Crestmont Capital Blog

A strong business credit report can help build your business. Having a good credit score can increase your borrowing power and keeping track of what is on your business credit report can help you avoid fraud and fix errors.

If your business does not have an online store yet, you should consider it. It is not for every business, but it is becoming the expectation for buyers in this generation. You could be missing out on a large percentage of the market by providing a brick-and-mortar operation. You can also be overlooking thousands of dollars in sales if you are not using e-commerce to grow your business.

B corporations are particularly a unique entity. It means that your business has decided to purse a higher standard of purpose. B Corps are committed to upholding a specific social or environmental mission or otherwise using business as a force for good.

Trade credit has several benefits for both customers and sellers who issue it, but it also has many risks associated with it. Businesses might feel tempted to adopt a trade credit program to help get new customers and land bigger orders while sellers should take steps to lower the risks associated with this option.

It is critical that you stay ahead of the competition when building a thriving business. The key to this is to stay competitive by innovating. Consumers love companies that improve things and innovate. Improvement requires financing and the extra funds can give you the freedom to generate ideas, experiment with marketing, and take risks that your normally would not be able to do.

Credit card usage has been on the rise for the past several years all over the world. On the other hand, cash is declining but there are still over 70 percent of Americans that buy in cash. So, should your business consider going cashless or not?

Many small business owners are looking at how to operate in an eco-friendlier way. Not only is going green good for the environment but it can help your business save money, help streamline operations, and show customers that you are responsible and forward-thinking.

There are many financing solutions available to small business owners but the most accessible one is microlending. Microlending has been gaining popularity in the recent years.

No matter what kind of business you own, you are subject to a number of liabilities and risk. Small business insurance helps small businesses reduce some of these risks and keep the business growing when unforeseen events can put your company’s survival in jeopardy. The following ways should be kept in mind when you shop for small business insurance.

Every business starts out small but has the potential to grow into something bigger. This can happen by having a strong development plan and sticking to it, to having the right tools and equipment, and having the right staff.