Erasing Common Myths About Small Businesses
Small businesses are a huge part of the U.S. economic base. A recent Huffington Post article does a great job giving small businesses the credit they deserve by outlining “five big myths about American small businesses.” The following are ideas commonly held but just not true: The majority of people nationwide work for big corporations. Large employers... [Read more...]
The state of Florida ranked third in the nation in income growth from 1960-2010, according to the South Florida Business Journal. This statistic is based on a report done by G. Scott Thomas of the Business Journal. Yearly increases in personal income in Florida came in at 8.99 percent. According to the article: “Disposable income is defined as all money... [Read more...]
Office Vacancy Declined in South Florida
The office vacancy rate in the first quarter this year came in at 14.5 percent, a decrease since the quarter before, according to CoStar Group, a commercial real estate information company. CoStar reports: "The vacancy rate was down over the previous quarter, with net absorption totaling positive 457,271 square feet in the first quarter. Vacant sublease space... [Read more...]
The commercial real estate industry in Miami is certainly looking up. A recent article in Miami Today pointed to these contributing factors: the potential of the Port of Miami dredging project, the increasing leasing activity, and the interest foreign investors are showing in the area. According to Miami Today: “The influx of international investors coming... [Read more...]
Miami is the place to be, and the restaurant scene is proving it. In March, mainland Miami-Dade tax collections on restaurant and bar tabs reached a record high, continuing consistent gains since 2009, according to The Miami Herald. Miami’s Wynwood and Design District, as well as the Mary Brickell Village shopping plaza, have attracted a plethora of new—and... [Read more...]
