As Halloween approaches, Netflix and HBO will surely be promoting their best attempts to rile up your biggest fears. But if you are a business owner, a massive slate of unplanned expenses is probably scarier to you than anything a Hollywood screenwriter could possibly dream up. If this is you, and you’re not yet working with a Managed Service Provider (MSP), maybe it’s time to rewrite your own storyline to include a little peace of mind courtesy of the fixed IT costs that only an MSP can provide. So how does working with an MSP help you manage your money more efficiently? Let’s explore.

WHAT IS AN MSP?

An MSP functions as an external IT department that either manages or assists in building, maintaining, scaling, and supporting various IT tools, functions, systems, and processes. They usually function on a subscription-based service model with options for tier-based or à la carte options. 

PREDICTABLE COSTS

As we mentioned above, when you partner with an MSP, you know exactly what your IT costs will be every month. So, instead of attempting to calculate the endlessly shifting, variable costs associated with storage, security, and staffing, you can create a consistent budget for yourself by simply selecting the fixed-fee service model that fits the needs of your business.

ONLY PAY FOR WHAT YOU USE

But what happens if your budget fluctuates? With an MSP, you can simply scale up or down to match your needs. The result is a much more streamlined set of costs, where you never pay for solutions, technologies, or expertise you don’t need. And because MSPs are constantly staffed with top IT professionals and utilize the latest technologies and solutions, you’re still guaranteed to have the very best resources available to you whenever you need them.  

REDUCE HIRING COSTS

As any business owner knows, one of the biggest challenges in maintaining your own IT staff is attracting the right people for the job. But when you partner with an MSP, in addition to no longer having to pay the costs associated with onboarding, training, and benefits, you also don’t have to worry about recruiting and vetting top talent. Because working for an MSP provides a challenging and rewarding environment for IT professionals to flex their expertise, many MSP firms are constantly flooded with top applicants from a wide variety of technical disciplines, hoping to work for them. And once hired, of course, these talented professionals will be immediately tasked with helping you achieve your goals.

CREATE A SOLID STRATEGY

Even if you hire and train your own IT staff, you still need to be knowledgeable enough to give them a coherent plan. This plan should include managing cybersecurity, data privacy, data storage, regulatory compliance, and all the other responsibilities of maintaining a strategic technology plan. When, instead, you partner with an MSP, expert-level IT professionals are now on deck to streamline and develop these processes so that redundancies are eliminated, data is adequately protected, and compliance regulations are effortlessly adhered to. Not just today but for the foreseeable future as well. 

If your IT costs are starting to scare you and you want to explore more about how an MSP can help you manage your resources better, get in contact with Haselkorn Inc. ASAP.