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Benetrends Blog
Multi-Unit Franchisee: Retiring To Grow: Benetrends CEO on How Franchisees can Finance Growth
In a recent edition of Multi-Unit Franchisee magazine, Rocco Fiorentino, CEO of Benetrends, addresses common questions on how entrepreneurs can finance growth, including: Who should I approach to help fund my business? What are my options? How much capital do I really...
Benetrends Appoints Rocco Fiorentino, CFE as CEO
The Pros & Cons Of Using Retirement Funds To Start A Business
It’s a common misconception that you can only use your retirement savings to purchase investments like publicly traded stocks, bonds or mutual funds. Actually, you can use most retirement plans to buy a business – tax-deferred and penalty-free. While this is great...
Is An SBA Loan The Right Option To Fund Your Business?
As you begin your journey to own a small business and finally realize your dreams of entrepreneurship, the effort to secure funding for your startup may seem daunting. While the thought of finally getting your business up and running is exciting, the time and energy...
Are you Ready for an Encore? A Quick Look at Encore Entrepreneurs
Are you over the age of 50 and interested in starting a business? Called encore entrepreneurs, this is one of the fasting growing groups of small business owners according to the Small Business Administration (SBA). In fact, a recent Gallup poll survey indicated this...
401(k) or a Profit Sharing Plan
Before choosing a profit-sharing plan or a 401(k), it’s important to understand what they are. All retirement plans are profit sharing plans. A profit-sharing plan is one where the employees don’t make contribution and the employer has the option to make...
Franchising World: Three Biggest Funding Mistakes You Might Be Making with Your Candidates
In order to attract the best candidates, a franchisor must present the strongest case for their brand. Candidates need funding, not only for the initial phase, but as the business grows. This article focuses on how to ensure candidates are funded the right way in...
Use Your Retirement Funds To Purchase A Business – An Infographic
The following infographic illustrates how entrepreneurs can use their qualified retirement plan to purchase or recapitalize a business/franchise, tax-deferred and penalty-free. Highlights include the 4-step process of using a ROBS (Rollover as Business Startup) and...
Cottman Transmission and Total Auto Care Partners with Benetrends Financial to Put Entrepreneurs in the Express Lane to Franchise Ownership
Established franchise now offering franchisees fast and economical custom funding solutions to start or expand an automotive care business. Horsham, Pa. (April 6, 2016) - Cottman Transmission and Total Auto Care, an automotive aftermarket industry-leading...