Being resilient will help companies survive during economic challenges

Even if all you had to worry about were the quality of your company’s products or services and continued growth of its customer base, running a business would be challenging enough. However, companies are also subject to economic and environmental forces beyond their control. A change in the economic cycle could disrupt cash flow, tighten access to credit, rattle customers and suppliers and even threaten the survival of your organization.

admin2021-02-24T17:35:28-05:00Jul. 8, 2020|

MAKE YOUR ACCOUNTS PAYABLES WORK FOR YOU

Payables are all the ways your business spends cash, from buying inventory and office equipment to paying employees and taxes. How do you keep your costs down in light of all the different ways cash can leave your business?

admin2021-02-24T17:41:14-05:00Oct. 19, 2019|

Choose the right structure when starting your business

Starting and running a business requires making many important decisions. The very first decision faced by many business owners is what kind of entity should be formed to operate their business. In Florida, there are a number of available options. While the decision can be daunting, the variety in flavor of business entities provides the opportunity to choose a type of entity suited to your particular needs. In determining which entity is right for you, there are many tax and non-tax factors to take into consideration.

admin2019-10-14T20:52:09-04:00Oct. 14, 2019|

HOW DOES YOUR WEBSITE SCORE?

No matter whether you’ve just launched a new website or have had one for many years, your website should showcase your business professionally and build your reputation 24/7.

admin2019-07-29T14:00:10-04:00Jul. 29, 2019|

BUSINESS INSURANCE: ONE SIZE DOESN’T FIT ALL

If you’re a business owner, you need insurance. But how much and what type can vary greatly depending on your type of business, resources, assets and specific needs. So, what should you consider before purchasing a business policy? Here are some risks and coverages you will want to consider to find the right plan for you.

admin2019-07-22T14:37:36-04:00Jul. 22, 2019|

FINDING THE BEST BANKER FOR BETTER BUSINESS

As a business owner, it is critical to maintain a relationship with a bank that can help you navigate the treacherous waters of entrepreneurship. How do you select the bank that you want to build a relationship with? As banks continue to merge and grow, community banks become fewer and fewer. It is important to [...]

admin2019-07-16T12:33:30-04:00Jul. 16, 2019|

AVOID GENDER PREFERENCE IN JOB POSTINGS

BY DAVID MIKLAS A South Florida company had a sales team consisting of 22 men and five women. The owner of the company was inspired by the #MeToo movement and wanted to make sure he was doing his part to “level the playing field.” He decided to run an ad specifically intended to hire more [...]

admin2019-07-08T13:42:27-04:00Jul. 8, 2019|

PERSISTENCE, PATIENCE KEY IN CLOSING DEALS

In early 2016 an old friend and fishing buddy, Scott Deal, founder of Maverick Boat Company, invited me to a quiet lunch with a singular purpose in mind — my assistance in finding a building large enough and geographically close enough to expand his very crowded 77,764-square-foot marine manufacturing facility into a new satellite operation. Deal was mindful that the improving economy was leading to boat orders that his company-supplied dealers were clamoring to fulfill, placing additional delivery pressure on an already stressed manufacturing line.

admin2019-07-12T15:41:40-04:00Jul. 1, 2019|

TOURISM INDUSTRY BOOSTS LOCAL BUSINESS AND KEEPS TAXES LOW

BY CHARLOTTE BIRELEY For decades, Treasure Coast locals and visitors alike have observed those hopeful individuals walking on stretches of our 65-mile coastline, equipped with their metal detectors and headphones, yearning for that joyous tone that indicates metal might be waiting for them under the surface. Out comes the sand sifter to see if centuries [...]

admin2019-06-27T14:22:04-04:00Jun. 26, 2019|