One of the big pluses of running a home-based business is the lack of costs. Low initial investment and overheads mean that you can build up certain home businesses without loads of resources. It makes sense, then, that many business owners start off with low-end laptops to meet their basic needs. But as your business gets off the ground, should you look to upgrade your computer for something with higher specs? The answer depends on what you need it for and whether you can afford it.
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Should You Invest in A High-End Laptop For Your Home Business?
Do You Need A High-End Laptop?
The first question to ask yourself is what do you need your laptop for? This will very much depend on the type of business you are operating and the tasks you will be performing. This will determine the price range of your ideal purchase.
Of course, business class laptops cost a lot more than consumer level models. You can expect to pay around $400 – $600 for a decent Chromebook or a mediocre Windows machine. This tier of a business laptop is suitable for basic tasks such as social media marketing, browsing and Microsoft Office work.
If you are looking for the best business laptops, you will have to spend a great deal more. The latest MacBook Pro will set you back around $2,000, as will the HP Spectre Pro 13. Both are extremely capable business machines that will perform well for many years to come. Around $600 â€“$900 will get you a laptop somewhere in the middle, and itâ€™ll still have all the necessary business features and specs.
Price Is Right?
When you first started your business, you might have bought a cheap laptop. If thatâ€™s the case, itâ€™s worth upgrading to a machine that will last, and you will probably be looking to spend in the $400+ range. If you need a specialist laptop, then you may need to spend $1,000 – $2,000.
Consider the financial aspects of the investment before going out and buying a laptop. Can you afford to make the purchase yourself, or will you need to fund it with a business or personal loan? If you have a negative credit rating, you can still get a bad credit loan with companies like Spotter Loans. If you do take out a loan, you will need to make regular repayments with interest, so the laptop needs to bring real value to your business.
Identify how much value the purchase will add and whether it will be worth it. Will, it led to the creation of better products or services, or directly lead to more sales and profits? If so, then the high-end laptop is the way to go.
Laptops for Different Businesses –
Business laptops tend to have higher quality components, better specs, and business-appropriate features such as encryption tools. They also have less fluffy applications bogging down the OS.
There are many factors to consider when buying a business laptop. A decent business laptop should increase your productivity with cutting-edge tools and multi-tasking functionality. It should also offer mobility and durability. That should be a given no matter what you are using your laptop for.
You may need to consider special functions according to your industry. For writing or freelance work, you might only need simple Office tools. If you are creating high-definition videos, then you will need to make sure your graphics are up to spec. The same goes if you are making architectural drawings or product designs using CAD.
You might need ample storage to deal with PowerPoint presentations or megapixel photos. You could require a quad-core processor to run many applications at once. Your laptop should meet the demands of the tasks that you need it for. Be sure to balance functionality and cost to find the right laptop for you!