Helping Businesses Grow & Succeed
During the pandemic, a common term heard among busines owners in Miami-Dade County and around South Florida is “pivot.” Retailers have pivoted to focus on more online sales, other businesses have pivoted to roll out new products or services, and restaurants have pivoted to offering more delivery or take out […]
By Dileep Rao – Guest Contributor I know the word you are thinking of. But, actually, the word is ‘exit.’ Many have tried to explain venture capital (VC). For entrepreneurs, VC is hope in a check. They hope that VCs like their idea (hence the fascination with Shark Tank) and […]
By Gerri Detweiler – Guest Contributor A Trade Reference is a report detailing the payment history between a business customer and its supplier or vendor. Trade references may be supplied verbally, in the form of a trade reference letter, or by reporting payment history to commercial credit reporting agencies such […]
By Dileep Rao – Guest Contributor There will never be enough new business financing to satisfy all the world’s entrepreneurial hopes. Having been to many venture-development conferences, I have found that one theme remains constant – entrepreneurs everywhere, and the venture developers who promote them, seem to constantly complain about […]
By Dileep Rao – Guest Contributor Billion-Dollar Entrepreneurs (BDEs) are defined as entrepreneurs who have built ventures from startup to more than $1 billion in sales and valuation. Billion-Dollar Entrepreneurship (BDE-ship) is defined as the process used by BDEs to build these ventures. This blog explains the difference between the […]
By Andrew Latham, Guest Contributor / Nav Life insurance is not just for people. Many companies benefit from buying life insurance for key employees as part of their business continuation and succession planning. Seven out of 10 small businesses surveyed by the National Association of Insurance Commissioners said they were […]
By Gerri Detweiler – Guest Contributor When it comes to small business lending, SBA loans are hot. In fact, in fiscal year 2019, the U.S. Small Business Administration guaranteed over $28 billion to entrepreneurs that otherwise would not have had access to capital to start, grow, or expand their small businesses. Business loan approval, […]
By Dan Grech / Guest Contributor Antonio Otero, D.D.S., has grown his family-owned dental practice to seven locations throughout South Florida. Like any businessperson, he was always on the lookout for ways to attract new customers. “I had joined business networking groups, advertised on radio and TV, but I still […]
By Jennifer Lobb / Guest Contributor A variety of metrics can determine the health of your business, but few are as indicative of success or failure as negative cash flow, or the net amount of cash that flows in and out of your business. A positive cash flow is essential for […]
Editor’s note: New Year, New Start. Growbiz brings you a post about low-cost technology tools aimed at increasing productivity and organization for your small business. By Jennifer Lobb / Guest Contributor Multiple factors contribute to the overall success of a business, and while some of them are directly tied to […]