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It's not uncommon for entrepreneurs and business operators today to tap into their 401(k) or other retirement accounts to seed growth and expansion. This holds true in franchising as well. If you're a multi-unit franchisee considering how you might use your...
Transcript: Kerley begins the interview by talking about what we do. "Benetrends has been around for 30 years, helping entrepreneurs fund the business of their dreams. We are actually the original architects of a strategy that allows an entrepreneur to...
The Future 50 Awards program is the largest and most highly anticipated SmartCEO awards program of the year. This program recognizes 50 fast-growth, mid-sized companies in the region, five large Blue Chip companies and five small Emerging Growth companies. These...
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...
NORTH WALES, Pa., Jan. 23, 2014 /PRNewswire/ -- Benetrends, the trusted leader in franchise funding, has been recognized by Philadelphia SmartCEO as a 2014 Future 50 award winner. This program recognizes 50 fast-growth, mid-sized companies in the region, five...
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...
Hand & Stone Secures $10 Million in Initial Funding to Drive its Expansion Across U.S. NORTH WALES, PA Jan. 7, 2014 /PRNewswire/ -- Benetrends, the trusted leader in franchise unding, announced today the creation of a new proprietary $100 million...
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...
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...
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...