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Monday's Afternoon Update
What you need to know about Florida today
Florida businesses to see drop in workers' comp rates
Florida businesses will get a break on their insurance bills starting in January. The state Office of Insurance Regulation announced late Friday that it has decided to approve an overall 13.8 percent decrease in workers’ compensation insurance rates for 2019. More from WJXT and the South Florida Sun-Sentinel.
Florida's co-working spaces evolving as they gain in popularity
A new generation of co-working spaces is revolutionizing the shared-office concept throughout Florida and beyond, with upscale offerings and, at times, triple-digit rents. As the concept has evolved — and proliferated, with no fewer than a dozen separate offerings from downtown Tampa to Naples — so too has its customer base. More from the Business Observer.
New cruise ship Celebrity Edge on its way to Florida
Celebrity Edge has set sail for Florida. The first in a new class of ship from Celebrity Cruises left the Chantiers de l’Atlantique shipyard on Sunday to make its way to Port Everglades where it will begin Caribbean service on Nov. 21. More from the South Florida Sun-Sentinel.
He sold his company for $1.4 billion. Now this Miami legend is starting over again
If it has happened to Miami, it has happened to Manny Medina. The resumé of one of the city’s most storied entrepreneurs reads like a history of the city’s last 40 years: boom, bust and reemergence. Immigrant. Accountant. Real estate tycoon. Failure. Billion-dollar success. Tech cheerleader. Startup entrepreneur. More from the Miami Herald.
Small Business Advice
Why you need a business plan
In addition to providing a roadmap to follow, the business plan is also a valuable document that potential investors and bankers want to see in considering your requests for funding. It’s not enough that you think you know how to run your business; they want to see your thoughts in a concise, well written form. Read Gray Poehler's full column at Florida Small Business.
Technology
Mote aims to build a better lobster trap
Fishermen in the Dutch Caribbean want their lobster traps to catch more lobsters and fewer nurse sharks. With that in mind, the Dutch Elasmobranch Society, dedicated to the preservation of sharks and rays, contacted Robert Hueter, director of the Center for Shark Research program at Mote Marine Laboratory in Sarasota.
» More from the Sarasota Herald-Tribune.
Profile
Sanford Rederer
Bigger isn’t better. At least that’s what one small airline is arguing, one flight at a time. The entrepreneur behind that airline, Sanford Rederer, has been involved in commercial aviation for about 40 years. Rederer, a Sarasota resident, is dedicating his energies to Island Air Charters — a Fort Lauderdale-based airline he purchased in late September.
» Read more from the Business Observer.
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