Starting A Business In Fort Lauderdale, FL: 4 Essential Tips From Miami Entrepreneur Lee S. Rosen

So you’re starting a business. Doesn’t it seem like everyone has advice? But if we can agree on one thing, it’s the fact that a fair percentage of start-ups launched from South Florida.

“Budding entrepreneurs are starting to shun the compelling lights of New York City and established hubs like Silicon Valley,” South Florida businessman Lee Rosen says. “These days, some areas in South Florida are becoming hot spots — Fort Lauderdale one of them.”

Whether you’re a person who’s trying his luck on business for the first time or relocating your business to another location, here Lee Rosen’s top tips you should keep in mind.

1. Passion Matters

Doing what you love and making money out of it is a dream for most people, but to those who have enough resources, this can be a reality. Sure, not all entrepreneurs actually love their business, but at the very least, you have to be fired up about it.

Starting a business requires most of your energy and time on it, and to make it successful, it’s important that you care and enjoy what you do. “Love” isn’t really a requirement when starting a business, but it could be the reason why your business will last.

2. Plan Well, But Don’t Aim For Perfection

Lee S. Rosen shares that he planned for a long time while he was still in his job before deciding to go full time on his own business. He emphasizes the need for constructive criticism before opening your services or products to the public. You can start asking for feedback from family or friends, and people with experience in business.

Communication is important when you’re starting out, but don’t get too caught up in making your product perfect. It’s okay to launch something when you’re half ready. Make sure to make improvements though once your business is running.

3. Keep Costs At Minimum

Even if you have all the cash flow in the world, it will be entirely useless if that cash flow is not positive, which means you have to bring in more cash than you pay out.

For starting businesses, it’s crucial that expenses and costs are low. One tip is to avoid paying retail as much as you can and rely on slightly used items to furnish your retail space or office.

When it comes to vendors, it will do your business good if you pay up front so you can negotiate lower prices when possible. Credit is at a premium in the current economic environment, which means vendors are open to creative ways to make transactions work.

4. Ask Yourself If Youre Better At Entrepreneurship or Franchising

America’s franchise industry has experienced massive growth over the last seven years, according to the International Franchise Association. It makes absolute sense, considering franchising is one way of getting into business without spending too much.

So how do you know if you’re fit for franchising? Try walking into a store. If you find yourself suddenly pointing out things that should be improved, you might be more inclined to run a franchise. However, if it’s in you to address a specific demand in the market or want to promote your own products, entrepreneurship is a better idea.

One big reason why Fort Lauderdale is proving to be so business-friendly is the fact that the area is in a good geographical location. The rail and road networks will get in you in and out easily and is situated not far from a major network.

For your business to be future-proof, Mr. Rosen says Fort Lauderdale is a strong contender.

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Miami Businessman Lee Rosen: 5 Things You Realize About South Florida The Moment You Move In

Thousands of people move in and out of South Florida every year. Notice the inclusion of the moving out figure. It’s because no matter how exciting the thought might be, relocating to South Florida isn’t for everyone.

“There’s a big difference between thinking you’re a local and actually being one,” says South Florida businessman Lee Rosen. “There’s a lot to take in, but what people should understand is that we’re not just about nightclubs and beaches.”

Apart from South Florida’s languid heat, here are other things you’ll realize as soon as you move in.

1. Nobody Cares About the Beach, Especially in the Summer

There are actually people in America who haven’t seen the beach in years. And if you’re one of them, your eagerness to pack your beach towel and suntan lotion is obviously sky-high — that’s okay. Except… knowing the beach is just down the street isn’t exactly a big deal to South Floridians because they’re sick of it and the sand is like tiny pieces of burning coals. If the locals can’t take it, neither can you.

2. Sawgrass Mills is One Unconquerable Landmass

To say that this mall is enormous is an understatement. You might be a long-time resident of South Florida, but it’s possible you’ve never seen the whole of Sawgrass Mills. Anything and everything you want is basically in there, from the usual stuff found in malls to the weirdest of items you’d think nobody would dare sell.

How big is the mall exactly? It’s 2.1 million square feet of space with over 350 stores and outlet shops. You’ll need a survival guide before you bask in this glorious structure and come out walking straight. But if you have money to spend, Sawgrass Mills is definitely worth visiting, because who doesn’t want to be dazed and confused once in a while?

