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South Florida Manufacturing Will Be a Powerful Force When…

Local manufacturers shared their insights on the future of South Florida’s manufacturing industry this week during the first of five exclusive roundtable lunches with a renowned broadcast journalist. “Kaufman, Rossin Presents: Power Lunch with Tom Hudson” offers South Florida CEOs and industry experts an opportunity to discuss trends and concerns in manufacturing, healthcare/life sciences, real estate, the investment industry and technology.

These roundtables are offered in conjunction with our sponsorship of The Sunshine Economy, a new series of one-hour WLRN radio broadcasts that are hosted by Hudson and that examine key drivers of the South Florida economy. You can catch the show on 91.3 FM on Mondays at 9 a.m. and again at 7 p.m.

This week’s manufacturing roundtable centered around a fill-in-the-blank statement: “The South Florida manufacturing industry will be a powerful force in our economy when ______________.”

Guests shared concerns about the challenge of finding qualified, well-trained workers for certain positions and the need for local community colleges and technical institutes to partner with businesses to ensure that graduates are leaving school with the right training – including language skills. Donna Bean, Human Resources Director at Bolton Medical, said her company paid for one year of English classes for its employees because it has had a difficult time finding well-qualified production employees who are fluent in English.

Another topic of concern was logistics. Leslie Kaplan, co-founder of Ready. Set. Cupcake!, said food distributors and transporters are not used to picking up goods in Florida; they usually drop off food products here instead. As a result, they tend to charge more to transport food products out of the state than to bring them in – a challenge for a company like hers, which relies on distributors to take her product to grocery stores and other buyers far and wide.

You can watch videos and view photos of the manufacturing roundtable on YouTube and Flickr, and keep an eye on our blog for highlights from the next power lunch, which will focus on healthcare. We welcome you to join the discussion online and keep the conversation going on Twitter by following @KaufmanRossin and @WLRN and using hashtag #SunshineEconomy. Let us know what you think of the radio show and the lunch series!

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Kaufman, Rossin-Sponsored WLRN Radio Show Takes on Healthcare Industry

The second episode of The Sunshine Economy aired this morning on WLRN Public Radio, sponsored by Kaufman, Rossin & Co., and titled “Diagnosis: Healthcare.”
Janet Altman, marketing principal of Kaufman, Rossin & Co.
Host Tom Hudson highlighted the changes in the South Florida’s healthcare market, including the industry’s decreasing employment, the impact of the Patient Protection and Affordable Care Act (ACA) and the wide price differences among hospitals for the same procedures.

Guests included the CEOs of two hospital groups, Brian Keeley of Baptist Health and Steve Sonenreich of Mount Sinai Medical Center, and the conversation with them focused on transparency in hospital pricing.  In a news-making moment, Mr. Sonenreich committed to post the prices that Mount Sinai charges, and challenged others to provide pricing and qualitative data for the public to compare.

In addition, Florida Blue CEO Pat Geraghty participated in a discussion about the Florida insurance market and the future reforms under Obamacare, and Maurice Ferre, CEO of MAKO Surgical, discussed trends in advanced health care product manufacturing.

The Sunshine Economy series broadcasts Mondays at 9 a.m., with a second chance to listen at 7 p.m., or online.  Next week the program tackles the local real estate industry, including perspectives on commercial and residential markets, a tour of a high-profile construction site and an interview with Bank United CEO John Kanas about real estate lending.

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Janet Kyle Altman is marketing principal for Kaufman, Rossin & Co., one of the top CPA firms in Florida. She serves as a board member for the Women’s Fund of Miami-Dade and as a board member and immediate past chair for Friends of WLRN. Janet can be reached at jaltman@kaufmanrossin.com.

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Kaufman, Rossin Sponsors Tom Hudson Radio Show on WLRN

Radio broadcaster Tom Hudson of WLRN in Miami

WLRN special correspondent Tom Hudson hosts a new weekly radio series about South Florida called “The Sunshine Economy.”

If you are a WLRN listener, you may have heard the first episode of a new series, “The Sunshine Economy,” this morning. Renowned broadcaster and anchor Tom Hudson is hosting a series of one-hour radio shows that examine key drivers of the South Florida economy.  Kaufman, Rossin & Co. is proud to be the exclusive sponsor of the first six episodes of this program, which airs Mondays in May and June at 9 a.m., with a repeat broadcast at 7 p.m. 

