Blogs

As the global economy enters a post-Covid age, rising inflation rates have QSR franchisees on edge. As unpredictable labor shortages and supply chain bottlenecks abound, QSR franchisees need to rely on the wisdom of their most trusted financial partners to weather the storm. Find out what realistic business strategies QSR franchisees can employ to combat rising inflation, labor shortages, and shipping costs in a highly competitive food service market. Keeping business strategies current is vital to survival today more than ever. The modern age champions rapid convenience at the lowest price...
Your business probably receives daily invoices for payments. Have you considered the steps, manpower and security of your payment method? Cutting a check can take upwards of ten steps and is very unsecure, while ACH and credit card are quicker and more secure. If the latter two are used less frequently, your business is probably not maximizing your accounts payables process. By developing a solid payments strategy, both your business and your vendors will benefit. You can maximize your ability to earn revenue, improve cash flow and streamline processes with a strong payments strategy in place...
The choice to return jobs to the U.S. makes sense for certain industries, but not for others. In some cases, businesses are reshoring only certain portions of their manufacturing. The pros and cons that must be taken into consideration are immense. One of the most enticing options for owners and executives that want to curb the negative effects of inflation and an injured supply chain is reshoring. This is because inflationary pressures and constant supply chain disruptions have presented business executives around the world with challenges that pose a risk to any notion of consistent growth...
Article | 5 min. |
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...
Article | 5 min |
Building information modeling (BIM) has surged in the past several years and its benefits are one of the few things everyone involved in the CRE industry can come together on. It has become clear that, while keeping the potential risks in mind, the benefits of BIM for any CRE business are impossible to ignore! Let’s discuss why. Construction is complicated—plain and simple. With so many moving parts involved in a project, especially in the commercial sector, the risk of errors and setbacks can cost CRE developers valuable time and money. Between architects, engineers, business leaders...