Small Biz Flash

8-30-22 – Build Out a Strong Tech Stack


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NEWS ROUNDUP

1

The latest figures released last week show that in the second quarter, gross domestic income (GDI), an alternative method of measuring economic activity, actually grew by 1.4%.

https://www.bea.gov/data/income-saving/gross-domestic-income

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2

40% of small companies said they were late paying the landlord in the survey, up 6% from July.

https://www.alignable.com/forum/august-rent-delinquency-breaks-2022-record-up-6

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3

Only 4 in 10 small business owners are concerned about a cyber attack hitting their firm within the next 12 months.  If an attack were to happen, though, 65% are confident in their ability to respond.

https://www.surveymonkey.com/curiosity/cnbc-small-business-q3-2022/

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FEATURE – Build Out a Strong Tech Stack

According to a new survey by the US Chamber of Commerce, small businesses fully embracing technology outcompete their peers and have owners who are more optimistic about the future.

But getting a solid ROI isn’t as simple as throwing money at the latest shiny software to come down the pike.

https://www.uschamber.com/technology/new-study-shows-technology-platforms-critical-to-small-business-growth

https://www.getapp.com/

https://www.g2.com/

https://www.gartner.com/reviews/markets

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Show web site: www.smallbizflash.com

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Small Biz FlashBy Adam Hewitt