3 Reasons why You Should Buy a Business in Orlando
It’s no secret that the U.S. is one of the best countries to start a business. The U.S. makes it easy and affordable for both residents and foreigners to register a business, and is also ranked at the top of the “Most Startup Friendly Countries In The World, 2019”.
While it’s common knowledge that the U.S. is a world leader in business and investment, many foreign business owners and investors are at a loss when it comes to where in this vast country they will find the most success. Should they set their eyes on the most populous cities like New York or Los Angeles to maximize their investment? What about the country’s capital, Washington D.C.?
Where you start a business can make all the difference, which is why many foreign business owners and investors are looking to Orlando, Florida.
That’s right! There’s much more to Orlando than theme parks and outlet malls—in fact, many people don’t know that Orlando is ranked #1 as the best place to start a business. Let’s explore why.
It’s Not Just About Tourism
Orlando attracts numerous industries other than tourism. They include technology, military defense, aviation, aerospace, life sciences, manufacturing, and more.
Orlando is home to a vast network of hospitals and research centers, industry leaders like Lockheed Martin and Boeing, tech companies like EA Sports and Deloitte, as well as numerous financial, legal and consulting businesses.
The Population is Growing
People aren’t simply coming to Orlando for its attractions anymore, they’re starting to put down roots, buy houses and take advantage of the city’s many opportunities.
Orlando is one of the fastest growing cities in the country and for good reason. Just last year alone, metro Orlando grew by 60,000 residents, which equates to over 1,000 people moving to Orlando a week.
An Investor’s Dream
Orlando is one of the best cities in the U.S. to invest in real estate. Over the past year, home values in Orlando have risen 7.7% with Zillow predicting a 4.5% increase in prices in the next year. Combine the city’s increase in jobs and incomes with its huge demand for short-term rentals and it’s not hard to see why Orlando is at the forefront of the real estate investment list.
Of course, there’s more to starting a business than simply choosing a location. At Florida Connexion Business Brokers, we are experienced in working with both domestic and foreign investors. We’ll work closely with you to help identify a business opportunity that fits your personal, family and career objectives.