How Managed IT Services Can Save Your Business Money - A Cost-Benefit Analysis
- Brian DeAngelis
- 5 days ago
- 4 min read
Why You’re Probably Overspending on IT Without Even Realizing It
If you’re still handling IT with an internal team—or worse, with one “tech-savvy” employee who doubles as your entire support system—chances are your business is losing money every month. Not just from payroll, but from lost time, missed opportunities, downtime, and stress.
Here’s the hard truth: tech problems aren’t just annoying—they’re expensive.
A single hour of downtime costs small to mid-sized businesses $10,000–$50,000.
60% of small businesses close within 6 months of a major cyber attack.
1 in 3 Canadian SMBs report losing data due to mismanaged backups.
That’s where Managed IT Services come in. Instead of building and maintaining your own IT infrastructure, you partner with a team that’s already done it—hundreds of times—for businesses like yours. You get better results for a fraction of the cost.
What’s the Real Cost of Doing IT Yourself?
Most business owners think IT costs are limited to staff salaries and the odd equipment upgrade. That’s just the tip of the iceberg.
Let’s break it down:
IT Staff Salaries: An average IT manager in Canada earns $90K/year. Add payroll taxes, benefits, training, and that number climbs past $120K.
Frequent Repairs: Waiting for something to break means you’re paying premium rates for reactive service, and losing revenue while it’s down.
Security Gaps: Cyber insurance claims for ransomware have doubled in Canada in the last 2 years. One misstep could bankrupt your business.
Productivity Loss: Every time your team struggles with email issues, VPN bugs, or sluggish Wi-Fi, your business slows down.
Hiring Woes: Finding (and keeping) quality IT talent is expensive and time-consuming, especially if you’re not a tech company.
In short, your DIY IT setup may be costing you more than a luxury SUV—and delivering way less value.
What Are Managed IT Services?
Managed IT Services means outsourcing the responsibility of maintaining, monitoring, and improving your tech systems to a specialized provider, like NETWORTH.
Instead of reacting to problems, a managed provider anticipates and prevents them. You get:
24/7 system monitoring
Automated backups
Cybersecurity protocols and compliance help
Helpdesk and user support
Software updates and patches
IT strategy and consulting
It’s like having a full-stack IT department on call—without the overhead.
The Benefits, Spelled Out (No Jargon)
Let’s get specific. Here’s how managed IT can improve your operations and cut costs.
1. Flat Monthly Costs, No Surprises
You’ll know exactly what you’re paying every month. That means:
Easier budgeting
No surprise invoices
Freedom from emergency repair fees
This predictability helps you stay lean and profitable.
2. Less Downtime, More Output
When your systems are monitored 24/7, issues are caught early—before they snowball into expensive outages.
Automated alerts and fixes
Remote troubleshooting
Fast support from real people
This means your team stays focused, your systems stay live, and your customers stay happy.
3. Built-In Security
Managed providers like NETWORTH bake security into everything:
Endpoint protection
Email filtering
Multi-factor authentication
Threat detection
Backup & disaster recovery
With over 70% of cyber attacks targeting SMBs, this isn’t optional anymore—it’s survival.
4. Instant Access to Experts
Instead of Googling error codes or waiting on a freelance tech, you get direct access to certified IT professionals.
Need to expand your team’s remote capabilities? Migrate to the cloud? Prepare for an audit?
Handled.
5. Pay for What You Use (Not What You Don’t)
As your business grows, your IT needs change. With Managed IT, you can scale up or down without buying new servers or hiring more staff.
You only pay for the services you need—no waste.
A Real-World Example: How One Business Saved $38,000
A mid-sized architecture firm in Toronto partnered with NETWORTH after years of running their own IT in-house.
They eliminated two full-time IT roles
Reduced downtime by 70%
Avoided a ransomware attack that would’ve cost them more than $150K
In the first year alone, they saved $38,000—and now have faster systems, better support, and peace of mind.
The Extra Benefits You Don’t See on the Invoice
1. More Time for Your Team
Your staff was hired to do their jobs, not troubleshoot printers or figure out why the server is down again. Managed IT gives your people their time back.
2. Better Decision-Making
With strategic IT advisors in your corner, you avoid shiny object syndrome and invest in the right tools at the right time.
3. No More Panic Mode
Say goodbye to late-night crashes, data loss scares, or being stuck when your tech breaks. Support is always a phone call or chat away.
Signs It’s Time to Make the Switch
Not sure if Managed IT is right for you? Ask yourself:
Are your tech issues becoming more frequent?
Is your IT staff stretched too thin?
Are you nervous about cybersecurity?
Are your IT costs rising faster than your revenue?
Are you unsure whether your data is properly backed up?
If you answered yes to any of these, it’s time to take a closer look at Managed IT.
Why NETWORTH?
NETWORTH has been helping businesses across the Greater Toronto Area and Southern Ontario run leaner, safer, and smarter since 2004. We don’t do cookie-cutter IT—we build customized plans around how your business actually works.
30-minute guaranteed response time
Local team you can reach by phone (no overseas call centres)
Proactive maintenance to prevent problems before they happen
Whether you need full-service management or just backup support for your internal team, NETWORTH builds solutions that scale with your goals.
Want to Know What You’re Really Spending on IT?
You might be surprised. We’ll show you what your current IT is really costing—and where you could be saving.
Your business runs on tech. Let’s make sure it’s helping you grow, not holding you back.