Sustainability remains front and center in people’s minds today, and this is particularly true in the business sector. In this blog post, we discuss 10 sustainable business practices that can have a powerful impact. Read on to find out more. Modern companies are increasingly turning to sustainable business practices for innovative and impactful solutions to ongoing challenges. With such high levels of environmental awareness among their consumer base, organizations of all shapes and sizes should take sustainability factors into consideration in order to remain competitive. Sustainable business...
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Inflation has had a significant impact on businesses and this can lead to a financial stress. However, it is possible for businesses to increase buyer traffic and boost sales even in times of market chaos by employing strategic product and service bundling. Read more here. To combat inflation and slow spending, the US Federal Reserve recently announced the fourth interest rate hike of 2022. Raising interest rates by another three-quarter of a percentage point—after just doing so in June, marking the most significant rate hike in 22 years—will generate even wider ripple effects throughout the...
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As of May 2022, annual inflation hit 8.6%, and the Fed hiked interest rates by .75%, begging questions about the future of CRE and equipment loans. Find out more as we pick apart CRE loans, diving into what business leaders across all branches of industry need to know moving forward. For those looking to expand or even break ground, understanding how inflation and rising rates will affect your CRE and equipment loans is crucial to financial success. Everyone has felt inflation's sting in one way or another. Supply chain issues persist in the waning days of the pandemic; meanwhile, the...
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Industry 4.0 Manufacturing Investments to Be Fueled by the 2021 Infrastructure Bill? With the inception of the Infrastructure Investment and Jobs Act, (IIJA) in November 2021, many manufacturing executives are already taking this opportunity to increase operational efficiency by investing in the industrial Internet of Things (IoT) to connect machinery and automate processes. Find out why now is the time to invest in industry 4.0 manufacturing technologies. Read more here. Back in November, Congress passed and President Biden signed the Infrastructure Investment and Jobs Act (IIJA) . This...
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American farmers contribute significantly to the overall US GDP annually and figures in this regard highlight just how significant their services are. The last two years, in particular, have seen significant growth as farmers have looked to expand. With this level of growth, however, comes more overheads—particularly in the form of software and tech requirements. Read more here on what you should consider in your growth phase. Americans love to spend on food. According to data from the US Department of Agriculture, agriculture, food, and related industries accounted for $1.055 trillion (or 5%)...