We have a heaping helping of small business data to share with you, and it points to a good year ahead. Several economic surveys and studies out this month show that small businesses are feeling more confident than ever, shunning Grinch-like recession fears. So let’s get right to it. In […]
Tag: small business
How one family business navigates a big transition and sets up for more growth
Running a family business can be the same roller coaster ride as any small business. Yet there are different challenges too, much more personal ones. “With a family owned business, it’s not just the accounts payable, receivables and the bottom line. There’s also emotional capital, family, and that equation is […]
Applications now open for StartUP FIU Procurement incubator
This October, StartUP FIU Procurement graduated its first cohort, a group of 11 minority-led small businesses that service the construction industry. The small business incubator was born out of discussions about how information about FIU’s own contracting opportunities weren’t reaching minority-owned small businesses at the levels the university wanted. Turns […]
Most Miami area small businesses profitable but have limited cash buffers, report shows
While the majority of Miami small businesses are profitable, many have limited cash liquidity. What’s more, small businesses in majority black, Hispanic and foreign-born communities in Miami have lower profitability and cash liquidity than businesses in majority white communities. These were some of the findings in a new report by […]
For niche small businesses willing to work hard, government contracting can open doors
Find a niche where the barriers to entry aren’t too low, become an expert in it, perfect your customer service and then go out and win some lucrative contracts with the government. That’s Craig Waltzer’s formula for success, and it is working. Seven years ago, Waltzer founded GovComm, a boutique […]
Small business grant winners share tips for $uccess
By Gerri Detweiler / Guest Contributor Small business grants are perhaps the most coveted of all types of small business funding. Grants don’t have to be repaid and, unlike equity funding, you don’t give up any ownership of your company. (The IRS does want its share, though, so be prepared […]
Brickell Energy takes off with EV charging-as-a-service
Alejandro Burgana has always been a car guy, even as a little kid. “I knew everything about the race car drivers, the technology and the internal combustion engine, the collections, all of that.” Burgana, an entrepreneur, is also environmentally conscious so maybe it’s no surprise he purchased the second Nissan […]
Government contracting: Tips from a small business in the trenches
If you’ve been putting off learning about government contracting and applying for certifications, this entrepreneur has a message for you: Just do it. Fabiola Fleuranvil is the owner and CEO of Blueprint Creative Group, a strategic communications company based in Miami. With Blueprint Creative, over the years she has successfully […]
Do you have a succession plan in place for your small business? More than 70% do not.
Succession planning isn’t just for family businesses and large corporations. Many small business owners don’t plan for what will happen to their companies during a prolonged illness or after their deaths. Unforeseen circumstances could put their businesses at risk of shutting down. I’ve seen it happen, unfortunately. The young owner […]
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 […]