The fast-spreading COVID-19 pandemic emphasized that global businesses need to be more resilient in their international production structures. Few businesses are prepared to deal with the unexpected, according to a new paper from Florida International Universityās College of Business (FIU Business). Researchers found that strategies that favor redundancies in the configuration of assets across a […]
As small businesses impacted by the COVID-19 pandemic struggle to hang on, the Florida SBDC at FIU Business (FSBDC) has helped owners in Miami-Dade and Monroe counties navigate disaster assistance programs, getting funds into the businessā hands and developing strategies to weather the crisis. As of June 18, 2020, the FSBDC has helped 273 local […]
South Florida dentist Nolyris Alvarez is cautiously optimistic. Her dental practice, Oral Facial Comprehensive Care, has begun a slow recovery from the COVID-19 crisis. Payment arrangements are set with creditors. Patients are going to the dentist again. Many of her employees returned. But costs continue to increase, and monthly billings are down between 30 and […]
As small businesses impacted by the COVID-19 pandemic struggle to hang on, theĀ Florida SBDC at FIU BusinessĀ (FSBDC) has helped owners in Miami-Dade and Monroe counties navigate disaster assistance programs, getting funds into the businessā hands and developing strategies to weather the crisis. As of June 2, 2020, theĀ FSBDCĀ has helped local businesses obtain $24.1 million in […]
UNICOMM Paging & Cellular, considered an essential business, wasnāt ordered to close amid the coronavirus pandemic. But it may as well have, as stay-at-home orders kept customers away and sales plummeted? āOur company is brick and mortar retail, and we depend on door swings,ā said Sam Brejt, CEO of UNICOMM. āSales were down 80 percent […]
To meet the growing demand for fully online programs, a trend that has been magnified by the COVID-19 pandemic, FIU Business has introduced anĀ Online Master of Science in FinanceĀ for fall 2020. In addition, online offerings of the collegeās existing masterās degree programs in accounting and supply chain management will start in the 2020ā2021 academic year. […]
From construction projects to office rentals to housing, COVID-19 has delivered a hard hit to the real estate market in South Florida, according to an FIU Business Hollo School panel of real estate experts. The live presentation was held May 10, 2020 via Zoom. The road ahead is long, and the recovery will be slow. […]
A continuing effort to help South Florida hospitals fight the COVID-19 battle has led to the donation of tens of thousands of face masks by FIU faculty and alumni. Professor Qiang Kang and his wife Jing Xue led a grass roots effort to collect the critically needed masks for South Florida hospitals, and received donations […]
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. āOur 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. āThe excessively high demand at the retail level sucked up all the inventory available in the chain […]
