Benetrends Blog

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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. The...