Helping Businesses Grow & Succeed
Last year, about 57% of small businesses saw revenues grow while 43% added employees to their payrolls, according to the Small Business Credit Survey produced by the Federal Reserve Bank. Both of these metrics increased over 2017 levels. More findings: Credit demand held steady in 2018, with 43% of firms […]
If you are a small business that has determined federal contracting may be right for you and you have identified some potential contracts to pursue, you need put your best foot forward to get in the door. By now we hope you have read our two previous posts about […]
While small businesses may have been spooked by the recent government shutdown, you should know that the federal government is the largest buyer in the U.S., spending billions of dollars annually on products and services in construction, R&D, manufacturing, logistics, IT and other industries. Federal agencies also have prime […]
It’s easy to get caught up in the thinking that acquiring lots and lots of customers is the fast pass to success, but many small businesses and startups try to do that too quickly and that may be a mistake. Even fast-growing technology companies like Amazon, Airbnb and Uber acquired […]
Are you a looking to finance a commercial real estate or industrial equipment purchase for your growing small business? If so, an SBA 504 loan may be right for you. Jacqueline Sousa, regional director of Florida SBDC at FIU, says many small businesses don’t know about – or don’t understand […]
What are your biggest challenges as a growth-stage entrepreneur? Or if you are just getting started with your business, how can you build a foundation now for high growth when the venture is ready? Maybe your small business had been growing as projected but now it has stagnated. What can […]
Goals, goals, goals – we all have them, but did your company hit them last year? How about for the first quarter of 2019? What are your growth goals for Q2 for all of your function areas and does everyone in your company know what they are? If your company […]
Why is personal credit history so important for a small business? How can a small business improve its business credit standing? How does one choose a business credit card? To get a better handle on the biggest issues hurting growing small businesses when it comes to building and qualifying for […]
If your business is a startup seeking venture capital, your prospects are dim. Instead, you should focus on trying to grow the business without VC funding, says Dileep Rao, part of the faculty at Florida International University College of Business and author of Nothing Ventured, Everything Gained. The erroneous perception […]
To allow failure but disallow incompetence To cherish creativity but shun lack of discipline To value team collaboration but not at the cost of individual accountability To cultivate an environment that is safe but also brutally honest To create non-hierarchical organizations full of strong leaders Inspired by The Hard Truth […]