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 […]
Operations
How a small business 10Xed revenue by diving into e-commerce and learning from others
Remaking an old-school B2B company into an e-commerce success story would not have been possible without a lot of hustle and the power of a knowledgeable network. In 2017, after Dan and Kim Hannon moved to Palm Beach County, they acquired Aabaco Environmental Industries, a spill containment and safety supply […]
Hiring? Today’s remote workplace likely requires different skills and qualities
If you are like a lot of owners of businesses big and small, you learned that your team can work remotely – and maybe even as efficiently as they were before. Some owners and managers who were once opposed to the very idea of a remote workforce have even seen […]
A fighter, Half Moon Empanadas rolls out new branding, store reopenings and expansion strategy
Nearly six months ago, I interviewed Pilar Guzman Zavala, owner of Half Moon Empanadas, after she had to shut all but one of her company’s 13 locations for Argentinian style-empanadas, including the lucrative Miami International Airport sites. She and her husband and co-founder, Juan Zavala, were looking at zero sales […]
10,000 Small Businesses: Now 526 companies strong and growing to help South Florida entrepreneurs
The Goldman Sachs 10,000 Small Businesses at Miami Dade College program has been helping small businesses grow since the first of its 16-week training programs launched in early 2014. In late August, the entrepreneurship program kicked off its 20th cohort. So far, 526 companies have graduated from the local […]
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 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 […]
Key Employee Coverage: 5 options to consider for your business continuity planning
By Andrew Latham, Guest Contributor / Nav Life insurance is not just for people. Many companies benefit from buying life insurance for key employees as part of their business continuation and succession planning. Seven out of 10 small businesses surveyed by the National Association of Insurance Commissioners said they were […]
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 […]