Benetrends Blog

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

[fa icon="comment"] 0 Comments

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.

Read More [fa icon="long-arrow-right"]

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

[fa icon="comment"] 0 Comments

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.

Read More [fa icon="long-arrow-right"]

3 Innovative Ways to Use the Rainmaker Plan to Grow Your Business

[fa icon="calendar'] Dec 10, 2018 10:00:00 AM / by Molly Klein posted in ROBS Strategy, benetrends funding, 401k rollover funding

[fa icon="comment"] 0 Comments

Entrepreneurs looking to leverage existing 401(k) assets to start their business have long trusted the Benetrends Financial's Rainmaker Plan® to realize business ownership. With those assets available, business owners have more flexibility in how to start and grow their companies.

Read More [fa icon="long-arrow-right"]

Are There Restrictions on How to Use ROBS Funding for Your Business?

[fa icon="calendar'] Dec 3, 2018 10:00:00 AM / by Molly Klein posted in ROBS Strategy, small business funding, benetrends funding, 401k rollover funding, profit sharing plan

[fa icon="comment"] 0 Comments

If you are considering using 401(k) or IRA plans to finance your new business, you know the power of financing your venture using your own hard-earned cash.

Read More [fa icon="long-arrow-right"]

Can You Use Any Type of Retirement Plan for ROBS Funding?

[fa icon="calendar'] Nov 19, 2018 11:00:00 AM / by Molly Klein posted in ROBS Strategy

[fa icon="comment"] 0 Comments

When you want to use the Rollover as Business Startup (ROBS) strategy to fund your entrepreneurial dreams, you will need to be sure you have access to the right types of retirement funds.

Read More [fa icon="long-arrow-right"]

ROBS: The Best-Kept Secret for Funding Your Dream Business

[fa icon="calendar'] Oct 8, 2018 11:00:00 AM / by Benetrends posted in ROBS Strategy, benetrends funding, 401k rollover funding

[fa icon="comment"] 0 Comments

Ever since you started working, you have been told to save for the future, so you'll have the means to live in the future.  Whether you have a company sponsored retirement plan, are investing in a personal IRA or making regular investments into a savings account, you understand the importance of building your nest egg for the next chapter of your life. 

Read More [fa icon="long-arrow-right"]

7 Top Small Business Funding Strategies for 2018

[fa icon="calendar'] Feb 27, 2018 12:00:00 AM / by Benetrends posted in ROBS Strategy, small business funding, sba, 401k rollover funding

[fa icon="comment"] 0 Comments

Identifying the right way to finance your small business is an important decision for any entrepreneur. Unless you are sitting on a pile of cash, you will need to go out and secure funds for start-up costs and to keep the business, not to mention your personal life, going until revenue begins to appear.

Read More [fa icon="long-arrow-right"]

Grow your Business like Code Ninjas - with a 'Black Belt' Funding Partner

[fa icon="calendar'] Feb 14, 2018 3:44:34 PM / by Molly Klein posted in ROBS Strategy, benetrends partner, client spotlight, 401k rollover funding

[fa icon="comment"] 0 Comments

There are franchises that slowly increase their brand with a few new locations every year, and then there are the franchises that seemingly expand overnight.

Read More [fa icon="long-arrow-right"]

How will the Tax Cuts & Jobs Act Affect ROBS?

[fa icon="calendar'] Jan 4, 2018 12:00:00 AM / by Benetrends posted in ROBS Strategy

[fa icon="comment"] 0 Comments

We have been very watchful of the tax reform that has been fiercely debated in Washington and was signed into law on December 22, 2017.  With the help of our tax partners, below are some of the highlights regarding the reform’s effect on the ROBS business:

Read More [fa icon="long-arrow-right"]

Rainmaker Roundup-November 2017: How will changes to the SBA's Standard Operating Procedures affect you in 2018?

[fa icon="calendar'] Nov 27, 2017 3:46:25 PM / by Molly Klein posted in ROBS Strategy, small business funding, sba, benetrends funding, 401k rollover funding

[fa icon="comment"] 0 Comments

How will changes to the SBA's Standard Operating Procedures affect your business in 2018?

Read More [fa icon="long-arrow-right"]

Subscribe to Email Updates

Recent Posts