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Cumberland and Westmorland Herald
  • News
    Long-awaited go-ahead for A66 dualling scheme

    Long-awaited go-ahead for A66 dualling scheme

    Extinction Rebellion protest outside insurance brokers

    Extinction Rebellion protest outside insurance brokers

    Lake District mountain rescue volunteers called for missing man searching for lost phone

    Lake District mountain rescue volunteers called for missing man searching for lost phone

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    Man arrested after assault in Penrith town centre

    Changes to lease accounting – how will this impact your financial statements?

    Changes to lease accounting – how will this impact your financial statements?

    Man fined £100 for using cashpoint in car park

    Man fined £100 for using cashpoint in car park

    Honour for man who devoted his life to Greystoke

    Honour for man who devoted his life to Greystoke

    Sheep breeder’s successful debut at Royal Highland Show

    Sheep breeder’s successful debut at Royal Highland Show

    Global engineering firm Babcock supports Eden charity

    Global engineering firm Babcock supports Eden charity

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    Penrith skipper Nicky Burns calls on team to keep winning

    Penrith skipper Nicky Burns calls on team to keep winning

    £100,000 target for new changing rooms extension

    £100,000 target for new changing rooms extension

    Medal success for Upper Eden tug-of-war team

    Medal success for Upper Eden tug-of-war team

    Eden man competes in Hyrox World Games

    Eden man competes in Hyrox World Games

    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

    Patterdale’s Eden Eagles make history

    Patterdale’s Eden Eagles make history

    Penrith teen crowned British vault champion

    Penrith teen crowned British vault champion

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    Penrith gymnasts represent North of England in finals

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    New boss revealed for Penrith AFC

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Home Expert advice
This article appears as part of a paid partnership with Armstrong Watson

Is your business surviving or thriving in the digital age?

By Glenn Clifford-Perkins, accounting partner, Armstrong Watson

by CWH
3 January 2024
in Expert advice, News
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Glenn Clifford-Perkins, of Armstrong Watson

Digital technology is crucial for businesses to succeed, and by embracing the digital world, your business is more likely to thrive and achieve sustainable growth.

Research suggests the smallest businesses in the UK could generate an additional £77.3 billion in revenue (almost £15,000 on average per business) and create 885,000 new jobs if they digitised at the same rate as the top 20% of tech adopters.

Overcoming the ‘digital drag’

Digital drag refers to the energy and resources businesses lose when they don’t adopt digital tools. This can lead to increased costs, reduced productivity and missed opportunities.

Overcoming the digital drag can be straightforward and many businesses are beginning to recognise the benefits of adopting digital tools.

You can transition your business into the digital era by taking a few simple steps:

  • Identify digital needs
  • Choose user-friendly and affordable digital tools
  • Train employees to use digital tools effectively
  • Adopt a digital mindset that prioritises innovation and change

Advantages of adopting digital tools and practices

  • Overcoming digital drag provides businesses with numerous benefits including:
  • Increased revenue: Automating tasks, improving customer service and expanding market reach can boost revenue.
  • Reduced costs: Eliminating manual processes, minimising errors and enhancing efficiency can lower expenses.
  • Improved productivity: Digital tools can automate tasks and provide real-time information, leading to increased productivity.
  • Greater customer satisfaction: Enhanced customer service and convenient interactions can foster improved customer satisfaction.

The digital age is here to stay, and if you embrace digital tools, your business is more likely to be able to compete.

By selecting the right new technology solutions for your business and maximising their potential through training and integration with other apps and software, you can transform your business, enabling it to thrive in the ever-evolving digital landscape.

If you would like more information and advice about adopting more digital technology in your business, please call 01768 222030 or email help@armstrongwatson.co.uk

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Penrith skipper Nicky Burns calls on team to keep winning

Penrith skipper Nicky Burns calls on team to keep winning

4 July 2025
Long-awaited go-ahead for A66 dualling scheme

Long-awaited go-ahead for A66 dualling scheme

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Changes to lease accounting – how will this impact your financial statements?

Changes to lease accounting – how will this impact your financial statements?

6 July 2025
Man fined £100 for using cashpoint in car park

Man fined £100 for using cashpoint in car park

4 July 2025
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Man arrested after assault in Penrith town centre

6 July 2025
Honour for man who devoted his life to Greystoke

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