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 and business brands.

During our finance panel, audience volunteers will be invited to explain their financing needs to the group. During our box-lunch session, they will be invited to pitch their business or personal brand to our coaches.

Those who prefer just to listen will be treated to a keynote address by Alberto Perlman, co-founder of the global fitness craze Zumba. Panels include success stories from the local entrepreneurs who founded Sedano’s, Jennifer’s Homemade and ReStockIt.com; finance tips from experts in small business loans, venture capital, angel investments and traditional bank loans; and insiders in the burgeoning South Florida tech start-up scene.

Plus, it’s a real bargain. $25 includes the half-day seminar, continental breakfast and a box lunch.

Register here.

Program

8 a.m.

Registration and continental breakfast, provided by Bill Hansen Catering

8:30 a.m. Welcome

Host: David Suarez, president and CEO, Interactive Training Solutions, LLC

•  Jerry Haar, PhD, associate dean & director, FIU Eugenio Pino and Family Global

Entrepreneurship Center

•  Alice Horn, executive director, Network for Teaching Entrepreneurship (NFTE South Florida)

•  Jane Wooldridge, Business editor, The Miami Herald

Miami Herald Business Plan Challenge Overview:

•  Nancy Dahlberg, Business Plan Challenge coordinator, The Miami Herald

8:45 a.m. Session I – Success Stories

Moderator: Jerry Haar, PhD, associate dean & director, FIU Eugenio Pino and Family Global

Entrepreneurship Center

Speakers:

•  Jennifer Behar, founder, Jennifer’s Homemade

•  Matt Kuttler, co-president of ReStockIt.com

•  Javier Herrán, chief marketing officer, Sedano’s Supermarkets

10 a.m. Session II – All about Tech

Moderator: Jane Wooldridge, Business editor, The Miami Herald

Speakers

•  Susan Amat, founder, Launch Pad Tech

•  Nancy Borkowski, executive director, Health Management Programs, Chapman Graduate School of

Business, Florida International University

•  Chris Fleck, vice president of mobility solutions at Citrix and a director of the South Florida Tech Alliance

•  Charles Irizarry, co-founder and director of product architecture, Rokk3r Labs

11:15 a.m. Keynote

Speaker: Alberto Perlman, CEO and co-founder of Zumba® Fitness

Introduction: Jane Wooldridge, business editor, The Miami Herald

11:45 a.m. Session III – Show me the money: Financing your small business

An interactive session featuring audience volunteers who will be invited to make a short investment pitch before a panel, including experts in microlending, SBA loans, traditional bank loans, venture capital and angel investing. Audience volunteers should come prepared with a two-minute presentation that includes details about current backing, how much money they are seeking and a brief synosis of ow that money would be used.

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Little Havana families stuck in crumbling condos

The owners of condominiums in the Havana Palms complex in Little Havana feel as if they are living aboard the Titanic. Everything is sinking.

“We’re afraid to walk in our own living rooms, to step into the bathroom, to gain weight, because our floors sink deeper every day,” said Mario Pineda, 53.

At the peak of the real estate bubble, between 2006 and 2009, about 20 neighbors bought condominiums in the renovated complex in the 900 block of Southwest Second Street. Some paid almost $190,000 — a fair price, they believed, for a piece of the American Dream.

From the outside, the condos looked lovely. Inside, there were tile floors, freshly painted walls and newly appointed bathrooms.

But there were problems.

Several neighbors said that they noticed cracks in their walls shortly after they moved in, and said the cracks seemed to have been covered up with plaster.

As time passed, cracks in the walls of Andrés Sergio Alvarez’s condo spread from the floor to the ceiling.

His neighbor, Juana Blandón, said she fears her bathroom will collapse because the floor is cracked right down the middle. She has her bathtub propped up with a pair of wooden planks.

Mario and Genny Pineda live in terror because their apartment is on the second floor. They avoid walking in the middle of the living room because the floor tiles are loose and sink with every step.

Over time, the problems got worse.

