Do small businesses need a leased line?
Leased lines are becoming increasingly popular among UK businesses. But, there is still a misconception that these dedicated connections are only beneficial and cost effective for larger companies. Leased lines for small businesses has grown dramatically in popularity recently.
The widespread availability of leased line ‘alternatives’ just isn’t happening in the business world. In fact, reports show that while 83 percent of residential properties in the UK has access to superfast fibre broadband. These services are only offered to 68 percent of small businesses.
This leaves SMEs with limited choices for their connectivity: standard copper phone line business broadband, fibre broadband if available or dedicated leased lines. Broadband connections are unreliable and cannot reach the higher speeds often needed which is why so many small businesses opt for a leased line.
Due to a rise in technologies such as ‘cloud’ computing and VoIP services , speed & stability has never been more important. Ofcom reports that 20 percent of small businesses are unhappy with the speeds they receive , leaving symmetrical leased lines an understandable choice for SMEs.
We have seen just how important being able to work from home is during Covid-19 pandemic. Zoom calls, skype meetings and cloud platforms have been more important than ever to keep the economy going. Working from home may be the normal so its key we have the right internet connections.
Benefits of leased lines for small businesses
There’s numerous benefits of having a leased line. Most companies who have multiple sites will already have dedicated internet. Many smaller businesses will not because they are used to paying £20 a month for broadband and the cost of a leased line is greater.
However, its important to understand why they cost more & how they can save your business money. Some of the benefits include:
- Uncontended Service – Having your internet service dedicated only to your business means you get symmetrical upload speeds and download speeds even at peak times. This often means faster uploads for those important files you need to send.
- Service Level Agreement – A small business relies upon the consistent and continued productivity of its employees for success and profitability. Perhaps slightly more so than huge corporations that already have an established support network.
Consider that a poor internet connection costs each employee an average of 15 minutes productivity per day, according to Virgin Media Business. At 30 employees, that’s 37.5 hours per working week down the drain. However, with a leased line you have garuntees around your service and the support/time to fix should anything go wrong.
- More Secure – Safe internet usage is a big concern for many businesses regardless of their size. Using a standard shared broadband makes browsing less secure as its easier for hackers to intercept communication and cause data breaches for your company. Leased lines and private and monitored 24/7 so makes it harder for hackers.
- Scalability – Fibre Optic cable used for leased lines means you can achieve much higher speeds than traditional broadband. This means you can arrange for your internet to grow as your company does without any hassle.
Leased lines are not just for large companies. In fact, they can provide significant benefits to smaller businesses, too, including a more reliable connection, faster, guaranteed speeds, and improved communications both internally and externally.
The available budget of a smaller business is not as much a larger corperation. But smaller companies rarely need as much bandwidth. This helps lower the price and makes them more affordable for all company sizes, with prices starting from £150 per month.
At Leased Line Comparison, we’re committed to finding you the best deal around, so we do all the hard work for you. We compare major UK providers of leased lines in your area, finding you rates that you just can’t say no to. So get in touch today and let us help you improve your connection.