As small businesses get ready for the final quarter of the year, it’s a good time to reflect on some best practices for growth. We are beginning to see signs that the economy may slow down, which makes having a handle on all your growth levers all the more important. […]
Strategy
Exporting? Consider an Export Marketing Plan and other state and federal resources
In Florida, 60,000 Florida companies are exporting $55 billion in goods and services overseas. Small businesses account for 66 percent of all those exports. The exporting process may seem daunting but if you have a product or service with a proven track record in the domestic market, you may be […]
Setting the stage for fast growth ahead: One woman’s entrepreneurial story
Sometimes there is nothing better than learning from the stories of entrepreneurs in the trenches. Suneera Madhani did not set out to build a fast-growing financial technology company. She was working at a merchant payment processor and was surprised by all the complaints in the industry. After doing a lot […]
Growth slows as a family business get passed through the generations, but does it have to?
Growth progressively slows down at family-owned businesses after the founder steps down. If you are the 2nd or 3rd generation of a family business, how can you reverse that reality? In a 2018 study, PwC found that in the first generation of a family business, 42% of family businesses have […]
Small businesses won $120.8B in federal contracts in 2018. A free seminar may help you get a piece of the pie
This just in: The U.S. Small Business Administration announced that the federal government exceeded its small business federal contracting goal for the sixth consecutive year in 2018, awarding 25.05% in federal contract dollars to small businesses. That totaled $120.8 billion, an increase from the previous fiscal year of nearly $15 […]
9 things any small business can learn from Zappos
Born in an era of e-commerce infancy, Zappos turned 20 this year. “People thought we could never sell shoes online. We proved them wrong. And people said it’s crazy to think customer service could be a brand. We proved them wrong on that aspect as well,” says Ryo Hanalei Zsun, […]
The demand is out there – but where? Smart export market research can help
Researching your market thoroughly is time well spent, and databases can open up a world of information. A couple of weeks ago, GrowBiz provided you with a rundown of some of the free government databases and resource sites that can help you get started on the road to becoming a […]
If you want your company to fly, make sure you have industry expertise on your team
Setting up a new business to soar starts with the right team on the ground. Never underestimate the value of industry expertise and complementary strengths. When Maria Esther Martinez, an engineer, set out to develop Aerosens, a Miami-based technology startup serving the aviation industry, she had corporate and startup experience. […]
Fruitique finds sweet success with a proactive sales approach. Your small business can, too.
Juan and German Puerto of Miami come from a long line of business owners in Colombia. So it wasn’t a hard decision to take on the challenge of growing a tropical ice cream brand, Fruitique, started by their father and inspired by their heritage. The brothers joined the company full-time […]
Don’t let these 3 challenges ground your business. We have advice for you.
If you run a growing small business, there is a good chance you are facing one or all of these challenges. We picked the brains of some small business experts to help you find a way to overcome them. You are slow getting to market with your product or service. […]
