Businesses that rely on bricks rather than clicks are a third more likely to fail than those that have gone online.
That's the conclusion of a report by business services firm RSM Tenon which also found that offline businesses were losing out on as much as 37 per cent in additional annual revenue.
Despite internet purchases increasing by more than a fifth last year, the report claimed that nearly half of small businesses still hadn't built an online presence and were losing out as a result.
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