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 […]
Author: GROWBIZ
How he built it: This FIU Business alumnus is growing the ‘Uber of Accounting’
By Ellen Forman Back in 2015, Richard Laviña (MAcc ‘13) was rising through the ranks at accounting giant PwC. He was offered a job at the firm’s national headquarters in New Jersey, required for all partnership candidates, which meant leaving his Miami home and family. Hitting what he called “a fork in […]
5 secrets to taking off without venture capital
By Dileep Rao – Guest Contributor There will never be enough early-stage venture capital (VC) to satisfy the world’s venture hopes. But these hopes may be misguided by the myths—and the hype—of VC. VC has many holes that need to be plugged: VCs finance very few and succeed on fewer. […]
7 things we can all learn from Jeff Bezos, the entrepreneur
By Dileep Rao – Guest Contributor Note: This is an excerpt from a series on unicorn-entrepreneurs. Jeff Bezos has left as the CEO of Amazon.com, a company he built from an idea to one of the world’s greatest companies (and I am not commenting on his HR policies). As he […]
Keep your customers engaged and you’ll reap rewards. Find out how.
To find a new customer, it takes time, effort and money – all in short supply for most small businesses. Yet in the hunt for new leads, many businesses miss a sounder strategy: growing engagement, and business volume, with the customers they already have. From social media strategies and maximizing […]
How a BB King song nailed the first stage of venture capital
By Dileep Rao – Guest Contributor Robert Johnson was on CNBC and like many others, wanted someone to offer more venture capital for minority venture development. With all due respect, he needs to be clearer on exactly what he means, who should be funding this, and what risks are they […]
8 things to do after your PPP loan
By Gerri Detweiler – Guest Contributor You’ve gotten your PPP loan, spent it properly, and hopefully qualify for full forgiveness. Congratulations! What’s next? Here are six steps you can take now, after your PPP loan, to help ensure your business continues on the road to recovery. Get a Grip On […]
8 Ways the American Rescue Plan Will Help Small Businesses
By Gerri Detweiler – Guest Contributor The American Rescue Plan Act has passed the House and Senate, and President Biden is expected to sign it this week. It includes a number of provisions that will help small business owners— including those who are self-employed or are independent contractors— in the form […]
The case for business interruption insurance: Pros and cons
By Susan Guillory – Guest Contributor If your business had to close because of, for example, a fire or a hurricane, how long could you afford to cover ongoing expenses without incoming revenue? As a business owner, you want to protect your company against potential loss, so you invest in […]
Why Shark Tank is barking up the wrong tree: The 4 Steps from Idea to Aha
By Dileep Rao – Guest Contributor Shark Tank has taken the entrepreneurial world by storm. Many of my students are eagerly devouring every episode. I tell them that they are wasting their time or worse, headed in the wrong direction. Based on an analysis of 122 billion-dollar entrepreneurs and hundred-million-dollar […]