IT Asset Disposition

Why You Should Sell Your Used IT Equipment

Many businesses want to sell their used IT equipment, but they don’t know where to start. The good news is that if you’re here, you’re in the right place.

IT equipment affects every aspect of your business, and to keep it running smoothly, you might need to make some changes. Whether you want to make some extra cash or you need to update your entire office, there are many reasons why you might need to get rid of surplus IT equipment without wasting the money you put into it.

Many companies don’t think of selling their used IT equipment because it seems difficult and time-consuming. Recycling seems to be the default option, but there are many benefits to selling equipment that reaches far beyond the benefits your company receives.

Here are 7 Reasons Why Selling IT Equipment is the best option for your Business:

1. Save Our Environment

Admit it!

Scraping IT Equipment is an immense danger to the environment as it holds non-biodegradable metals & substances. This the reason why the IT industry is known for being the industry that is having the most adverse impact on our environment. The best way to reduce this massive impact is by selling your used IT Equipment as most of the used IT Equipment does have a longer life which should be utilized by selling it to a 3rd Party.

2. Additional Money for Your Business

No doubt about it

Who doesn’t like making extra money? By selling unused or decommissioned IT equipment, you could use the funds to purchase newer and more secure equipment. Buying new equipment for an entire office is undoubtedly expensive, and even if your company is doing well, a little extra cash can help soften the blow.

Your initial investment in your technology doesn’t have to go to waste, and your decision to sell your used IT Equipment can now give you the mobility you need to buy equipment that won’t need an upgrade for a while. Unused equipment doesn’t have to collect dust but can provide an additional source of revenue that you can use for a variety of things.

You could buy new office chairs for your employees or maybe use the money to incentivize your sales team! What you do with the cash is up to you, but you’re not gaining anything from the equipment until you sell it.

3. Free Up Valuable Space and Time

I know the feeling

If your business is downsizing, why should you keep all that extra equipment? By decreasing your IT inventory, you can transition to a smaller workspace without paying for additional storage for your excess equipment. Maybe you’re about to hire new employees, and you are storing extra IT equipment in some of your workspaces.

At that point, holding onto your equipment is hindering your business growth rather than providing a safety net. If your equipment is old and requires lots of maintenance, your workspace may also be experiencing a loss of workplace productivity.

It takes your IT team time to service your equipment, and that time may be better utilized in other endeavors. Not only is your IT worker losing time, but if the issues affect the server or networking hardware, your entire team could be offline until it’s fixed. The best way to avoid these problems is to sell your used IT Equipment before it negatively impacts your business.

4. Meet Your Business Demands

Think about this for a moment

If your business is expanding, your technology needs to change drastically. You may need larger storage systems to support your customer base and better security for your company’s data. You may have an influx of new employees that you need to add to your network, and your current networking equipment not be able to hold them all.

We all know how frustrating a slow hard drive or processor can be, and you don’t want to lose a customer due to slow computers. There are theories that speed of thought, productivity, and mood are interlinked, which means slow processing speed or connectivity could cause a decrease in your employee’s motivation.

If your software is slowed down from insufficient hardware, your workers may be inclined to surf the web while they’re waiting. In any case, you want tech that will be fast enough to meet your business demands and keep your employees happy.

5. Your IT Equipment Isn’t Getting Any Younger

Don’t even try to deny it.

We all know that the value of used electronics depreciates with each new model, and if you want the best return on investment, you should sell sooner rather than later. Keep in mind that you don’t always have to buy a whole new piece of equipment, and you can just refurbish certain components. For example, processors are particularly vulnerable to depreciation because processing power doubles every 2 years.

If you’re noticing that your office needs to increase processing power, but your computers otherwise are fine, just replace the processors. A good rule of thumb to follow for refurbishments is if they cost more than half the price of buying new equipment, you should just invest in new equipment. Also, keep in mind that older equipment costs more to maintain, so you may want to invest in new assets that won’t need upgrades for years.

6. Data Security

Yes, you read that right.

If your company is turning to the cloud for storage, you may need to change up your company’s hardware. You may be considering investing in newer and more secure hardware or getting rid of old networking equipment. Even if you’re just upgrading to software that requires faster processing power or memory, always remember that your customers rely on you to keep their data secure.

In 2016, it was discovered that 67% of hard drives sold on craigslist still contain personal data, and 11% contain sensitive corporate data. This shouldn’t discourage you from selling but encourage you to sell smarter than simply going to craigslist. You don’t want to end up like NCIX who sold servers containing 15 years’ worth of customer data. Your company’s data is extremely important, and you should invest in its security. If that means selling old equipment, make sure to find a trustworthy buyer.

7. It’s Way Easier to Sell IT Equipment Now

Here’s the Deal:

A sea of companies will buy your IT equipment because they know that used technology is still worth money. Even if your company wouldn’t buy used equipment, many see the benefits. You know how much you paid for your equipment when it was new, and sometimes your business needs an upgrade even if everything is still operational. The perceived difficulty of the task shouldn’t halt your desire to sell your IT assets.

IT Assets Liquidation companies like StarPC Excess make the process extremely simple because they do the hard part for you! You don’t have to buy intensive data deletion software or have to deal with any unsold equipment. You just tell them what you have, accept the purchase offer, then they pay you upfront and pick up your equipment for free! Instead of waiting around for buyers on craigslist or paying recyclers to collect your still valuable equipment, you get paid!