The franchise industry’s top research and funding companies, FranData and Benetrends, participated in a recent IFA Lunch and Learn webinar on funding and what it takes to get deals funded now. Topics included: What’s trending What are the banks looking for? Strategies...
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Benetrends Blog
What’s in Store at IFA 2022: Meet Benetrends
In less than a week we will be heading westward to sunny San Diego for the 2022 IFA Conference! Come meet the Benetrends team and see what we have in store: CAN'T-MISS SESSION: Our very own Eric Schechterman, CFE and CDO, will be moderating a panel session with...
Is Your SBA Loan Really “Using Someone Else’s Money”?
Written by Eric Schechterman, Chief Development Officer at Benetrends As we explored in a previous blog, “Launching a Business Post-COVID”, there is an increase in the number of people looking to become business owners, and funding the business is key to a successful...
Do’s and Don’ts of Getting Funding for a Small Business or Franchise Opportunity
If you're like most prospective entrepreneurs, you'll need to finance part or all of your business purchase. Ensuring you have an appropriately structured funding plan is often the key to long-term success and profitability. You can start off on the right foot...
Retirement Funds to Buy a Business…NO WAY!!….But Maybe?
Have you ever? Had a job with a retirement plan? Contributed to a company retirement plan? Changed jobs and rolled over your retirement funds into the new company’s plan? Purchased employee stock? If you’ve done any of these, then you already understand the basic...
Benetrends Financial Founder Len Fischer’s New Book, Make it Rain, Hits #1 on the Best-Seller List
LANSDALE, PA. October 4, 2021....The candid advice and no-nonsense business lessons found in Leonard Fischer's new book, Make It Rain, have captured readers' attention, launching the book to the top of the Best-Seller List right after its publication. Leonard Fischer,...
SBA Loans for $150k and Under: What You Need to Know
As SBA lending options become more advantageous for service-based brands, let’s debunk common myths and clear up confusion surrounding this smart funding option with insight from a leading lender in this space. Webinar: SBA Loans for $150k and Under ...
Using Retirement Money to Fund a Business: The Pros and Cons
Entrepreneurs need many skills to be successful, including ingenuity, creativity, persistence, and strategic thinking. Never are these skills more necessary than when it comes to funding their startup dreams. One of the most creative business funding solutions is the...
ROBS vs. Self-Directed IRA: Which is Right for Your Business?
When it comes to funding options for your small business, there are many options. For many entrepreneurs, the best option can be found in their 401(k)/IRA. Using retirement fund assets as your primary financing source has several advantages, like not being subject to...
Launching a Business Post-COVID
There is truth that the small business economy can - and will - lead to our economic recovery post-COVID. While the US takes small steps toward a new normal, small businesses have been taking great leaps forward. There was a temporary dip in new business applications...