While it is still too early for hurricane forecasters to predict the exact path of Eta, it could strengthen and head toward South Florida over the next week, they say. What we do know is that it’s not too early to dust off your company’s disaster plan. Forecasters say southern […]
Disaster Preparedness
COVID-19 is your wakeup call: Do you have a company succession plan? We have tips for you
The COVID-19 crisis is just one more reminder about the importance of a succession plan. A smart succession plan is just good business, protecting your legacy, company. Customers, employees, and relatives when a family business is impacted. Most large companies have them, but many small and mid-size business owners avoid […]
New Florida COVID-19 survey reveals how small businesses have fared and how they try to fight back
The majority of small businesses in Florida have been greatly negatively impacted by the COVID-19 pandemic. That was one of the key findings of a new survey and report on the state’s small businesses conducted by the Florida Chamber Foundation, the Florida Small Business Development Center (SBDC) Network, and the […]
Surveys say: Relief efforts can’t come soon enough
Stimulus efforts for small business relief are stalled in Washington, and that does little to help America’s small business owners who remain in dire need of assistance to battle the COVID-19 economic crisis, according to new data from the National Federation of Small Business and from SCORE. Last week, the […]
If your PPP loan was for $50,000 or less, forgiveness just got a bit easier
By Gerri Detweiler – Guest Contributor If you took out a Paycheck Protection Program loan for $50,000 or less, you may be able to use a new application — Form 3508S — to obtain forgiveness. This application does not make forgiveness automatic, but it will make it easier for some […]
Finally hiring again? Small businesses need a plan and we’ll help get you started
Scenario 1: Many small businesses, particularly in the hard-hit restaurant, travel, event planning and retail sectors, had to lay off or furlough most of their workforces when the economy was largely shut down. Now they may need to hire a number of employees again – and the competition is tough […]
COVID relief update: The lowdown on PPP loan forgiveness, as it stands now
Small businesses eager to have their SBA Paycheck Protection Program loans forgiven could begin receiving forgiveness decisions in the coming weeks. That may ease the fears small businesses worried that they may be on the hook for the money when they are barely holding on through this coronavirus crisis. But […]
Covid crisis spurs coffee business to refocus on core strengths and community connection
The java tastes unique and delicious in a shop that delivers an uplifting and welcoming experience. And all the while, the proprietors are successfully facing down the challenges of the pandemic economy. Gail Hamilton Azodo and her husband Uchendu Azodo opened SIPS, a coffee roasting company and eatery, in July 2019 […]
Grit, pivots and a rallying cry: How MBF and its small business clients navigate this crisis
Michael Sellinger of Miami Bayside Foundation recalls the early days of the COVID-19 crisis checking in on small business clients and offering MBF’s help. Bayside is a nonprofit organization that mentors, holds training programs, and facilitates loans for small businesses in Miami’s underserved communities. His message: “There is nothing you can […]
The state of small business now and 6 ways to move forward
Not a headline you want to see: Miami metro area in top 10 in U.S. for business closures. But here we are. In Yelp’s most recent economic impact report for September, which focuses on business closures caused by Covid-19 from March 1 through August, the Miami-Fort Lauderdale metro region had […]