At Xendoo, we love small businesses. We believe in the power of small businesses to not only create a living for their owners and employees but also to make communities better.
Unfortunately, not all cities and counties are equally hospitable to small businesses. In Florida, there are some counties that offer more opportunities than others, and we’d like to highlight some of those locations in this post. This information can be helpful if you are planning to start a new business in Miami or Orlando, or if you are hoping to expand your current business into new locations. Let’s get started!
Plenty of Options
The good news here is this – as a prospective small business owner in Florida, you are going to have plenty of great choices available. Whether you want to set up shop in a small town or a metro area like Miami or Tampa Bay, you can take your time to select an ideal location for the products or services you plan to sell.
To select some target counties for Florida small business opportunities, we turned to this informative piece of research. Based on their Small Business Index calculation, the top five counties in Florida are as follows –
Just from this list of five counties, we can quickly see an example of the diverse possibilities available in this state. Miami-Dade County, of course, is a huge population center home to more than 2.5 million people. On the other end of the spectrum, Monroe County covers the Florida Keys and has fewer than 75,000 residents. The third entry on the list, Walton County, is another relatively quiet location, located in the Northwest corner of Florida with a similar population to Monroe County.
What Type of Business Do You Have in Mind?
The lesson so far is clear – both big cities and small towns can be friendly to small businesses in the right situation. But the right setting for your business may depend on what you will be selling and who you have in mind for your ideal customer.
For example, a new restaurant may need the population base of a big county like Miami-Dade or Broward to find its footing and build a following. The same could be said for businesses in the health and fitness space, as well as retail outlets.
Rather settle into a small town to run your new venture? Plenty of business types can find a home in such a setting, including eCommerce, healthcare, and other professional services. Of course, there are no hard and fast rules here, so it’s essential to create a detailed business plan and think about what location will give you the best chance to execute that plan.
Getting the Right Help
Few businesses are truly a one-person operation. Regardless of the type of business you plan to open, it’s nearly certain that other people will be involved in making this venture a success. So, picking the right Florida county for your small business will also involve considering the available pool of employees.
Of course, operating in a big county is going to give you more potential employees to pick from, but costs in these population centers are likely to be higher. Whether to keep costs down or to find help that can easily scale with you, consider outsourcing to off-site freelancers and other service providers for help with some tasks.
Here at Xendoo, we help small business owners by handling their online bookkeeping, accounting, and tax filing work. This is a great way to minimize employee costs while simultaneously freeing up some of your own time. You can apply this same outsourcing concept to other parts of running your business, as well.
Growing Throughout Florida
There is a lot to like about doing business in Florida, but perhaps nothing is as tantalizing as the tremendous opportunity to be found in The Sunshine State. Florida is small enough geographically for a small business to consider expansion throughout the state as a feasible and realistic goal. At the same time, the state is home to more than 20 million people, so the market is enormous. Starting with the counties that are welcoming to small business ventures may give you the footing necessary to one day find your business operating from Tallahassee to Miami and everywhere in between.
No matter which Florida county you decide to call home for your business, Xendoo is here to help. From bookkeeping and accounting services to tax prep and more, our team is excited to serve you. By taking these core functions off your plate, you will be free to focus on what it is you do best – deliver value to your customers. Contact us today to learn more.