Helping Businesses Grow & Succeed
Growth progressively slows down at family-owned businesses after the founder steps down. If you are the 2nd or 3rd generation of a family business, how can you reverse that reality? In a 2018 study, PwC found that in the first generation of a family business, 42% of family businesses have […]
This week, U.S. Sen. Marco Rubio (R-FL), chairman of the Senate Committee on Small Business and Entrepreneurship, and Sen. Gary Peters (D-MI) introduced The Small Business Cybersecurity Assistance Act of 2019, which aims to better educate small businesses on cybersecurity through counselors and resources offered at Small Business Development Centers. […]
Who is franchising? The majority of franchise business owners are over 50 years old, but millennials are beginning to show interest. That’s according to findings of a new national survey. “Baby boomers still represent a majority of people we encounter pursuing franchise opportunities,” said David Nilssen, CEO of small business […]
Born in an era of e-commerce infancy, Zappos turned 20 this year. “People thought we could never sell shoes online. We proved them wrong. And people said it’s crazy to think customer service could be a brand. We proved them wrong on that aspect as well,” says Ryo Hanalei Zsun, […]
Researching your market thoroughly is time well spent, and databases can open up a world of information. A couple of weeks ago, GrowBiz provided you with a rundown of some of the free government databases and resource sites that can help you get started on the road to becoming a […]
Setting up a new business to soar starts with the right team on the ground. Never underestimate the value of industry expertise and complementary strengths. When Maria Esther Martinez, an engineer, set out to develop Aerosens, a Miami-based technology startup serving the aviation industry, she had corporate and startup experience. […]
Alternative financing options are on the rise and more small businesses are seeking them, according to results from the Q2 Private Capital Access Index from Dun & Bradstreet and Pepperdine Graziadio Business School. Here are some of the findings: Thirty-four percent (34%) of respondents attempted to raise bank financing in […]
Juan and German Puerto of Miami come from a long line of business owners in Colombia. So it wasn’t a hard decision to take on the challenge of growing a tropical ice cream brand, Fruitique, started by their father and inspired by their heritage. The brothers joined the company full-time […]
Chaotic periods can destabilize a small business, and sometimes it doesn’t take much. Some of it is just part of the company’s growing pains. Isn’t this a familiar scenario? Your sales are coming in fast and furiously but you don’t have the staff to handle it. Perhaps your sales cycle […]
If you run a growing small business, there is a good chance you are facing one or all of these challenges. We picked the brains of some small business experts to help you find a way to overcome them. You are slow getting to market with your product or service. […]