Helping Businesses Grow & Succeed
Small businesses are gloomy about their future, with an index of future expectations plunging to a 48-year record low. The top concerns: Inflation and worker shortages. The National Federation of Independent Business optimism index stood at 93.2 in April. The net share of owners expecting better business conditions in the […]
Adriana Madrinan, a consultant at Florida SBDC at FIU who specializes in growth strategy, business models and innovation, said she started talking about reinvention at the beginning of the pandemic, and two years later “we are still talking about it.” As an SBDC consultant, she still gets as many questions about pivoting […]
In a major investment in Miami-Dade County’s small business community, Wells Fargo announced today a $20 million grant to the Miami Foundation. Through the grant, the Miami Foundation’s largest grant ever, the nonprofit foundation will use the funding to support diverse small businesses and nonprofits through a combination of grants, […]
If your small business is experiencing supply chain interruptions, you are not alone. Not a week goes by that I don’t hear about another small business experiencing supply chain issues. Miami Foods, an industrial bakery in Hialeah couldn’t get shaved coconut. This is an issue: Miami Foods only makes desserts […]
Supply chain issues mean small businesses are raising prices, the highest levels since 1979. The so-called Great Resignation of 2021 is hitting small businesses too. A record number of U.S. small businesses reported that they raised salaries last month in order to attract and retain their employees, according to a […]
10 winners of the Miami Small Business Bootcamp will be showcased at the Holiday Village at the Underline. , Let’s meet them. Running a small business is not something you can learn a set of skills for and you’re done. It’s an always-be-learning process and that’s why resources like the […]
Small business owners only have until Dec. 31 to apply for the Small Business Administration’s Economic Injury Disaster Loan and the $10,000 Targeted EIDL Advance cash grant. Applications up until that deadline will continue to be processed until the agency’s money runs out, according to the SBA. While these SBA […]
We’ve always known that South Florida is a small business economy. Florida SBDC at FIU even put out a report, Small Business, Big Impact, about that just before the pandemic, a report that showed just how important small businesses are to the economy. But did you know that Miami is […]
Shopping Small this holiday season can have a profound impact on Small Businesses. According to the American Express Shop Small Impact study, consumers shopping small this holiday season have the potential to contribute an estimated $695B into the U.S. small business economy. As we all know, the pandemic has impacted […]
According to a study by the Small Business Administration, military veterans are 45 percent more likely to own a small business than non-veterans. While veterans represent 7.6 percent of the country’s population, they make up a larger percentage of business owners at 9.1 percent. In honor of Veterans Day, Growbiz asked […]