Don’t have a small business website? You could be missing out on £20,000 per year!

A new study has revealed that UK companies without a small business website could be missing out on £20,000 in extra profits per year.

The research, carried out by e-commerce website eBay, showed that if these businesses started trading online they could generate a combined revenue increase of up to £20.2bn every year. This would lead to a boost of £8.4bn per year to the UK economy.

A 2015 study showed that 60 per cent of small businesses in the UK still don’t have a website, with a fifth of those owners missing out due to worries surrounding the costs involved. However, a small business website doesn’t have to cost the earth. It’s now possible to develop your own online presence without expert coding knowledge, using simple pre-designed themes on websites such as WordPress.

Other concerns raised by small business owners included online security and the time required to maintain a website. 40% of those surveyed also had no social media accounts for their business, meaning that their business had no digital footprint whatsoever.

Online sales are now an affordable way to boost your business profits. Handepay provide e-commerce platforms designed with your small business website in mind. With free integration and technical support from a dedicated UK team, we provide a cost-effective and simple way to help your business start taking payments online.

Get in touch with us today and discover how our ecommerce platforms could help you create the perfect small business website.

Financial disclaimer:

Terminal hire contracts are provided by Merchant Rentals Limited, who is authorised and regulated in the UK by the Financial Conduct Authority (FCA) for Consumer Hire under FRN 720500. Terminal hire can be for consumer hire and non-regulated hire contracts. Please check your contract carefully for details. Regulation of all consumer hire fall under the control of the FCA.

Handepay Ltd is authorised and regulated by the FCA for Consumer Credit under FRN 673564. Handepay is a credit broker for consumer hire not a lender.

Handepay acts as an introducer of card acquiring services on behalf of EVO Payments UK, the card acquiring service provider. EVO Payments UK is the trading name of EVO Payments UK Ltd, a payment institution that is authorised and regulated by the Financial Conduct Authority (FRN number 959332).

Existing Cards Businesses- The one-month rolling terminal hire contract from Merchant Rentals is only available to businesses that are switching from their current acquirer to EVO Payments UK arranged through Handepay.

New to Cards Businesses- The 12-month terminal hire contract from Merchant Rentals is only available to businesses that are new to card payments and wish to receive acquiring services from EVO Payments UK, arranged through Handepay.

The Next Day Banking Settlement service provided by EVO Payments UK incurs an additional fee of £4 a month on top of your acquiring service charges and fees. Provided your card machine performs a reconciliation before 12am (midnight), you’ll receive settlement of funds the next banking day.

Editorial disclaimer:

The information we provide does not constitute financial advice and might not apply to your business. Always carry out research into your business’ needs when choosing a new merchant services provider.

Sometimes, we link to other third-party websites to provide you with additional information. At the time of publication, we consider the information accurate, however, we do not have control over their content and are not responsible if any information on these websites change.

The products we display on our website are for illustrative purposes only - if your business requires additional facilities, you may receive a different model than advertised.

All of the information contained on this website, including fees, services and functionality, are correct at time of publishing. E&OE.