Benetrends Blog

 

How to Handle Hidden Costs of First-Year Businesses

No business owner likes surprises, especially those that cost money. Regardless, new small-business owners often find that their first year of operation will be filled with unexpected challenges and opportunities. 

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| Author Benetrends, tagged in start-up costs, business startups, small business startup costs
 

Entrepreneurial Dilemma: Do I Have Enough Money to Start My Own Business?

You have come up with a great idea for your own business, one that you are confident will be financially, personally, and professionally fulfilling. You are ready to start developing your business plan, doing market research, and testing marketing ideas.

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| Author Benetrends, tagged in small business startup costs, small business startup funding, business services
 

How Franchising Helps Women Achieve a Better Work/Life Balance

As a female franchise owner, is work/life balance possible? Are the competing demands of business and family too vast to realistically expect there to be a way to maintain control of both?

Surprisingly, many women franchisees say it is the move into franchising that has allowed them to find and maintain the sought-after work/life balance most of us aspire to.

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| Author Benetrends, tagged in women entrepreneurs, starting a franchise, women owned business, women in franchising
 

How Much Will You Need to Fund a Franchise Purchase?

Franchise ownership is a powerful way to become a business owner. Franchises come with established brand recognition, best practices, support and processes that can accelerate profitability and growth.

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| Author Benetrends, tagged in 401(k) plan, purchasing a franchise, ROBS Funding, Franchise Finance, women in franchising
 

How to Research a Franchise Opportunity

Are you thinking about buying a franchise? For female entrepreneurs, buying a franchise is a great way to become a business owner, but knowing how to research the many available options can be daunting. 

Below are some steps to take on how to research a franchise opportunity and questions to ask before investing. As seen in the recent post, Women in Business: Is Franchising in Your Future?, franchising has many advantages. Making an informed choice helps entrepreneurs to choose the right opportunity.

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| Author Benetrends, tagged in Success Stories, starting a franchise, women owned business, women in franchising
 

Can Women Get SBA Loans to Finance a Franchise Opportunity?

Women looking to buy a franchise can leverage government-sponsored programs to provide for start-up funding. While these programs can provide some assistance to get a franchise up and running, many female entrepreneurs find they need additional financing options to meet their start-up needs.

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| Author Benetrends, tagged in 401(k) Rollover Funding, 401(k) plan, sba loan, women entrepreneurs, ROBS Funding, women owned business, women in franchising
 

Women In Business: Is Franchising in Your Future?

While women franchise owners have been an often overlooked sector of the small business economy, recent signs point toward positive opportunities, growth, and resources available for female entrepreneurs.

Here is a closer look at some of the trends and what still needs to change to give women small business owners a seat at the franchise table

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| Author Benetrends, tagged in small business loans for women, women entrepreneurs, women owned business, women in franchising
 

Top States for Minority Entrepreneurs for 2019

If you are considering launching a minority-owned business, it is helpful to understand which cities and states are the top considerations for like-minded entrepreneurs.

As seen in the recent post, Exploring Challenges and Opportunities for Minority Business Owners in 2019, there are real possibilities for minority business owners to thrive today. Here is a closer look at the top cities and top states for minority entrepreneurs in 2019.

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| Author Benetrends, tagged in small business funding, minority small business ownership, financing for minority businesses, 2019
 

Should You Be Certified as a Minority-Owned Business?

For minority entrepreneurs, the opportunities are out there to start and build businesses that can thrive. As seen in the recent post, Exploring Challenges and Opportunities for Minority Business Owners in 2019, there are a growing number of minority-owned businesses across the United States.

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| Author Benetrends, tagged in business startups, minority small business ownership, financing for minority businesses
 

Financing a Minority-Owned Franchise: 5 Avenues to Explore

A new study shows a remarkable increase in the number of minority-owned franchises in the United States. If you are an entrepreneur considering opening a franchise business, the data shows the opportunity for business ownership.

... Read more
| Author Benetrends, tagged in 401(k) plan, minority small business ownership, financing for minority businesses
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