On Jan. 10, the Reyna and Jesús Garcia’s living room floor collapsed. The family, with two teenage daughters, has since moved to a rental apartment.

“Luckily, that happened at midnight, so nobody was hurt,” said Reyna García as she pointed to the rotten floor boards in the middle of the living room.

Not long after, the city of Miami declared the buildings a danger to the community. Municipal inspectors told the homeowners they had 30 days to make the repairs necessary to comply with the city codes.

“The building is uninhabitable,” said Mariano Fernández, director of the Department of Construction. “There are structural problems and health problems.”

The company that sold the condominiums was Montara Land V LLC, formed in May 2005 by lawyer Anibal Duarte-Viera and real estate agent Gabriel de la Campa. Miami-Dade County records indicate that Montara Land V borrowed $2.775 million to buy the complex, which was built in 1946.

“We bought that property as investors,” Duarte-Viera said.

By October 2006, Montara Land V had converted the apartments into condominiums under the name Havana Palms, and put them up for sale. Duarte-Viera said he had hired a company to manage the building and remembers doing some repairs, though he could not give details.

The condominiums’ buyers aspired to a typical middle-class life. They remember the big red signs outside the complex, announcing the possibility of obtaining financing through Miami-Dade County and the city of Miami.

Some received a loan from the county; others, a subsidy from the city for new property owners who will remain in their homes for several years.

“Everybody was excited at seeing this pretty place, one that we could buy with the help of the government,” said Reyna García, 39.

The new homeowners had to make monthly maintenance payments of $166 to $220. According to the homeowners, those payments were collected through Duarte-Viera’s and De la Campa’s company.

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Australian Actress Maia Mitchell's American TV Debut on 'Jessie'

Maia Mitchell has been starring in television series in her native Australia since 2006 but hasn't appeared on an American TV show until today! ETonline has your sneak peek at the popular Australian actress' U.S. TV debut on Jessie.

In her very first appearance on a U.S. TV series, Mitchell plays Australian actress "Shaylee Michaels" for whom the show's principal character, "Jessie" (Debby Ryan), plays a stunt double.

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As we see in the clip, the two hit it off right away and become good friends. However, things don't go as smoothly later on in the episode when Shaylee's boyfriend asks Jessie out on a date.

The 19-year-old actress from Lismore, Aus. began acting on the Australian children's sitcom Mortified at age 13 and worked on various other shows over the years. She most recently starred on the adventure series Castaway.

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Mitchell will follow up her exciting U.S. TV debut with a starring role on the upcoming ABC Family drama The Fosters, which is co-produced by Jennifer Lopez.

Take a sneak peek at Maia Mitchell's U.S. TV debut in the video above and check out the full episode tonight on Jessie at 8 p.m. on the Disney Channel.

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Burger King's fourth-quarter results top analysts' estimates

MIAMI — Burger King's fourth-quarter net income nearly doubled thanks in part to lower expenses and strengthening results in the US and Canada.

The hamburger chain's adjusted earnings and revenue topped Wall Street's expectations. Shares climbed more than 3 percent in premarket trading on Friday.

3G Capital, the private investment firm that owns a majority stake in the company, has been working to turnaround Burger King's business since purchasing it in 2010.

In addition to unveiling a major menu expansion and a celebrity-studded ad campaign last spring, 3G has been shifting to an entirely franchisee-owned model to cut down on overhead costs and boost profit margins

For the three months ended Dec. 31, Burger King earned $48.6 million, or 14 cents per share. That compares with $25 million, or 7 cents per share, a year earlier.

Removing realignment project costs and other items, earnings were 23 cents per share. Analysts polled by FactSet expected earnings of 15 cents per share.

Revenue fell 30 percent to $404.5 million from $580.6 million. This still topped Wall Street's estimate of $375.3 million.

Shares of Burger King gained 60 cents, or 3.6 percent, to $17.18 before the market open.

