The Five Best Cities in Florida for Establishing Small Businesses – A Definitive Analysis by Serial Entrepreneur Eric J Dalius
Therefore,With more than 2.5 million small businesses in Florida. According,Eric J Dalius state with the fifth-largest economy in the U.S. is among the most attractive destinations for entrepreneurs in the nation. Business is very easy to do with low taxes an affordable cost of living. A high supply of skilled labor, and a booming economy. However, it can be difficult for entrepreneurs, especially those coming in from other states, to decide where to establish their startups. The analysis of the best places in Florida for establishing a small business:
Maitland, a suburb in northern Orlando is one of the most attractive small business destinations. The average business revenue generated is over $4.5 million. The city has more than 3,150 registered businesses. The National Entrepreneur Center, situated in Orlando offers entrepreneurs free business coaching on a one-on-one basis, facilitates loans and hosts seminars on entrepreneurship. However, Orlando is also home to Business Development Center of the University of Central Florida that offers entrepreneurs free business consultancy while the Business Incubation Program offers diverse resources like workshops, consultancy, legal advice, as well as office space for businesses in their nascent stages.
Barely 15 miles away from Miami, Doral is a hub of business activities centered around tourism, finance, logistics, and trade. All facilitated by the proximity of the Miami seaport. The average revenue of the11,484 registered businesses is more than $3.1 million testifying to the business-friendly climate of the city. Entrepreneurs and small business owners can access the resources available at Florida International University’s Small Business Development Center in Miami, says EJ Dalius.
Naples, an Attractive Destination for Tourism-Based Businesses, Says Eric Dalius
More famous for its sandy beaches, expansive golf courses, and top-of-the-line shopping, Naples is also a thriving business hub. The city is home to 10,093 registered businesses that averagely record sales of $561,132. The large number of tourists that descend on Naples helps to sustain the economy to a very large degree. While entrepreneurs have the benefit of accessing Florida Gulf Coast University’s Business Development Center for free consulting services,local retailers the Fifth Avenue South Business Improvement District the hospitality industry are assisted.
Therefor Entrepreneurs can also consider Palatka, a small town located in northern Florida between Jacksonville and Orlando. At $618 per month, the city has the lowest median housing cost in the state. Also, The average revenue posted by the 1,376 businesses is $2,186,528. The University of North Florida’s Small Business Development Center offers free consultancy and encouragement to local entrepreneurs.
The final entry in the list of best places for businesses in Florida,Sebring has 1,447 businesses registered in the city. Located 130 miles distant from both Orlando and Tampa in the center of Florida, the town’s economy is largely dependent on agriculture with the most flourishing sectors being citrus fruits, beef, and dairy, according to Sebringflchamber.com.
The business success story that one can observe in the above five examples continues across many other destinations in Florida. However, these cities tend to do well because of a liberated economic climate. The easy availability of skilled human resources, and significant entrepreneurial opportunities.