4-year-old running and fitness retail shop servicing Orlando’s runners, cyclists and triathletes. Interested in selling your business in Central or West Coast Florida? Contact us today to learn more about our free valuation services. Know where your business stands before going to market to command a higher sales price. Ring us at 407-367-0100.
Florida is among one of the top ten states for Entrepreneurship. Read more about the breakdown:
December 1st, 2009
Florida is among the top 10 most entrepreneur-friendly states, according to the Small Business & Entrepreneurship Council’s 14th annual rankings.
Among the factors measured by the index: taxes, regulatory costs, government spending, property rights, health care and energy costs.
Florida ranked sixth in the study, after South Dakota, Nevada, Texas, Wyoming and Washington. The rest of the top 10 included South Carolina, Colorado, Alabama and Virginia.
Click here to see the original article.
The bottom five on this year’s rankings included Vermont, New York, California, New Jersey and the District of Columbia.
“Policy matters,” said SBE Council chief economist Raymond Keating, author of the study. “The index gets at the public policy costs and trends that affect — directly or indirectly — entrepreneurship and small businesses. If we want to get our economy back on a solid, robust growth track, then we need pro-entrepreneur policies at the federal, state and local levels.”
Among Florida’s best scores:
• A tie for No. 1 on best top personal income tax rates
• A tie for No. 1 on best individual capital gains tax rates
• No. 4 on adjusted unemployment taxes
Among the worst scores:
• No. 43 on sales, gross receipts and excise taxes as a share of personal income
• No. 49 on crime rate
The metro Orlando region, which has consistently ranked high for its entrepreneurial business climate, is slated to get additional help from the Florida Economic Gardening Institute.
The Orlando-based institute’s new GrowFL program will focus on helping hundreds of businesses around the state expand.
So-called second-stage companies — businesses with 10 to 50 employees and $1 million to $25 million in revenue — would receive technical assistance and information in a variety of areas at no cost.
The institute estimates that 8 percent of businesses statewide fit the profile.
Recently, Jessica sat with Eye on Worldwide to talk about investing in businesses relocation purposes. Click here to hear the interview and learn more about how your business broker works with you and your immigration attorney to find the right business opportunities.
EyeonWorldwide.com is a leading site offering overseas travel, relocation and investing advice.
Or, starting from the beginning, what is a business broker?
A business broker is a trained intermediary who assists sellers and buyers of businesses in the transfer of ownership. They help people buy and sell businesses. Transactions generally involves small businesses ranging from “Mom & Pop” shops to franchises and chains, and service a variety of industries, including retail stores, bars & restaurants, automotive and manufacturing businesses.
The industry is relatively small to compared to other trades such as real estate. There are several thousand real estate agents in Central Florida, however only about 1,000 business brokers and intermediaries throughout the entire state.
And whilst most brokers are competent to mediate the sale of many types of businesses, several practioners have further developed niche markets. Some brokers concentrate on the sale of petrol stations, while others prefer to work with manufacturers, printing companies or restaurants, for example.
My particular area of expertise includes work with both Americans and foreign national buyers who are seeking business opportunities for not only investment purposes, but to also meet criteria established by the U.S. Embassy in applying for a visa to the US.
Common associations that brokers are members of include the International Business Brokers Association (IBBA), as well as state organizations. In the state of Florida, I am a member of both the Business Brokers of Florida (BBF) and the IBBA. In addition to business brokerage designations, I am also a Florida-licensed real estate broker, Arizona-licensed real estate associate, Florida Notary Public and member of both the Orlando Economic Development Commission and the British Chamber of Commerce.
