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The Risk of Waiting Too Long
There is no question that the high rate of inflation, supply chain challenges, and higher interest rates, have taken their toll on businesses over the past few years. Many businesses have found creative ways to deal with these challenges, however, there are a...
Why Are Businesses Still Optimistic?
A recent Goldman Sachs’ survey of small business owners found that 93% fear the coming recession, and 89% report that broader economic trends, including inflation, supply chain and workforce challenges are still taking a toll. In spite of these challenges, the...
Impact of Inflation on Small and Mid-Sized Business
As the world seemingly gets the Covid-19 problem under control, and the outbreaks that are occurring can be mitigated, the United States, and especially small and mid-sized businesses are on the front line of managing a post-pandemic future. While many...
Why Do We Have a Critical Pilot Shortage?
Cancelled flights, pilots striking over working hours, air fares up over 38% from pre-pandemic levels and every airline blaming, in part, a shortage of pilots. The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut...
A Fork In The Road For The Auto Industry: The Shift Towards Electric Cars Presents A Dilemma To The Industry’s Supply Chain
The auto industry is rapidly shifting its focus from gasoline-powered automobiles to electric vehicles (EV) for a variety of reasons. The main driving force for this change is an increasing global focus on climate change and reducing the carbon footprint of...
Is the Sky Falling? What Does Your Banker Think?
There is no question that major economic indicators are pointing in the wrong direction and as a result, small to medium-size businesses are facing a number of challenges in maintaining a profitable business, let alone trying to initiate growth plans. Given...
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