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As a small business owner, you wear many hats and have a wide range of skills. Unless you’re an IT guru, however, you probably have someone else take care of your IT needs. For many, that means keeping an IT person on staff or paying for hourly help, two less than perfect solutions.

If you’ve thought about managed IT services but haven’t pulled the trigger yet, here are four things that you should consider.

“. . . establishing a strong, strategic partnership with your MSP is essential.” – CIO

1. Cost

Small business owners worry about the cost of everything. You have to in order to keep your business running. Managed IT services may sound expensive but, in reality, they can offer you significant savings.

Businesses that switched from paying an hourly rate for IT to managed services saw their costs drop by up to 50% or more. 13% saw that level of savings, while 46% saw savings by 25% or more. A quick analysis of your expenditures and a consultation with a managed IT services provider (MSP) will reveal how much you can potentially save.

2. Security

Choosing managed IT services leads to better cybersecurity for your data. As you are painfully aware, hackers are growing more skilled at illegally accessing data. In the first three months of 2017, for instance, 950,000 records, including sensitive data, were accessed by outsiders, putting companies and their clients at risk.

By making the shift to a managed IT service provider, your company data will gain the protection of more sophisticated cybersecurity measures, making it less likely your data will be stolen.

“71% of SMBs are not prepared for cybersecurity risks.” – TechRepublic

3. Fast repairs

When your computers go down, your productivity can slow to a crawl or stop entirely. You can end up paying your employees for a day when they can’t get anything accomplished.

The cost of downtime can be monumental when you combine the lack of production and the harm to your reputation. In some instances, a company can lose approximately $84,000 for every hour their system is down. Even a one-person shop can sustain serious financial losses.

Managed IT services providers can immediately begin working on your IT problems. Because your MSP knows your system, they can quickly diagnose and address problems. An MSP can also identify other potential issues that might cause problems in the future.

4. Recovery

If your small business manages its own IT, you know that adequately backing up your system can be challenging. If your system crashes and burns, recovering your data can be costly. In fact, every year, 140,000 hard drives crash in the United States alone. Paying for a recovery attempt can cost approximately $7,500 for a service that may not be successful.

Any kind of data disasters can seriously harm your business. In fact, in the months immediately after a data disaster, 60% of companies go out of business.

Managed IT service providers make sure your data is backed up and easily recoverable. A disaster on-site at your business doesn’t have to cause long-term damage.

“With an MSP . . . you get to bring in the big guns and benefit from the resources and experience of a company focused solely on IT.” – Forbes

Are managed IT services right for you?

Managed IT services make sense for small business owners on a number of fronts. You can improve your bottom line by utilizing affordable, reliable outsourced IT help.

And really, that’s what it’s all about—equipping you to run your business as effectively as possible. If managed IT services help, then it’s worth your time to talk to a few managed IT services providers and see what options are available.