business

Power Of Price
2:00 am
Tue September 16, 2014

When Transparency Isn't Always Enough: A Conversation On Health Care Pricing

Credit freedigitalphotos.net

In our Power of Price series, we’ve been exploring how the secrecy shrouding health care pricing can raise costs — the cost of the care itself and the cost to employees who get their insurance through work.

There’s a movement to make those prices more transparent. More than a dozen other states have started something called an “all-payer claims database.”

These databases track what actually gets paid for care at different hospitals by various insurers. They can be used to analyze the true cost of health care and make it public.

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Education
1:24 pm
Thu September 11, 2014

Groups Say Black-Owned Businesses Don't Have Fair Share Of Miami-Dade School Contracts

Ron Frazier, CEO of BAC Funding Corporation, a non-profit that lends to minority-owned businesses, and a retired architect, helped lead the Urban League and NAACP review of school district contracts.
Credit John O'Connor / WLRN

The Urban League of Miami and the local NAACP want the Miami-Dade school district to stop work on a $1.2 billion bond project to renovate schools and upgrade their technology.

The groups believe black-owned businesses aren’t getting a fair chance at school construction projects.

A district review of contracts -- a legal requirement if the district wants to allocate contracts based on race or gender -- re-ignited the long-simmering dispute. The district review found black-owned businesses received a disproportionately larger share of district subcontracts.

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Overtown
4:50 pm
Tue September 9, 2014

A Saturday Curfew To Shop Only At Black-Owned South Florida Businesses

About 40 young professional gathered at Jackson's Soul Food in Overtown to hear about supporting black-owned businesses.
Credit Nadege Green / WLRN

To support black-owned businesses, a campaign is creating a shopping curfew for South Floridians on the weekend.

The goal of the #CurfewForChange campaign is to empower black customers to shop at black-owned businesses on Saturdays between 12 p.m. and 2 p.m. -- a curfew to halt shopping at other retailers during these hours.

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Real Estate
10:10 pm
Sun August 10, 2014

Is A Business On Lincoln Road Worth The Rent?

A record deal is in the works to sell six properties along Lincoln Road.
Credit Flickr user Mr. Usaji per Creative Commons license: https://creativecommons.org/licenses/by/2.0/

One of the most expensive property sales in South Florida history is in the works on South Beach. Six properties -- currently held by the Terranova Corporation and Acadia Realty Trust -- along Lincoln Road are expected to sell for $342 million.

The properties' current occupants are Starbucks, Armani Jeans, Fossil and the Khong River House restaurant.

As the Miami Herald reports:

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Parking
3:02 pm
Thu July 31, 2014

Delray To Increase Parking Fee For Businesses

Delray Beach may look to businesses to shoulder more of the costs of building parking.
Credit Creative Commons / Flickr user Omar_Bárcena

The City of Delray Beach is looking to increase the parking fee some business owners pay to help build parking garages or city lots.

The city dictates how many parking spots a business must have based on what it is and how big it is: an office needs one spot per 300 square feet while a restaurant needs six spots per 1,000 square feet. Each time the use of a building changes the incoming business must meet the new parking requirements.

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Economy
12:57 pm
Thu July 31, 2014

Study: Miami Bouncing Back From Recesssion, Hialeah Not So Much

Credit Daniel Reichert (Creative Commons License: https://creativecommons.org/licenses/by-sa/2.0/)

Miami’s post-recession recovery is going relatively well; Hialeah’s is not, according to a new study from WalletHub.

The company, which provides online financial analysis tools for individuals and small businesses, looked at 18 different metrics to develop their own recovery ranking: changes in home value, the poverty rate and the foreclosure rate, to name a few.

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Business Of Pot
9:08 am
Mon July 14, 2014

Canna-Ed Day: Cannabis Entrepreneurs Bank On Amendment Two

Credit Vlado / Flickr CC

  Armed with an MBA from Nova Southeastern University, horticulturist Carlos Hermida headed west to California, where he graduated as valedictorian from a for-profit college that trains individuals for the cannabis industry.

Hermida, a Miami native who now resides in Tampa, is one of the more than 200 interested parties – from doctors to security expects to current or potential patients – who attended Canna-Ed Day in Boca Raton Friday.