3. It’s Either Too Hot or Too Wet

Florida isn’t called the Sunshine State for no reason. It is, indeed, sunny in Florida, but it doesn’t stay that way all year long. If you’re doing certain measures to combat the intense heat of the sun, the same efforts must be exerted when preparing for hurricanes.

While making sure you have enough sunscreen and you’ve installed an AC, knowing South Florida’s evacuation routes is also important. Make sure your place has storm shutters and prepare a hurricane kit as well, along with a safe to keep your important documents. Lastly, see to it that your home has insurance to cover you against wind or flood damage.

4. You Can Grow Your Own Food

Despite prone to flooding, South Florida’s weather is perfect for growing all kinds of fruits such as avocados and mangoes. You’ve chosen to relocate to South Florida; you might as well take advantage of its rich sandy soil. Go ahead and grow yourself some key lime, lemon, grapefruit, and oranges.

The weather in South Florida is also good for growing herbs and lettuce. With fertilizer, you can grow peppers, green beans, and tomatoes as well. Mangoes ripen in the summer, while other crops are typically grown in the winter.

5. You Suddenly Find Yourself Brushing Up Your Spanish

In many areas of South Florida, Spanish has become the most-spoken language, toppling English over. You may think you’ll be able to survive by speaking English alone but to settle in like a local, navigate easily, and conduct business, speaking Español is necessary.

“A few South Florida cities have been named among the best cities to live in,” Lee Rosen quips. “Some people leave, but most of them stay because really, even the craziest ideas work in Florida,” he adds. “You’ll live.”

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Boca Raton Businessman Lee S. Rosen: 5 Things To Do In Boca Raton, Florida

Boca Raton businessman Lee S. Rosen has only beautiful things to say about Boca Raton — and rightly so. This Southeastern Florida city is a treasure trove of beaches, golf courses, and parks. That’s not to mention its rich cultural climate, active entertainment scene, and a multitude of shopping and vacation destinations.

“Boca Raton is not a city with plenty of parks; it’s a city WITHIN a park,” jokes Lee Rosen, a long time entrepreneur in and out of South Florida. The city has a whopping 46 parks, each with its own amenities, including playgrounds, pools, basketball courts, soccer fields, you name it. If you are looking for free Zumba classes or yoga and tai-chi sessions, Boca (as the locals fondly call it) has it.

Here are five fun things you can do when in Boca Raton, Florida.

1. Enjoy the sunset at South Inlet Park Beach.

This location features both manmade and natural reefs that will look stunning for snorkelers. Aside from water activities, you can also do fishing and cycling on site. If you just want to relax and bask in the sun, you can certainly do so — even with small kids around. This place sees a lot of families having picnics, and there are plenty of lifeguards on duty to help keep everyone safe.

2. Be a kid again at Sugar Sand Park.

“This is a favorite because it never gets old,” muses Lee Rosen. Sugar Sand Park sits on a 53-hectare land with an outdoor science-themed water playground, basketball courts, six baseball fields, an inline hockey court, a carousel, and dozens of picnic tables all around. In addition, it holds the Children’s Science Explorium, the Field House, and the Willow Theater. Visitors of all ages will definitely enjoy hanging out here and devoting full day wouldn’t be enough.

3. Shop ’til you drop at Mizner Park.

Known as Boca Raton’s “lifestyle hub,” Mizner Park is where the serious shoppers go. The place sits on a vast property that also features top-rated restaurants and mini-attractions to delight mostly he younger crowd. It is also home to the Count de Hoernele Amphitheater and the Boca Raton Museum of Art.

4. Luxe tripping at the Town Center.

This is the city’s more upscale shopping destination and is pretty popular being the largest enclosed shopping mall in Palm Beach County. It houses more than 200 shops, including Neiman Marcus and Macy’s. Town Center is the second largest mall in South Florida (in terms of area).

5. Getting closer to the environment at Red Reef Park Beach.

Being in Boca Raton, one can never really run out of beach destinations to enjoy, Red Reef certainly stands out as one the most popular destinations both for tourists and locals. This park is home to the Gumbo Limbo Environmental Complex, which has an indoor musuem, a number of aquariums featuring ocean wildlife, and a gift shop. It also has a boardwalk trail for the adventure seekers, which lets you explore the nearby woody section that houses a lovely garden and an observation tower.

