Category Archives: Company News

Bento for Business gets two software awards from FinancesOnline

By | Accounting, Business Prepaid Debit Card, Company News, Finance | No Comments

We’re happy to announce that Bento for Business scored big in a recent analysis by trusted B2B directory FinancesOnline.com. Reviewers gave their double thumbs up, scoring us an 8.0 out of 10 with a user satisfaction rating of 94%. They noted how our prepaid cards and expense management platform make it easy for business owners to control employee spending, prevent cash leaks, trim down operational costs, and make expense management more transparent. Additionally, we received the 2017 Rising Star Award and Great User Experience Award in FinancesOnline’s best expenses management software category. Experts…

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Freedom for SMB’s: What the 4th of July Means to Small Business Owners

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The 4th of July is here – it’s the right time for businesses to reflect upon their success and appreciate the freedom they enjoy. While freedom is the most basic human right every American cherishes in their daily life, it’s often underappreciated by the business owners. According to The Freedom Report, high-freedom companies have been found to have dramatically outperformed the competition in terms of financial results, innovation and long-term success. Small business owners can…

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5 Negotiating Tips for Construction Loan Financing

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If you’re in the commercial real estate business, you know it is extremely crucial to attract funding to your operations and sustain your cashflow. In order to grow your construction business steadily and expand your operations, you must explore opportunities to get construction loan financing. As a contractor, your options include a line of credit, bonding, and bank loans. However, you should be familiar with the best practices of negotiating a construction loan, which can…

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How to Host a Successful Corporate Event with a Small Budget: 7 Money-saving Tips

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Hosting a successful corporate event requires a great deal of planning, proper allocation of resources, choosing the best people for individual assignments, and, of course, a budget that offers you ample freedom to execute your ideas. However, you won’t necessarily get that freedom every time, which give you an opportunity to go creative and prove your event planning skills. Here are a few even planning best practices that can help you host an event with a...
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How to Plan Events Like a Pro: 4 Best Event Management Practices

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Event management is a stressful job. It requires a great deal of planning, coordination, and attention to detail to ensure everything goes just as planned. Those countless tasks, daunting deadlines and the growing expectations of your guests can take their toll on you, leaving you stressed out. It’s no wonder why Event Coordinator was rated as the 5th most stressful job in 2017 according to the Annual CareerCast.com 2017 report. To put this into perspective,...
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4 Goals Every Small Business Owner Should Set

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There is as much planning required to run a small business as there is to lead a healthy and happy life. This essentially means a small business owner must plan ahead of time and execute their plans well, and know how to strike the perfect balance between work and life in order lead a successful business. But, of course, it’s not as easy as it sounds – there are many obstacles in real life that…

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6 Reasons Why You Shouldn’t Mingle Small-Business and Personal Banking

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Starting a new company can throw many challenges at you. From registering a company to setting up space, startup entrepreneurs must answer quite a few questions before they set up their business. One of the most crucial decisions sole proprietors often encounter is whether they should open a separate business account or use their personal checking account to manage day-to-day business operations. A TD Bank Survey of small business owners conducted in 2015 revealed as…

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Tips for Giving Your Small Business a Financial Spring Cleaning

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Spring cleaning your business essentially refers to streamlining all vital aspects of your business such as taking care of old bills, following up on overdue invoices, and taking stock of your long-term business plans. Not only does it help you stay prepared to face the contingencies, it helps you save costs in the long run as well. For example, if a company with $30,000 monthly operational costs is able to streamline its operation and reduce…

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Why Immigration is Crucial to Small Business Growth

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Immigrants have always been key to the American economy, significantly contributing to the country’s tax revenue and total economic output. A report (Center for Immigration Studies) by Harvard states, in 2013, immigrants added $1.6 trillion to total US gross domestic product. According to a study by Small Business Administration, which was based on an estimate from 2000 US Census data, immigrant business owners made remarkable contributions to business income, generating $67 billion of the $577…

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Why Video Conferencing Makes Your Office Communications More Human

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The dynamics of office communications have evolved over the years, inspiring technological innovations for a better experience. While emails continue to remain an effective mode of business communication for many, tools like Slack and Highfive are also gaining ground in the modern business world today. According to research, a mind-boggling 2.4 million emails are sent every second which explains why so many companies lose productive hours, buried under piles of emails. Meanwhile, video conferencing tools…

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