Putting all your eggs in one basket is never a good business strategy. This is especially true when it comes to financing your new business. Not only will diversifying your sources of financing allow your start-up to better weather potential downturns, but it will also improve your chances of getting the appropriate financing to meet […]
Turning a small business into a big one is never easy. The statistics are grim. Research suggests that only one-tenth of 1 percent of companies will ever reach $250 million in annual revenue. An even more microscopic group, just 0.036 percent, will reach $1 billion in annual sales. In other words, most businesses start small […]
If you’re trying to grow your small business, understanding where you stand currently is the first step that will help you develop a strategy for moving yours up and to the right. Here are the five stages of small business growth and the key things you need to focus on to move yours to the […]
Conducting a gap analysis can help you improve your business efficiency, your product, and your profitability by allowing you to pinpoint “gaps” present in your company. Once it’s complete, you’ll be able to better focus your resources and energy on those identified areas in order to improve them. Read more ……
Lots of organizations get stuck cycling between strategy and tactics. While that process might feel like serious planning for the future, it results in a perpetual cycle of trying to catch up: to competitors, to new entrants, and to external sources of disruption. Read more ……
Taxes can be stressful for a small business owner. You likely wear many hats and the last thing you want to do is pay more of your hard-earned business income to the government. Thankfully, there are many ways to reduce your taxable liabilityas a business owner and keep more of that revenue for yourself. If […]
Good news for small businesses: here are five 2019 tax breaks and benefits that you should know about heading into the new year. Read more……
Pew surveyed a nationally representative group of 4,587 adults in the United States, between June 19 and July 2, 2018, with support from Pivotal Ventures, to investigate what people see as important when it comes to business and political leadership. The results were revealing for men and women. “About nine-in-ten women (91%) say it’s essential that […]
The generation that loves social media, texting and new technology also prefers to work for businesses with fewer than 100 employees, according to research from online salary database PayScale.com. “Forty-seven percent of Generation Y (Gen Y) workers are employed by small companies, compared to only 23 percent who work for companies with over 1,500 employees,” […]
Sherman Rosier, Owner, Fit & Functional, Inc and Core 7 Performance, tells his story of small business success utilizing the free tools and professional advisors at the Small Business Development Center at Florida A&M University in Tallahassee, Florida.
Very good! I would recommend this process to anyone who is considering starting a new business.
The SBDC Business Analyst listened to me and was able to access a sales approach. He also helped me strategize my sale approach!
I feel this service has tremendous value!
This gave me a clear vision of what I need to do! There will be a lot of leg work, but I have a lot of confidence in the success of my idea. Thank you!
Everyone has been helpful and great to work with.
Take advantage of what SBDC at FAMU offers! A great resource that any business should use!
Good Job! Whew, never knew starting a business was so involved!
I'm really excited about starting my business and look forward to learning more from the SBDC as I grow!
I appreciate having a workshop like this in the community to help Tallahassee citizens succeed in their endeavors. The SBDC at Florida A&M University is an invaluable resource!