Helping Businesses Grow & Succeed
What’s the No. 1 reason small businesses fail? Cash flow, not lack of profits. About 80% of small business failures happen because of poor cash-flow management. Ray Juncosa, a consultant at Florida SBDC at FIU and a finance specialist, says he hears it all the time from his clients: “They say ‘we […]
In Miami, a coalition of funders, leaders and local Community Development Financial Institutions came together to ensure that as many of our small businesses as possible would survive the pandemic. The RISE Miami-Dade Fund (RISE), which the Miami-Dade Board of County Commissioners seeded with CARES Act funding, distributed $20 million to […]
We checked in on a few of the small businesses we followed during the pandemic. They have survived, and dare we say it, thrived because of the steps they took and pivots they made during the pandemic, sometimes painful, to get through it. These are just a few of the […]
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 […]
It’s been nearly three years since Florida International University launched StartUP FIU Procurement to help minority-led small businesses grow and navigate the world of government and anchor institution contracting. Let’s check in with StartUP FIU Procurement Director Barbara Cotto and see how they are doing. The small business incubator was […]
Are you running your business or is your business running you? If you answer with choice 2, this story is for you. Here are 5 ways to level up your skills as a small business CEO, from Florida SBDC at FIU business consultant Yanyn San Luis, who specializes in marking, […]
If you ever wondered how your small business can increases your chances for success winning contracts for local anchor institutions like Miami-Dade County, Miami-Dade Schools, Florida International University, University of Miami or Miami Dade College, read on. This post is for you. Florida SBDC at FIU offers a range of […]
A Coral Gables-based bank and local nonprofit have renewed their micro-grant program supporting micro-businesses. Amerant Bank recently announced it’d be continuing the initiative it began with Branches, a community empowerment org, amid the pandemic last year. The partnership’s micro-grant program sought to provide funds to mom-and-pop operations who were hit hard by […]
Knowledge is power. With that in mind, GrowBiz tuned into the second of a series of panel discussions hosted by Florida SBDC at FIU and StartUP FIU Food in which small business owners and branding experts shared their advice about starting an F&B business. (You can read about the first […]
Starting over in a new country with a business of any kind is difficult. Setting up a manufacturing company in a new country for both exports and domestic sales is even more challenging. Now throw in a global pandemic. Despite it all, Carmine Colarusso, owner of Ultra1Plus, maker and seller […]