Blogs

Skyrocketing inflation without a clear end in sight has businesses and consumers rethinking their financial strategies for 2022. Now is the time to not only secure your business prospects for the coming months but also to inflation-proof your operations for future spikes. With strategic changes and precautions, you could make 2022 more profitable than pre-Covid returns—inflation or not! Jump To... Causes of inflation | Covid-19 pandemic | Financial health evaluation | Operating profit margin | Shareholder profitability assessment | 2022 financial strategy | RPA (robotic process automation) |...

Catch A Glimpse into the Future With Our 2021 Economic Outlook Webinar Leading economist, Anirban Basu, Chairman and CEO of Sage Policy Group, Inc., delivers an insightful, entertaining “Back to the Future” themed presentation on the current state and predictions of the 2021 economy. During this webinar, Basu delivers a tribute to 80s films with hope that life will return to “normal” sooner rather than later. You will gain valuable perspective on the following topics: The Destabilizing Impacts of COVID-19 – Too Much Time at Home Impact on Employment, Sales, Real Estate and other metrics The...

A Culture for Success Built by four generations of cheesemakers, this family-owned cheese company is undoubtedly a master of its craft. Their award-winning cheese continues to draw even greater demand—and to help fill it, our financial solutions deliver on a special recipe of its own. “We feel very fortunate to have them as a partner. They’re local and their services are top-notch and can compete with any bank—that makes it a really good relationship.” —Co-Owner, Cheese Company “Our relationship with our bank started back in the ’80s, and through the years they’ve continued to provide the...

Commercial construction costs hinge on two primary categories: materials and skilled labor. Therefore, when both are in short supply and more expensive, already small profit margins contract even further. To counteract rising costs, many CRE firms simply raise their prices—which could further negatively affect the industry. First, there was Covid-19. Then came widespread labor shortages. Supply chain collapses saw rising commercial construction costs dig into profit margins worldwide. And now—to top it all off—there’s inflation. Rising steel prices, peaking at nearly $2,000/ton have affected...

There’s never been a more challenging time for food inventory management than the period we’re in now. With an increased focus on health and traceability, customers now want to know your supplier and your supplier’s supplier. As inflation, supply chain issues, and labor shortages continue to drive up the cost of food—especially fresh produce—business leaders must consider every avenue to strengthen their supply chains. As the country continues to move beyond the tumultuous two-and-a-half-year pandemic, many lingering issues still hinder our return to normalcy. American business leaders of all...