Quantcast
Subscribe to our newsletter

Online savvy SMEs expect growth

The March 2014 MYOB Business Monitor report reveals that the gap between SMEs who are online savvy and those who are online-cautious is widening.

Online savvy SMEs expect growth
smsfadviser logo
  • admin
  • March 26, 2014
share this article

In the year to February 2014, a higher proportion of online-savvy businesses reported revenue growth and expect future revenue growth than those without an online presence.

Almost half of SMEs who use cloud technology and over two fifths with a website and a social media site reported increased sales or work in their short-term pipeline. In contrast, slightly more than one quarter of SMEs without a website reported more pipeline work.

The study of 1,032 SMEs also found an increase in the use of online technologies. The proportion with a website is now 42%, up from 38% six months ago. A similar trend occurs for those using social media (39%, up from 33%), and cloud computing (33%, up from 16%).

MYOB-Business-Monitor-Digital-Nation-InfographicLR

 

 

 

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles