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Xero previously found via its Digital Drag research that if all small businesses digitised at the same rate as the top 20 % of tech adopters , it could add £ 77 billion to the UK economy .

How can we work together to fix the problem ?

1 . Policymaker action : when bringing in new policies or legislation , specifically consider the government policy on the smallest of small businesses and publish this as part of the wider impact assessment .

2 . Make advice relevant : small business champions should tailor what they do to the smallest firms , to help them make the 12.5 % productivity gains .

3 . It ’ s time to speak small business language : tech helps the smallest businesses juggle multiple hats , freeing up more time for the core business . It ’ s crucial that tech companies understand what small businesses need and speak their language . �

IT ’ S CRUCIAL THAT TECH COMPANIES UNDERSTAND WHAT SMALL BUSINESSES NEED AND SPEAK THEIR LANGUAGE .

Intelligent SME . tech

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