The Business Roundtable’s CEO Economic Outlook is at its highest level in history, and small business owners have reported their highest optimism in 35 years. But that doesn’t mean CEOs aren’t worried about potential concerns that could harm this boom period.
What will kill the good times? Here are 10 top CEOs concerns, loosely ranked from most severe or likely, to least so:
Runaway Rates and Inflation
Black Swan Visitation
Overconcentration of Growth
Lack of Immigration Reform
MSTS President, Brandon Spear is wary as well. “If the cost of money goes up, that will slow things,” says the CEO of an Overland Park, Kansas-based financial technology provider. “It will slow down the customers we work with and impact the cost of working capital. I worry about that.”
Read the full article by Dale Buss on www.chiefexecutive.net
In the Press
Multi-Service Technology Solutions (MSTS) was founded in 1978 by a former trucking company owner who wanted to automate payments for trucking services.
Today's B2B customer is a digitally-savvy omnichannel connoisseur with high expectations of a B2C-like buying experience that still meets their more complex B2B needs.
Most businesses have a natural aversion to risk, experience resource constraints and often a need to cater to customers who use disparate merchant networks. This poses a tremendous challenge to scalability.
In today’s digital economy, most people think that sending money across borders is a seamless process.
For businesses looking to expand their ventures in global markets, cross-border payment frictions can vary from delivering international payments on time in the correct amount to delivering them in the recipient’s preferred currency.
No B2B transaction occurs in a vacuum. Buyers and suppliers must consider the history of their relationship, negotiated rates and payment terms, and the reputations of the companies working together.