As AMC stock surges SEC says it's watching for disruption of the market, manipulative trading, or other misconduct The U.S. Securities and Exchange Commission warned Monday that it is closely monitoring frenetic moves in the stock market, amid the stratospheric surge in values of meme stocks AMC Entertainment and GameStop Corp. “SEC staff continues to monitor the market in light of the ongoing volatility in certain stocks to determine if there have been any disruptions of the

Like it or not, Musk has become Bitcoin's biggest influencer When Elon Musk speaks, bitcoin investors listen. The Tesla chief executive’s often-cryptic messages have sent bitcoin’s price on a roller-coaster ride this year. Prices soared nearly 20% one January morning when he added “#bitcoin” to his Twitter biography. They jumped 16% in a single day the following month after Tesla Inc. revealed it bought $1.5 billion worth of the cryptocurrency. Then, he tweeted earlier this m

Why data-driven financial forecasting is crucial to the modern CFO Financial planning and analysis (FP&A) teams play a crucial role in modern companies. With functions such as budgeting, forecasting, and financial analysis falling under their purview, C-suite executives rely on FP&A to illuminate the way forward. The rise of big data solutions and analytics has impacted the way CFOs and their FP&A teams conduct financial analyses. Here are three ways in which data is driving

Avoiding the bait-and-switch of small business finance Small to medium sized business borrowers today are faced with an interesting conundrum. While the number of sources that can facilitate access to capital could shrink, the number of financial products available on the market today designed for SMBs continues to grow. SMB owners are intelligent, busy, and they often lack the time it takes to get fully educated on which products might be most appropriate for their unique ne

Mississippi Cares Let’s not forget to continuing supporting each other, our communities and our small businesses as we approach the possible end of the COVID pandemic here in the US! The COVID pandemic has upended so many companies, individuals and their dreams. The hallmark of resilience and entrepreneurship is to pivot, persevere and continue forward. Benay is so thrilled to be able to support Mississippi Cares, a recent start-up that provides custom disinfecting and sanita

"It's been like tax season for an entire year" Benay's CEO, Dawn Reshen-Doty talks small business survival during a pandemic on "Inside Maine" radio show with Marty Grohman, Executive Director of Environmental & Energy Technology Council of Maine (E2Tech). They discuss the big picture of how small businesses had to navigate their finances during 2020 and the stark inequities that were exposed during the rollout of the governmental loans. Learn more FINANCE How financial advis

Here's (Almost) Everything Wall Street Expects in 2021 Annual market outlooks from big banks and investment firms are projecting good things for the new year. Check out "Here's (Almost) Everything Wall Street Expects in 2021". Learn more. FINANCES Wells Fargo's 2021 forecast include a warning for Tesla investors Discover why Wells Fargo’s Chris Harvey says Tesla will become the new AOL. Check out “Wells Fargo’s 2021 forecast includes a warning for Tesla investors” to learn mo

The Power Of Owning Your Own Career CEO of Benay, Dawn Reshen-Doty, participated in a podcast with Simone Morris to speak more about the power in owning your own career. On December 6th, the episode “Be Fearless In Asking For Help” will go live. Be sure to stay tuned. Learn more. FINANCES BuzzFeed to acquire HuffPost in stock deal with Verizon Media New-media companies have been exploring mergers as they try to jump start growth. Read “Buzzfeed to acquire HuffPost in stock d

3 Essential But Overlooked Policies Every Practice Needs Benay CEO Dawn Reshen-Doty sat down with Richard P. Terhune, Jr., CLTC, LUTCF of New York Life to ask him the top 3 things that our clients, including attorneys, don’t realize they need in terms of agreements or policies. Many of these issues are applicable to all types of companies but the focus here is on attorneys and law firms in particular. The policies: Retirement plan(s) Key person protection (in case of death or

A sweet success story: Noteworthy Chocolates’ experience with Benay At Benay Enterprises your back office is our front office. Watch this video to find out how our services helped Noteworthy Chocolates, the World's only personalized chocolate engraving service, reach success - especially during turbulent times. Becoming a Benay partner guarantees that your accounting and bookkeeping needs will be met with ease. Contact our office today! Diversity in the Workplace: A Virtual P

COVID-19 Is Your Business Eligible for Connecticut CARES Small Business Grant Program? If you own a small business in Connecticut you may be eligible for a grant buy the Department of Economic and Community Development (DECD). The $50 million grant program is designed to help our small businesses in Connecticut recover from the impact of COVID-19. Eligibility Criteria: No more than 20 full time employees in 2019 across, or have total 2019 payroll of less than $1.5 million. A