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Sunshine Economy
1:08 pm
Thu May 8, 2014

Burgers Before Beer: 5 Questions For Funky Buddha Brewery Co-Owner

Before he went into the beer business, Funky Buddha co-owner KC Sentz (second from the left) was an electrical engineer at Motorola, though his first taste of the working life was at a McDonald's when he was 14.
Credit Courtesy of Funky Buddha

KC Sentz and his brother Ryan opened the Funky Buddha Brewery in June of 2013. It was the first production microbrewery in Broward County, and the best known in South Florida. The brewery added a bottling line recently, a milestone for craft breweries, and this May the Sentz brothers announced plans to expand.

Before seeing success as a brewery owner and manager, KC Sentz worked in engineering. But before that, he got his paycheck from Mickey D's.

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Sunshine Economy
6:00 am
Mon May 5, 2014

Can South Florida Boast Of Having Some Tech Cred?

Hundreds of entrepreneurs, technologists and executives come to South Florida May 5 and 6 for the first eMerge Americas technology summit. The conference aims to highlight Miami's growing tech prowess.

The technology industry remains small in South Florida, but it attracts a lot of attention. The promise of high-paying jobs, a highly educated community and a more diversified economy are powerful pulls to develop the tech industry.

WLRN revisits the effort to grow and attract the technology industry to our region. It's the Sunshine Economy with "The Future Emerging: The Technology Industry in South Florida.”

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Record Store Day
12:00 am
Fri April 18, 2014

Independent Record Stores Gear Up For Big Day Of Sales

Sweat Records
Diego Saldana-Rojas

South Florida's vinyl record stores will open early Saturday morning, on the seventh annual dawning of Record Store Day.

The international event promotes independent record stores and aims to boost their business. The day is highlighted by special releases only available to independent retailers, and re-issues of classic records.

Evan Chern, owner of Yesterday & Today's Records in Miami, says his store experiences a spike in sales that day.

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Business Blossoming
3:34 pm
Fri April 11, 2014

South Florida Third Of 15 Metro Areas In Entrepreneurial Activity

Credit 401(K) 2012/Flickr

A study calculating the rate of people to companies in the U.S.' 15 largest metro areas ranked South Florida third for entrepreneurial activity.

The Kauffman Foundation analyzed Census data and figured out South Florida's rate at .43 percent, 15 percent higher than the national average. San Francisco and Los Angeles received the top two spots.

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Business Climate
6:09 pm
Thu April 10, 2014

Miami's Hospitality Industry Luring Start-Ups, Just Not The Tech Kind

Miami's hospitality and service climate makes it easier for non-tech start-ups to thrive.
Credit freedigitalphotos.net

 Local and national leaders at Miami tech conferences have described the city as the next Silicon Beach recently. Sure, silicone breasts and beaches abound in the 305, but silicon computer chips? Not so much. 

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Business
5:07 pm
Tue April 8, 2014

Senate Film Industry Incentives Include Charges To Local Governments

TAX DOLLARS AT WORK: A movie shoot in Miami Beach. A state Senate committee thinks there should be more incentives available to lure movie producers to Florida.
Credit Ray from LA/flickr

Dramatic increases in state incentives to lure film and entertainment production to Florida may be on the way. But this time, local governments would have to pay to play. A bill approved in the Senate Commerce and Tourism Committee would charge counties where the productions take place 10 percent of the face amount of the producers' tax incentives.

Click below to hear the full story.

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Business Cards
11:30 pm
Mon April 7, 2014

A Case For The Paper Business Card In A Digital World

Inspired by a true story: Illustrator Ralph Cabrera's business card shows why hand-to-hand contact exchanges can still work.
Credit Ralph Cabrera

If there is one rule at the Miami Shakers and Stirrers Business Networking Mixer it is this: DO NOT forget your business cards.

On a recent Tuesday evening, organizer Janette Tarafa stood at a corner table of Brickell’s Fadò Irish Pub, cross-checking a list of guests. “Okay, let me get your name tag,” Tarafa said as a young woman walked up. “Do you have a business card?”

“I don’t,” said the young woman, “sorry.”

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Latin America
7:07 pm
Mon March 31, 2014

Lack Of Reforms During Latin America's Economic Boom Will Hurt The Region

Soybean harvest in Mato Grosso, Brazil. The South American giant is now the world's largest soybean producer.
Credit sdsoybean.org

For more than a decade, much of Latin America has enjoyed an economic boom. But at its annual meeting in Brazil over the weekend, the Inter-American Development Bank indicated the party is ending. And the situation may be worse because the region didn’t make productive reforms when times were good.

Hear the full story below.

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