Before you call anyone or buy anything, here are concrete steps you can take to figure out what is causing your slowdown. I walk business owners through this all the time, and it usually takes about 15 minutes to get a clear answer.
Step 1: Run speed tests at different times
Go to speedtest.net or fast.com and run a test at three different times: early morning (before 8 AM), around noon, and mid-afternoon (2-4 PM). Write down both the download and upload numbers each time. If your morning speed is 150 Mbps down and your afternoon speed drops to 40 Mbps down, that is shared bandwidth congestion. Your equipment is not the problem.
Step 2: Test with a wired connection
Plug a laptop directly into your modem or router with an ethernet cable and run the speed test again. If speeds are fast when wired but slow over Wi-Fi, the issue is your wireless network, not your internet service. This could mean your router is outdated, your access point is in a bad location, or there is too much interference from neighboring networks. In a commercial building with thick walls or lots of metal, Wi-Fi signals degrade fast.
Step 3: Compare upload and download
Look at the ratio between your download and upload speeds. If download is 200 Mbps and upload is 10 Mbps, that is a 20:1 ratio. That is typical cable. If your business relies on cloud applications, video calls, or VoIP, that upload number is going to be a bottleneck no matter what time of day it is. A healthy business connection should have at least a 1:1 ratio (symmetrical), or at minimum upload should be 50% of download.
Step 4: Check your modem and router age
Modems and routers do wear out. If your modem is more than 4-5 years old, it may not support the latest DOCSIS standard your provider uses. An older DOCSIS 3.0 modem on a DOCSIS 3.1 network will bottleneck your speeds. Check the model number on the bottom of your modem and look it up. If it is rated for DOCSIS 3.0 and your provider offers 3.1, that is an easy fix.
Step 5: Restart your equipment the right way
If you are going to restart your modem and router, do it in the right order. Power off the modem first, then the router. Wait 30 seconds. Power the modem back on and wait until all the lights are solid (usually 2-3 minutes). Then power the router back on. This forces the modem to re-establish its connection to the provider's network cleanly. Just cycling the power on the router alone does not do much if the issue is upstream.
Step 6: Look for bandwidth hogs on your network
Log into your router's admin page (usually 192.168.1.1 or 192.168.0.1 in a web browser) and look at connected devices. You might be surprised. Employee phones streaming music, a smart TV in the break room playing Netflix in 4K (which uses about 15-25 Mbps by itself), security cameras uploading footage to the cloud, automatic software updates on every computer. These add up. One 4K stream and a few cloud backup processes can eat 50 Mbps without anyone noticing.