Amid increasing challenges, small businesses impacted by the COVID-19 pandemic try to plan for an uncertain future. The Florida SBDC at FIU Business (FSBDC) has obtained $20.8 million in assistance for businesses in Miami-Dade and Monroe counties as it works with them to redirect their strategy and resources as the economy slowly opens. “Our team […]
As U.S. shoppers, panicked by COVID-19, have stockpiled food, hand sanitizer, toilet paper, meats and other essentials, retailers are still unable to keep enough merchandise on their shelves. The coronavirus pandemic has strained supply chains like never before. “The excessively high demand at the retail level sucked up all the inventory available in the chain […]
New technology and working from home has revolutionized the practice of selling, changing the way sales professionals connect with potential clients in the COVID-19 era. Recognizing the impact technology and distance work can have on sales strategy will be key to leveraging advantages–and avoiding pitfalls. These were some of the insights shared by Eric Maldonado, […]
The COVID-19 pandemic has increased the need for non-traditional forms of healthcare, and telemedicine is one of the leaders. Following the steps of the Centers for Medicare & Medicaid Services (CMS), major insurers have agreed to cover a wider range of telemedicine consultations during the outbreak. Blue Cross and Blue Shield, United Health, and Anthem […]
As federal and state options for small business assistance evolve, the Florida SBDC at FIU Business (FSBDC) continues to provide much-needed help in sorting through available programs and guiding businesses toward solutions. As of April 10, 2020, the center helped local businesses obtain nearly $4.5 million in Florida Small Business Emergency Bridge Loans, which provide up to […]
Miami-based distribution and co-packing company I Was Thinking strives to grow the presence of its imported natural and organic products at supermarkets across South Florida and beyond. Yet the demands of operating in the COVID-19 environment threatened to bring the business to a halt. “The coronavirus hit us on two sides – payroll and customer […]
The coronavirus has delivered a serious blow to small businesses throughout South Florida, and many are afraid of what the future holds. Amidst this crisis, the Florida SBDC at FIU Business (FSBDC), is providing much-needed assistance. As of April 6, 2020, the center helped local businesses obtain nearly $3.5 million in Florida Small Business Emergency […]
Amid unprecedented fear, anxiety and uncertainty, small businesses may think it’s time to pause their marketing. Not so fast. Marketing and branding experts say this is the time to strategically continue investing in marketing, yet the messaging needs to shift for the coronavirus recession we are entering. “Marketing is about meeting your customer where they […]
The COVID-19 pandemic changed the academic reality for students across the U.S., abruptly driving them into digitally enhanced forms of learning, away from face-to-face contact with faculty, other students and on-campus facilities. What does that mean for higher education? Although the trend of online classes has been on the rise, the range of student reactions […]
FIU Business alumnus Javier Herran (MSMIS ’02) is driving an initiative that’s coming to the aid of employees at two of Miami’s iconic names in the food businesses, Sedano’s Supermarkets and Versailles. Sedano’s Supermarkets will offer temporary jobs to up to 400 employees of Versailles, La Carreta, Casa Juancho and the company’s 11 other restaurants […]
