The Paycheck Protection Program – a lifeline for small businesses – stopped taking applications on Aug. 8, and Congress is still fighting over the next stimulus bill as well as where remaining funds in the PPP program will be spent. The forgivable PPP loans were responsible for a “majority” of […]
Tag: COVID-19
Smart strategies for generating cash flow – in times of crisis and always
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 […]
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 […]
From adding revenue streams to pivoting hard, small businesses take action to survive – and thrive again. Learn from their stories
For small business owners fighting for survival in the pandemic economy, “we’re holding our own” is the new “we’re doing great.” That’s what it’s all about — doing what you can to survive this crisis and setting your business up for better times on the other side, whatever that may […]
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 […]
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 […]
Fish Level Corp focuses on customer needs and reels in a big revenue stream
Timing is everything at Fish Level Corp. Samy Fischer’s small business is a 24- hour operation, with his processing team starting work at 1 am to ensure morning deliveries of more than 1,000 pounds of 16 varieties of fish, always fresh, to his clients at restaurants, supermarkets and homes. Then […]
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 […]
A small business story: Helping employees, and now the community, with face shields
Concerned about keeping his employees safe, Alex Sikorski, owner of Premium Tech Coating that specializes in automotive, architectural, safety and specialty window films, began studying ways his company could also manufacture face shields to protect them. After some research, he learned that a particular grade of the same material the […]