Tag: supply chain
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How Businesses Can Manage Global Supply Chain Shortages
Posted On: December 14, 2021 by Falcon National Bank in: Manage your Business | Business Banking
If you own a small business, you’ve likely noticed that supply chain shortages in the US have affected your sales. Since the Coronavirus pandemic, supply issues have been critical for organizations to manage, especially for smaller institutions across the country. We’ve seen this very clearly in the Midwest, with a supply shortage affecting everything from commodities to labor. Most business owners ask what they can do to mitigate the issue, but some are hopeful that the problem will...
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Understanding New Considerations for Year-End Business Purchases
Posted On: September 30, 2021 by Falcon National Bank in: Manage your Business | Business Banking
For many businesses, preparations and year-end organization planning look very different this year. It may seem like a little early to be making the decisions, setting strategies, and buying new equipment for the new year, but there are a few additional factors at play that can disrupt your business. Year-end business purchase decisions need to be completed faster this year because of delivery shortages and other delays. Customers and business owners alike have not missed the impact supply...
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