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BizHelp24 Edition No. 181
Thursday 19th April
2007

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April 2007 - Small Business News

 

Can Broadband Help You Get a Better Work Life Balance?

Can fast internet access help to increase the amount of time you get to spend with your family and friends? The answer according to a new survey is yes… 

Eighty two per cent of the UK’s small business owners with broadband report a better work-life balance thanks to their internet connection, according to research from BT Business.

The research found that a combination of broadband services and faster connection speeds have increased mobility, enabled remote access and encouraged flexible working amongst UK entrepreneurs.

The report, aimed at understanding what drives the UK’s 4.27million businesses employing less than 50 people, looked at a range of topics including what motivates the decision makers, what worries them, business productivity and use of technology. 

Broadband is revealed as a key enabler in flexible working, with more than three quarters of businesses surveyed (78 per cent) citing speed and flexibility as the reason for broadband uptake. The report also shows that one third of smaller companies (33 per cent) and almost half of sole trader businesses (48 per cent) are starting to create a better work-life balance, by spending a greater proportion of their working hours away from the office.
    
More than 95 per cent of people questioned had broadband in their home, allowing them the freedom to work away from the office with alternative working patterns better suited to the demands of their lifestyle and commitments than the traditional 9-5.
   
The research found that broadband services, such as Voice over Internet Protocol (VoIP), are also improving work-life balance. Forty-eight per cent of small businesses expect to be using VoIP this time next year, with one third of 31 to 50 employee businesses recognising that mobility, including remote access and flexible working, is the reason to use internet calling services.
    
When buying services for their business, smaller company owners see reliability as the most important overall consideration (37 per cent), closely followed by value for money (35 per cent). Only 12 per cent of companies questioned saw cost as a primary decision factor.
    
Bill Murphy, managing director of BT Business, said: “Britain’s small businesses are critical to the health of the UK economy, and broadband is becoming central in helping them to thrive without compromising other aspects of their lives.
But if your livelihood and your work-life balance can be significantly impacted by the technology you choose, then that technology has to be designed specifically for business… This report shows that SMEs understand that when it comes to buying business services, reliability and value are paramount.” 

Visit our Internet and Technology portal for more information on how technology can benefit your business.


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BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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