According to the U.S. Chamber of Commerce, creating a new agency to regulate tech would create more problems than it would solve. The Chamber argues that such an agency would be costly and inefficient, and that it would be difficult to find qualified personnel to staff it. In addition, the Chamber believes that the current regulatory framework is sufficient to address the issues associated with tech regulation. 

U.S. Senators Todd Young (R-Ind.), Jacky Rosen (D-Nev.), Ted Budd (R-N.C.), and Jeanne Shaheen (D-N.H.) introduced bipartisan legislation to help small business owners integrate digital tools into their businesses. The Small Business Technological Advancement Act would clarify that small businesses can utilize the Small Business Administration’s (SBA) 7(a) loan program to finance technology that supports daily operations, including inventory management, product delivery, and accounting systems. The bill is meant to mitigate the economic barriers associated with the adoption of digital tools by small businesses.

Asure Software, Inc. (NASDAQ:ASUR) recently released its inaugural Small Business Human Resource Benchmark Report, which surveyed 2,065 "fast growth" companies to determine the link between rapid growth and employee-centric best practices. The survey highlighted the clear link between these "fast growth" companies and their embrace of every stage of the employee lifecycle and how applying the best HR practices across each respective area helps to foster growth. More than 80% of responding companies stated they applied the HR best practices across the employee lifecycle of recruiting, hiring, onboarding, compliance, development, performance management, retention, and post-employment. Overall growth between "fast growth" companies and "down year" respondents provided a clear indication that the people aspect of a business is important to your company's overall growth.