If you’re thinking about becoming a small business owner, there are a number of different programs available that can help you with local business funding in Miami so that you can get started. There are a variety of financial incentives to businesses that are either locating or expanding in the downtown area. These incentives, including grants, loans, and tax breaks. Here are four reasons to search for these resources available to you.
Here’s Why You Should Start a Company Through Local Business Funding in Miami
- The Miami Startup Scene Is Rapidly Growing and Attracting National Attention
The city has been aggressively courting startups and has taken a number of steps to make it easier for them to do business, such as simplifying the permitting process.
- Miami Is Home to a Large Number of Successful Entrepreneurs and Business Leaders
Miami is a very diverse and dynamic city, which has allowed entrepreneurs and business leaders to tap into a variety of markets to constantly innovate and evolve their businesses.
- Miami Has a Large Pool of Talented Individuals From Which to Draw
Miami is home to a number of colleges and universities, which provide a steady stream of qualified workers. The city’s location also makes it a convenient place to recruit workers from around the world.
- The Cost of Doing Business in Miami Is Relatively Low
There are no state or local income taxes in Florida for corporations, and the city has a pro-business environment. There are a large number of financial institutions and a strong economic infrastructure. Sales and property taxes are low compared to other areas too.
- The Weather Is Great
Why go anywhere else in the world when you get warm year-round weather here?! The tropical South Florida climate is what draws many people here to the Sunshine State.
If you’re excited about a new business venture, the Economic Development Council of South Miami-Dade is a good place to start. Contact us today to learn more about the resources available to you!