Women entrepreneurs have an enormous economic impact in the small business community. Before COVID-19, women were starting new businesses in record numbers. This article explores those numbers, why women are flocking to entrepreneurship, and how these trends are...
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Benetrends Blog
How to Write a Killer Growth Plan for Your Business
A small business growth plan is essential, as it provides the roadmap to establish and measure goals. Here’s what you need to know. Excellent planning is essential to business growth. That is why it makes sense to invest time in learning how to write an effective...
Finding Business Funding to Heal Growing Pains
Growing a business is hard work and when it comes to small business funding, it’s important to understand the differences between growth capital and working capital, and how the two work in tandem to propel a business. The path ahead for a small...
What Is Your Business Growth Strategy?
You’ve made it. You’ve moved past the initial startup phase of the business and are now entering into the second phase of entrepreneurship. The company is relatively stable and you’re ready to focus on expanding. Even though your business is new, rather than focusing...
5 Ways to Scale Your Business Effectively
Starting a small business and making it through the first few years is an exciting, yet challenging time. When you make it to the point where you’re ready to grow, take a moment to congratulate yourself and recognize your achievement. It takes time, resources, and...
How Growth Mode Differs from the Startup Phase of a Business
The goal when starting a business is to grow the business. The growth of a business requires specific resources, whether it be employees, technology or even funding. But once the business is established, how does one scale the business? Starting a Small Business vs....
Top 10 Dos and Don’ts of Small Business Funding
Starting a small business is hard but finding small business funding can be even more challenging. While it may seem like there’s ample opportunity, from conventional loans to 401(k) funding, fledgling entrepreneurs may find themselves stuck when trying to figure out...
Small Business 101 Series: Taxes
Tax season is upon us again. For the small business owner, tax time may be one of the most stressful times of the year. If you recently launched your business and haven’t even made money yet, you may wonder if you have to file. The answer is almost certainly "yes." If...
Funding Strategies in a Declining Stock Market
Benetrends President & CEO Dallas Kerley offers insight into programs to assist small businesses affected by the COVID-19 Pandemic. Before we look at funding strategies, we want to share a few thoughts with you. With the news about the impact COVID-19 is having...
Top 4 Resources for Minority Small Business Owners
Cash flow is often a big issue for a small business owner. This is especially true for minority business owners, who face more funding challenges than non-minority entrepreneurs. The good news is that there are now a number of resources available to help...