Francisco Cabbani is Argentine and left the country in 2005 with just 19 years."I made the decision not to study and start working. My father was already in Miami since 2001 and I went to work with him," he tells iprofesional."Miami was always my second home and that helped me adapt very fast."
In that first stage, he had several businesses in the most important malls in Florida, such as the Sawgrass Mills, the Miami International Mall and the iconic Dolphin Mall.
Then, in 2014, he returned to Buenos Aires.At that time, she kept his place in Miami, but also wanted to invest in her country."I imported clothing when the dollar was $ 16 pesos and once I received the product, the dollar was at $ 45 pesos. My imported product ceased to be competitive in the Argentine market."
That was the main reason why he decided to pause his projects in Argentina and a few months before the pandemic the young man again emigrated to the United States, where Mikino currently has and plans to open three more in Florida before 2023 and develop the ecommerce."Working in our family business for 5 years made me earn a lot of experience and in 2010 I made the decision to open my own business."
According to the Mikino concept, it arose after analyzing the fashion that predominated in Miami's nightlife."Over the years, we were adapting the concept to this niche market. The product and personalized attention are the pillars of our business. Our product is distinguished by its added value, since all garments have some detail of stones, studs, pearls, prints. Regarding attention, we offer a personalized service as seen in the first world fashion brands. "
"In the United States the rules of the game are clear and ordered. Taxes are paid and you see the results. In addition to the labor laws with respect to employees, they are beneficial for both sides," says Francisco."The main difference with Argentina is that: order, predictability and labor laws that favor both employee and employer."
And follow: "Commercial businesses in Argentina are mostly financial business and this depends a lot on how the country is at all, its currency, politicians in command. In the United States, however, the success of medium and smallCommercial companies depends exclusively on the work done on a day to day. In my timely case, put together a good collection, have a good team of vendors and administer the business in the proper way. That in Argentina is not enough, the external factors areAlways a great component of your business. "
In line with that, the businessman says that, in the United States, for example, a store of 150/250m2 with a good operation can have an annual turnover that exceeds 3 million dollars.Therefore, today all energy has it on Mikino.
The policy in Miami with respect to the pandemic was to close for a very short time, in addition to the granting by the Government of Aid so that consumption does not decide."I am optimistic that the end of the year will be excellent. That the United States loots the restrictions to enter the country is great news for the commercial item," says Cabbani.
However, says the entrepreneur, "to emigrate everyone has to do their own analysis.
Emigrating with capital to invest or an insured work would be my greatest recommendation because emigrating without plans could be a great headache. "
"I sacrificed being close to much of my family, but with Monday I think everything was positive and I always appreciate having made this decision," he continues."The United States has allowed me to grow in work and personally. I miss my family, but I have the possibility of traveling several times a year to see them. In addition, I have the illusion of one day to expand my business model in Argentina.I always leave an open door since I am Argentine and my whole family continues to live there. "
