Tag: small business
5 ways AI can help with your small business
The AI boom is set to spread far and wide in 2024, with a reported 77% of global businesses using the technology. However, it’s reported that only 29% of startups/small businesses have adopted the tool so far, citing lack of expertise as their main reason for not doing so. Interestingly, a survey of 3,000 business owners…
Half of small business owners don’t know how to market firm
Nearly half of small business owners are completely unaware of how to market their firm, according to new research. The study of 500 leaders of small to medium-sized organisations found 42 per cent have no idea how to create an online profile, which could have a positive effect on promoting their business. And a staggering…
6 Essential Software Tools for Small Businesses in 2020
While the big corporations are taking over markets with extensive and custom-designed software, small business owners often feel like they can’t compete. That, however, is not true. There are plenty of services that smaller companies can use to operate more smoothly. It is all a matter of finding the right tools. Here are the six…
1 in 4 small business owners believe they will go bust in 5 years
A quarter of small business owners believe their company will go bust within the next FIVE years with late payments, cyber-attacks and tax rates listed as just some of their biggest fears. Other challenges include the cost of staff recruitment (19 per cent), maintaining or increasing levels of productivity (31 per cent) and uncertainty over…
Small businesses told to train up ‘cyber security champions’ to stop hackers
Small businesses should train up “cyber security champions” to better protect themselves from the threat of cyber attacks, new government research has suggested. A report by the Department for Digital, Culture, Media and Sport and the National Cyber Security Centre (NCSC) claimed that in the case of more than half (57%) of businesses who had…
Apps vital to survival of small businesses, study finds, but cloud remains alien to many
About one-third of small businesses say they would find life very difficult if they had to make do without their mobile apps, suggesting new technologies are becoming a vital business tool. However a divide is emerging amongst small business…
