When the latest layoff story is about you

It’s an odd feeling reading in the newspaper about losing your job. I didn’t learn about being fired in the newspaper but the story of losing my position was there. Why I lost my job (along with more than a dozen of my colleagues) was the lead story in the business section of The Miami Herald on Feb. 22. It even had a picture of me right next to the paragraph describing how...

Read More..

Florida class-action case takes aim at Citizens’ reinspection program

Thousands of Florida homeowners buffeted by higher windstorm premiums have sued state-run Citizens Property Insurance Corp. to recover potentially hundreds of millions of dollars in “back-door” rate increases driven by “arbitrary” reinspections of their residences.The proposed class-action lawsuit, filed in Broward Circuit Wednesday, aims to halt Citizens’ reinspection program,...

Read More..

Don’t get too personal on LinkedIn

Have you ever received a request to connect on LinkedIn from someone you didn’t know or couldn’t remember?A few weeks ago, Josh Turner encountered this situation. The online request to connect came from a businessman on the opposite coast of the United States. It came with a short introduction that ended with “Let’s go Blues!” a reference to Turner’s favorite hockey team...

Read More..

Friday is the deadline for homestead exemption applications

Friday is the deadline to apply for a homestead exemption or other property-tax break with the Miami-Dade County Property Appraiser.Two new exemptions are on the books. One aims to cut the tax burden for low-income seniors who have lived in their homes more than 25 years. The other is for the spouses of police and fire-rescue workers who have died in the line of duty. Homeowners...

Read More..

Foreclosure prevention counseling offered

Homeowners struggling to keep their homes can meet with mortgage company officials and housing experts to get personal advice and help at a free workshop this week in Miami.The event will run 1 p.m. to 8 p.m. Wednesday and 9 a.m. to 3 p.m. Thursday at the James L. Knight Center at 400 SE Second Ave., Miami. U.S. Rep. Frederica Wilson, from Florida’s 24th Congressional District,...

Read More..

Miami medicine goes digital

About 10 years ago, Dr. Fleur Sack quit her practice as a family physician to become a hospital department head. Spurring her decision was the need to switch from paper records to electronic ones to keep her private practice profitable. “At that time, it would have cost about $50,000,” Dr. Sack recalled. “It was too expensive and it was too overwhelming.” But times and technologies...

Read More..

South Beach Wine & Food Festival changes Miami's culinary scene, impacts economy

For Miami restaurateurs, this is Showtime.With dozens of top chefs — Bobby Flay, Todd English, Daniel Boloud and Masaharu Morimoto among the list — in town for the South Beach Wine & Food Festival, the pressure is on everywhere, from Michy’s to the new Catch Miami. The goal: Show everyone from around the country that Miami’s food scene has arrived on the national stage.Chef...

Read More..

The faces of Florida’s Medicaid system

The tea party governor now says he wants to expand Medicaid. The Republican Legislature isn’t as sure. Hanging in the balance? Access to health care for 1 million or more poor Floridians. Billions of dollars in federal money.The state budget, which — already — pumps $21 billion a year into care. Florida’s Medicaid system today serves more than 3 million...

Read More..

Jorge Perez: Large upfront payments for condos only works in Miami

Financing condo towers with large upfront payments in the United States basically only works in Miami, thanks to foreign buyers who don't expect to borrow heavily for real estate, Related CEO Jorge Perez said Friday."It's a very local market," he told the University of Miami Real Estate Impact Conference. "It's for people who are used to paying cash for most of their second...

Read More..

Experts offer advice to entrepreneurs

Do your research, be sure to network, pick partners who have complementary skills and make sure your product is amazing.Starting or growing a business can be daunting for an entrepreneur. So have a plan, give only a sliver of your business away to investors, know how much money you need and how you will spend it, and demonstrate your passion when searching for capital.Experts...

Read More..

Heico Corp. says sales, profits increased in first fiscal quarter

Technology company Heico Corp. on Wednesday reported modest growth in sales and profits for the first fiscal quarter, though operating income decreased compared to a year ago.The company, with headquarters in Miami and Hollywood, reported that net sales increased 2 percent to $216.5 million for the quarter that ended Jan. 31. Net income increased 4 percent to $20 million....

Read More..

Best photo apps for Android devices

Whether you want to slap a simple filter on your photo or get granular and change attributes like color levels and saturation, we’ve got a list of the Android apps you’ll want to use. Snapseed The good: With its unique gesture-based interface, this offers an incredible level of control over its effects and filters. The bad: The tools and interface aren’t...

Read More..

Open English expands across Latin America

Back in 2008, Open English, a company run from Miami that uses online courses to teach English in Latin America, had just a handful of students in Venezuela and three employees. Today the company has more than 50,000 students in 22 Latin American countries and some 2,000 employees.To fund this meteoric expansion, the founders of Open English — Venezuelans Andrés Moreno and...

Read More..

Small business lending rebounds in South Florida

For years, Pablo Oliveira dreamed of buying a property to house his high-end linen and furniture rental company, Nuage Designs, which has created settings for such glamorous events as the weddings of Carrie Underwood and Chelsea Clinton.A few months ago, that dream came true, when Oliveira purchased a warehouse across the street from his current Miami location. He is now...

Read More..

Sign up for Feb. 21 Miami Herald Small Business Forum

Prepare your best pitch for the Miami Herald’s Small Business Forum, Feb. 21 at the south campus of our sponsor, Florida International University.In addition to how-to panels and inspirational stories from successful entrepreneurs, our annual small business forum will include interactive opportunities with experts to learn about financing options and polish your personal...

Read More..

South Florida trade shattered records in 2012

It was a golden year for international trade through the Miami Customs District in 2012, as South Florida’s airports and seaports handled a record $124.73 billion worth of trade and cracked into the nation’s Top 10 customs districts for the first time.But the Miami district’s top exports and imports were also golden. Since 2009, gold from countries such as Colombia, Mexico,...

Read More..

American Airlines, US Airways announce merger

After a nearly yearlong courtship, the union became official Thursday: American Airlines and US Airways have formally announced plans to merge.An early morning announcement by the airlines confirmed reports widely circulated after boards of both companies approved the merger late Wednesday.The move brings stability to one of Miami-Dade County’s largest private employers more...

Read More..

Now owned by top executives, Cruise Planners on course toward continued growth

With a background in travel and present-day focus on raising her two small children, Lori Jahner set out to find work she enjoyed that would give her the flexibility she needed.The 33-year-old from Aurora, Colo. decided on Cruise Planners — American Express Travel, a home-based travel agent network headquartered in Coral Springs. “They have so much training to offer, ongoing...

Read More..

Register for our free Business Plan Bootcamp

Whether you are planning to enter the Miami Herald Business Plan Challenge or want to refine a short business plan you already have, our free Business Plan Bootcamp later this month can help. Melissa Krinzman, a veteran Business Plan Challenge judge and managing director of Venture Architects, will be leading a panel of experts who will give you advice on crafting a short...

Read More..

Green cards for sale at a South Beach hotel: Competition is on for EB5 investment visas

If David Hart gets his way, South Beach’s 42-room Astor Hotel will be on a hiring spree this year as it adds concierge service, a roof-top pool, an all-night diner, spa and private-car service available 24 hours a day. New hires will be crucial to Hart’s business plan, since foreign investors have agreed to pay about $50,000 for each job created by the Art Deco boutique....

Read More..