New research has revealed that a “winging it” approach to technology is costing Australian small businesses a collective three point seven five billion dollars every year.
The report from Vodafone Business shows that while over half of local business leaders are optimistic about growth, many fear their current hardware and systems simply won’t keep up.
On average, unreliable tech is draining nearly thirty-eight hundred dollars from individual small business budgets annually. The data also highlights a shift in work habits, with sixty-seven per cent of decision-makers now working from personal spaces like the couc..
Experts warn that reactive tech planning—where owners wait for devices to fail before replacing them—is leading to lost revenue and unnecessary expenses.