“Boca Raton is a nice destination for solo travelers, couples, and even families, with kids,” adds Miami businessman Lee Rosen. “You can never really think too much about going to this city because there’s always something for everybody. Just can just go to Boca on a whim and you’ll still find something entertaining.”

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Miami Businessman Lee Rosen Shares Golden Startup Tips For New Entrepreneurs

Miami businessman Lee S. Rosen has been helping many small business owners get a better handle of their ideas so they can translate these into profitable realities. With decades of experience on his back, both in the real and online realms, this South Florida entrepreneur certainly knows what it takes for startups to succeed. After all, Lee Rosen has helped form several companies from ground zero, including Healthy Bees LLC, DDS Technologies, and New Generation Biofuels. On top of that, this Boca Raton businessman is also an avid golfer, thus laying truth to the idea that true entrepreneurs stay grounded through sports.

Primary in his advice for startup entrepreneurs is to not count the chickens before the eggs hatch. As one moves into a new industry or tries to establish a name in a new niche, the goal is to just lay the foundation first and work to meet goals before listing down what you want to buy out of the projected profit. Lee S. Rosen shares his five golden nuggets of wisdom for small business owners.

1. Absorb everything.

Because you’re starting a new product or service, you will need all the feedback you can get from everyone. Good or bad, these pieces of advice are what will help you improve on your weaknesses. “Successful entrepreneurs are so because they know how to listen and act like a sponge when it comes to new information,” notes Lee Rosen.

Encourage people to be honest with you so you can find better ways to do things. Remember, without your customer, you won’t have any profits to speak of. By listening to what they have to say, no matter how “painful,” you learn. And it is only by accepting your weakness that you can move closer towards success.

2. No room for excuses.

“Business is not for those who constantly make excuses,” says Lee S. Rosen. Listing reasons why you cannot do a certain task will not make that job any easier nor will it get done. Worrying about the risks that your startup might face is normal, but it serves you better to find a solution or to be proactive about addressing potential problems before they arise. See every setback as a chance to improve and learn — don’t let it keep you from moving forward.

3. Present solutions or be one.

Think about what your product or service will solve. Successful startups are so because they addressed a problem and provided a fix. Don’t just think about what you want to sell; consider who it will help and anchor your strategy on that. For example, don’t open a coffee shop just because you love coffee. Set it up because there’s a market in your neighborhood that wants to enjoy fresh coffee anytime of the day but with an ambience.

4. Take note of your expenses.

Your idea sounds stellar and looks like it does have the potential to have you earn big bucks. But, first, what does it cost to get there? You will need to list down every expense related to launching and operating your new business. “These costs include rent, office supplies, marketing, even that coffee you bought for the first staff meeting, all those should be factored in,” says Rosen.

As your new business sets up, you have to be prepared to welcome costs from every angle. That includes your personal budget. Review all your funding options (like savings, loans, or borrowing money from a family member) before operating your startup.

5. Speak up.

Many startups fail to move past the launch phase because they are too shy to tell the world what they are about and what they can offer to the world. Remember that your goal is sell and make a profit. If you’re not over that shyness (or fear), it will be very difficult for you to make money.

“In my early days as a businessman, I feared having to speak to people to offer my services. I didn’t have any public speaking training, so I wasn’t open to the idea,” recounts Lee Rosen. “But experience teaches you a lot of things — one of those is that you need to speak confidently about your business, because nobody else will.”

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Miami Businessman Lee S. Rosen: Starting A New Business In Boca Raton

Boca Raton businessman Lee S. Rosen has been a Miami entrepreneur for decades, so when it comes to the right person to ask about advice on starting a new business in the area, he is often tapped for resources. So many people are looking to take root and set up shop in Boca Raton mainly because of the wide range of opportunities to grow in various industries. Boca Raton has a beautiful beach, a rich culture, a bustling entertainment scene, and a busy business environment that there’s always something for the startup entrepreneur to anchor on.

We caught up with Lee Rosen in Miami to talk about what it takes to set up a new business in Boca Raton. Here are his five golden nuggets of wisdom for newbies.

1. Decide on your field of business and who your target market is.

There’s no business to speak of if you can’t decide on your niche. There are so many things you can do in Boca Raton and the possibilities are endless.

