Slow Broadband is Biggest Time Waster for Small Businesses
Employees in small enterprises are said to be losing 15 minutes every day due to poor broadband connections
Slow broadband speeds have become small business’ biggest time waster, a new report by Virgin Media Business has revealed.
Surveying 1,000 small business decision makers, the report found that the average employee in a small firm loses 15 minutes every day due to poor internet online connections.
While over half (57%) of small businesses say they now couldn’t function without the internet, slow connection speeds are now tied with customer service queries as having the biggest impact on work productivity queries.
Over a third of businesses surveyed (34%) said they believe a faster internet connection would accelerate their growth overall.
Peter Kelly, managing director of Virgin Media Business, said: “Small businesses are the lifeblood of the UK’s economy but need the right tools and technology to thrive.”