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Watch the latest SME news round up featuring how the fear of fraud continues to be a concern for many UK small and medium sized enterprises and how more than half of new small businesses are tapping into social marketing.
Hello I'm Bryony - welcome to the Euroffice SME weekly round-up, here are some of the stories making the headlines.
It's been revealed this week that the fear of fraud continues to be a concern for many UK small and medium sized enterprises.
Commercial credit referencing agency Graydon UK claims that fake credit card applications make up nearly half of all fraudulent occurrences over the past 18 months.
More than one in ten companies questioned said they'd been a victim of 'corporate hijacking'.
This is when criminals change the official address of a company to impersonate them.
Looking to technology now, new research suggests that the use of smartphones by small businesses has more than doubled in over the past year.
Colin Gray from the Open University's Business School says: " The rise of smartphones in small businesses is a classic case of the consumer adoption curve.
Business people have a lot of time pressures and these devices help to relieve them."
This comes in the same week that it's been claimed that more than half of small businesses now use social networking sites such as Facebook to help boost business.
Social media has boomed over the past year with more people unlocking its potential.
Nearly 3 in 4 businesses asked use LinkedIn and more than 6 in ten use Twitter.
Daryl Wilcox, founder of Daryl Wilcox Publishing, says: "The number of companies participating in social media on a daily basis shows the growing importance of this marketing channel."
That's all from us for this week; please join us again next time.
Euroffice Social Media
Why not join us on Euroffice Facebook, follow us on Euroffice Twitter, check out our company profile on Euroffice LinkedIn, or watch our 400 videos on Euroffice YouTube.
Results
Do you use social media in marketing your business?
Yes, it’s great for brand following and awareness
No, it’s not relevant in B2B
Click
here for further information
This poll closed on 16/09/2010
