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Monday's Afternoon Update
What you need to know about Florida today
Nonprofits adding business skills
Gone are the days when volunteers with a passion for social service could easily rise to the top at nonprofit organizations. Today, as funders seek greater accountability and demand for social services spikes, nonprofit managers are finding they must boost their business skills to run their organizations effectively. More at the South Florida Sun-Sentinel.
How to build a community around your customers
Can you think of anything better than to have your customers actively promote your company? Better yet, imagine customers going out of their way to influence others in their markets on your behalf. No, it’s not a flight of fantasy -- you too can have your customers become passionate advocates by building a community around them. Read Ron Stein's full column.
French luxury brand expanding stateside from Palm Beach
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Business Profile Silly Farm Supplies
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As the spring and summer line of Vicomte-A comes out salmons and light turquoises, the French brothers who established the brand in Paris and Palm Beach continue to expand. It’s an interesting proposition when the founding U.S. store is still 500 square feet. More at the Palm Beach Post.
Numbers game for Citizens
Ranging from who should be covered to how its claims should be paid, lawmakers face a herculean task in reforming Citizens Property Insurance Corp. The company is the country's ninth-largest home insurer, but Citizens is different from the other insurers in the top 10. Its risk is concentrated all in one state. More at the South Florida Sun-Sentinel.
Let staff have some decision-making authority
Many entrepreneurs spend so much of their time working in the business rather than working on the business. As Michael Gerber said in E-Myth, “If your business depends on you, you don’t own a business — you have a job! The business owner should be devoted to business development, not doing business.” Read Jerry Osteryoung's full column.
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Out of the Box
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