January 17, 2021

Why Florida? Reasons to Do Business in Florida

Seven solid answers to the question why locating and expanding your business in Florida just makes good sense.

Janet Ware | 9/24/2009

7. A PROVEN TRACK RECORD OF SUCCESS

Florida has long been an economic powerhouse, and there’s every reason to believe that this state will keep surging forward. To put Florida’s momentum in perspective, consider this: If Florida was a country, it would have the 20th largest economy in the world. Florida has a higher standard of living, too. In terms of personal income, Florida ranks 1st in the Southeast, and its 2008 per capita income of $39,070 places it in the No. 2 position among all Southeastern states.

Despite the nationwide economic downturn, Florida continues to shine as one of the nation’s best states for business. In the 2009 Chief Executive survey of “best places for jobs and business growth,” Florida ranked No. 1 in the nation for workforce, among the top 10 in technology and innovation and access to capital and 3rd overall.

> For additional information about these and the many other advantages of doing business in Florida, visit eflorida.com.

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