Partner Article
SMEs can’t live without the internet, says survey
IT MAY come as no surprise to SMEs in the North East that a new survey has found broadband internet access is more important to the UK’s small businesses than gas and water supply.
That is according to a survey of over 657 small business owners conducted by small business telecom and broadband firm XLN Telecom.
When asked to rate which services are essential to the running of their company, 77% cited telephone, followed closely by electricity (76%), then business broadband (67%), water (39%) and gas (19%). In response to the issue of whether broadband is critical to the running of their organisation, 76% of SME owners stated that it was an essential tool for them.
The value of broadband to UK small businesses has increased dramatically over the past decade; 61% said that it was important 2 years ago and - 42% stated it was critical 5 years ago, compared to only 11% who felt access to the internet was a core requirement 10 years ago.
Despite the clear business case for broadband, 37% of respondents were unsure of the broadband speed provided by their current supplier.
In terms of how business broadband is used, email tops the list, used by 91%, followed by online banking (62%), conducting research (61%), general administration (42%), external customer relations (25%), VoIP (10%) and training (9%).
XLN’s founder and managing director, Christian Nellemann, said: “A decade ago, SMEs were very much at the end of the broadband trail but, as the results of our survey show, this has changed dramatically. Today, the vast majority of companies of this size simply cannot function without business broadband, and decision makers have a right to call for packages suited to their organisation in terms of scale, service and cost.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?