All posts by: crimsonadmin

Trusts Can Be Used To Benefit Your Business

Business owners are continually tasked with finding innovative ways of protecting their businesses and achieving longevity once they are gone, which could result in strenuous relationships during operations. Unknown to many, trusts provide a secure tool for securing business assets,... Read More

When Starting Your Business Follow These Nine Steps

Are you starting a business or brand? There are some very basic steps- ten of them- that can give you the perfect beginning for a prosperous venture. When you have questions regarding the fiscal health of your company, don’t hesitate... Read More

What You Need to Know About Profit Margin

In the business world, “profit margin” is one of the most commonly used ratios. It is the basic measurement of how much a business, product, or service is making. It’s typically expressed as a percentage and is how much the... Read More

Keep Your Employees Out of a Funk With Growth Opportunities

Growth is an essential part of every business, with the right changes often proving to be a significant footprint for employee motivation, innovation, and success. Without growth, companies will likely experience stagnation as the workforce settles into monotony that often... Read More

Unit Economics is Essential to Every Franchise Opportunity. Use These 5 Steps to Strengthen Them

Perhaps one of the most challenging things for a prospective new franchise owner to do is to select the right franchised concept to buy into. It can be challenging because there are about 3,800 franchise brands to choose from. One... Read More

You Can Finance Your Daily Operation by Using Your Working Capital, Here’s How

All businesses need sufficient cash on hand with which to operate. When money shortfalls occur business activity can be affected and profit potential decreases. Many businesses need an infusion of cash from time to time, especially in tough economic times.... Read More

5 Factors You Can Control to Support Resilient Leadership in Challenging Times

The key for small businesses to thrive during challenging times usually relies heavily on the staff and supervisors that you have in place. It is important to have resilient leadership, that can weather the tough periods, overcome obstacles, and maintain... Read More

A 13 Step Guide on Starting Your Own Business

Millions of Americans plan to start new businesses each year. In fact, according to the U.S. Census Bureau, 5.4 new business applications were filed in 2021. Indeed, the spirit of entrepreneurship is alive in America. Yet, starting a business, as... Read More

What Insurance Should You Consider for Your Small Business?

Whether you are just starting your business or if you have been in business for years, your insurance needs are going to change from year to year. It is a best practice to evaluate your insurance needs periodically, but what... Read More

What You Need to Think About When Looking at Government Programs for Your Startup

Did you know that there are government programs available to support and fund your small business or startup? Many people do question how effective these programs are for creating jobs and economic growth. However, what does a government program for... Read More