Today’s show explores the economic ties between Miami and Latin America, including Brazil as an increasingly important emerging market economy, U.S.-Colombia relations, the Drug War, the Cuba trade embargo, post-Chavez Venezuela and China’s rising influence in Latin America.

Kaufman, Rossin will also be hosting five exclusive roundtable lunches with Tom Hudson, where South Florida CEOs and industry experts will discuss trends and concerns in manufacturing, healthcare/life sciences, real estate, the investment industry and technology.

We welcome you to be a part of the discussion online. Let us know your thoughts about the program by commenting on our blog, and keep the conversation going on Twitter by following @KaufmanRossin and @WLRN and using hashtag #SunshineEconomy.

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Janet Kyle Altman is marketing principal for Kaufman, Rossin & Co., one of the top CPA firms in Florida. She serves as a board member for the Women’s Fund of Miami-Dade and as a board member and immediate past chair for Friends of WLRN. Janet can be reached at jaltman@kaufmanrossin.com.

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Florida Companies Must File 2013 Annual Report by May 1

Carlos Somoza, J.D., of Kaufman, Rossin in Miami

Annual reports for Florida corporations, limited liability companies and partnerships are due on May 1, 2013. If you submit your company’s annual report after this date, you will be required to pay a $400 late fee. The only exception is for non-profit corporations; all other business entities will be subject to the late filing fee after May 1st – even if the business did not receive an annual report filing notice.

If a company does not file its annual report by the third Friday of September, the Florida Department of State – Division of Corporations will dissolve or revoke the business entity from its records.  Please note this is not a tax-related filing, so an income tax extension will not extend the period to file this legal report.

You can search to see if an entity has filed its 2013 annual report at the following Florida Division of Corporations website: http://sunbiz.org/search.html

If you have any questions about filing your company’s annual report, please contact me or one of our other professionals.

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Carlos A. Somoza, J.D., LL.M., is an international tax principal in Kaufman, Rossin’s Miami office. Kaufman, Rossin & Co. is one of the top CPA firms in the country. He can be reached at csomoza@kaufmanrossin.com.

 

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Free Seminar: Going Global Through Exporting

Ralph MacNamara of Kaufman, Rossin & Co.Many growing U.S. businesses will eventually look overseas for new markets. This is especially true in Miami, “The Gateway to the Americas,” with its easy access to business centers in Central America, South America, and the Caribbean.

This Friday, April 26th, I will moderate a panel of international trade experts who will share key information and little-known strategies to help you launch or expand your exporting business.

Our panelists:

  • Eduardo Torres, Director, U.S. Department of Commerce
  • Dan Pische, AVP, First American Bank
  • Luis Arguello, President/CEO DemeTech Corp.

The panel will offer insight on export strategies, international market research, international business development, international sales strategies, trade finance and receivables insurance options, and a variety of federal, state and local resources.

Many small-to-medium-size businesses don’t take advantage of the wealth of resources that are available to help them expand their global footprint. Most of these services are free or low-cost and can have a tremendous impact on your company’s bottom line.  Whether you are just getting started in international business or are an experienced exporter, there are several resources and organizations that can help you grow your company, including:

  • U.S. Small Business Adminstration (SBA) – SBA helps businesses “start, grow and compete in global markets by providing quality training, counseling and access to resources.” Contact your local SBA office to learn about available assistance and programs, including SCORE and Small Business Development Centers.
  • The Department of Commerce’s International Trade Administration (ITA) – ITA promotes trade and investment, working to “improve the global business environment and help U.S. organizations compete at home and abroad.” ITA offers free webinars and many other resources; call 1-800-USA-TRADE (872-8723) or contact your local U.S. Commercial Service office to learn more.
  • Enterprise Florida: The official economic development organization of the state of Florida offers export counseling to Florida manufacturers and services companies, target sector trade grants, exporting marketing plans and more.

Join us at our office this Friday for Kaufman, Rossin Presents: Going Global Through Exporting to learn more about how you can grow your sales overseas. Breakfast will be served at this free event. Please RSVP if you would like to attend. I hope to see you there!

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Ralph MacNamara is the chairman of the Florida District Export Council and a director of advisory services in Kaufman, Rossin’s Miami office. Kaufman, Rossin & Co. is one of the top CPA firms in the country. He can be reached at rmacnamara@kaufmanrossn.com.