Have you ever considered making the pristine sandy beaches and the warm, sunny climate of Florida a part of your everyday life? Nestled along the Gulf Coast, Tampa is a thriving, bustling city on the state’s western coast that offers endless opportunities for those looking to move. With an ever-growing cultural scene, a diverse array of residential neighborhoods, and a strong job market, Tampa is an ideal place for individuals and families alike. Whether you are moving for fun or to start a new business, we here at Modern Globe encourage you to consider making Tampa your forever home today!
1. Affordability for Small Business Owners
To start a business in Tampa, you must be able to afford it. The average salary there is about $70,000 every year. Choose whether you want to chase the average demographic or a higher net worth market. Also, remember how much it will cost you to live there. You can rent an apartment starting at around $1,500 per month, but a larger space that can accommodate a home office will cost you upwards of $2,500.
Lower costs of living could create more runway for you. If your small business picks up and makes a lot of money, earning above the average wage can be beneficial. You might also find deals on homes and offices, but that does not mean that you can fully afford the business without some form of financing.
2. A Supportive Community
Look for a supportive community. You can use social media as your first point of contact with the community. It is easier to run a new business when you know your clients and the public you want to sell your service or product to. Look for local leaders and business owners to serve as a mentor as you embark on your journey. Find networking events to meet with other people from Tampa.
Consider making some informational fliers to hand out (along with business cards, of course) at networking and community outreach events. Building your own flyer can be fun. Plus, you can use free templates, so you don’t have to be a graphic designer to create something eye-catching. remember to stick with basic information and use colors that match your branding. And definitely include your logo!
3. Quality of Life for the Family
Look for attractions your family might enjoy. Indulge in the culture of the city and the various options for recreation. You can find splash pads, trampoline parks, rock climbing, and more. The culture can directly impact your business.
Check out Modern Globe for updated information on business, community, and cultural events in Tampa!
4. A Talented Workforce
Small businesses bring more work to the community and help boost the economy. The company feeds the economy, and those attending local colleges and universities are more likely to stick around and find a job they love. If you start your business in Tampa, you have access to recent graduates that can help support your company and watch it grow with you. Some colleges to recruit from include:
- University of South Florida
- Florida College
- University of Tampa
Look to recent college graduates from surrounding colleges to find employees and talent who may stick around.
5. Plenty of Resources Available
Look for resources to help you start and fund the business. Some resources include:
- City of Tampa Business Resources
- Tampa Bay Chamber of Commerce: Small Business
- Hillsborough County Entrepreneurship Resources
Seek different resources to find out how to fund your entrepreneurship and write a detailed business plan that can lead to success. Learn the various license resources and requirements if you plan to start a business within the city. In addition to legal and professional resources, small businesses tend to thrive in downtown areas.
Consider using a formation service to help you form an LLC. LLCs have less liability, less paperwork, and more tax advantages. Check with Indiana’s laws because different states have different regulations regarding LLC formation.
Make Tampa Your New Home
Tampa, Florida is an excellent choice for entrepreneurs looking to launch a thriving business venture. Its strategic location provides easy access to the expansive market of the southeastern United States, while its flourishing economy and diverse workforce serve as strong foundations for business growth. With these remarkable attributes, Tampa offers a prime environment for both personal and professional success, beckoning aspiring business owners to make the move and seize the opportunities this vibrant city has to offer.