Is your company export ready? To find out, says Florida SBDC at FIU consultant Shelly Bernal, answer the following questions: Does your company have a product that has been successfully sold in the domestic market? Can your company commit sufficient production capacity to the export market? Is your company willing […]
Author: Nancy Dahlberg
Skymo is venturing into the world of exports – but the company has a plan for that
Raul Santoya and his co-founders run Skymo, a manufacturer of specialty cleaners and degreasers that are safe for the environment. Their initial target market is the aviation industry. “It was at an aviation trade show in 2015 where we discovered the huge opportunity in aviation for products that work but […]
Need capital to grow? If the banks say “no,” there are other options
One Florida SBDC at FIU consultant says only about 15 percent of the small businesses he sees are eligible for a traditional small business bank loan. If you are in that elite group, great! For everyone else, there are options. There are alternative financing options – yes, they are more […]
Community financing organizations help fill in the lending gaps
Don’t meet bank qualifications for a business loan? Here are three community financing organizations that the Florida SBDC at FIU works with for Miami-Dade and Monroe County businesses. Each of them lends money and has its own criteria. Miami Bayside Foundation The primary mission of MBF is to provide access […]
Seeking investors? Be prepared to address these 3 common concerns
Raising capital to grow your business is a challenge – for just about everyone. While small business loans are one route to take, some growing companies have business models and present opportunities that would appeal to outside investors, such as venture capitalists, angel investors, private equity or family offices. Florida […]
Is your business ready for government contracting?
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Cash flow – it’s not sexy, but it’s the pumping heart of your business. Here are 5 ways to keep it healthy.
Think your growing small business already has a handle on cash flow? Think again. To be sure, businesses as small as the tiniest mom and pop store to as large as GE struggle with cash flow. But growth-stage businesses need to know this: Cash flow problems can impede your growth. […]