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According to the Small Business Administration, 2023 was the year in which the most small businesses were reported to be founded in the country.
Author: Edda Pujadas
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A new study ranks Florida as the second best state in the nation for entrepreneurs and small businesses. This is mainly due to tax incentives, employment opportunities and increased consumer spending.
This was revealed in a study conducted by SimplifyLLC, an independent publication that provides free consulting to small business owners. According to the report, Florida was able to secure this position because it had the highest net influx of educated workers at 144,915, resulting in a 12.7% increase in job creation. This is because it was ranked 6th.
Additionally, Florida maintained its 15th place in consumer spending growth with a 3.4% increase. It is worth noting that the unemployment rate has also decreased, allowing workers to feel more confident and secure in their jobs and increase their spending levels.
The study considered six important factors (tax rate, inflation, migration of highly educated workers, establishment of new businesses, job creation, consumer spending, etc.) to determine the ranking of states and the level of development of small and medium-sized enterprises. .
This prestigious list ranks Texas at the top, followed by Wyoming in third place as the best state for small businesses, followed by Missouri and Delaware, both of which are increasing the creation of small businesses and innovative ventures. It is characterized by
According to the Small Business Administration, more small businesses were established in the country in 2023 compared to the previous year. In fact, last year he saw 5.5 million new small and medium-sized enterprises established, and the number of new businesses in the country hit a record level for the third consecutive year.
What does DORAL offer?
According to the 2020 Census, Doral stands out as one of the fastest growing cities in Florida by percentage. For the 2023-2024 school year, Doral adopted the lowest millage rate in all of Miami-Dade County at 1.17166. It is important to note that lower millage rates result in lower taxes for residents and businesses.
Manuel Pila, economic development director for the City of Doral, explained that this will ensure that there will be no tax increases for residents and businesses in the area. At the same time, we prioritize public safety, transportation, service excellence, parks and recreation.
Doral has been recognized many times as one of the best places to do business in the United States. Known as one of the state’s best places to invest in real estate and one of the strongest cities for business creation, it’s a great place to live due to its cultural offerings, business-friendly environment, and highly skilled workforce. It is known as a place.
In fact, Doral’s workforce is highly educated, with 52.9% of residents having a college degree or higher and 89.7% having a high school diploma, making Doral one of the best cities in Florida. It is said to be one. This classifies Doral as highly competent, multilingual, and multicultural.
Manuel Pila explains that the City of Doral’s Economic Development Department is focused on elevating Doral as a world-class destination for domestic and international trade and business.
“We are focused on maintaining and expanding our existing businesses, building relationships with businesses and governments to stimulate the economy, promoting business education, and actively seeking new business locally.” Pira adds.
An important part of the Economic Development Office’s work in the City of Doral is promoting the city within the business community through trade shows, partnerships, presentations to business groups and investors, trade missions, and sister city relationships, and actively seeking grants. It’s about finding and managing. For Doral.
Start a Business in Doral
Mr. Pira also discussed the general steps for forming a business in Doral, noting that the first step is establishing your desired legal structure, such as a sole proprietorship, partnership, corporation, or limited liability company (LLC). He emphasized that it is a matter of decision. Lawyers and doctors can form a professional association (PA).
We also recommend seeking legal and accounting advice when starting a new business or business and checking the Florida Department of Corporations website (www.sunbiz.org).
Once you have moved to the stage of renting or purchasing space for your business operations, it is important to consult the City of Doral’s Planning and Zoning Department regarding zoning, parking regulations, and other measures before signing a purchase or rental agreement. .
For businesses moving into existing space and planning interior renovations, obtaining a building permit is essential. You may also need additional permits from the Miami-Dade Fire Department and Department of Environmental Resources (DERM) and an operating license based on the business you plan to conduct. Please consult the Doral Building Department regarding these matters.
Don’t ignore taxes either. All businesses in the City of Doral, regardless of their size, are required to obtain a local business tax receipt (occupation license) or certificate of occupancy, even if they operate from home. All businesses must also obtain an LBT license from Miami-Dade County. If you require assistance with these requirements, please contact the Doral Code Compliance Department.
Miami-Dade County also offers online assistance to start a business through the Business Start-Up Assistant, which provides personalized information on what you need to start a business. It also provides a checklist of local, state, and federal requirements for nine different types of businesses. For more information, please visit https://w85exp.miamidade.gov/MDBusinessWeb/.
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