Sometimes it takes a crisis to wake some small businesses up to the importance of healthy cash flow, says Raju Mohandas, a certified business consultant for Florida SBDC at FIU. But now that we have your attention … To effectively manage cash flow, you need to go line by line and […]
Finance
Keys to a brewery’s success: Creativity, community and a solid growth plan
Down at Mile Marker 81½ in Islamorada, Florida Keys Brewing Company is quite the gathering spot, with dozens of hand-crafted beers, Cornhole contests and live music on tap at its colorful tasting room and beer garden. The craft microbrewery serves up a unique Keys-y vibe, where you can hoist a […]
Healthy cash flow keeps your business afloat. Here’s how to manage it
Now more than ever, strategically and comprehensively managing your cash flow can keep your small business alive and help it grow again. A recent report from LendingTree found that the Miami metro area ranked fifth in the nation for the highest number of small businesses with less than one month’s worth of […]
Anny’s Bread Factory finds recipe for success by strengthening sales channels and cash flow
To grow a successful food business, start with the right ingredients but be prepared to make adjustments to the recipe for best results. Count on Yaeli Merenfeld, owner of Anny’s Bread Factory, to do just that. Yaeli Merenfeld is a serial entrepreneur in the food business, with a passion for […]
SBA issues new set of FAQs on PPP loan forgiveness
Today, the U.S. Small Business Administration issued new guidance through Frequently Asked Questions aimed at helping small businesses with forgivable loans through the Paycheck Protection Program (PPP) and their lenders navigate the rules around maximum loan forgiveness. The new PPP FAQs come as the Aug. 8 deadline to apply for a […]
The lowdown on COVID-19 relief: What’s ahead, what’s here, and advice for small businesses
Another round of the Paycheck Protection Program (PPP) is likely on the way to help small businesses impacted by the economic fallout from the COVID-19 pandemic. Exactly what that relief funding will look like exactly is still a matter of Capitol Hill debate. But at this time, it looks like […]
COVID-19 relief funds still available. Here are three sources
Here’s the lowdown on several relief funding programs still taking applications. If you live in Miami-Dade, applications are open for a loan that gives priority to small businesses that have not received federal or state stimulus aid to recover from the economic wallop of COVID-19. The RISE Miami-Dade Fund is […]
Covid relief update: EIDL grants program ends, but loan applications will still be processed
The U.S. Small Business Administration announced this weekend that it will discontinue issuing advances, or small grants, through the Economic Injury Disaster Loan (EIDL) Advance program. The program provided U.S. small businesses, non-profits and agricultural businesses a total of $20 billion in emergency funding. Loan applications will continue to be […]
10 tools that keep small business owners organized and productive
By Gerri Detweiler – Guest Contributor We’ve all got our own favorite tips, tricks, and tools that help us organize our task lists, assign projects, and manage deliverables. Today, there are more apps and software programs geared toward business owners than ever. I interviewed 10 entrepreneurs to find out what […]
5 simple ways to organize your small business finances
By Gerri Detweiler – Guest Contributor Credit scores are often seen as the number one obstacle preventing small businesses from getting financing. But disorganized financials may be equally to blame. In today’s challenging economic environment in particular, lenders want to make sure your business is viable and will be able […]