Episode 063 | Seizing Opportunities in the Tech Industry

Opportunities abound for technology companies, but in such a dynamic industry, how can business leaders navigate risk and plan for continued success? 

In this episode of The Wrap, our hosts are joined by two of Warren Averett’s technology industry experts, Larry Pirkle, CPA, and Yogesh Patel, CPA, CFE, to discuss the challenges and opportunities affecting business leaders in the tech space. Listen in to learn more about raising capital and growing revenue, finding employees with up-to-date experience and protecting customer data.  

In this episode, you’ll hear: 

• Discussion about raising capital and the impact rising interest rates are having on valuations
• Advice for growing revenue and investing funds back into the business
• Insight about the importance of product development for tech companies
• How the advancements in AI are affecting the search for experienced developers
• Information about SOC reports and whether they are a worthwhile expense 

Resources for additional information:

• Podcast: Episode 014 – Your Team’s Work Makes Your Dreams Work (Recruiting and Retaining Employees)
• Podcast: Episode 039 – Why is SOC Reporting Important to Service Provider Businesses? 
• Blog: Every Financially Strong SaaS Business Model Embraces These 4 Vital Elements
• Blog: Four Ways Technology Companies Can Weather a Recession or Economic Downturn
• Blog: What is a SOC Report? (And Other Questions Answered About Your Internal Controls)
• Blog: Five Key Considerations for Growth-Stage Fintechs
• Blog: Guide for Software Companies Being Acquired by Private Equity