Last year, the Category 5 Hurricane Michael caused $18.4 billion in estimated losses in Florida and severe devastation for thousands of small businesses. Listen to Panhandle business owner Ben Kaempfer, general manager of Cottondale-based Register’s Meat Company: “We lost $35,000 worth of inventory because we weren’t able to refrigerate it. Our employees […]
Tag: small business
This entrepreneur’s success started with knowing his market and owning his brand
Before he opened his retail store, Eric Wooden designed his own line of urban graphic t-shirts on nights and weekends and sold them from the trunk of his car. On weekends, Wooden attended trade shows and knocked on a lot of doors of Miami retailers, finally winning his first wholesaling […]
A small business dream was almost blown away. With Accion’s help, this story takes a sweet turn
When Corina Jimenez’s doctor in Venezuela urged her to cut dairy from her diet, she explored options for satisfying her sweet tooth. She didn’t like what she found out there – eating healthy shouldn’t mean sacrificing taste, she believed. So Jimenez did what others in her entrepreneurial family would do: […]
When the bank says no, where do you go? Be careful out there …
It’s a growing problem: Small businesses are getting in over their heads with debt, often brought on by the use of online lenders that typically charge higher rates and can require shorter payback periods than banks and other alternatives. Because traditional bank loans are difficult for many small businesses to […]
Growing? Hiring? Avoid these 4 common small business mistakes
Think your business is too small for “HR” processes? Think again. It’s understandable that your growing small business is sharply focused on accelerating sales, managing cash flow and, of course, serving your customers. But with growth comes the need to hire, and with that comes the burden of complying with […]
Finding qualified workers and managing debt worry small businesses
Small business owners, what keeps you up at night? If it is finding workers or managing your debt, you’re not alone. Finding qualified workers to fill open positions continues to be the top worry of Florida’s small business, according to a Florida Chamber of Commerce’s Third Quarter Small Business Index […]
Who is franchising out there and how are they doing? New survey sheds some light
Who is franchising? The majority of franchise business owners are over 50 years old, but millennials are beginning to show interest. That’s according to findings of a new national survey. “Baby boomers still represent a majority of people we encounter pursuing franchise opportunities,” said David Nilssen, CEO of small business […]
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 […]
Alternative financing is on the rise. Is it right for your business?
Alternative financing options are on the rise and more small businesses are seeking them, according to results from the Q2 Private Capital Access Index from Dun & Bradstreet and Pepperdine Graziadio Business School. Here are some of the findings: Thirty-four percent (34%) of respondents attempted to raise bank financing in […]
Chaos reigns – but does it always have to?
Chaotic periods can destabilize a small business, and sometimes it doesn’t take much. Some of it is just part of the company’s growing pains. Isn’t this a familiar scenario? Your sales are coming in fast and furiously but you don’t have the staff to handle it. Perhaps your sales cycle […]
