One of the most dreaded things for me is dealing with budget, more so when I do not have visibility into the budget. So many times have I requested something and been told “it’s not in the budget”. Has this ever happened to you? What if your job is the budget? Are you using a bunch of tools to keep track or a custom excel sheet?
You are a small IT shop or small business, and IT budgeting is new to you, where do you start? Have I got good news for you, the folks over at turbonomic have created a FREE IT budget template. I personally love starting with templates as they give me a starting point and save me time.
This IT budget template was developed between turbonomic and some of it’s customers, meaning the real world value is there. I have seen other templates before and I have to say this one is a great starting point.
As a small business or even figuring out finances for a home lab setup here are some things to keep in mind.
Software Licenses – Software is the pinnacle of IT spend, There are some with yearly support costs, initial buy pricing, yearly renewals. Keeping track of this will help you maintain and plan your spending. More importantly you may find that you are over spending on licenses that you are paying for and could result in a savings.
Infrastructure – The cost of buying servers and storage is definitely something you want to plan for in your budget. Not only do you have to account for the cost of the infrastructure, you have to plan for the support contracts on that.
Training – The most important part of your finance to plan for and most over looked. The best way for your company to get the most out of both your software and infrastructure investments is deeper understanding on how to utilize it to it’s full potential.
Staying on track of your budget is vital, I wanted to share this free template from turbonomic with you all, as it can help you. Did I mention it was free? I love that part and yes I downloaded it myself and will say it is done very well. Simple to understand, if you are a beginner or just want a better way give it a look.