Helping Businesses Grow & Succeed
While small businesses may have been spooked by the recent government shutdown, you should know that the federal government is the largest buyer in the U.S., spending billions of dollars annually on products and services in construction, R&D, manufacturing, logistics, IT and other industries. Federal agencies also have prime […]
It’s easy to get caught up in the thinking that acquiring lots and lots of customers is the fast pass to success, but many small businesses and startups try to do that too quickly and that may be a mistake. Even fast-growing technology companies like Amazon, Airbnb and Uber acquired […]
What are your biggest challenges as a growth-stage entrepreneur? Or if you are just getting started with your business, how can you build a foundation now for high growth when the venture is ready? Maybe your small business had been growing as projected but now it has stagnated. What can […]
Goals, goals, goals – we all have them, but did your company hit them last year? How about for the first quarter of 2019? What are your growth goals for Q2 for all of your function areas and does everyone in your company know what they are? If your company […]
If your business is a startup seeking venture capital, your prospects are dim. Instead, you should focus on trying to grow the business without VC funding, says Dileep Rao, part of the faculty at Florida International University College of Business and author of Nothing Ventured, Everything Gained. The erroneous perception […]
Know your customer. We’ve heard that so much our head spins. But the truth is many entrepreneurs think they know their customers — and they really don’t. That can lead to weak product development and weak differentiation – two of the most common challenges seen by the consultants at Florida […]
Your business isn’t growing or at least not at the rate you expected. What’s the problem? “If sales are not growing, the business is not making money, or the company doesn’t have enough cash – those are three red flags when things are not working,” said Ricardo Newark, a consultant […]
The pace of change in the marketplace can be downright overwhelming. We’re talking technological changes disrupting industries, economic highs and lows and ever-rising customer expectations. Entire industries, such as taxis, didn’t see it coming and were clobbered. How do companies compete with all this market change and digital transformation seemingly […]
Perhaps you’ve noticed some of your customers have begun migrating away from your product or service. Is this normal in the course of business? Or is it time to send an SOS? “I think this happens all the time,” said Nile Kirec, a specialist in public relations, strategic marketing and […]
For Atlantic Models, business is a family affair. That’s even more true now that the owners’ son has joined the company. The Miami-based maker of model airplanes, and client of Florida SBDC at FIU, is featured on MSNBC’s Your Business: https://www.msnbc.com/your-business/watch/model-airplanes-preparing-your-exit-plan-1384740419969?fbclid=IwAR30ebSQy1vND3BEclXy-UQ_qBXgTfO2A9m3tIhQeuLWLt9n9E5ACKCTekg