Call us today

SMEs are losing money by not having a website

Get in touch today - call Kent on 01634 570 390 or Surrey on 01737 370 493

Book a FREE consultation

If you would like to get some impartial advice, simply book a free consultation and we'll get in touch with you as soon as we can.

SMEs are losing money by not having a website

According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence.

A report by website maker Wix found that SMEs could be missing out on as much as £35,000 per month by failing to follow even basic online steps.

Surprisingly 40 per cent of British businesses still have no online presence, whilst one in three of those that do have a website, are still not fully digital.

The study which looked at more than 500 key figures from UK SMEs found that businesses that are completely digital (using digital tools like invoicing and payments, customer service, chat, and automation) saw their revenues increase by an average of £35,000 a month.

The rise was largely due to digital tools being able to save time and resources, freeing workers up to complete more profitable tasks.

Despite this, many firms still choose to keep certain tasks offline, including customer service, administration, bookkeeping, payments and invoices, and marketing services, despite the wide variety of software available online.

Just under a fifth of SME owners claim that being able to maintain the latest technology was their biggest concern when considering increasing their online presence.

Matt Rosenberg, Director at Wix said: “For an SME owner, moving your business online for marketing and management is good for exposure, productivity and efficiency, and the results will be evident on the business’ bottom line.

“SMEs in the UK would be of benefit to strive for peak efficiency and bringing their business operations fully online would do just that. The great news is that it’s easier than ever, even for small businesses and entrepreneurs, to migrate their businesses to function fully online in a cost-effective manner.”

Top

Urgent COVID-19 Notice
Working From Home

Our first priority is the health and well-being of our team and our community. Therefore, with a heavy heart we have made the decision to temporarily work from home with immediate effect.

We are listening to the government’s daily updates, taking each day as it comes, and will reopen our offices as soon as it is safe to do so.

If you have any questions or need to discuss any issues at all please do email or call us on our usual number 01634 570 390.

The general email is enquiries@orchardaccountants.co.uk.

We hope everyone is keeping well and staying safe.

This website uses cookies to enhance your browsing experience... moregot it