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This article, authored by Eric Schechterman, Director of Sales at Benetrends, examines and dispels the current myths in franchise funding. As the economic effects of the recession begin to fade, there has been a recent resurgence in interest for Small Business...
Crowdfunding has been a growing buzzword among entrepreneurs for several years. In fact, platforms like Kickstarter continue to gain media attention — especially with recent successes such as the Reading Rainbow campaign that quickly went viral. With all the hype...
McAlister’s® Deli Secures $15 Million in Initial Funding to Expand across U.S. North Wales, Pa. (July 24, 2014) – Benetrends, the trusted leader in franchise funding, announced today McAlister’s Deli has secured funding through its $100 million franchise...
YES, you can! Known as a ROB (Rollovers as Business Startups) strategy, this solution is a popular option. Small Business Funding Your 401(k), IRA or other qualified retirement account can be the key to starting your business debt-free and cash-rich....
Growing your business can be a time-consuming process, but here are five steps you can take this week to put yourself on the track to expansion. Monday: Analyze Your Current Situation Spend some time analyzing where your business is now. This can...
Using retirement funds to purchase a franchise can be valuable to business owners looking for a way to fund their growth. However, it is critical to understand which transactions the Internal Revenue Service (IRS) allows and which it does not. Because of two recent...
Each year, thousands of Americans turn to Benetrends for assistance in taking control of their futures. Many of these new entrepreneurs have experienced down-sizing or business closures and have opted for self-reliance. Others have chosen to leave the uncertainty of...
The IFA is the world’s oldest and largest organization representing franchises. They provide information to all members on franchise development, national and state policies, international expansion, financial management, franchisor and franchisee relations, and many...
One of the most popular questions we are asked by entrepreneurs interested in getting an SBA loan is, "What are my options for securing the money needed for an SBA loan?" This is because to qualify for an SBA loan, most lenders typically require the entrepreneur...
Long gone are the days when banks would lend money to anyone who could fog a mirror. Since the credit crises occurred in 2008, entrepreneurs have found it more difficult to get the funding required to purchase a new franchise. Home equity loans, historically one of...
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