Benetrends Blog

How to Research a Franchise Opportunity

[fa icon="calendar'] Apr 19, 2019 1:47:00 PM / by Benetrends posted in franchise, women entrepreneurs, buying a franchise

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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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Can Women Get SBA Loans to Finance a Franchise Opportunity?

[fa icon="calendar'] Apr 15, 2019 6:42:00 AM / by Benetrends posted in women entrepreneurs, small business funding, sba

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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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Women In Business: Is Franchising in Your Future?

[fa icon="calendar'] Apr 9, 2019 12:02:00 AM / by Benetrends posted in women entrepreneurs, buying a franchise, franchise funding

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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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Top States for Minority Entrepreneurs for 2019

[fa icon="calendar'] Apr 3, 2019 3:56:00 AM / by Benetrends posted in minority business owners, 2019, minority-owned businesses

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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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Should You Be Certified as a Minority-Owned Business?

[fa icon="calendar'] Mar 29, 2019 2:22:00 AM / by Benetrends posted in small business funding, minority business owners, minority-owned businesses

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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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Financing a Minority-Owned Franchise: 5 Avenues to Explore

[fa icon="calendar'] Mar 25, 2019 5:00:00 PM / by Benetrends posted in franchise, buying a franchise, minority business owners

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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.

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American Minority Business Ownership: A Look at the Stats

[fa icon="calendar'] Mar 18, 2019 10:45:00 AM / by Benetrends posted in ROBS Strategy, 401k rollover funding, minority business owners, minority-owned businesses

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Data from multiple sources yields good news when it comes to business ownership. The number of minority-owned businesses in the United States is on the rise. That is good news for those thinking of starting their own business.

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Exploring Challenges and Opportunities for Minority Business Owners in 2019

[fa icon="calendar'] Mar 11, 2019 5:00:00 PM / by Benetrends posted in ROBS Strategy, 401k rollover funding, minority business owners, 2019, minority-owned businesses

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Minority business owners face the same challenges as other entrepreneurs – developing a sound business plan, understanding the market and competition, and creating products and services that customers need. However, for many minority business owners, there are additional complexities, challenges … and opportunities ahead in 2019.

When exploring challenges and opportunities for minority business owners in 2019, several issues are evident. Minority entrepreneurs face racism, difficulty in securing funding, and a lack of social capital on which to draw.

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Funding and Beyond: The Strategic Benefits of Partnering with Benetrends

[fa icon="calendar'] Mar 4, 2019 5:00:00 PM / by Benetrends posted in support services, benetrends partner, business growth, business planning resources

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Benetrends understands entrepreneurs. For decades, we have worked closely with business owners to help them fulfill their ambitions. 

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4 Business Roadmap Types to Help You Scale Strategically

[fa icon="calendar'] Feb 25, 2019 11:51:08 AM / by Molly Klein posted in Success strategies

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Business roadmaps help chart a strategic path for your business and are a valuable complement to your business plan. With a business roadmap, you can quickly compare actual results against your assumptions and make adjustments to improve operations and profits.

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