For businesses of all sizes, saving time means saving money, but perhaps for none does that ring truer than for small businesses. In fact, millions of them are tapping into technology to save time and, ultimately, money as well – to the tune of a staggering $67.5 billion a year – by using mobile apps, tablets, and smartphones in their day-to-day business activities.
A survey conducted by AT&T and the Small Business & Entrepreneurship Council revealed the following about Miami small businesses:
- Two-thirds (66%) of Miami small business owners reported saving at least three hours of time per week by using mobile apps. Of those, 21% reported saving more than 10 hours per week by using mobile apps.
- More than one-quarter (28%) of Miami small businesses reported saving at least $500 per month by using mobile apps. Of those, two-thirds (64%) reported saving $1,000 or more per month by using mobile apps.
- 97% of Miami businesses use smartphones to conduct business – which is above the national average of 94%.¹
- 56% of Miami small businesses reported their use of smartphones increased significantly in the past two years, which is 10 percentage points above the national average.¹
- 60% of Miami small businesses that use devices to help run their business and report their device use increased in the past two years say the reasons for an increase in smartphone usage is due to saving time. This is 10 percentage points above the national average.¹
- Of the Miami small businesses that report using smartphones to provide a competitive advantage to save time, 32% report 10 or more hours saved on average per week as a result of smartphones. This is 14 percentage points above the national average.¹
Among mobile technologies, the 2014 AT&T-SBE Council Small Business Technology Poll found that smartphones are saving business owners the most time (1.24 billion hours) and money ($32.3 billion) annually. Tablets (saving 754.2 million hours and $19.6 billion a year) and mobile apps (saving 599.5 million hours and $15.6 billion a year)¹are also providing small businesses with more time.
The 2014 AT&T Small Business Technology Poll was conducted with 1,042 small businesses from 48 states and the District of Columbia from March 26-31, 2014. More details can be found here