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 […]
GrowBiz is a blog created by the Florida SBDC at FIU, the small business development center within Florida International University’s College of Business. The center’s team of business experts works one-on-one with about 1,000 entrepreneurs and business owners each year by providing confidential, no-cost consulting. The center’s mission is to help South Florida businesses grow and succeed. If you own a business in Miami-Dade or Monroe County with 3 or more employees, or are launching a scalable venture, the Florida SBDC at FIU is ready to help you successfully navigate the obstacles that often hinder business growth.