Monday's Afternoon Update
What you need to know about Florida today
Florida lacking loans to small businesses
Despite being the third-largest state for small businesses -- more than 2 million of them that employ 3 million workers-- many of those business owners say access to capital is their top issue. More at the Sarasota Herald-Tribune.
Growth in US services firms rises in June
U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased. Steady hiring over the past year has fueled a consumer spending rebound from a winter slump. More at the AP.
Rising egg prices eat into bakery, restaurant profits
The country's worst bird-flu epidemic in more than 30 years has devastated flocks of egg-laying chickens in the Midwest, where most eggs in the U.S. are produced. More at the Orlando Sentinel.
Cuban entrepreneur builds a business on classic American cars
Julio Alvarez Torres started business with a single refurbished 1955 Chevy Bel Air that had been in his family for decades and put it into service in 2010 driving tourists around Havana. More at the Miami Herald.
Small Business Advice
Contingency plans are important for every facet of business
Every business needs to develop a contingency plan for every situation that could disrupt operations. To identify what the game changers are for your business, you need to go through every service, every employee and every piece of equipment and ask yourself how the company would be impacted if you no longer had it. Read more from Jerry Osteryoung.
Companies are fueling Florida's growth
Readers are familiar with the largest companies in Florida -- both public and private -- as listed in this magazine each year. The size of the public companies doesn’t surprise me as much as the great size of the private firms.
Florida Small Business
Entities that transact business in Florida as Florida Limited Partnerships or Limited Liability Limited Partnerships are required by Florida Statutes to file a Certificate of Limited Partnership with the Division of Corporations and pay the registration fees. More information about partnerships from Florida Small Business.
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