Benetrends, a trailblazing pioneer for franchise funding solutions, is celebrating the company’s 40th anniversary in 2023. Over the past four decades, the company has helped more than 30,000 entrepreneurs make their business ownership dreams come true, while growing...
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Benetrends Blog
How Do 401(k) ROBS Work?
It may sound amusing that there’s a unique funding option under the acronym ROBS, but Rollovers-as Business-Startups can actually be an advantageous strategy to finance the purchase of a franchise or small business. Especially if your candidacy for business ownership...
What Are the Pros & Cons of a ROBS Plan or Program?
ROBS, or Rollovers-as-Business-Startups, are a unique way to fund your business without taking on debt or giving up any ownership in your company. This strategy allows you to use funds from an existing retirement account to invest in yourself and your new business. ...
Is ROBS a Good Idea?
The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
IFA Supplier Forum Webinar – We are Officially a Franchise…Now What?
Benetrends, a member of the IFA’s prestigious Supplier Forum, recently presented another IFA Lunch & Learn webinar session entitled, “We’re Now Officially a Franchise…Now What?” The central theme for this one-hour episode is addressed to brands considering a...
Benetrends Establishes New Referral Partnership With Hireology
Benetrends, IFA’s preferred vendor for ROBS rollover financing, is proud to announce a new referral partner of our own – Hireology, a comprehensive turnkey recruiting, hiring, and management platform used by over 7,500 businesses for HR and payroll needs. Back in...
Revisiting Your Candidates Financial Requirements in Today’s Environment
Benetrends, a member of the IFA’s prestigious Supplier Forum, recently presented an IFA Lunch & Learn webinar session entitled, “Revisiting Your Candidates Financial Requirements in Today’s Environment.” As for the Lunch & Learn webinar presenters, Eric...
Benetrends Named IFA’s Preferred Vendor for IRA/401(k) Rollover Financing
NORTH WALES, PA. (PRWEB) MAY 05, 2022 - International Franchise Association endorses as sole provider of qualified retirement plan funds The International Franchise Association (IFA) has named Benetrends as the association’s preferred vendor for IRA/401(k)...
ROBs Rules: 3 Do’s and Don’ts of ROBS Business Funding
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
Franchise Funding 101: Top Options and Tips
It’s no secret that the pandemic has caused many of us to reconsider our career paths and priorities. As a result, individuals are quitting their jobs in droves, with recent statistics showing that one in four Americans has quit their job in 2021. For those that took...