SMB survey was done July 2022 © SMB Group, Inc.
Author: Sanjeev Aggarwal
![SMBs Rely on Both Internal and External Resources For Financial Management SMBs Rely on Both Internal and External Resources For Financial Management](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide12-1024x576.png)
SMBs Rely on Both Internal and External Resources For Financial Management
SMB survey was done July 2022 © SMB Group, Inc.
![Manufacturing, IT Services and Financial Services Are Most Likely to Expect to Increase Software and Services Spending Manufacturing, IT Services and Financial Services Are Most Likely to Expect to Increase Software and Services Spending](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide11-1024x576.png)
Manufacturing, IT Services and Financial Services Are Most Likely to Expect to Increase Software and Services Spending
SMB survey was done July 2022 © SMB Group, Inc.
![Larger SMBs are More Likely to Expect to Increase Financial Management Software and Services Spending Larger SMBs are More Likely to Expect to Increase Financial Management Software and Services Spending](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide10-1024x576.png)
Larger SMBs are More Likely to Expect to Increase Financial Management Software and Services Spending
SMB survey was done July 2022 © SMB Group, Inc.
![A Majority of SMBs Expect Budgets for Financial Management Software and Services Will Remain Flat A Majority of SMBs Expect Budgets for Financial Management Software and Services Will Remain Flat](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide9-1024x576.png)
A Majority of SMBs Expect Budgets for Financial Management Software and Services Will Remain Flat
SMB survey was done July 2022 © SMB Group, Inc.
![Top Financial Management Challenges Center on Staffing and Data Security Top Financial Management Challenges Center on Staffing and Data Security](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide8-1024x576.png)
Top Financial Management Challenges Center on Staffing and Data Security
SMB survey was done July 2022 © SMB Group, Inc.
![Larger Companies Are More Likely to Use External Funding; Sources are Diverse Larger Companies Are More Likely to Use External Funding; Sources are Diverse](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide7-1024x576.png)
Larger Companies Are More Likely to Use External Funding; Sources are Diverse
SMB survey was done July 2022 © SMB Group, Inc.
![Sales Channels SMBs Use And Expectations For Sales Via These Channels Sales Channels SMBs Use And Expectations For Sales Via These Channels](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide6-1024x576.png)
Sales Channels SMBs Use And Expectations For Sales Via These Channels
SMB survey was done July 2022 © SMB Group, Inc.
![Most SMBs Are “Somewhat Confident” About Their Ability To Adapt to Unexpected/Changing Business Conditions Most SMBs Are “Somewhat Confident” About Their Ability To Adapt to Unexpected/Changing Business Conditions](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide5-1024x576.png)
Most SMBs Are “Somewhat Confident” About Their Ability To Adapt to Unexpected/Changing Business Conditions
SMB survey was done July 2022 © SMB Group, Inc.
![Levels of Concern Vary by Industry: Supply Chain and War in Ukraine Levels of Concern Vary by Industry: Supply Chain and War in Ukraine](https://www.smb-gr.com/wp-content/uploads/2022/11/Fin_Slide4-1024x576.png)
Levels of Concern Vary by Industry: Supply Chain and War in Ukraine
SMB survey was done July 2022 © SMB Group, Inc.