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...
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Benetrends Blog
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...
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...
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...
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...
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. For many potential business...
American Minority Business Ownership: A Look at the Stats
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. Yet many people of color still face...
Exploring Challenges and Opportunities for Minority Business Owners in 2019
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...
Structuring Your Business: Why It’s Important to Plan for Your Exit Strategy
Of all the things to consider when opening a franchise, one would think the least important would be the exit strategy. This is a great time to think about the end game. When the lifecycle of a business ends, the goal for an owner isn’t about the money that’s...
Funding and Beyond: The Strategic Benefits of Partnering with Benetrends
Benetrends understands entrepreneurs. For decades, we have worked closely with business owners to help them fulfill their ambitions. With Benetrends, you will have a relationship that endures, covering all stages of your business development, launch, operations,...