The Brady CFO Blog: Financial Insights for Backbone Businesses
Financial blog for growth-minded businesses with $5-$40 million in annual revenue in backbone industries, such as food production, food service, warehousing & distribution, manufacturing, construction, professional service firms, and more.
When to Finance or Pay Cash for Business Purchases
We are currently in the highest interest rate environment we have been in years. The federal funds rate was at a low of 0.25% in 2008 and was raised to over 5% in May 2023. As a business owner…