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Are you thinking about buying a franchise? There are major upsides to going that route, such as brand recognition, built-in marketing support, and networks of like-minded business owners. There are also some downsides that should be considered, such as...
What is post-closing liquidity and why is it important to have enough money after the business is funded. This article, written by Benetrends' SBA Funding Specialist Richard Snow MBA, appeared in the February 2018 issue of Franchising World. ...
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,...
Thinking about starting your own business in 2018? As seen in the recent post, 4 Top Industries for Entrepreneurs in 2018, there are lots of great options and possibilities for would-be business owners. Still, there might be lingering apprehension about whether...
Optimism abounds for entrepreneurs in 2018, with stock markets continuing to offer strong returns, strong consumer sales, and a vibrant job market. Yet despite the enthusiasm, there are still many things that keep entrepreneurs up at night, including the fast-evolving...
Larry Carnell, Benetrends' VP of Business Development, shares insight on why starting a business or purchasing a franchise might be a better option than waiting for a job opportunity. When you think back to the impression you’ve been given your whole...
Every year brings new innovations and opportunities for entrepreneurs as consumer tastes and preferences evolve. For entrepreneurs looking to start their own business in 2018, what industries and sectors hold the most promise? What do would-be business owners need to...
A key component of business growth is a reliable funding partner. Benetrends has a black belt in financing - and Code Ninjas growth is proof. There are franchises that slowly increase their brand with a few new locations every year, and then there are the franchises...
With tech-savvy skills honed after growing up in the digital age, an entrepreneurial spirit, and a global perspective on interactions, millennials have a remarkable set of skills that make them ideal candidates to run their own businesses. Given the right support and...
Age is nothing but a number. When it comes to owning your own business, age can be a decided advantage. Life experience, business background, and worldliness give entrepreneurs over 50 leverage that will help them as they embark on owning their own companies. As seen...
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