The statistics are fantastic: Women-owned businesses have increased by 3,000 percent since 1972 and 40 percent of entrepreneurs today are female. Women are starting a small business for the flexibility and control these ventures can provide. If your corporate career...
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Benetrends Blog
Spotlight on Success: 5 Women Who Rock the Business World
You’ve probably heard the song, “It’s a man’s world.” In the business world, that is simply not true anymore. Quietly women have moved up the ranks. Fast Company reports over the past two decades the volume of female-owned companies has grown 114 percent....
4 Reasons Women Are Starting New Businesses in Record Numbers
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...
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...