Why Orlando is the Perfect Launch Pad for Entrepreneurs
Florida is becoming an increasingly popular place to live, and Orlando is emerging as an up-and-coming home base for entrepreneurs. If you’re curious about starting a business in this city, Top Orlando Realty can help you find a new home in the area! Here’s why Orlando is so welcoming to entrepreneurs, as well as recommendations on forming an LLC, creating a company logo, and more.
Navigate the Housing Market
It’s easy to assume that in order to be a successful business owner, you need to live in a city that has a high cost of living – but this couldn’t be further from the truth. In fact, the affordable nature of a city like Orlando means you can hire talent for a lower price and enjoy a more extensive “runway” as a business owner.
The housing market is currently booming in Florida, but you can still find affordable homes in the Orlando metro area. DoorLoop states that the median home price currently hovers around $358,000, with homes staying on the market for 52 days. If you’re not in a position to buy, you can sign a lease for a local rental and explore neighborhoods where you might want to live in the future.
Find Community Support
Whether you want to connect with potential customers in person, meet your new mentor, learn how to overcome common business challenges, or simply get inspired to offer something fresh, these business organizations can help:
- Attend events hosted by the Orlando Economic Partnership to start networking!
- Invest in economic development downtown with City District.
- Join the Downtown Orlando Partnership for access to educational workshops and seminars.
Hire Local Talent
In Orlando, you never have to look far to find qualified employees. With so many fantastic local colleges, the talent pool is always growing:
- Consider recruiting candidates from the University of Central Florida, the area’s largest educational institution.
- Stetson College has a historic campus and deep community ties.
- Rollins College offers interdisciplinary programs in a picturesque environment.
Explore the Area
Orlando offers endless fine dining, local cultural events, shopping, and outdoor activities, so you, your family, and your employees are guaranteed to enjoy a high quality of life! When it comes to exploring Orlando, these activities and attractions will take you beyond Disney World:
- Rent a kayak and paddle around the Wekiva River Basin.
- Relax at the beautiful Harry P. Leu Gardens, where you can explore 50 acres of botanical gardens.
- Get the first look at exciting new movies at the annual Florida Film Festival, or get spooked during Halloween Horror Nights at Universal Orlando!
See Florida’s Natural Beauty
Florida’s natural beauty cannot be overstated. Even if you’ve never considered yourself an outdoorsy person, you owe it to yourself to experience the diverse ecosystems of the Sunshine State. Only in Your State recommends visiting Falling Waters State Park, Everglades National Park, Crystal River, and Devil’s Den.
Welcome Visitors
What’s one of the most overlooked benefits of moving to a popular tourist destination like Orlando? Your friends and relatives who live far away will be eager to pay you a visit! You certainly won’t have to persuade your loved ones to splurge on plane tickets – instead, there’s a good chance that your friends and family would have come to spend a week in the area anyway. You’ll get to introduce your loved ones to your new hometown and all of your favorite local hangouts.
Checklist for Starting Your Business
Operating a business in Florida does come with some administrative and legal responsibilities that you simply can’t skip. Here are some rules outlined by SeacoastBank:
- Once you’ve picked a business name, you can form an LLC at a low price through an online formation service for asset protection and tax advantages.
- You will have to register with the Internal Revenue Service and the Florida Department of Revenue.
- Design a fresh logo on your own – you can easily use this free tool to choose the style, icon, text, font, and colors you want.
There is so much more to Orlando than what meets the eye. By moving to Orlando, forming an LLC for your company, and designing a personal logo, you can make headway as a business owner. Soon, you’ll be a proud Orlando resident!
Ready to start house hunting in Orlando? Top Orlando Realty is here for you! Fill out our contact form today to kick off your search.
Photo via Unsplash