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| Stat | Action | Source | Month/Year |
|---|---|---|---|
| 81% of SMB leaders are optimistic about the future of their business |
|
Small & Medium Business Trends | 12/2024 |
Top priorities for growing SMBs:
|
|
Small & Medium Business Trends | 12/2024 |
| 51% of SMB leaders worry their company will fall behind when it comes to technology. |
|
Small & Medium Business Trends | 12/2024 |
| 76% of SMBs are spending more on technology now than they did last year, and only 5% are cutting back. |
|
Small & Medium Business Trends | 12/2024 |
| 88% of growing SMBs are increasing their technology spending this year, vs. 46% of declining SMBs. |
|
Small & Medium Business Trends | 12/2024 |
| 73% of leaders of growing SMBs say they keep pace with larger businesses when it comes to technology, vs. 42% of leaders at declining SMBs. |
|
Small & Medium Business Trends | 12/2024 |
| 53% of SMB leaders say data is often inconsistent across their business tools |
|
Small & Medium Business Trends | 12/2024 |
| 46% of SMB leaders feel overwhelmed by too many business tools |
|
Small & Medium Business Trends | 12/2024 |
| 44% of SMB leaders say there isn't time to master all the technology their company uses |
|
Small & Medium Business Trends | 12/2024 |
| At growing SMBs, 66% of leaders describe their tech stack as an integrated suite, vs. 45% of leaders at declining SMBs |
|
Small & Medium Business Trends | 12/2024 |
| SMB leaders say their #1 technology challenge is security. |
|
Small & Medium Business Trends | 12/2024 |
SMBs’ top factors for evaluating new technology:
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|
Small & Medium Business Trends | 12/2024 |