In launching or growing a startup, there’s one tool every entrepreneur needs in their startup toolbox: A knowledgeable, honest and trusted advisory board. Startup expert Ricardo Weizs, a consultant at Florida SBDC at FIU that specializes in startup growth and access to capital, believes many startups lack industry expertise – […]
Disaster Preparedness, Economy, Operations, Team
Scenario 1: Many small businesses, particularly in the hard-hit restaurant, travel, event planning and retail sectors, had to lay off or furlough most of their workforces when the economy was largely shut down. Now they may need to hire a number of employees again – and the competition is tough […]
Disaster Preparedness, Finance, Strategy
This month on Growbiz, we have been looking at smart strategies for generating and managing your cash flow during this crisis. As we have pointed out, to effectively manage cash flow, you need to go line by line and dig deep in all the areas of the business – sales, […]
Down at Mile Marker 81½ in Islamorada, Florida Keys Brewing Company is quite the gathering spot, with dozens of hand-crafted beers, Cornhole contests and live music on tap at its colorful tasting room and beer garden. The craft microbrewery serves up a unique Keys-y vibe, where you can hoist a […]
Healthy cash flow keeps your business afloat. Here’s how to manage it
Now more than ever, strategically and comprehensively managing your cash flow can keep your small business alive and help it grow again. A recent report from LendingTree found that the Miami metro area ranked fifth in the nation for the highest number of small businesses with less than one month’s worth of […]
Need a PPP but didn’t apply? You now have until Aug. 8
Update: President Trump signed the PPP extension into law on July 4. If you haven’t applied for a PPP loan yet, you have more time to do so. With $130 billion still available, Congress passed a bill extending the deadline to apply for forgivable small business loans. These loans aim […]