On December 20, 2019, President Trump signed into law the most comprehensive pension reform legislation since the Pension Protection Act of 2006. As part of the budget funding bill for the remainder of the current fiscal year, the Setting Every Community Up for...
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Benetrends Blog
New Business Owners Ask: How Much Cash Should My Business Keep in Reserve?
If your small business has begun to make a profit, it is tempting to funnel the extra cash into your pocket. It is difficult to know how you can keep enough cash on hand to avoid small business funding, or, as an owner, to decide if it is time to finally draw an...
How Much Money Do You Need in the Bank Before Launching a Business?
For years the saying, “You have to spend money to make money,” has helped justify the debt portfolio of entrepreneurs around the globe. For most Americans, starting a small business assumes that debt is a natural part of the process. Many times, this might even be...
5 Cost-Saving Hacks for Your New Business Venture
It may sound counterintuitive, but one of the entrepreneurship tips you can glean from the countless start-ups that have come before you is to not overspend. This means not being tempted to overspend investor money or small business funding and stay within your budget...
7 Top Small Business Trends for 2020
It has been an interesting year for small business. We have seen the stock market go from the highest of highs to the lowest of lows, affecting small business funding and bottom-line profits. However, according to the latest quarterly Wells Fargo/Gallup Small...
How to Finance a Service Business
It is sometimes harder to define the deliverable when you own a service-related company. Selling tangible products is easier both to market and to finance with small business funding options. Here are some tips for small business funding for...
Small Business 101 Series: Intellectual Property Explained
It is a simple rule. Your business is only as good as the intellectual property behind it. That is why entrepreneurs should consider creating a strategy around intellectual property alongside their business operations plan. What is intellectual property...
How to Turn Your Side Hustle into a Real Business
It seems that everyone has a side business these days. A new Bankrate survey confirms that 45 percent of Americans today are earning extra money on top of their regular incomes through a side hustle. According to a national survey by Upwork and the Freelancer’s...
SEO Consulting: A Career with High Growth Potential
Gone are the days of corner stores and local customers only. Today, the world is your marketplace. To be competitive in today’s business world, a business needs to harness the power of the internet to make its services or products known to a wider audience. How does a...
3D Printing: A Look at the Business Opportunities
If you have entrepreneurial aspirations, and are looking for a unique business model, 3D printing might be the field that catches your eye. Its cutting-edge technology makes it a good bet as a future-proof business, and its wide-open world of applications makes it a...