Benetrends Blog

Minority business owners face the same challenges as other entrepreneurs – developing a sound business plan, understanding the market and competition, and creating products and services that customers need. However, for many minority business owners, there are...

Of all the things to consider when opening a franchise, one would think the least important would be the exit strategy. This is a great time to think about the end game.  When the lifecycle of a business ends, the goal for an owner isn’t about the money that’s...

Benetrends understands entrepreneurs. For decades, we have worked closely with business owners to help them fulfill their ambitions.  With Benetrends, you will have a relationship that endures, covering all stages of your business development, launch, operations,...

Business roadmaps help chart a strategic path for your business and are a valuable complement to your business plan. With a business roadmap, you can quickly compare actual results against your assumptions and make adjustments to improve operations and profits. The...

Creating your business plan is a powerful process, designed to get you to think deeply about how your business will function, attract investors and customers, and become successful. Yet the business plan does not tell you every path to take, the twists and turns...

Your business plan is an essential document, designed to help you frame your business, market, competition, financials, and purpose. However, a good business plan needs to be revisited regularly as part of a continuous process of strategic business...

Entrepreneurs and small-business owners seeking help often use a business planning tool to assist them in bringing together their financials, research, projections, and market analysis. With the right business plan tool, presentations look sharp and data are...

Is your 2019 business budget realistic?  As the new year opens, it is important to take a look at your budget and make some strategic decisions that will position your company for a successful 2019. The process starts with having a firm grasp on your income and...

As an entrepreneur, how do you protect your big ideas, product designs, service strategies, name, and logo? As seen in the recent post, Entrepreneur’s Startup Success Guide for 2019, understanding the different types of legal protections and entrepreneurial tools...