Pundits say that investors are concerned about the possibility of a trade war. Deloitte has noted that the global economy is “decelerating sharply,” which could mean a recession is on the horizon. “Despite record low unemployment, a burgeoning trade war has had a stifling effect on business investment and trade flows, not only in the […]
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Every small-business owner is looking for an edge to set their company apart or give them better odds of success. Smaller companies are generally nimble enough to change or adopt new strategies when needed. But these businesses also run on a tight budget, and the trends they focus on need to both be cost-effective and […]
In part one of this series, we explored the pressures that cause us to consider international expansion for our companies. We also discussed the importance of market research surrounding cultural differences and structure (distributor, joint venture, wholly owned subsidiary). In part two, I shared lessons learned over 30 years as a senior executive running international […]
In part one, we explored the pressures that cause us as leaders to look at international expansion for our companies. We also discussed the importance of market research surrounding cultural differences and structure (distributor, joint venture, wholly owned subsidiary). In part two, I’ll share lessons learned over 30 years as a senior executive running international operations […]
Pressure to expand your company internationally can come from many angles. The opportunity to grow, competition, an employee who is familiar with a foreign market or a buyer from another country are all among the reasons we entertain the idea. Perhaps, through a series of articles, I can share learning accumulated during my 40-year international […]
For most small businesses, initial growth happens locally. Often, business leaders begin to spread the word through family and friends, who then tell their connections in the community. These word-of-mouth referrals can lead to new customers, vendors, partners, employees and more for a small business. The members of South Florida Business Journal Leadership Trust understand the importance […]
If you’re a business owner, you probably know that growing the bottom line requires conserving cash. That’s because raising cash is a management distraction that can also lead to the dilution of the existing shareholders’ stakes. A shortage of cash is also often the biggest reason that companies fail to reach their profitability targets. (Before […]
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