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.