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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Benetrends Blog
Small Businesses And Data Breaches: What You Need To Know Now About Cyber Liability Insurance
With a number of high-profile data breaches in the news over the past several months, 2014 has already been dubbed by some as the Year of the Data Breach. According to InfoSecurity Magazine, as of July 15, 2014, more than 400 data breaches have been reported,...
Get the Start-up Capital You Need with 401(k) Rollover Funding
If you are ready to start a business, it is important to have adequate funding. While there are many ways to obtain funding there is one that you may not know about, and it’s as close as your retirement plan. 401(k) rollover funding is the startup strategy that helps...
Retiring To Grow: Benetrends CEO On How Franchisees Can Finance Growth
It's not uncommon for entrepreneurs and business operators today to tap into their 401(k) or other retirement accounts to seed growth and expansion. This holds true in franchising as well. If you're a multi-unit franchisee considering how you might use your...
“The Price Of Business,” An Interview With Dallas Kerley On Funding Options From The Franchise Expo South
Transcript: Kerley begins the interview by talking about what we do. "Benetrends has been around for 30 years, helping entrepreneurs fund the business of their dreams. We are actually the original architects of a strategy that allows an entrepreneur to...
2014 Philadelphia SmartCEO Future 50 Awards
The Future 50 Awards program is the largest and most highly anticipated SmartCEO awards program of the year. This program recognizes 50 fast-growth, mid-sized companies in the region, five large Blue Chip companies and five small Emerging Growth companies. These...
Financing Strategies for Multi-Unit Operators
When looking to open a franchise, many times the franchisor wants the franchisee to commit to multiple units. The most common scenario is the desire for a “three-pack” over a two- to three-year window. Funding a multi-unit development was sometimes difficult in the...
Benetrends Named A 2014 Future 50 Award Winner By Philadelphia SmartCEO
NORTH WALES, Pa., Jan. 23, 2014 /PRNewswire/ -- Benetrends, the trusted leader in franchise funding, has been recognized by Philadelphia SmartCEO as a 2014 Future 50 award winner. This program recognizes 50 fast-growth, mid-sized companies in the region, five...
Girls Just Want To Have Funds!
Women-owned businesses are a huge part of the economy. Knowing how to access and obtain the special resources available for these companies is critical for success. We can help you locate all the necessary resources to start and grow your business. Many studies...
Benetrends Announces New $100 Million Fund To Fuel Franchise Growth
Hand & Stone Secures $10 Million in Initial Funding to Drive its Expansion Across U.S. NORTH WALES, PA Jan. 7, 2014 /PRNewswire/ -- Benetrends, the trusted leader in franchise unding, announced today the creation of a new proprietary $100 million...