OUR LATEST INSIGHTS

Up to date, high-level business information that is relevant to our clients and contacts, helping keep up to date on the ver-changing business world of today.

Terri Braun / April 10, 2025

Featured Contact Nonprofit Mortgage

Founder and current director of Nonprofit Mortgage, Ron Welbaum, is a long-time mortgage professional with extensive experience. Ron and his team are committed to promoting homeownership across all demographics through down payment assistance programs and a variety of loan options.

Terri Braun / April 10, 2025

Featured Contact Capstone CPAs

Owned by, David Bauer, Capstone CPAs provides quality, personalized financial guidance to individuals and businesses. David has his team have an expertise ranging from basic tax and accounting services to more in-depth services such as preparation of financial statements and tax planning.

Ian Nairn / April 7, 2025

2025 PGA Atlantic Business & Education Conference

Rob spoke at the 2025 PGA Atlantic Business & Education Conference in Halifax, Nova Scotia. The conference consisted of over 65 Atlantic Canada PGA professionals, many of who are responsible for running golf courses throughout Atlantic Canada.

/ April 7, 2025

Will rising coffee prices impact your company’s breakroom supplies spend?

Coffee drinkers, beware! Prices are on the rise. But even if you don’t personally drink coffee, chances are, many of the employees at or visitors to your business do. Your breakroom supplies budget may notice the surge in coffee pricing that the global market is experiencing.  

Why are coffee prices rising? 

Poor weather conditions in Brazil’s coffee-growing regions, specifically lower than average rainfall, have negatively affected coffee yields this year.  Vietnam, one of the world’s other large coffee suppliers, is experiencing similar weather concerns. Meaning, depending which companies and vendors you source your coffee from, the prices may rise.  

This isn’t just an anomaly. 

In February of 2025, Conab reported that global coffee exports fell -12.4% year over year. Other data from late 2024 also reflects a downward trend. Amidst climate and economic uncertainty, it’s best to prepare for this expense to be unpredictable.  

What does this mean for your company? 

We know taking coffee off your office’s shelves may lead to an insurrection, but you do have to find a way to manage costs. Analyzing the vendors from which you source your breakroom coffee, your contracts, delivery frequencies, and other variables will allow you to optimize your spend. Now is not the time to be paying for more than you need, or missing opportunities to save money.  

Some third-party consultants can help you analyze these expenses, as well as other office and facility supplies costs that your business encounters substantially every year.  

In conclusion…  

Coffee prices are on the rise, as poor climate conditions in the world’s largest coffee-growing regions stifle production. As this continues, and as climate crises continue to impact these regions, you may notice the cost of your breakroom supplies increasing. Working to solidify better vendor pricing on these expenses and protecting your budget is a must to continue providing your employees with what they need to thrive.