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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. ...
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...