Many small business owners make the mistake of assuming that internet services are all the same. Essentially, they try to save money and opt for a more affordable internet package. Although saving money is paramount, skimping on something as significant as your internet could make your business a lot harder to run. When it comes to choosing the right internet service for your business among other factors, speed should be taken into consideration.

Why do you need high-speed business internet services? Internet speed, believe it or not, can impact various business functions you weren’t aware of. From response times and uploading speed to effective communication and collaboration, faster business internet services can seemingly improve the way you do business – which saves time and money down the line.

How many megabits are you paying for per second? Megabits per second is your internet speed. A quick Speakeasy speed test will let you know exactly how efficient your internet is, which will let you know whether it’s time for an upgrade.

Now, you might be thinking that the internet speeds your business is currently using has been working fine. You haven’t had too many issues, so why should you switch things up now? Below are a few reasons you may want to reconsider sticking with a slower internet speed:

1. Faster Response Times

As more businesses adapt to using online tools to streamline processes in the workplace, the need for secure, fast, and reliable internet is inevitable. Imagine your staff trying to operate applications like Google Apps, Microsoft 365, or Salesforce on a slow internet speed? While tasks can be done, it slows down productivity.

2. Improved Employee Productivity

Downtime, no matter how small it is, is money going down the drain. Faster internet speeds allow your employees to be more productive throughout the day. Sufficient bandwidths allow your staff to quickly collaborate with other employees, meet deadlines, access customer or client information, backup files, and more.

3. Reliability

Today’s business market is fast paced and is certainly no place for unreliable internet connections. While slower speed internet packages may seem most affordable, they can often be a bit more unreliable. Unreliability opens the doors for lost opportunities and a drop in productivity.  

4. Easier Collaboration

Collaboration is a huge part of project management these days. Many businesses rely on cloud-based services and online applications to delegate tasks and effectively manage a team. With faster upload speeds and bandwidth, employees can utilise cloud applications faster, share large files, and utilise communication technologies like online conferencing and screen sharing. Higher speeds mean faster completion of projects.

5. Online Marketing

Without a strong online presence, maintaining a successful business can prove to be challenging. Many companies are aware of this and invest in various digital marketing platforms to build their brand. From the company website to social media platforms, there are a lot of technological resources for branding your business online. However, with slower internet speeds, creating a website, posting to social media, and even sharing a newsletter will take a lot longer.

6. Business Communications

Most small businesses are turning to telecommunication solutions like VoIP phone systems. As you know, these phone systems are managed through networks and require high-speed internet for the best outcome. Dependable high speeds help to improve call quality. It also allows your business to take full advantage of other features like mobile integration, audio conferencing, and call routing without a hassle.

While you may be running your business “fine” on slower speed internet services, it can cause you problems down the line as your business evolves. When you factor in areas of business like marketing, communication, productivity, and collaboration, you can clearly see why paying attention to your internet speed and potentially adjusting is necessary. Speak with an IT professional about your business internet speed to determine if you need an upgrade.