Ray Juncosa, a consultant at Florida SBDC at FIU and an expert in business finance and access capital, doesn’t mince words. “If you don’t have a grasp of your finances, it will be difficult to succeed,” he tells small businesses. As a small business owner, you need to understand your […]
Tag: finance
12 ways to improve cash flow in 2020
By Jennifer Lobb / Guest Contributor A variety of metrics can determine the health of your business, but few are as indicative of success or failure as negative cash flow, or the net amount of cash that flows in and out of your business. A positive cash flow is essential for […]
6 tools to set your small business up for success in 2020
Editor’s note: New Year, New Start. Growbiz brings you a post about low-cost technology tools aimed at increasing productivity and organization for your small business. By Jennifer Lobb / Guest Contributor Multiple factors contribute to the overall success of a business, and while some of them are directly tied to […]
This South Beach café is gaining fans – of the feline kind, too
Celyta Jackson had a Plan A, B and C for her Miami Beach small business when Hurricane Dorian threatened. After all she had some very precious assets to protect: 30 formerly homeless cats. Luckily, the hurricane did not strike South Florida and Veronica, Sylvester, siblings Willow and Wilson and the […]
Opportunity knocks: SBA’s National SBIR Road Tour coming to Miami
Want to connect with the government’s largest source of grant funding for innovative early-stage small businesses in technology or the sciences? Here’s your chance. The Small Business Administration’s National SBIR Road Tour is coming to Miami, and you’re invited to attend. Representatives of 12 federal agencies that award SBIR/STTR grants […]
Stage 1 – Non-negotiable rule: Track and preserve cash
As a Stage 1 Company (1-10 employees), one of the greatest challenges is generating, tracking and preserving cash. Cash is King is the mantra for successful companies. Many business owners recognize early on that simply ‘making money’ isn’t enough. You have to keep enough of it to reinvest in your […]