Is Tampa Business Friendly? Yes!
Starting or expanding your own business is a serious challenge and a worthwhile adventure; many people can only dream of being their own boss and pursuing their passion full-time. Before you begin, you need to first find a business friendly location. Business friendly means different things to different businesses. Some look for airport access, some look for foot traffic, and everyone attempts to look for low taxes; it all depends on what the business needs and how far your resources and flexibility can stretch.
Tampa Bay, located along the Gulf Coast of Florida, is a city that checks off a lot of boxes for business owners. It is consistently ranked as one of the most business friendly metropolitan areas for small businesses. Plus, Tampa has become a hot destination for many new residents and employment. According to U.S. Census data, Tampa is ranked 35th out of 515 cities when looking at large city growth.
What makes Tampa Business Friendly?
It Has a Great Business Climate
Many large corporations are located in Tampa, as the city requires lighter regulatory burdens, no personal income tax, and favorable corporate tax policies for businesses wishing to incorporate.
It’s a Boom Town
Tampa was hit hard by the 2008 recession, but over the past five years, investors have been coming into the city to invest in its growth. This has been attracting businesses, tourists, and new residents. Tampa’s population has been growing by about 40,000 people per year – and more people means more customers!
Warm Weather = Foot Traffic
Tampa has warm weather, meaning that more people will go outside to walk and shop. If you’re a brick and mortar, finding a storefront in the right location will mean your business can pull more people through its doors and ultimately increase your bottom line.
You’re Surrounded by Potential Employees
There are dozens of colleges and technical schools located around the Tampa area, giving your business a large pool of employees located within a commutable distance of your office.
Kraus Marketing Has Made the Move
Kraus Marketing recognizes a great location when we see one – we recognized the opportunity to expand Tampa Bay and here we are! If you’re looking to move to Tampa, have recently relocated, or have been here for years, reach out to our team and see what we can do for your business. From branding to website design and social media marketing to SEO, we do it all. Contact us today.