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Survey indicates small businesses waste £1,000 on printing supplies

Survey indicates small businesses waste £1,000 on printing supplies

December 5, 2011

A study has revealed only a tenth of respondents had “actively researched” printing costs, leading to a third of small businesses overspending on printing.

Research conducted by UK printing supplies retailer Cartridge Save has concluded that a third of small businesses are overspending on office printing, by almost £1,000 ($1,564/ €1,163) annually.

1,194 business owners in charge of businesses with 50 or fewer staff members responded to the Cartridge Save survey, with only 11 percent of respondents stating that they “actively researched”. 89 percent stated they didn’t research printing costs, and estimated 500 sheets of paper printed “unnecessarily” each working week.

Cartridge Save estimate small businesses are wasting as much as £18.50 ($28.94/ €21.52) a week on ink and toner, “equating to £962 ($1,505/ €1,119) a year”.

Ian Cowley, Managing Director, Cartridge Save, commented: “It is of course disappointing to see that so many small businesses are wasting money on unnecessary printing and not being mindful about the documents that they print. I am sure that many small businesses across the UK have experienced a few financial problems throughout their duration and this is when £962 a year would certainly be very useful.

“I would strongly recommend businesses look into the costs of their printing services, especially businesses that require a great deal of printing. It is great to see that the majority of businesses recycle their discarded paper, it is even more positive that the majority of the respondents who don’t recycle plan do plan to in the future.”

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