Many of our clients struggle with where to invest their funds on a new project. It always comes down to deciding whether to spend funds on a scoreboard’s infrastructure or its gear. Ideally, you’d be able to spend an equal amount on both the structure and the technology, but there usually has to be some give and take.
Here are a few things to consider when deciding where to spend your funds:
Hopefully, some of these tips will help you and your team decide if you need to keep, add, or subtract infrastructure or gear to achieve your short-term and long-term goals. Planning ahead will help keep perspective of cost in regards to the complete project when making these decisions.
A good rule of thumb for a scoreboard with minimum technology is 7-12% of the entire project, or for maximum technology, closer to 13-20% of the total project. These numbers may seem high at first, but remember, in modern times, technology isn’t an accessory, but essential to the organization’s existence and growth. Stay brand agnostic but solution-based and you will come out a winner every time.