online revenue

British Small Businesses Generating 36 billion Online Annually

But knowthenet NetCheck research shows that they are not reaching potential of Internet channels British small businesses are now generating online revenues in excess of £36bn a year, according to new independent research published by online advice site knowthenet.org.uk today. However, this only makes up 2.4% of small business turnover, where larger enterprises attribute up to 18.7% of their turnover to online channels. An online poll of senior decision makers of small businesses supports this: over half of British small businesses (51%) report they are making money online, but a significant percentage (46%) don’t make any revenue online and over a third (38%) don’t invest in any Internet tools to help them do so. In both cases, small businesses are defined as companies with 0-49 employee... »