Feeds

UK small.biz is bunch of IT cheapskates

Better things to spend money on

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Less than half (46 per cent) of Britain's small business owners and managers are planning to spend more than £1,000 on information technology in the next 12 months,

Even so, 70 per cent of these small businesses see investment in technology as a positive step and a “tool that can be harnessed to perhaps improve their working environment.”

Bibby Financial Services, which conducted the survey, said this disparity could be due to the fact that many owners and managers are worried about losing the personal touch with their customers and suppliers as well as keeping up to date with the latest technological developments.

Over a quarter (28 per cent) of owner managers stated they would much prefer to spend their money on improving their plant and machinery or capital equipment rather than invest in expensive new IT systems.

A further 22 per cent would prefer to spend money on a sales and marketing drive, while 17 per cent would prefer to give themselves and their staff a much-needed pay rise.

David Robertson, chief executive of Bibby Financial Services said the findings should strike fear in the hearts of the technology sector which was struggling to maintain sales in the current volatile economic climate.

“Too often in small businesses up and down the country, investing in IT is seen as a ‘necessary evil’ and is a grudge rather than an important step in improving business operations and processes.

“Often new computers or software packages are bought reluctantly without any real commitment to exploiting their capital investment to the full.

“The result is valuable resources and money going down the drain and a vicious circle being created in which all IT expenditure is considered wasteful – it is therefore vital it is carefully thought out and researched before the business parts with any hard-earned cash,” he said.

© Startups.co.uk is the biggest independent small business site in the UK. It has more than 2500 articles covering everything from taking on staff to dealing with VAT.

Related stories

Small.biz shuns IT recycling (mostly)
MS disses small.biz marketing efforts
UK.gov streams advice for Small.biz

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
10 Top Tips For PRs Considering Whether To Phone The Register
You'll Read These And LOL Even Though They're Serious
Stop ROBOT exploitation, cry striking Foxconn workers
HP downturn and automation eroding overtime on China's production lines
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.