Helping Businesses Grow & Succeed
The Health Foundation of South Florida, Miami-Dade County, the Greater Miami Chamber of Commerce and the Coalition of Miami-Dade Chambers of Commerce have joined forces to launch the “We Did It,” a pledge program that calls on the region’s small businesses to encourage employees to be vaccinated against COVID-19. The […]
Restaurants already have one of the highest failure rates among industries. Add to that a pandemic crisis that has dealt a huge blow to the eateries just trying their best to keep the lights on. Three Florida International University seniors — Albertina Manosalva, Analys Rodriguez and Camila Navarro – have set […]
While there is not much positive to say about the economic devastation caused by the COVID-19 pandemic locally and nationally, there is at least one silver lining. And with what we have gone through, we’ll take it. According to new economic data, new businesses are being formed at the highest […]
The Small Business Administration has raised the cap on COVID-19 related loans from $500,000 to $2 million, to help small businesses recover from the COVID-19 pandemic. The agency is set to begin approving loans with the higher caps Oct. 8. EIDL applications will close Dec. 31, 2021, unless the program’s […]
By Dileep Rao – Guest Contributor Joe Martin started his first business in 2004 with $375 when he was an international student at a community college in Florida. He built this business to more than $10 million in annual sales by 2012. He used $500,000 in profits from this business […]
You’re not alone, small business owners. Nearly three-fourths of small businesses expect to increase sales in the next six months yet are having trouble filling their job openings, according to a new national survey of small businesses conducted in August by PNC. Even though, nationally, job openings are at their […]
What’s the No. 1 reason small businesses fail? Cash flow, not lack of profits. About 80% of small business failures happen because of poor cash-flow management. Ray Juncosa, a consultant at Florida SBDC at FIU and a finance specialist, says he hears it all the time from his clients: “They say ‘we […]
Call for applications for 10,000 Small Businesses: The Goldman Sachs 10,000 Small Businesses at Miami Dade College program is looking for applicants for its January 2022 cohort. The free 12-week program is designed to help business owners, and the program includes a Babson-designed entrepreneurship curriculum and a wealth of one-on-one advice, clinics, and networking opportunities. Applications […]
In Miami, a coalition of funders, leaders and local Community Development Financial Institutions came together to ensure that as many of our small businesses as possible would survive the pandemic. The RISE Miami-Dade Fund (RISE), which the Miami-Dade Board of County Commissioners seeded with CARES Act funding, distributed $20 million to […]
We checked in on a few of the small businesses we followed during the pandemic. They have survived, and dare we say it, thrived because of the steps they took and pivots they made during the pandemic, sometimes painful, to get through it. These are just a few of the […]