Larry Carnell, Benetrends' VP of Business Development, shares insight on why starting a business or purchasing a franchise might be a better option than waiting for a job opportunity. When you think back to the impression you’ve been given your whole...
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Benetrends Blog
4 Top Industries for Entrepreneurs in 2018 (+ Top States to Set Up Shop!)
Every year brings new innovations and opportunities for entrepreneurs as consumer tastes and preferences evolve. For entrepreneurs looking to start their own business in 2018, what industries and sectors hold the most promise? What do would-be business owners need to...
Grow your Business like Code Ninjas – with a ‘Black Belt’ Funding Partner
A key component of business growth is a reliable funding partner. Benetrends has a black belt in financing - and Code Ninjas growth is proof. There are franchises that slowly increase their brand with a few new locations every year, and then there are the franchises...
7 Things Millennial Small Business Owners Should Know
With tech-savvy skills honed after growing up in the digital age, an entrepreneurial spirit, and a global perspective on interactions, millennials have a remarkable set of skills that make them ideal candidates to run their own businesses. Given the right support and...
8 Things Every 50+ Entrepreneur Should Know
Age is nothing but a number. When it comes to owning your own business, age can be a decided advantage. Life experience, business background, and worldliness give entrepreneurs over 50 leverage that will help them as they embark on owning their own companies. As seen...
4 Things Minority Small Business Owners Should Know
Minority business owners face unique challenges that their majority counterparts often do not experience. For new minority business owners, small business funding challenges and societal biases come on top of the usual challenges of starting their own company. As seen...
6 Things Women Entrepreneurs Should Know
Women business owners face a different set of challenges than their male counterparts. In a prior blog, the hurdles range from societal obstacles and misperceptions to a lower rate of acceptance for small business loans. The reality is women...
How Will the Tax Cuts & Jobs Act Affect ROBS?
We have been very watchful of the tax reform that has been fiercely debated in Washington and was signed into law on December 22, 2017. With the help of our tax partners, below are some of the highlights regarding the reform’s effect on the ROBS business: The...
Small Business Start-Ups: 20 Things Every New Owner Should Know
A small business start-up requires the skill of a juggler - keeping many balls in the air at the same time. Often, marketing, sales, operations, finances, funding, daily management, and customer service share equal importance, at the same...
Pros and Cons of Using Home Equity to Fund Your Small Business
Entrepreneurs universally are looking to fund the considerable start-up and operating expenses that come with starting a business. If you are looking for funding sources, is using your home equity a good option? There are pros and cons of using home equity...