“Of course, you start with what you know,” says Lee Rosen. “You set up a business based on something that you have significant background on and use that as your root.”

But, first, check the existing market and see if there is a demand for what you do. Also, try to find out if your preferred niche is already saturated, and then you decide if you still want to go head-on with the existing businesses or adjust your sails to offer something others aren’t. You can also shelve the original idea and try out for a new niche that has a big demand but low supply. For example, there are hundreds of beauty salons in Boca Raton but less than a dozen barbershops.

2. Identify your location.

“Location is everything,” notes Lee Rosen. “Even if you have a solid marketing strategy in place, you still won’t have organic and impulse sales because customers have to go out of their usual way to see you.”

Boca Raton also has specific rules when it comes to setting up your business. Before leasing a space, you should first get in touch with the City Zoning Office to find out if your site is classified under the right district.

3. Get your local permits and certifications in order.

In addition to the business tax and certificate of use, you will need to secure specific licenses for certain types of ventures. For instance, if you’re setting up a cafe, you will need a certification from the Florida State Division of Hotels and Restaurants. If you’re offering a service, you have to secure a professional license from the Florida professional regulatory board.

“Without the right licenses, your business will not survive in Boca Raton. Just make sure that you have ironed out all the paperwork before even starting so there are headaches in the future,” says Rosen.

4. Be open to revise and evolve.

The market is constantly evolving and consumer appetites are changing by the day. While you should be loyal to your brand, you should also be open to throwing a few curve balls to cater to your market. Remember that with the advancements in technology, information is now available to people with just one click. Your business should welcome new ways to present your product and adopt fresh strategies to get your customers’ attentions.

5. Join local business groups and be friends with your neighbors.

Business is a constantly evolving realm and entrepreneurs should constantly update their knowledge to stay afloat. “There are plenty of learning programs in Boca Raton and Miami that can you enrol in or join,” notes Lee Rosen. “This not only expands your knowledge of new business insights and the changing market, it also widens your network and links you up with other local entrepreneurs who might become your growth partners in the future.”

Boca Raton businessman Lee S. Rosen believes that the city still has so much room to expand, so the markets are still very open for new players. The Miami businessman is currently the CEO of Healthy Bees LLC but has investments in many other enterprises around South Florida and other US cities.

“Every day, there’s something new to love about this beautiful city. Budding entrepreneurs will find that as long as they have the right strategy, growing and thriving in Boca Raton is very possible,” concludes Lee Rosen.

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5 Reasons To Pack Up And Move To Boca Raton, FL

The thought of Boca Raton somewhat brings you that cliche Florida ideations often depicted in movies, music, and books. But there’s more to Boca than its beaches and the sunny side of life. The city is currently enjoying its thriving tourism industry made possible by its vibrant art culture and abundant parks. The beaches are also a sight to behold. In addition, Boca’s five colleges and A-rated public schools make an impression, as well.

Why you should move and live in Boca can be enumerated with so many reasons. “If you want beautiful weather, great employment, and good schools, Boca Raton has it all,” says Boca Raton businessman Lee S. Rosen.

Need more convincing? Here are five reasons why you should move to Boca.


Boca Raton has more than 40 parks, which covers 16,000 acres of trail and parkland. The city is also home to the Tri-Rail system, which makes up north-south trail routes where students from the Florida Atlantic University can enjoy biking trips. The public beach stretches 4 miles and is purposely left untouched to maintain its natural state. For dog lovers, Boca residents can retreat to the famous dog beach — the only pet beach in Palm Beach County.


At Boca Raton, the success probability of children is high because of the many schools that offer a productive learning environment made of high-grade academics and other co-curricular activities. The city is also home to the best universities and colleges in the country. You get to choose if you want charter schools, public, or private institutions.


Summers in Florida may not be the best type of weather for some people, but if you want to avoid the struggles of low temperatures, you’ll find Boca Raton’s weather quite lovely. In Boca, the hottest season is generally experienced from June to October, while the rest of the months can offer you temperatures not warmer than 89 degrees or no cooler than 61 degrees.

Expect clear skies in Boca — you’ll rarely see cloudiness even if the temperature drops in December.


Sure, most cities all have malls residents can frequent, but in Boca, the Town Center may offer the best shopping experience ever.

