Benetrends Blog

How Franchising Helps Women Achieve a Better Work/Life Balance

[fa icon="calendar'] Apr 30, 2019 8:25:00 AM / by Benetrends posted in franchise, women entrepreneurs, buying a franchise

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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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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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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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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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Funding Your Franchise: What to Expect

[fa icon="calendar'] Jun 6, 2017 12:00:00 AM / by Molly Klein posted in buying a franchise, franchise funding

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When you are thinking about owning a franchise, understanding the costs of starting up your business and how to finance those costs is critical. Having a clear sense as to what it takes to open the doors varies from franchise to franchise, but there are several common costs that most franchisees face.

Here is a close look at what to expect when funding your franchise.

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Your Military Training Prepared You to Operate a Franchise

[fa icon="calendar'] May 1, 2015 12:00:00 AM / by Benetrends posted in buying a franchise, small business funding, veteran business funding, military

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You’ve completed your military career, and you’re ready to start a new career -- on your own terms. Studies indicate you earned discipline and skills in the military that directly apply to franchise management. Chances are, you earned something else: a Thrift Savings Account. So why not use your own funding? As a military entrepreneur, you can use your Thrift Savings Account – or other retirement funds – to invest in a franchise, start a new venture, or infuse capital into an existing business.


In a time when business opportunities are abundant and business lending sources are scarce, this type of self-reliant funding allows you to get a fresh start – tax-deferred and without early distribution penalties -- using funds you already have in reserve. Thousands of Americans have already done so. In the process, you’ll establish a qualified retirement plan that helps you – and your new company’s employees – plan for the future. Take control of your career and your future – with your own funds.

A new report from the IFA prepared by Franchise Business Review shows over 64,000 veterans, military spouses and wounded warriors have started careers in franchising, including 4,314 new veteran franchise business owners, since 2011 through Operation Enduring Opportunity, a campaign of IFAs VetFran Strategic Initiative.

You can download a copy of the report here: 2012 Veterans in Franchising: A Progress Report.

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The Senior Franchise Boom

[fa icon="calendar'] Dec 26, 2014 12:00:00 AM / by Benetrends posted in franchise, buying a franchise, senior entrepreneurs

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In a recent article by Julie Halpert, Special to CNBC.com, she highlights the boom in senior franchise owners.

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Funding a Franchise: Why Crowdfunding is Not Your Best Option

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in buying a franchise, franchise funding, business growth

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Funding a Franchise: Why Crowdfunding is Not Your Best Option

By: Dallas Kerley, President and CEO

Crowdfunding has been a growing buzzword among entrepreneurs for several years. In fact, platforms like Kickstarter continue to gain media attention — especially with recent successes such as the Reading Rainbow campaign that quickly went viral. With all the hype around such hugely successfully campaigns that have raised millions of dollars in a short amount of time, it’s worth asking the question: Is it right for franchisees?

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Returning Vet? Consider Opening A Franchise.

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in buying a franchise, franchise funding, veteran business funding, military

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As more and more veterans are returning home from active duty, they’re faced with the question, “What should I do with myself?” With a shaky economy and elevated unemployment rate, opening up their own franchise seems to be an attractive choice.

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