After World War II, 49.7% of returning veterans owned and operated a business. After the Korean War, that number fell to 40%. It’s been falling ever since – in 1996, just 12.3% of young veterans were small business owners. And today, only 5.6% of post-9/11 veterans have taken the entrepreneurial […]
Author: Nancy Dahlberg
Do you have a succession plan in place for your small business? More than 70% do not.
Succession planning isn’t just for family businesses and large corporations. Many small business owners don’t plan for what will happen to their companies during a prolonged illness or after their deaths. Unforeseen circumstances could put their businesses at risk of shutting down. I’ve seen it happen, unfortunately. The young owner […]
This South Beach café is gaining fans – of the feline kind, too
Celyta Jackson had a Plan A, B and C for her Miami Beach small business when Hurricane Dorian threatened. After all she had some very precious assets to protect: 30 formerly homeless cats. Luckily, the hurricane did not strike South Florida and Veronica, Sylvester, siblings Willow and Wilson and the […]
Get out from behind the screen and start connecting IRL: Double tap if you agree
GrowBiz host’s note: GrowBiz has run a number of articles on growing a customer base, finding partners and public relations. Many of the experts cited old-fashioned networking as critical to success in all these areas of growing a small business. I reached out to an expert in this for her […]
How to prepare your business to be franchised
Is franchising your business model the key to unlocking more revenue for your company? It certainly can be a profitable growth strategy — if you are ready for it. “The obvious benefit is you accelerate the pace you can expand your brand and you are not taking as much risk […]
The beauty of this small business: A passionate owner and continuous learning
When Rosanna Bermejo set out to start her business, Med Aesthetics Miami, about eight years ago, she already had worked in a corporate career for 13 years and had run a physician’s office for another six years. She had advanced degrees in business and finance. Friends wondered why she didn’t just […]
Florida SBDC Network launches Cybersecurity Basics for Small Businesses program
According to Verizon’s 2019 Data Breach Investigations Report, 43 percent of cyberattacks target small businesses, including hacking, social attacks and malware. What’s more, Symantec’s 2019 Internet Security Threat Report found that “formjacking” attacks have skyrocketed, with an average of 4,800 websites compromised each month. That’s where cyber criminals load malicious code onto retailers’ websites […]
Opportunity knocks: SBA’s National SBIR Road Tour coming to Miami
Want to connect with the government’s largest source of grant funding for innovative early-stage small businesses in technology or the sciences? Here’s your chance. The Small Business Administration’s National SBIR Road Tour is coming to Miami, and you’re invited to attend. Representatives of 12 federal agencies that award SBIR/STTR grants […]
A trio of reports sheds light on the state of women-led small businesses
For National Women’s Small Business Month, we look at a trio of new studies with some enlightening findings about U.S. female entrepreneurs – their outlook, their impact and their challenges. First up is the 2019 Bank of America Women Business Owner Spotlight, which sheds light on the experiences of female […]
Miami-Dade’s manufacturing sector is small, but its impact is mighty
Paul van Hamond is founder and CEO of Expressed Juice, an organic, cold-pressed juice company based in Miami-Dade. His production is in Allapattah, his biodegradable bottles are made in North Miami, the labels are created in Hialeah and he has purchased much of his manufacturing equipment in Doral. Most of the […]