If you happen to pass by Glades Road, you’ll notice a vast and rather inviting establishment full of upscale shops, luxury stores, and America’s most popular chains. Among them are Williams-Sonoma, Pottery Barn, Papyrus, Pandora, Kate Spade, Godiva, Galleria Italia, Coach, Brooks Brothers, Bloomingdale’s, Alex and Ani, and Abercrombie and Fitch.

Eateries and restaurants are also a dime a dozen, and the best events and celebrity appearances are often held in Town Center. If you’re lucky, you get to experience discounted offers and sales in the mall, which is a great deal for those who want to partake in a shopping binge.


The business climate of Boca Raton has given people more than 8,000 jobs over the last five years. According to Lee S. Rosen, Boca is becoming a solid tech start-up hub, and is need of workers in a wide variety of industries such as retail, automotive, housekeeping, and construction.

Whether you are employed or self-employed, Boca has great opportunities for people keen on starting a career. Being in Florida, the city is considered a no-income-tax zone, which not only attracts home buyers but corporations and business owners, as well. Boca is home to some of the best employers in the U.S.: IBM, Cancer Treatment Centers of America, and Office Depot’s corporate office.

Many towns and cities in the U.S. offer unique experiences for those who want to relocate, but Boca Raton has its own attractiveness and charm that entices a lot of people. If you’re willing to move, the city could be the place where your dreams will be realized.

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Boca Raton Businessman Lee Rosen: Best Jobs To Have In This Florida City

Gains of employment are existent albeit slow, but some states in the U.S. prove to be luckier than some — Florida being one them. Leading the way is Boca Raton, the southernmost city in Palm Beach County, which according to South Florida businessman Lee Rosen is “well known to be boom-bust.”

Back in the day, there was no way of knowing which jobs will be a hit in fifty years. These days, however, we can guess which ones are going to be the most fruitful for workers in one year. That said, here are the best jobs to have in Boca Raton that’ll further contribute to the city’s economic growth.

Medical Jobs

Lee S. Rosen says that the understanding of the Affordable Care Act and the greater trust in the economy is causing the strong demand for medical and healthcare workers. In the past months, jobs in these sectors have been up three-fold. There’s high demand for registered nurses in labor and delivery and operating rooms, as well as lab assistants, dental professionals, and clinical laboratory technicians.

Construction Jobs

The construction industry has had a hard time since the housing crisis. Construction workers left the industry causing the demand for new workers to fill the positions. As of now, there’s still a ton of positions waiting to be filled with business owners aiming for out of high school individuals willing to be trained or looking to start a new career.

Electricians and plumbers are also in demand in Boca Raton, jobs that promise good pay and maybe a business of their own in the future. The thing about these jobs is that there are training centers that you can enroll into and finish within months, but the skills you gain is more than enough to keep you employed.

Managerial Jobs

If you’re skilled at managing people or have a degree for a managerial position, you might want to take advantage of the demand in a wide variety of industries including retail, automotive, housekeeping, and construction. First line supervisors that promise a salary of $45,460 are also needed in South Florida, not only in Boca but Broward County and Palm Beach, and Miami-Dade, as well.

Tech Jobs

People with strong programming skills or have a degree in computer science or information technology will get even luckier this year. Both huge companies and start-ups are looking for software engineers and creative developers to create innovative apps or strengthen underlying systems.

Tech jobs are becoming one of the highest paying professions since last year, with a salary of $72, 059 to $102, 280, according to the Bureau of Labor Statistics.

Health and Fitness Jobs

Health and wellness are both gaining momentum, drawing the need for fitness trainers and health gurus. Trainers can guide people in all age groups as long as they are willing to be a part of a fitness plan.

A trainer’s job can be flexible given that one can teach classes at the gym or a client’s home. By 2022, it’s expected that the demand for fitness trainers will grow about 8 percent, according to the Bureau of Labor Statistics. A job as a trainer has the median salary of $39, 000 or more, which only needs a certification test to be called a qualified professional.

With such a fluid economy, it will be interesting to see how these jobs will continue to grow in years to come. For now, however, entrepreneur Lee Rosen believes that this information will help shape the career path of many individuals who work in Boca.

