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Benetrends Blog

Financing Strategies for Multi-Unit Operators

Financing Strategies for Multi-Unit Operators

When looking to open a franchise, many times the franchisor wants the franchisee to commit to multiple units. The most common scenario is the desire for a “three-pack” over a two- to three-year window. Funding a multi-unit development was sometimes difficult in the...

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Girls Just Want To Have Funds!

Girls Just Want To Have Funds!

Women-owned businesses are a huge part of the economy. Knowing how to access and obtain the special resources available for these companies is critical for success. We can help you locate all the necessary resources to start and grow your business. Many studies...

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Franchising USA: Everything You Need to Know About Insurance

Franchising USA: Everything You Need to Know About Insurance

It’s important to have adequate insurance coverage for your franchise or small business. This article, written by Benetrends Director of Insurance Management, Bill Skene, discusses everything a business or franchise owner needs to know about insurance - including the...

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The Importance of a Business Plan

The Importance of a Business Plan

Writing a strong business plan is essential to the growth of your business and is often required to obtain a loan. There are two main purposes for writing a business plan. First and foremost, a business plan will serve as a guide during the life of a business, with...

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Ways Small-Business Owners Can Celebrate Veterans Day

Ways Small-Business Owners Can Celebrate Veterans Day

The origin of Veteran’s Day began on November 11, 1918 when at 11:00am when the Allied powers signed a ceasefire agreement ending World War I. On the first anniversary, the United States celebrate Armistice Day.  It became a national holiday in 1938 and in 1954...

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How will the Government Shutdown Affect SBA Loans?

How will the Government Shutdown Affect SBA Loans?

There will be stories about all the things that the SBA cannot do during the shutdown, but the impact on the actual lending programs are minimal.  How is that? First - please note, this is nothing new. There have been 17 previous government shutdowns in my career...

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