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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Benetrends Blog
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,...
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...
Entrepreneurial Dilemma: Do I Have Enough Money to Start My Own Business?
You have come up with a great idea for your own business, one that you are confident will be financially, personally, and professionally fulfilling. You are ready to start developing your business plan, doing market research, and testing marketing ideas. How much...
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...
How Franchising Helps Women Achieve a Better Work/Life Balance
As a female franchise owner, is work/life balance possible? Are the competing demands of business and family too vast to realistically expect there to be a way to maintain control of both? Surprisingly, many women franchisees say it is the move into franchising that...
How Much Will You Need to Fund a Franchise Purchase?
Franchise ownership is a powerful way to become a business owner. Franchises come with established brand recognition, best practices, support and processes that can accelerate profitability and growth. Starting a franchise is unlike starting any other type of...
How to Research a Franchise Opportunity
Are you thinking about buying a franchise? For female entrepreneurs, buying a franchise is a great way to become a business owner, but knowing how to research the many available options can be daunting. Below are some steps to take on how to research a franchise...
Can Women Get SBA Loans to Finance a Franchise Opportunity?
Women looking to buy a franchise can leverage government-sponsored programs to provide for start-up funding. While these programs can provide some assistance to get a franchise up and running, many female entrepreneurs find they need additional financing options to...
Women In Business: Is Franchising in Your Future?
While women franchise owners have been an often overlooked sector of the small business economy, recent signs point toward positive opportunities, growth, and resources available for female entrepreneurs. Here is a closer look at some of the trends and what...