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South Florida Businessman Lee S. Rosen: Most Affordable Places To Live Near Miami

Popular for its extraordinary beaches, vibrant nightlife, and diverse mix of cultures, Miami is one of the places a lot of people want to visit and, maybe, call home. Along with these exciting things, however, Miami is notorious for its high-cost of living. What a lot of people don’t realize is that near this beautiful city are places where one can relocate without breaking the bank.

Instead of settling downtown, neighborhoods near Miami can still offer the best of what it has to give, says Miami businessman Lee S. Rosen. Below are some affordable places you can choose to live regarding sale prices and real estate rental.


The most recent listing for Lauderhill’s median income is at $37,074 and, already, one can enjoy an active community, with lots of training camps and sports leagues for children.

Lauderhill’s cost of living is also below the national average, which is a rare trait considering it’s within the Miami area. What most people love about this place is the effort that the city exerts when it comes to outdoor living. The city is home to a variety of restaurants and recreational facilities, including more than 20 public parks.

Hialeah Gardens

The close proximity of Hialeah Gardens to the Palmetto Expressway and Okeechobee Road make the place accessible and easy to commute to. This is also the reason why plenty of businesses have opened in the area.

Hialeah Gardens is so close to Miami but, over the years, it has separated itself from the huge city and stood out on its own because of the new additions, including three new schools. “It’s interesting to see how the city will develop in the years to come and rise to become one of Miami-Dade’s most livable cities,” notes Lee Rosen.

West Park

West Park is situated just north of Miami-Dade, making it an ideal place to call home because of how easy commuting is to Miami. It’s a Miami suburb that has gained a reputation for its high rental fees, but purchasing a property in the West Park isn’t really that expensive.

The City of West Park and its residents enjoy a low cost of living, with the average home value of $113,000. Living in this newly created city allows one to enjoy the famous Florida weather, without having to partake in the business of the big city itself.

Liberty City

Over 90% of Liberty City’s residents are African Americans, the reason why it holds an annual Martin Luther King Jr. Day parade. A testament to the livability of this city is the moniker “Model City” given by the local government of Miami, a title it has held for decades now.

Despite experiencing a growth in residents, Liberty City’s cost of living remains affordable, and rental prices are sure not to break a bank averaging in $680 for a single bedroom apartment.


Prices of homes in Davie might come off as expensive to most people who don’t live there, but that’s because residents of this town enjoy a high income. It is the most populous municipality tagged as a ″town” in Florida, home to almost 100,000 residents.

Apart from the huge town’s local attractions and vibrant nightlife, Davie has an excellent public school system and private schools. There lie eight college campuses, including a UF branch, Florida Atlantic, and Nova Southeastern University.


“If can’t handle Miami’s intense traffic situation, you ought to move to ‘Brown Sub,’ which shares lifestyle similarities with the big city minus the heavy traffic,” says Lee Rosen.

Brownsville is home to around 13,000 people, with a majority of its residents in their late 20s or early 30s. It’s a great place to start a career, including those who want to improve their social life or perhaps start a relationship. A single bedroom in Brownsville costs $620 only, so starting a new life there won’t be too heavy on the budget.

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Financial Tips For New Business Owners In South Florida

As a new business owner, however, you can’t help but worry about the financial aspect of your business. What if people don’t come in? What if my steady stream of work suddenly dries up? Questions like these may pop up once in a while, but it’s a natural feeling. Instead of binge-worrying, look into the tips below to manage your finances.

1. Automate Your Business Accounting

Automated accounting isn’t only for huge businesses. Small- and medium-sized businesses can also benefit from it. If your business is fairly new and you haven’t hired an accountant yet, look into some systems that are user-friendly that even non-accountants can understand and use. This will put your business in a better position because reports are generated faster by software programs. By the time you get an accountant, he/she won’t have a hard time coping.

2. Educate Yourself with Applicable Laws

As a business owner, it’s important you know about laws that you’ll be required to follow. This may include employment laws, unemployment insurance, workers compensation laws, Occupational Safety and Health (OSHA) regulations, etc.

This will ensure that your business is safe and you won’t have problems regarding tax filings, safety regulations, overtime, working hours, hiring and firing, among many others. “It’s better to acquaint yourself with these laws in the early stages of your business,” long-time Miami businessman Lee Rosen says. If you’re unsure of something, get the help of a business attorney.

