Grow Your Business and Grow Your Wealth

Episode 296: How Business Improvement Districts Help Small Businesses Grow


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What does it take to transform a neighborhood into a thriving business community?

On Grow Your Business and Grow Your Wealth, Gary Heldt sits down with Mark Burns, Executive Director of the Coconut Grove Business Improvement District. Mark draws on more than 20 years of experience in real estate leasing, government property management, and community revitalization to explain how small businesses can tap into local resources, avoid costly leasing mistakes, and position themselves for long-term success.
From negotiating city-owned properties to managing major Miami capital projects, Mark has seen it all. His insider perspective gives business owners a clear understanding of how government works, how Business Improvement Districts operate, and how to use these resources to grow stronger, smarter, and more sustainably. This conversation is packed with real strategy, clear examples, and lessons every business owner should hear.
Key Takeaways
→ Why Business Improvement Districts give small businesses more power than acting alone
→ How Coconut Grove was revitalized into one of Miami’s most desirable neighborhoods
→ The most significant mistakes business owners make when signing leases
→ Why business owners miss out on grants and free resources
→ How long-term planning protects businesses from future economic swings
→ How entrepreneurs can build influence and gain a board seat in their district
Featured Quote from Mark Burns
“The people who step out of their routine are the ones who succeed.”
To learn more about Coconut Grove’s Business Improvement District or to connect with Mark, visit CoconutGrove.com.

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Grow Your Business and Grow Your WealthBy Gary Heldt

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