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Benetrends Blog

 

Radio Interview with Dallas Kerley on Franchise Funding

Benetrends’ Chief Development Officer, Dallas Kerley, recently spoke with Hugh Conelly, President of Univest Small Business Banking, to discuss ways to fund a franchise.

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| Author Kristy Boldt, tagged in
 

Benetrends Named Gold Award Winner for Franchising Gives Back Awards

Benetrends Wins Gold!

The 2nd Annual Franchising Gives Back Awards, sponsored by the International Franchise Association, were held September 12, 2016 in Washington D.C. This ceremony acknowledges and celebrates philanthropic endeavors of franchisors, franchisees and suppliers who comprise the IFA community.

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| Author Molly Klein, tagged in Benetrends Gives Back, International Franchise Association (IFA), Little Rock Foundation
 

Do’s and Don’ts of Getting Funding for a Small Business or Franchise Opportunity

Are you ready to become a small business or franchise owner? 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.

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| Author Kristy Boldt, tagged in franchise funding
 

Franchise Financing: The Experts Weigh In (Hand & Stone)

Benetrends President/CEO, Rocco Fiorentino, was interviewed as an expert for an article on Franchise Financing for Hand & Stone franchise opportunities.  He weighs in on some common franchise funding questions including:
  • Why franchise funding is needed
  • Funding options available: ROBS 401(k) funding (Rollovers as Business Startups), SBA Loans, Conventional Loans, etc.
  • The role of the franchisor in helping candidates secure franchise financing

The article also explains how Hand & Stone helps prospective owners secure franchise financing through Benetrends proprietary fund, which has grown to $20 million earmarked specifically for their franchisee candidates!

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| Author Kristy Boldt, tagged in
 

Looking for a Small Business?  Consider a Delivery Route!

If you are like me, you may have never thought of delivery routes as a business option, but they are, in fact, a hidden treasure in the franchising world.  Delivery routes (known simply as “routes”) are profitable investments, with many advantages.

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| Author Molly Klein, tagged in small business funding, Small business ideas
 

Client Successes: Rainmakers in the News

Here’s our latest roundup of our Rainmaker clients who have been featured in various news outlets recently. We are proud to have helped make it happen!

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| Author Kristy Boldt, tagged in
 

Benetrends Client of the Quarter - Chateau Davison, Inc.

Benetrends Client of the Quarter

One on One with Wendi Davison

Chateau Davison, Inc.


Wendi and Bruce Davison are owners and proprietors of the Arnold Black Bear Inn, located at 4,000 feet elevation in the Sierra Foothills of Northern California, in the town of Arnold. Arnold is home to Calaveras Big Trees State Park, where you can find lakes, streams, rivers, hiking/biking trails, golf and even giant sequoias. They have owned the inn, built in 2002, since 2009.
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| Author Benetrends, tagged in
 

Is An SBA Loan The Right Option To Fund Your Business?

 

As you begin your journey to own a small business and finally realize your dreams of entrepreneurship, the effort to secure funding for your start­up may seem daunting. While the thought of finally getting your business up and running is exciting, the time and energy that goes into knowing how to fund your business is enough to leave the most passionate entrepreneur a little shaky.

But, your excitement doesn’t need to wane during this process.

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| Author Benetrends, tagged in
 

The Pros & Cons Of Using Retirement Funds To Start A Business

It’s a common misconception that you can only use your retirement savings to purchase investments like publicly traded stocks, bonds or mutual funds. Actually, you can use most retirement plans to buy a business – tax-deferred and penalty-free.

While this is great news to those looking into small business funding options, you must still do your research and ensure you’re fully knowledgeable about both the benefits and risks of using these funds in such a manner.

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| Author Benetrends, tagged in

Are you Ready for an Encore? A Quick Look at Encore Entrepreneurs

Are you over the age of 50 and interested in starting a business? Called “encore entrepreneurs”, this is one of the fasting growing groups of small business owners according to the Small Business Association (SBA). In fact, a recent Gallop Poll Survey indicated this group is TWICE as likely as millennials to plan to start a business.

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| Author Benetrends, tagged in
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