Florida Grants Give Small Panhandle Communities an Economic Boost

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Competitive Florida grants and the Florida Department of Economic Opportunity are investing in Florida’s rural communities. The grants span 2 years and help the communities use innovative strategies to promote viable economies, community designs and partnerships. Each community must develop an asset mapping plan first. The cities of DeFuniak Springs, Port St. Joe and Madison […]

February 2018 News Sources Continue to Tout Small Business Confidence

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CNBC.com, USAToday.com and Bloomberg.com continue to report that small business confidence and optimism is looking strong for 2018! Each ran articles this month detailing the reasons for the optimism that has been gleaned from recent surveys. The CNBC/SurveyMonkey Q1 Small Business Confidence Index rose five points from 57 to 62, the largest quarter-to-quarter move and […]

U.S. Small Business Optimism Highest Since 1983!

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According to the Business Insider, the National Federation of Independent Business released a November 2017 survey that showed small business optimism is the highest it has been since the Reagan years. One of the other exciting indexes showed that job creation plans were up 6 points (24% of respondents said that they plan to create new […]

Veterans Florida Entrepreneurship Program

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The state of Florida has created a non-profit corporation that helps veterans transition to civilian life in Florida. Veterans Florida educates veterans on how to open and run their own businesses. It also links veterans with employers as well as supplying grants to employers that will hire and train veterans. In the Florida Panhandle, Veterans […]

Could the Emerald Coast be the Next Tech Sector?

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Carson Wilber wrote an interesting article, “Northwest Florida is the Next Silicon Valley. Here’s Why”, that discusses the various merits of Pensacola and the Emerald Coast’s technological advances. He discusses 3 main reasons that support the area’s ability to be the next big tech sector. NW Florida has the highest concentration of military bases in […]

Entrepreneurship is Back

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Hubspot recently produced an interesting video that talks about the resurgence of entrepreneurship. 1/3 of America’s workforce is made up of self-employed people and small business owners. Today, most people no longer “work to live”. Two of the top reasons for their choice of work is personal satisfaction and the chance to change the world. […]

A Closer Look at 2017 Q1 Small Business Data

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BizbuySell Insight found the sale of small businesses were up 29% from the first quarter of 2016. They also reported that these sold businesses grossed an 8.4% increase in median revenue from 2016 Q1. Median cash flow for these same businesses was also up 6.6% from the year before. These are the highest totals of key financial […]

Benefits of Using a Business Intermediary

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Jay Offerdahl of Viking Mergers and Acquisitions brings up a valid point when he recommends that business owners enlist the services of an experienced business intermediary. “Most people wouldn’t try to sell their house without a real estate agent, file a tax return without the guidance of a CPA, invest without a financial advisor or […]

Business Confidence in Alabama Reaches a 10 Year High

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The University of Alabama’s Culverhouse College of Commerce conducted a survey that shows business confidence for the state of Alabama went up 2.5 points to reach 65.2 in the second quarter of 2017. This is a 10 year high for the Alabama Business Confidence Index! Business leaders in Alabama are expecting rising sales, profits, hiring […]