Do you need a business internet account?
But why exactly would you need a business internet account in the first place? A simple service that a residential property would normally provide may seem like enough to service your business, but it often comes with its own drawbacks. For example, residential broadband accounts may be limiting with respect to your speed and data cap.
The different types of Internet service
There are numerous different Internet service products available on the market, which can be confusing for first-time merchant account seekers. Internet service providers have incentives to sell you the flashiest and most expensive service they offer, something that may or may not be necessary for your specific business. We’ll get back to the various considerations you may need to make in this regard shortly, but first, it’s important to understand exactly what most ISPs offer.
The main tangible distinctions between the services come down to the method of connectivity. Most mid-range Internet services are provided through coaxial copper cables that carry data; Coaxial cable, or coax, is an extremely common find in homes and large-scale communications sets.
However, fiber optic cable has surpassed coaxial cable in terms of capacity, and data is transmitted as light instead of electricity. Fiber optic cables provide higher speed internet with less slowdown due to high demand. However, the cost is sympathetically higher.
Choose the right service
So how should you choose the right service for your business? There are several different factors that you need to take into account, which relate not only to the material qualities of each service, but also to the needs of your business in the short and long term.
The first of these factors to consider is your specific use case and requirements. Are you servicing a small office or a large scale work environment? Does your business require the Internet for simple intercom and data entry, or do you intend to interconnect with other departments and regions for cloud collaboration purposes? Alternatively, your business might need to transmit large volumes of information, either in the form of big data for analytics or as part of web hosting and server architecture.
The larger your intended use, and the larger your staff cohort, the more likely you are to need a high-bandwidth fiber optic connection. If your needs are light, or if your budget is relatively lean as a start-up, you may be fine with a simple broadband connection.