The Miami company also said that systemwide revenue at locations open at least a year climbed 2.7 percent in the quarter. This figure is a key gauge of a restaurant operator's health because it excludes results from stores recently opened or closed.

The performance was led by a 3.7 percent increase in the U.S. and Canada. Burger King said the results were helped by new menu items such as its chicken parmesan sandwich, Cinnabon Minibon rolls, and its holiday sweets menu, including sweet potato curly fries and gingerbread desserts. Limited time offers such as its 55th anniversary Whopper promotion also drove consumers to its restaurants, the company said.

Europe, the Middle East and Africa and Latin America and the Caribbean reported small gains in systemwide revenue at locations open at least a year, but the growth slowed from the prior-year period. The Asia Pacific region reported an increase of less than 1 percent, but it was an improvement from a year ago when it posted a 1.2 percent decline in the figure.

For the year, Burger King earned $117.7 million, or 33 cents per share. That's up from $88.1 million, or 25 cents per share, in the previous year. Annual revenue declined 16 percent to $1.97 billion from $2.34 billion.

Burger King Worldwide Inc. has more than 12,900 locations in 86 countries and territories.

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In Key West, women earn more than men

Key West is one of just four cities in the United States where the median income for women exceeds that of men, according to new data released by the U.S. Census Bureau.

The American Community Survey, which goes beyond population figures and analyzes comparative social, economic and educational data, found that nationwide, men older than 16 working full-time and year-round earn an average of $47,233.

The same group of women on average earns around 78 percent of that, $37,199.

But it's different in Key West; Sebring, Fla.,; Madera, Calif.; and Fort Payne, Ala., according to survey data from 2011, the most recent figures released.

In the Southernmost City, women on average earn $33,956 while men earn $31,716.

Tiffany Horton, director of sales at the Ocean Key Resort and Spa and formerly the revenue manager for the Marriot Beachside, pointed to Key West's hospitality-driven economy as an explanation.

"I think it's a great area of success for women because of their compassion and their motherly instinct," she said. "In hospitality, sales and the hotel industry, you have to relate to so many different people and understand different personalities and work with them."

In Sebring, total earnings for both groups are slightly less but women still out-earn men, taking in an average of $28,677 compared to $27,094.

Jodi Weinhofer, executive director of the Lodging Association of the Florida Keys and Key West, noted there are many high-level female executives and managers in Key West's hospitality industry, as well as numerous female guesthouse owners.

"I do think the hospitality industry is somewhat blind to men and women," she said. "In hospitality, it doesn't matter who you are. Across the board, it's all about performance."

Catherine Hill, director of research for the American Association of University Women, said of the comparative pay levels, "The big issue is what type of industries you have in that city."

"Every industry has its own drivers in terms of where you see higher wages, lower wages, more equality, and food service or hospitality is one of those," she said. "There's also such a thing as a culture. In some communities, you see a much more level playing field."

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Police: Security guard shoots man over loud music in Lauderdale Lakes

An off-duty security guard shot and killed a man at a Lauderdale Lakes apartment complex early Thursday after a confrontation over loud music, police said.

Two off-duty security guards approached a man sitting in his car in the parking lot at Whispering Pines, 4530 NW 36th St., because he was playing his music too loudly, said Keyla Concepcion, a spokeswoman for the Broward Sheriff’s Office.

After one of the security guards approached the man and asked him to turn down the music, the three got into a confrontation and one of the guards shot the man, she said.

When deputies arrived, the man was dead.

The guards were returning to the complex after a “night out,” Concepcion said.

Neither the victim nor the security guards have been identified.

This report will be updated as more information becomes available.

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Pucker Up: A-List Couples Kissing!

Pucker Up: A-List Couples Kissing!

By ENTERTAINMENT TONIGHT STAFF

February 14, 2013

Pucker up! While some Hollywood couples like to keep it cool in public, other twosomes love to love up each other for all to see! Take a look at the celeb duos who just cant keep their hands off each other: Gwen Stefani canoodling with Gavin Rossdale! Michael Douglas smooching Catherine Zeta-Jones! Mariah Carey laying a wet one on Nick Cannon! And many more! Check out all the past and present PDA-crazy couples caught lockin' lips! XOXO!

