Sometimes I find something for a low price and use the product for years with no problems. But other times a product that I bought at a ridiculously low price breaks constantly and reminds me daily of what a bad deal it was.
Before you spend any money on new equipment or modify your existing equipment, consider a few questions.
Will the new equipment help you save time?
Each month when I see my cell phone bill, I cringe. It’s more than I want to spend, but it’s worth the amount of time my iPhone saves me each month. When my clients need information or photos, or have any questions, I’m able to respond quickly.
Consider whether a new smartphone will improve your productivity. Then consider the other equipment in your home office. An all-in-one machine that prints more sheets than your current printer, can cut your printing time and printing costs significantly.
What’s your budget?
Can you afford to buy the latest, greatest, top-of-the-line computer or will you have to settle for a less expensive, less effective system? If possible, wait until you can afford the more reliable, better-performing system. The money you spend now, will help you save time later on.
Will you know how to use the equipment?
If it’s going to take you six months to learn how to use something, or if you’re like me and you refuse to read manuals, be willing to pay someone to teach you how to use the equipment immediately. Either pay a high school or college kid to figure it out — trust me, they can do it — or use a professional service like Geek Squad. Keep in mind that it takes time to save time, but the time you save can affect your bottom line.
When you own your own business, every penny counts. You may think that you can’t afford to upgrade your equipment, but in some cases, you can’t afford not to upgrade.
Which piece of equipment in your home office helps you save the most time?