These 3 clients from the past 2 months really stand out:
- Client A- $824 monthly savings
- Client B- $412 monthly savings
- Client C- $1,132 monthly savings
Seem a little unreal? 3 client behaviors contribute to overpaying:
- They don’t shop. Once per year, call other providers and ask for a meeting. What kinds of specials are they offering? What’s the newest technology available? Ask them to explain each line item of your bill and why you’re paying it.
- They have phones. Each of the 3 clients above were paying too much for their phone service. Phone service is less expensive and often a better product when you get away from the big companies. Add up all of your phone charges and divide by the number of phones. If you’re paying more than about $30, you’re paying too much.
- Too Much Internet. Very few businesses need more than 75/75 Internet speeds. They also don’t need dedicated fiber or a second internet line.
- Don’t sign multi-year contracts. Technology is changing too fast.
- Don’t fall for the “dedicated fiber is faster” line. There are advantages but the ROI for most small and medium sized businesses isn’t there.
- Let an expert look at your bill. E-mail me your last bill and I’ll look at it and make recommendations. No charge. I’m happy to help.
I know next to nothing about cars. When I’m buying a car or approving repairs, I know an expert I can call for help. You need an expert for your IT expenses. Always get a second opinion.