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Warren Buffett among investors buying Heinz for $23B

H.J. Heinz Co. says it agreed to be acquired by an investment group including billionaire investor Warren Buffett in a deal valued at $23 billion.

The ketchup company says it's the largest deal ever in the food industry. Heinz shareholders will receive $72.50 in cash for each share of common stock they own. The transaction value includes the assumption of Heinz's debt. Based on Heinz's number of shares outstanding, the deal is worth $23.3 billion excluding debt.

"It's our kind of company," Buffett said in an interview on CNBC, noting its signature ketchup has been around for more than a century. "I've sampled it many times."

REUTERS

Warren Buffett

In addition to its ketchup, Heinz makes Classico spaghetti sauces, Ore-Ida potatoes and Smart Ones frozen meals. Berkshire Hathaway and 3G Capital, the investment firm which also bought Burger King in 2010, say Heinz will remain headquartered in Pittsburgh.

Given the saturated North American market, Heinz has increasingly looked to emerging markets for growth. In its last quarter, the company said emerging markets made up 23 percent of sales.

The per-share price for the deal represents a 20 percent premium to Heinz's closing price of $60.48 on Wednesday. Heinz said the deal was unanimously approved by its board. Buffett said Berkshire will still have room to make more acquisitions, noting that the firm's businesses continually replenish its cash supply.

"Anytime we see a deal is attractive and it's our kind of business and we've got the money, I'm ready to go," Buffet said.

The deal is expected to close in the third quarter.

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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 than a year after the airline and its parent company filed for bankruptcy protection, leaving the fate of thousands of employees — and the largest carrier at Miami International Airport — in question.

According to the Thursday announcement, the deal was approved unanimously by the boards of both companies, creating the world’s biggest airline with implied market value of nearly $11 billion, based on the Wednesday closing price of US Airways stock. The airline will have close to 100,000 employees, 1,500 aircraft, $38.7 billion in combined revenue.

The deal must be approved by American’s bankruptcy judge and antitrust regulators, but no major hurdles are expected. The process is expected to take about six months, according to a letter sent to employees Thursday by American CEO Tom Horton.

Travelers won’t notice immediate changes. The new airline will be called American Airlines. It likely will be months before the frequent-flier programs are merged, and possibly years before the two airlines are fully combined. The new airline will be a member of the oneWorld airlines frequent flier alliance.

And for Miami travelers, it’s unlikely that much will change at any point. American and regional carrier American Eagle handled 68 percent of traffic at the airport last year, while US Airways accounted for just 2 percent. American boasts 328 flights to 114 destinations from Miami.

“We don’t expect any substantial changes at MIA if the merger occurs because our traffic is largely driven by the strength of the Miami market and not the airlines serving it,” said airport spokesman Greg Chin.

American has said for more than a year that its long-term plan calls for increasing departures at key hubs, including Miami, by 20 percent. That pledge has already started to materialize; in recent months, the airline has added new service to Asuncion, Paraguay and Roatán, Honduras.

During its bankruptcy restructuring, about 400 American employees lost jobs, leaving American and its regional carrier, American Eagle, with 9,894 employees in Miami-Dade County and 43 in Fort Lauderdale. US Airways has few employees in the area.

“It really isn’t going to affect Miami in a very major way anytime soon,” said Michael Boyd, an aviation consultant in Evergreen, Colo. “Only because US Airways isn’t a big player in South Florida.”

At Fort Lauderdale-Hollywood International Airport, American and US Airways combined would still only be the fifth-largest airline after Southwest, Spirit, JetBlue and Delta, a spokesman said. The two airlines have little overlap in routes from Fort Lauderdale.

Despite the lack of major changes, Boyd said the merger would be a good development for Miami.

“It should be positive for the employees and it should be positive for the communities that the airlines serve,” he said.

