Thursday's Afternoon Update
What you need to know about Florida today
States try to make it easier to raise money with crowdfunding
Recently a number of states have passed laws or regulations allowing startups to use crowdfunding to raise money from investors, without having to jump through all the regulatory hoops that companies with shareholders usually do. More at Governing.
Florida leads the nation in all-cash home purchases
In Florida, cash is still king. According to a new report by RealtyTrac, a real estate researcher, Florida leads the nation in all-cash home sales. In fact, the top six metro areas in the country for those types of home sales were all in Florida. More at the Tampa Bay Business Journal.
How to select the right entity for your business
Entrepreneurs can generally choose from a number of different entities when incorporating their business. However, due to the fluid nature of businesses, the advantages and disadvantages are not always clear at the time of formation. More at Forbes.
Two-thirds in Florida choose Medicaid plan
State health officials said 34 percent of Medicaid recipients chose their plan while 66 percent were assigned one. But nearly half of the 66 percent who were automatically enrolled were assigned to a plan they had a prior relationship with. More at the AP.
Miami-based Movéo car service expands to Colombia
Movéo, a global luxury ground transportation company based in Miami, announced it is expanding into Colombia, with access to more than 300 executive vehicles. Movéo will offer more than 80 armored vehicles in all major Colombian markets. More at the Miami Herald.
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