While telecommunications equipment and systems can be a big investment, the right solution allows your employees to communicate better, perform more efficiently and ultimately can improve the company’s bottom line. As 2017 comes to a close and you look forward to 2018, maybe you’re starting to think about ways to save money in the new year. Surprisingly enough, it’s actually possible to save when it comes to your company’s telecommunications costs. See some of our money saving tips below!
Keep your technology up to date
The telecommunications industry is rapidly changing and improving, and your in-house technology should evolve right along with it. Keeping your software and equipment up to date may allow you to avoid costly repairs and security breaches, and will allow your employees to work and communicate more efficiently.
Work with a trusted company
Finding the right equipment at the right price has a lot to do with the technology solution provider you choose. Look for a company that will provide you with custom solutions, keeping your organization’s unique needs and budget in mind.
Choose a monthly payment plan solution
Some telecommunications companies offer solutions designed to give you all the technology you need, for one monthly payment. You can benefit from an easy month-to-month voice-as-a-service option in order to reduce startup or upfront costs. Lattice is Warwick’s solution for a simple, monthly payment option.
Just like you can bundle certain utilities inside your home, such as cable and phone services, or home and auto with your insurance provider, you can also bundle your telecommunication services.
Write off the cost of your equipment
Did you know that in addition to the great deal you’ll get on when working with a trusted telecommunications company, there’s also a way to save come tax time? Section 179 allows business taxpayers to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy or lease a piece of qualifying equipment, you are able to deduct the full purchase price from your business’ gross income.
Equipment purchased on or before December 31, 2017 will still qualify for a write-off during the 2017 tax year so if you’re in the market for new equipment or an upgrade, contact us today!