Webinars

Protecting Your Business: What You Need To Know About the Supply Chain Bubble

2020 17 December
12:00 pm Pacific / 3:00 pm Eastern

Protecting Your Business: What You Need To Know About the Supply Chain Bubble

Is your business teetering on a precarious cliff of not having the credit to continue buying from your existing vendor base? Don’t wait for it to be too late – learn how and why your business is at risk and take immediate steps to prevent falling off the cliff. Join HFA’s CEO Mark Schumacher, Michael Baron (President of Baron & Associates), Michael Hudgins (Managing Director of CIT Commercial Services) and Larry Furiani (Vice President of Dealer Relations eCommerce at Coaster) as they discuss the financial supply chain bubble bursting and how you can safeguard your business before it’s too late.

Key Takeaways:

  • Your ability to utilize credit to complete purchase orders may be at serious risk today.
  • Furniture manufacturers can manage their own risk, or they can outsource that risk to factors or utilize trade insurance.
  • You must assume that your creditworthiness is under review.
  • You need to proactively contact your suppliers, develop relationships, and create open communication.
  • You must ask “Am I being insured?” and share your situation proactively