Young entrepreneurs and tech

Posted on 28 Jan 2015
Share Blog Post
Younger SME leaders invest more in digitalSMEs are planning to put an average of £85,000 into digital technologies and systems over the next 12 months, according to a poll by alternative lender Nucleus Commercial Finance. Some 46% of respondents said they have built or expanded their online offerings since the start of the pandemic, but expected digital spend climbs to £125,000 among younger, more tech-savvy SME leaders aged 18 to 34, compared with just £17,000 for older business leaders from age 55. Chirag Shah, chief executive of Nucleus Commercial Finance, said: “To ensure SMEs can build and implement their ambitious digital strategies, the Government and the lending industry needs to continue to provide support for SMEs and help them bounce back stronger in an accelerated digital age.”

View more blog posts

High taxes hurt
Posted on 23 Feb 2024
High taxes hurt
read more
High banking charges hurt
Posted on 22 Feb 2024
High banking charges hurt
read more
CGT ready for revision?
Posted on 21 Feb 2024
CGT ready for revision?
read more
Improving economy
Posted on 20 Feb 2024
Improving economy
read more
Back To Top
01604 660661