Benetrends Financial Responds to Game-Changing SBA 7(a) Fee Adjustments Effective October 1, 2023: An Unprecedented Opportunity for Aspiring Entrepreneurs

Lansdale, PA, [August 30th, 2023] — In a monumental move by the Small Business Administration (SBA), several significant changes are coming to the 7(a) loan program’s fee structure, effective October 1, 2023, for fiscal year 2024. Benetrends Financial, a trusted leader in franchise funding with over four decades of empowering entrepreneurs, is thrilled to amplify this incredible news.

IFA Statement on Department of Labor Proposed Overtime Rule

The International Franchise Association (IFA) today released the following statement on the U.S. Department of Labor (DOL’s) notice of proposed rulemaking on overtime pay.

IFA Statement on Department of Labor Proposed Overtime Rule

The International Franchise Association (IFA) today released the following statement on the U.S. Department of Labor (DOL’s) notice of proposed rulemaking on overtime pay.

Unleash the Love: Dogtopia Foundation Joins Forces with the Dogs of Dogtopia to Launch Fetch It Forward Fundraising Campaign During National Service Dog Month

This National Service Dog Month (September), the dogs of Dogtopia are on a mission to make a difference with the Dogtopia Foundation. I

The Dog Stop Ranks No. 3,511 on the 2023 Inc. 5000  

For the 2nd Time, The Dog Stop Makes the Inc. 5000, at No. 3,511 in 2023, With Three-Year Revenue Growth of 141 Percent

Prime IV Hydration & Wellness Celebrates Opening of 75th Franchise Location

Leading IV Treatment Spa Brand Achieves Historic Milestone with Many More to Come

Prime IV Hydration & Wellness Celebrates Opening of 75th Franchise Location

Leading IV Treatment Spa Brand Achieves Historic Milestone with Many More to Come

The Four Pillars of a Successful Franchise

In order to make a franchise successful, there are numerous factors to consider. We’ve boiled them down to four main principles:





1. Operations



It’s crucial to have an operations manual in order to run a successful franchise/company. The purpose of the operations manual is to organize, document and communicate operational requirements, systems and procedures for the franchisor and the franchisee. Consider the manual a toolkit, or bylaws for the business. From personnel to bookkeeping to quality controls, the manual documents the entire franchise’s protocols and procedures to operate within the brand concept.

Stretch Zone Ranks No. 1,536 on the 2023 Inc. 5000    

For the Third Time, Stretch Zone Makes the Inc. 5000, at No. 1,536 in 2023, With Three-Year Revenue Growth of 374 Percent

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