Posts Tagged ‘florida state business’

Florida Named Best State for Business?

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Posted 03 Aug 2008 — by admin
Category Florida State economy, Florida corporations, Florida incorporations, florida business, florida state business

Unbelievably, no.

For the third consecutive year, Forbes.com has named Virginia the “Best State for Business.”

The state earned the rating based on such considerations as its business costs, labor issues, regulatory climate, economic climate, growth prospects and quality of life, according to a press release.

Virginia finished in the top 10 in four of those categories, taking the lead in the regulatory environment ranking, sixth in the quality of life and economic climate rankings and seventh in labor issues. Its costs ranked 20th and growth prospects ranked 26th, the release said.

“Virginia has long enjoyed a business-friendly climate,” said Gov. Timothy M. Kaine in a statement. “The commonwealth’s regulatory and legal environments are tough to beat, as well as our strong, educated labor force.

“This best-in-nation validation speaks volumes to our competitiveness in today’s global market,” continued the governor, who has announced $7.4 billion in economic investments and 53,159 new jobs since January 2006.

- Jenny Jones

Forbes.com ranked Utah second for business followed by Washington, North Carolina and Georgia. Colorado, Idaho, Florida, Texas and Nebraska rounded out the list, the release said.

Here I found something else related…

Florida has the #1 Workforce in the nation, according to CNBC’s America’s Top States for Business.  Florida also ranked high in Technology & Innovation and Access to Capital.
(CNBC, July 2008)

Tags: best business, florida state, florida state business

Florida State’s Economy Slipping Fast?

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Posted 02 Aug 2008 — by admin
Category Florida State economy, florida business, florida economy

Some economists are saying that Florida’s economy is underperforming the USA economy overall. That’s tough to believe, but they’re saying it! Here’s a business article from a Florida business journal…

“Florida’s economy has been underperforming the U.S. economy for the past year,” Vitner wrote in his report. “Underperforming the nation is something Floridians are not really used to.”

The last time the state’s economy underperformed the nation was during the 1990-1991 recession and the 1973-75 downturn prior to that. Both of those recessions hit real estate, which Vitner called “the lifeblood of Florida’s economy,” particularly hard, he said.

A wave of hurricanes that resulted in a run-up in insurance costs have complicated the current downturn, while soaring property taxes and battles over congestion and growth management also have taken a toll.

“The Sunshine State still remains an attractive place to do business but has clearly lost some of its luster in recent years. Various rankings of competitiveness show Florida slipping relative to Texas, North Carolina and Georgia,” Vitner said.  Read full article at the Jacksonville, Florida Business Journal >

Yes, agreed. The sunshine state remains an attractive place to do business – of all kinds. Florida has a huge influx of people every year. Many of these people are incorporating their businesses or themselves to take advantage of the tax and other benefits Florida incorporation offers. A Florida corporation is not taxed as an individual is. Incorporate your Florida business here at Florida-Incorporation.com using our friendly online incorporation form and easy Paypal payment.

-Vern L, writer for Florida-Incorporation.com

Tags: florida business, florida economy, florida state business, Florida State economy