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Benetrends Blog

Checklist for Starting a Bed and Breakfast

Checklist for Starting a Bed and Breakfast

One of the most rewarding small business ownership opportunities is a bed and breakfast. If you have the personality and commitment, owning a bed and breakfast is a rewarding and lucrative business option.  As seen in the recent post Have Entrepreneurial Dreams?...

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Launching Your Own Hair Salon

Launching Your Own Hair Salon

Are you considering starting a personal-services business? One smart choice is a hair salon. The hair salon industry is massive. In 2018, there were 996,000 hair care businesses in the United States. Those companies generated $46 billion in revenue and employed 1.3...

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How to Open Your Own Fitness Business

How to Open Your Own Fitness Business

Like many small businesses, owning a fitness studio or gym has many advantages, including being your own boss.  For instance, the setting your own hours, hiring the employees you want to work with, and the added perk of having free access to workout facilities...

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How Will Tax Reform Affect Small Businesses in 2019

How Will Tax Reform Affect Small Businesses in 2019

Tax reform legislation passed in late 2017 is having an impact on small businesses beginning with the 2018 tax cycle. How can small-business owners make the most out of the new tax laws and what impact will it have on their business finances?  As seen in the...

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How to Avoid Cash Flow Problems for Your Small Business

How to Avoid Cash Flow Problems for Your Small Business

For many small businesses, especially those just starting out, cash flow is a classic challenge. Businesses starting out do not yet have the customer base and revenue flows established that allow for steady, reliable cash flow. Yet, as noted in the recent post,...

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How to Handle Hidden Costs of First-Year Businesses

How to Handle Hidden Costs of First-Year Businesses

No business owner likes surprises, especially those that cost money. Regardless, new small-business owners often find that their first year of operation will be filled with unexpected challenges and opportunities.  To avoid unwanted surprises, business...

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Franchising World: Shutdown’s Impact on Franchise Funding

Franchising World: Shutdown’s Impact on Franchise Funding

How is small business funding affected when the government shuts down operations? Written by Morgan Johns,  Director of SBA and Bank Financing. this article, written just prior to the end of the 2019 Government shutdown, the longest in US history, appeared in...

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