3. Your Business and Personal Banking Accounts Should be Different

While this advice may seem mandatory or given, you’d be surprised at how many business owners started out using their personal bank accounts. This is perfectly understandable when one is merely starting out, but as you see your business getting bigger, make sure to open a business banking account. Don’t ever mix your personal account with your business so you can keep track of your finances better.

4. Get In Touch with the State Government

Once you’ve decided to open a business in South Florida, set an appointment with the Office of the Secretary of State to know what forms need to be filed. According to Lee Rosen, you’ll need to register to withhold and submit income taxes if you have employees, as well as licenses from your city or town or the state. If your business involves selling products, make sure to get a vendor’s license.

5. Know Your Strengths

Business owners often do the mistake of trying to exceed at everything. Growth and expansion are fulfilling, but both need to be sustainable. You should find out what areas your business excels in and what your limitations are.

You should prioritize building your core strengths instead of wasting time and money on activities that don’t help your business at all. You should also work to develop a good relationship with your employees and the people who help your business to be profitable.

On a final note, Lee S. Rosen says that identifying business trends is also crucial. Find

out which months you’re likely to have slow revenue so you can prepare for it. A backup plan is necessary to help keep your business survive despite the slow growth that it’s temporarily experiencing. With hard work and a bit of luck, you can overcome challenges and take steps toward future growth.

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6 Things You Need To Know Before Buying An Apartment In Miami Beach

A Miami apartment screams prime real estate and, according to Miami entrepreneur Lee S. Rosen, it can. Before looking into the hip apartments of Miami Beach, it’s important to get to know what the place can offer you, and how you can benefit from it.

1. The Food is Amazing

While there are a lot of expensive tourist traps in Miami Beach, you’ll be happy to know that there are loads of affordable food trucks, cafes, and restaurants, too. Miami is mostly known for its vast selection of Cuban food, so if you want a taste of what Latin America has to offer, living there might just suit you.

The city is also known for its wide range of tropical fruits and, guess what, most of them are budget-friendly. Love mangoes? Your first mango season in Miami should be delightful.

2. One Realtor is Enough

Some other cities might force you to have two or more realtors. However, in Miami, you only need one to assist you with your real estate decisions. “It’s smart to stick to one realtor as your only partner during the whole process of buying an apartment in Miami,” advises Lee Rosen. If you’re a serious buyer, make sure to share your desires and all the necessary details with your realtor so he/she can find a place that meet your goals.

3. Flooding Could be a Problem

Miami is either too hot or too wet — that’s pretty much it. Sunny days may not bother you much, but the hurricane season could be problematic. And when there’s heavy rain and thunderstorms, flood is to be expected, although not in all areas. Some parts of Miami Beach are susceptible to flooding because they’re on the beach, obviously. When choosing real estate, know what the best options are and if the area has a flooding problem.

4. You’ll Love the Art Scene

Art Basel, an international art fair showcasing contemporary artworks by professional and new artists, has embedded the city’s name as an artistic destination. Miami’s Design District is a major attraction, as well. There you will see quite a creative neighborhood displaying the city’s adoration for art, design, and architecture. Art installations of different kinds are displayed in the district’s shopping stores, restaurants, and entertainment venues.

5. Parking Spaces are Limited

It’s a norm for Miami Beach apartment residents to rely on street parking because some apartments do not have their own lot. If you really need a space of your own, find an apartment that has its own garage and make sure there aren’t a lot of occupants with cars either.

Lots of lovely apartments do not have a parking space, but if you don’t mind having to part on the streets at night, it’s worth the risk, especially if you’re already comfortable with how the apartment is set up.

6. You’ll Soon Speak Spanish

The Latino culture is strong in Miami, making it a city full of bilinguals. If you’ve only spoken English before, it won’t take long before you learn a handful of Spanish words since basically everyone around you uses it. Miami has one of the highest immigrant populations in the U.S., so you’ll often hear Spanish being spoken on the street, shops, bars, restaurants, and offices. You may not learn the expanse of the language, but you’ll be able to spit out a few Español words all right.

“Buying an apartment in Miami Beach at the right price is key to staying afloat no matter what the economic conditions will look like in the future,” Lee Rosen notes. In the end, your readiness will determine if it’s time to find a new place or not.

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