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When it comes to securing financing for your franchise, many aspiring business owners instinctively turn to their local bank. However, while banks are a common source of funding, they often fall short in meeting the unique needs of franchisees. That's where...
Expanding your business dreams just got easier. Benetrends Financial, a trusted name in franchise financing for over 40 years, is proud to announce the availability of Canadian Small Business Loans through the CSBFP. This exciting new service is designed to empower...
Introducing Your Kids to First Time Business Ownership By: Mike Minitelli As someone with two young kids, I see the value in teaching your kids positive relationship building skills that mean a lot in the long term. One of the most valuable skills I can impart is...
As a novice gardener, you wouldn't jump headlong into a 200-acre farming project without expecting a lot of difficult obstacles, right? Well, entrepreneurship is a lot like gardening. You have to find what you’re good at, start small, and enjoy the journey and...
Franchising is an exciting way to grow your business, but it's not without its challenges. One key to making it all work smoothly is understanding the benefits of funding partners for franchisors. A solid funding partner by your side can make a world of...
Ensure Your New Venture Has Proven Business Systems By: Mike Minitelli Hey there, first-time entrepreneurs! If you're looking to start your own business, you've probably got a million ideas swirling around in your head. But before you dive in headfirst, there's one...
In today's competitive market, franchise consultants and brokers need every advantage to stand out and provide top-notch service to their clients. Benetrends Financial offers a suite of resources designed to help brokers enhance their business, boost their...
In an exciting development, the Small Business Administration (SBA) recently announced its new pilot program, the 7(a) Working Capital Pilot (WCP) Program. This initiative aims to provide enhanced support for small businesses, and has garnered significant attention,...
Young Entrepreneurs Can Start a Business with Little Funds By: Mike Minitelli Are you a young aspiring entrepreneur with no or little funds to back your big audacious goals? Did you know you can actually launch a business as a young entrepreneur without a lot of cash...
Identifying the Ideal ROBS+ Candidate Choosing the best financial strategies for clients is essential. At Benetrends, understanding the profiles and characteristics that make someone an ideal candidate for the ROBS+ Plan is key. Let's explore what makes an ideal ROBS+...