Benetrends Blog

For new businesses, cash flow is an important element of money management. Having adequate funds on hand to cover financial obligations, especially when revenue is uncertain or inconsistent, is a key part of managing a small business. As seen in the recent...

For small business owners, one of the most important tasks is to build a comprehensive, thorough, and accurate budget. Having a precise budget lets you know how much money you need for start-up costs and ongoing expenses, anticipate gaps, and know how much funding you...

Having sound legal advice is always a good idea for any business owner, but perhaps even more critical for an entrepreneur who is starting and growing a new business. As seen in the recent post, From Wantrepreneur to Entrepreneur: The Essential To-Do List, having...

When you are thinking of starting your own business, you have many decisions to make. Where should you begin and what is the right sequence to take to go from wanting to be an entrepreneur (WANTrepreneur) to becoming an entrepreneur?  Here is the...

When entrepreneurs are thinking about starting their own business, one decision that weighs heavily is whether to go into debt. As seen in the recent post, Small Business Funding By the Numbers: What Every Entrepreneur Should Know, there are plenty of financing...

Recent research from the U.S. Small Business Administration’s Office of Advocacy shows the landscape is optimistic for entrepreneurs considering starting their businesses in low-income areas. As seen in the recent post, Small Business Funding by the Numbers: What...

Women-owned businesses can leverage financing options and preferred-vendor status with various federal departments by registering as such. Taking advantage of these opportunities, depending on the industry, can open up major perks for women looking to start or grow...

A recent report released by the U.S. Small Business Administration provides valuable insights on which states provide the best opportunities for those interested in starting a business. As seen in the recent post, Small Business Funding By the Numbers:...

A recent report by the U.S. Small Business Administration’s Office of Advocacy provides detailed data about the state of small business funding. The data illustrates some of the challenges and opportunities for small business owners in 2018. ...