At a time when small businesses across the country are struggling to stay afloat, some business owners are investing in business growth by expanding their facilities or buying equipment. In fact, a record number may be, according to some very recent loan data. With SBA 504 loans, businesses are able […]
Economy
More manufacturing could fuel a resilient post-COVID economy in South Florida
With the growing realization that the COVID-19 impacts will continue to ripple through the economy well into the future, researchers at Florida International University’s Metropolitan Center dove into the need for economic development planning for a post-Covid environment. The challenge: “Making our core industries less vulnerable to economic shocks while […]
3 ways COVID-19 is changing the way we do small business
Small businesses are breaking up – with their banks In South Florida as well as around the nation, small business owners applying for the Paycheck Protection Program often struck out with big lenders like BofA or Wells-Fargo – even when they had been loyal customers. They had better luck with […]
2 new resources for acceleration and funding in the F&B industry
GrowBiz aims to keep you up to date on opportunities and resources for South Florida small businesses navigating the economic impact of COVID-19. Here are a couple for the food/beverage and hospitality industry. FREE 6-WEEK INCUBATOR OFFERS TRAINING FOR FOOD BUSINESS SUCCESS Do you operate a food-based business in South […]
In the hardest-hit restaurant industry, survival isn’t open and shut
This week, Michael McCann will be throwing open the doors of his popular Vacillate Wine and Beer Bar and welcoming customers in, adhering to the county’s list of Covid-19 guidelines as well as his own high safety standards. “We are so happy to be opening up,” said McCann, as he […]
Surveys take the pulse of small businesses and outlook is worrisome
More than one in five small business owners – 21% – say they will have to close permanently if economic conditions do not improve within six months, according to a survey conducted by the National Federation of Independent Business this month to assess the financial health of small businesses. About […]
How office space needs are changing amid coronavirus crisis
From raising questions about shared offices and open floor plan designs to increased telecommuting and new means of client and employee interaction, the COVID-19 pandemic continues to disrupt the office setting. Rethinking architecture, construction, furniture placement and design, alongside greater integration of technology, will shape the workplace of the future. […]
5 ways DSignage turned a crisis into an opportunity to help its clients
Small businesses should be reaching out to their customers frequently, but during a crisis such as the COVID-19 pandemic it is more important than ever. Are there problems that customers are having that your small business can solve? DSignage is a small business that sells, installs and maintains smart signage […]
COVID relief: Deadline nears for small business grant program
Small businesses can get reimbursed for up to $10K of their COVID expenses. But hurry, applications are due Tuesday, June 30. CareerSource South Florida‘s COVID-19 Layoff Aversion Fund is designed to support eligible small businesses and/or community-based organizations in Miami-Dade and Monroe Counties facing financial impacts or potential layoffs from […]
COVID relief: SBA is accepting applications for EIDL loans again
The U.S. Small Business Administration announced it has resumed taking new applications for pandemic-related disaster loans from all eligible small businesses and nonprofits. The SBA shut down its online application portal for the Economic Injury Disaster Loan (EIDL) program on April 16 after exhausting the $17 billion authorized by Congress. […]