Robert Herbst, an independent airline analyst and consultant, said US Airways will add a “significant amount” of destinations in the Northeast, including Philadelphia and Washington, D.C.

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Key West’s ‘Scrub Club’ reportedly scrubbing debit cards of adult-entertainment clients

Key West has a long-held reputation as an anything-goes party town that tolerates -- and in many cases facilitates -- an array of bawdy pastimes.

A stroll down Duval Street yields strip clubs, clothing-optional bars and establishments catering to alternative lifestyles. But the Adult Entertainment Club, formerly and colloquially known as the Scrub Club, at 1221 Duval is different.

In the 765-day period between Jan. 1, 2011, and this past Feb. 4, Key West police logged 301 calls related to the Adult Entertainment Club -- that's a call every 2.5 days, a staggering number for an 800-square-foot place in a neighborhood otherwise populated by cafes, wine shops, boutiques and art galleries.

The main complaint: Unauthorized use of customers' debit or credit cards, often to the tune of thousands of dollars.

The club's website, signs and brochures offer scantily clad women available for "bachelor parties, fantasy and fetish shows, nude snorkeling, nude parasailing [and] divorce parties." It offers "free shuttle and 24/7 escort service."

But the voluminous police reports, along with a long trail of Internet posts, message-board threads and complaints with the Better Business Bureau of Southeast Florida and the Caribbean, paint a far different picture of what goes on inside. But barring specific complaints, the Key West Police Department has no plan to take a closer look.

The pattern is usually the same:

It's late at night and an intoxicated man steps inside, where he pays an entrance fee, usually more than $100. That begins a conversation with one of the female employees, described on the business website as "classy and sophisticated," leading to a private room.

From there, it's not clear what goes on other than the price goes up, the man supplies his debit card and personal identification number to the woman -- he's generally nude at this point -- and she leaves the room. Later on, the man notices unauthorized charges on his card and contacts police.

Case in point: On Feb. 4 around 2 a.m., a Russian tourist who told police "he had been drinking" went into the club and agreed to pay $100, according to a report prepared by Officer David Fraga.

"While in the club [the tourist] said he gave his ATM card to one of the employees along with his PIN." Four hours later, "He saw there was a total amount of about $2,500 charged on his card."

Fraga told the man to "go to the business and fill out a complaint form for the issue."

A few days earlier, on Jan. 31, a man from St. Johns, Fla., called police to report that on Jan. 26, when he was in town visiting, he went into the Adult Entertainment Club and "agreed to pay $200 with one of the females working on this date for sex," according to a report prepared by Officer Tricia Milliken.

He also said he agreed to tip the female $100 prior to the services being rendered and gave her his Visa debit card and PIN. He "stated he expected sex from the female and she would not give him what he expected, so he got dressed and left the establishment."

When he returned to St. Johns, he said he realized his card was charged $1,000, not $100. Milliken provided him with a case number.

Police spokeswoman Alyson Crean said the department has heard the Adult Entertainment Club is about more than just "entertainment," but that the department focuses its attention on higher-priority initiatives like dealing with aggressive vagrants drinking and panhandling on city streets, and quelling drug dealing.

"We do not get complaints of prostitution," she said via e-mail. "Certainly there are intimations and innuendoes that this activity may be occurring. That being said, without any complaints, there are other, higher priorities set by the community and by the department."

"Look at the issue of vagrancy and panhandling. A task force made up of business owners, residents and even the mayor has told the department that the community will not tolerate certain behaviors, and we have four quality-of-life officers dedicated to seeing that priority is addressed."

"Getting drug dealers off the streets is another issue that the community has made very clear is a top priority for our city. Same thing with reducing incidents of burglary. So in those terms, I would answer that there is no specific enforcement strategy for this business."

The city's Code Compliance Department has been more proactive, fining the business $500 last year after investigating offsite promotional and solicitation activity. Basically, club employees would park their advertisement-emblazoned vehicle in other parts of Old Town and hand out brochures for the business in violation of code.

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