With more than 2.4 million small businesses in Florida alone, Sunshine State shines in American businesses. If you're lucky enough to be a Florida native looking to start a small business or plan to move there to fulfill your business dreams, read on and learn about the 15 best ideas for small businesses in Florida. The good news is that people live longer, and Florida is just one of those places where many people plan to spend their golden years. That said, there are a number of opportunities to enter this market and provide support and services to older people, including transportation, shopping, and even private nurses and healthcare.
The fact is that 27.3 percent of Floridians are over 55, so starting a small business to meet the needs of older adults can prove to be a more money-making business in Florida. According to the Florida Department of Business and Professional Services, there are 455,377 hotel and motel rooms in the state (as of May 2020). In addition, 6.6 million people rented their homes to travelers visiting Florida during their vacations. This alone offers enough reasons why a cleaning business would be a good idea for the Sunshine State.
As mentioned above, Florida is a vacation destination for more than 100 million Americans each year, and not everyone may be interested in having Disney on their itinerary. Surrounded by water on three sides and rich in natural beauty, personalized tours can attract a fair share of business. Think fishing trips, scuba diving trips, airboats in the Everglades, day trips to Key West and shopping tours in Miami. Florida ranks fourth among states with the most remote workers.
About 7 percent of the population is engaged in remote work, and many of these jobs are start-ups from home. Continuing the list of the top 15 companies to start in Florida, here are five key opportunities in home-based work. Remote learning is a word that many families got used to last year, and the convenience of this teaching method won't go away any time soon. While this need for computer teaching is a practice that occurs in every state, there are additional opportunities in Florida where tutors can help with ESL (English as a Second Language) students.
More than 30 percent of Floridians speak languages other than English, a statistic that is 8 percent higher than the national average. Florida has no personal income tax, 5.5 percent corporate tax rate, or payroll taxes. That can change the rules of the game for a company that is just starting out or an established company looking to get out of a state with high taxes. Florida's infrastructure is an asset that cannot be overlooked.
The state is home to more than 130 airports for public use and 20 commercial airports. This wealth of airports “has given Florida the advantage we have in the aeronautical and aerospace manufacturing and maintenance industries,” Sowell says. What really sets Florida apart from other states, Sowell says, is that it's “the ideal place to work and live. In addition to good weather, Florida's cost of living is below that of other states with similar economic growth and immigration rates.
State analysts recently reported that Florida's population is expected to increase by an average of more than 303,000 residents per year. Demand for organic fruits, vegetables and dairy products is on the rise, and Florida has the perfect climate to start an organic farming business. In spring and summer, when the weather is better in the northern states, fewer tourists and snowbirds spend their time and money in Florida. Families from all over the country visit Florida every year to escape the cold weather and enjoy its warm waters.
These are just some of the reasons why global players, established companies and emerging startups have chosen to expand in Florida. The Florida Department of Economic Opportunity is a government agency that can help you recruit employees and find incentive programs and tax credits. There are no Florida laws that require employers to provide employees with severance pay if someone is terminated. Florida is the most business-friendly state in the country, according to a new Wallethub report that determined the best large cities to start a business, placing four cities in Florida Orlando, Miami, Jacksonville and Tampa in the top ten.
Goldberg earned a degree in finance from the University of Central Florida and worked for 20 years in government contracting at Kennedy Space Center before moving to Suwanee, Georgia, to work at General Dynamics. Florida Governor and Legislature Support Innovative Public Policy to Encourage New Product Research and Development, Sowell Says. Finally, South Florida's proximity to Central and South America and the Caribbean makes it an international business center. Add to that the beautiful weather, the growing economy, and the opportunity to leave behind the winter shelter, it's no wonder that Florida is a popular destination to visit and even move and start a business.
To start a business in Florida, you must first consult with the State Department of Business Professional Regulations %26 and your county tax collector to determine if your business requires a license. Florida is ready to welcome you with the talented workforce, world-class infrastructure, global connectivity and quality of life your business needs. To learn more about the process of creating a business in Florida, visit the state's Division of Library and Information Services website. .
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