The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
It’s no secret that the pandemic has caused many of us to reconsider our career paths and priorities. As a result, individuals are quitting their jobs in droves, with recent statistics showing that one in four Americans has quit their job in 2021. For those that took...
Written by Eric Schechterman, Chief Development Officer at Benetrends As we explored in a previous blog, “Launching a Business Post-COVID”, there is an increase in the number of people looking to become business owners, and funding the business is key to a successful...
Have you ever? Had a job with a retirement plan? Contributed to a company retirement plan? Changed jobs and rolled over your retirement funds into the new company’s plan? Purchased employee stock? If you’ve done any of these, then you already understand the basic...
Entrepreneurs need many skills to be successful, including ingenuity, creativity, persistence, and strategic thinking. Never are these skills more necessary than when it comes to funding their startup dreams. One of the most creative business funding solutions is the...
The small business funding option known as ROBS, or Rollover as Business Startups, is a prime lending specialty of Benetrends. But the fundamental question of utilizing this option comes down to a simple query – is ROBS a good idea? Before we begin, understand that...
If you’re looking to start or scale a business, it’s important to have ample funding. Leveraging your 401(k), IRA, or other retirement funds to start or scale a business is a valuable way to use your existing resources without saddling your venture with debt....
It’s no secret that the pandemic has caused many of us to reconsider our career paths and priorities. As a result, individuals are quitting their jobs in droves, with recent statistics showing that one in four Americans has quit their job in 2021. For those that took...
Written by Eric Schechterman, Chief Development Officer at Benetrends As we explored in a previous blog, “Launching a Business Post-COVID”, there is an increase in the number of people looking to become business owners, and funding the business is key to a successful...
Have you ever? Had a job with a retirement plan? Contributed to a company retirement plan? Changed jobs and rolled over your retirement funds into the new company’s plan? Purchased employee stock? If you’ve done any of these, then you already understand the basic...
Entrepreneurs need many skills to be successful, including ingenuity, creativity, persistence, and strategic thinking. Never are these skills more necessary than when it comes to funding their startup dreams. One of the most creative business funding solutions is the...