FLORIDA IS AMERICA’S POWERHOUSE

December 5th at 10:46pm

Florida Business Funding by First Down Funding Florida is one of the United States’ economic powerhouses. It’s the third biggest state in the country by population, and has the fourth biggest economy. In fact, its GDP is larger than all but 16 countries. The top five industries for small business in Florida are accommodation and food services; healthcare and social assistance; professional, scientific, and technical services; construction; and retail. Florida’s gross domestic product reached $1 trillion in 2018. If Florida were an independent nation, it would have the 17th-largest GDP in the world, ranking just behind Indonesia and above Turkey, the Netherlands, Saudi Arabia, Switzerland, and…

View Article

BALTIMORE: LOWER COSTS BETTER VIBE FOR STARTUPS

December 4th at 10:49pm

Greater Baltimore is one of the best metros for growing new ventures.  The Region’s opportunity share of new entrepreneurs ranks 2nd among the largest metro regions in the U.S.  Baltimore’s talent pipeline is fueled by the city’s prestigious academic institutions, including Johns Hopkins University, Loyola University, and the University of Maryland, Baltimore, which host entrepreneurship and business programs. Additionally, powerhouse public companies like T. Rowe Price, Under Armour, and McCormick & Co. have lured employees to the area and expanded the talent pool for local startups. Founders looking to save cash would be wise to settle in Baltimore: The average asking rent…

View Article

WALL STREET: TODAY’S UPDATE AND KEY POINTS TO KNOW BEFORE INVESTING

December 3rd at 9:42pm

The Dow Jones plummeted 281 points today,. Traders and investors are taking a close look at the market after President Trump said he might favor waiting until after the 2020 election to make a China trade deal. The Dow Jones Industrial Average fell the most, weighed down by weakness in Apple stock and Intel stock.The market is now grappling with the likelihood of no trade deal, but the critical issue is tariffs. The Dow Jones Industrial Index or DJIA has risen 15.5% year-to-date. The index is trading at 26,935.07, which is 1.9% below its 52-week high. The Dow Jones index has performed incredibly well in 2019, thus far. Ready…

View Article

HOW TO SAY THANK YOU TO YOUR CUSTOMERS

December 1st at 11:21pm

Gracias, merci, danke, obrigado, grazie, THANK YOU. However, you say it, ‘thank you‘ is one of the most important phrases in your vocabulary, and is a critical, effective tool for building relationships in business. A simple ‘thank you’ can show your clients and partners that you value the relationship, and it helps build rapport. For employees and co-workers, ‘thank you’ can inspire confidence, show that the work they do is integral to the success of your organization, and build loyalty. To improve your relationships and ensure you’re making the people you interact with feel respected and valued, check out how…

View Article

THE CRUISE BUSINESS IS BOOMING

November 29th at 5:39pm

Cruises have always been an important part of the travel economy, and a a very popular one amongst Americans.  Each year, more than 11 of millions of Americans go on cruises, in general, every fifth resident of the United States visited the cruises. Since the recovery from the 2008 recession, the cruise business has been booming. Industry data reflects that the cruise industry’s significant growth over several years is not showing signs of slowing down. According to Cruise Lines International Association, an organization that conducts continual industry analysis, cruisers spent $21 billion on their vacations in 2014. The association also points out…

View Article

SHOULD YOUR BUSINESS ACCEPT BITCOIN?

November 28th at 8:10pm

There’s a great story known by bitcoin enthusiasts, and one that raises the question if bitcoin is an investment asset or a currency.  In 2010 Laszlo Hanyecz made a request to a bitcoin forum to buy a pizza with 10,000 bitcoins, he even expected two pizzas, to his surprise he found someone that took him up on the offer. Along with the pizza seller’s reply he also received lots of comments such as “You can sell those bitcoins and get $41 dollars, that will be much better than the pizza”.  Laszlo got his pizza for what is the equivalent today of…

View Article

BLACK FRIDAY AND CYBER MONDAY FOR YOUR BUSINESS

November 27th at 11:01pm

Preparing for Black Friday and Cyber Monday can be stressful for many business owners as changing marketing campaigns, and adjusting processes for an influx of extra traffic, sales and returns, etc.  Overall is an opportunity for most industries, so here are some tips on how to adjust for these important dates: Drive traffic and make sales! Start your deals in the days leading up to Black Friday/Cyber Monday. Market your sale through all your channels. Offer flexible returns. Offer a free gift with purchase. Hold a Black Friday and/or Cyber Monday event. Take part in Small Business Local Events (local Saturday events). It is not too…

View Article

Happy Thanksgiving from First Down Funding

November 27th at 5:11am

First Down Funding wishes all Small Business Owners from coast to coast, a very Happy Thanksgiving to you and your family.

View Article