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Florida becoming hot spot for small businesses

April 29, 2014

With a climate that is already the envy of the country, Florida is now becoming increasingly attractive–at least for small businesses. The Sunshine State boasts fewer business regulations, an unemployment rate well below the national average and a governor who is decidedly pro-business. In January, Governor Rick Scott presented his "It's Your Money Tax Cut Budget," which promises to return $500 million in taxes and fees to families and businesses. 

According to the latest findings of the PNC Economic Outlook survey, about 42 percent of business owners in Florida feel good about their own company's prospects during the next six months. This is significantly higher than the national average and double the amount of the previous survey six months ago.

Governor Scott believes that Florida is finally recovering from the financial crisis, and hopes that companies from tax-heavy states will relocate their business.  A Tax Foundation report found Florida among the top five most business friendly states, just edging out Nebraska and Colorado. 

The Tampa area in particular has experienced rapid growth in the technology sector. Consumer confidence is on the rise, and small businesses are looking forward to Governor Scott's proposed tax cuts.  On Point Executive Services are also available to help businesses of all sizes lower their overhead. 

The waterfront offices at On Point  are ideal for work-at-home professionals, business travelers, online businesses, virtual workers, or small business owners who are interested in reducing their overhead while still enjoying all the benefits of working in Florida. The family owned and operated enterprise can accommodate almost any business. Conveniently located near the Tampa Airport, Tampa Bay and Clearwater, amenities include meeting rooms by the hour, notary services, remote receptionist services and a full suite of on-demand virtual address services. 


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