How to create a winning business plan

If you are creating a short business plan to enter in the Miami Herald Business Plan Challenge or to send to an investor, how do you make your plan stand out from the pack?With the March 11 deadline for the Challenge looming, our judges, all very experienced in business planning and capital-raising, have some advice for you on writing a plan, whether you are starting your...

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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,...

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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...

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Drivers line up for $2.27 gas at the Finish Line in Sweetwater

Hundreds of cars were backed up for more than four blocks waiting for gas Wednesday at the Finish Line in Sweetwater.Drawing the crowd: a special promotion at the gas station and convenience store on 109th Avenue and West Flagler Street. Drivers started lining up at 5 a.m. to pay a cash price of $2.27 per gallon, close to a 50 percent savings. The promotion...

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Univision bumps NBC into fifth place

A failing NBC has left Univision the fourth most popular network in the United States — at least for now.The latest ratings from the February “sweeps” race — a milestone moment for network ratings in the television business — had NBC fall behind its Spanish-language rival. The Doral-based network finished the sweeps period with a viewership that amounted to 1.5 percent of...

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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...

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South Florida hospitals could lose $368 million from sequestration

A detailed survey shows that South Florida hospitals could lose $368 million over 10 years in federal budget cuts starting next Friday, if the sequestration program kicks in as scheduled.The Florida Hospital Association, using data from the American Hospital Association, estimates that over the next decade, sequestration would cause Miami-Dade hospitals to lose $223.9 million...

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National Hotel nears end of long renovation

A panel of frosted glass puts everything in perspective for Delphine Dray as she oversees a years-long, multi-million dollar renovation project at the National Hotel on Miami Beach.“Chez Claude and Simone,” says the piece of glass stationed between the lobby and restaurant, a reference to Dray’s parents, who bought the hotel in 2007. “Every time I am exhausted and I pass...

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Broward’s existing home sales, prices rose again in January

The median price of an existing single-family home in Broward County jumped 24.5 percent to $224,088 in January from a year earlier, according to the Greater Fort Lauderdale Realtors. The median price of a condominium or townhouse in Broward increased 26.5 percent to $94,900 in January from a year earlier. Sales of single-family-home in Broward increased 15.3 percent in January...

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Health Foundation gives $1.8 million

Health Foundation of South Florida announced Tuesday the awarding of grants worth a total of $1.8 million to 21 organizations.Among the awards in Miami-Dade were $197,000 to the Miami-Dade County Health Department, $200,000 to Open Door Health Center, and $107,000 to the University of Miami. Other Dade grants included $20,000 to the Banyan Community Health Center, $45,000...

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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...

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NBA’s best player (LeBron James) isn’t best-paid

HOUSTON -- When LeBron James walks onto the court for Houston’s NBA All-Star Game Sunday, he’ll do so as the undisputed king of his sport.Named the league’s most valuable player three times in the past four years, James is once again dominating the NBA and most likely headed for his fourth MVP award — two fewer than Michael Jordan — with presumably a long career still ahead.But...

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Marshals seize Hollywood firm’s diet supplements

U.S. Marshals have seized tainted dietary supplements from Globe All Wellness, a Hollywood company, because Food and Drug Administration investigators found the materials contained a dangerous drug, the FDA said.“Several of the seized products contain sibutramine hydrochloride, ... the active ingredient in the obesity drug Meridia,” the FDA said in a press release issued...

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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...

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U.S. Century to OK details of new deal

U.S. Century Bank is expected to sign off on Monday on its letter of intent — the framework for a plan to recapitalize the bank.Under the deal, a local group of investors, led by Jimmy Tate of Tate Capital and Sergio Rok of Rok Enterprises, will bring in fresh capital and wipe out the Doral bank’s bad loans, while allowing it to operate independently.The investor group is...

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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....

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Mega mansion frenzy: Buyer snaps up Pat Riley’s $16M home to level it, rebuild

Miami Heat President Pat Riley sold his spectacular bayfront mansion in gated Gables Estates for $16.8 million last March.The 12,856-square-foot Mediterranean-style dream house at 180 Arvida Parkway has a theater, wine cellar, library, and a sprawling pool with waterfalls and an aqua bar.But that’s all coming down. Turns out the lure was the lot: a rare...

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IRS dealt a setback on tax preparer regulations

To help combat fraud by tax preparers, the Internal Revenue Service created the “Registered Tax Return Preparer” program. Then just before the tax season got under way, the agency was told by a federal judge that it doesn’t have the authority to regulate the hundreds of thousands of tax preparers covered under the program.Although some tax-return preparers are licensed by...

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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...

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Miami startup that turns text to video receives $1 million in seed funding

Guide, a new technology startup based in Miami, announced Tuesday it has closed a $1 million round of seed funding from investors including the John S. and James L. Knight Foundation, Sapient Corp., MTV founder Bob Pitman, actor and producer Omar Epps, and early Google employee Steve Schimmel. The Knight Foundation is supporting Guide through its new early-stage venture...

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