Find out how increasing it could pay off for your organization.
Having too little bandwidth can have a BIG impact on the bottom line of your business. In fact, except for hiring inept employees or offering faulty products or questionable services, it can do almost more than anything else to limit your success.
This is an unnecessary issue because in many cases, getting access to more bandwidth can cost almost nothing, especially if you take advantage of discounts on internet connectivity.
The amount of bandwidth a company needs is based on several factors, including your number of employees, the amount of data you process, the software you use and how much equipment is connected to your network. One of the mistakes many businesses make is that they select a plan when they’re starting out and don’t revisit it as they grow. Over time, too little bandwidth will limit their ability to continue to succeed and grow in the future.
Here are five reasons why.
1. It limits your ability to collaborate.
The easier you make it for your team members to collaborate with each other, the faster they can complete projects while avoiding mistakes. (The more eyes there are on something, the less chance there is for errors.) Having limited internet connectivity is a particularly big issue if you have some people working remote. Even if you employ the most modern collaboration tools, having too little bandwidth to share information and assets through them reduces their effectiveness.
If you work in a field like marketing, law or engineering where collaboration is key, it’s a good idea for you to check to see if you have adequate bandwidth. If not, you could be limiting productivity and opening your organization up to errors. The experts at GeeksHD are available to help you do a cost-benefit analysis to figure out if added internet connectivity could pay off for your business.
2. It slows business processes.
Organizations are all about the processes that keep them running. If your current bandwidth is too small, it limits the ability for your employees to complete tasks. This makes your operation less efficient than it should be.
Adding bandwidth could make your workforce more productive and efficient. In other words, increasing it will allow you to do more with fewer people. This efficiency will be passed direct to your bottom line. It’s highly likely that the value of your improvements in productivity will be far greater than the costs associated with upping your bandwidth.
3. It causes crashes.
Is your network constantly going down? Do your coworkers get frustrated because their computers are always crashing? The first harms your productivity and reputation with customers. The second hurts worker morale and can cut into employee retention. Unhappy people are more likely to look for new job opportunities.
Crashes are often traced to bandwidth issues. When your network gets too many requests, it slows down to process them. Eventually, though, overloading the network makes it crash. Not only are you forced to waste time rebooting systems and equipment, you’re also delivering a bad customer experience and frustrating your employees.
You have to ask yourself: Is saving a little money on internet connectivity worth the harm it’s doing to your operation? The answer is probably not.
4. It harms website functionality.
Businesses are highly reliant on their websites to educate prospects, communicate with customers, sell products and provide services. This is especially true now that more business is being conducted in the virtual realm.
As internet speeds have increased, consumers have gotten used to websites that load instantly. Every second counts when it comes to website loads. The longer it takes for your site to come up, the more prospective customers will abandon it and move on to your competition.
Does it make sense to market your business online only to have customers give up when they try to connect with your website? Of course not. Spending more on increased bandwidth should be considered a critical component of your investment in marketing. You’re better off saving on other aspects of your operation rather than on connectivity.
5. It limits your ability to grow.
Technology has become increasingly important to business success. Firms that are able to leverage new options quickly crush the competition. It’s important for organizations to have extra bandwidth available to them so they can run with new ideas as they come up. You never want to be limited by having too little to try new things, including software, video and conferencing options. No one knows what tomorrow will bring. However, it’s critical to be prepared no matter what it is.
If you have doubts about your organization’s current bandwidth, the experts at GeeksHD are available to help you explore your options with you. We have access to discounts you may not be aware of that could actually reduce your costs while increasing your connectivity.
Every day you wait to contact us could be limiting your ability to succeed.