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25 Top Reasons Why Businesses Fail
Starting a business, whether it be from home, or in an office somewhere, may sound like the perfect solution to your working blues, but unless you’re committed to making it work, you can find yourself on the losing end real quick. Businesses fail...
Euro Tax Haven Threat
Media reporting of a new EU savings tax directive has left many people wondering whether European tax havens could soon become obselete.
The July directive requires banks throughout Europe, including low and no tax areas such as Gibraltar,...
How To Find And Sell to Your Small Business Niche
Any given market in its entirety is simply too vast for any business but the largest of corporations to properly undertake. Therefore, the most lucrative strategy for smaller businesses is dividing the potential demand into different manageable...
So You Want To Start A Home Based Business
Are you interested in starting a home-based business? You may want to work from home for several reasons, including dissatisfaction with your current job, because you have small children or elderly parents that require you to be at home, or you may...
Why Can't Microsoft Make "Soft" Packaging?
Why is it that Microsoft wants you to buy its product but does not want you to open the plastic case that is welded around the cardboard box? I believe that such packaging along with cockroaches will survive atomic disasters!
Good luck...
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A Look at Small Business Incorporating in Florida
The choice to incorporate a small business in Florida has several advantages.
Corporations are separate legal entities and, as such, the corporation rather than individual owners pay both the taxes and the liabilities. If you are thinking of running (or are currently running) a small business, incorporating in Florida might be a good idea because you would no longer held personally liable if your business suffered a downturn.
Small business incorporating in Florida also means that you do get to enjoy
the perks and incentives that come with running a small business. For example, businesses in the technology sector and certain manufacturing sectors can qualify for grants if they are deemed to be beneficial towards national defense. Additionally, the U.S. Small Business Administration might qualify you for one of its loan programs.
With regard to Florida’s general business climate, the state offers very good tax advantages. For example, Florida does not tax corporate income on subchapter S-corporations and state personal income. There additionally is no corporate franchise tax on capital stock, no state-level property tax assessed, no property tax on business inventories, no property tax on goods-in-transit (up to 180 days), and no
sales and use
tax on goods manufactured or produced in Florida for export outside the state. In addition, there is no sales tax on purchases of raw materials that are incorporated in a final product for resale, no sales/use tax on boiler fuels, and last but not least, there is no “sales” or “use” tax on co-generation of electricity.
Some specific industries receive additional support in Florida. For example, the Florida Aerospace Finance Corporation (FAFC) is a valuable resource for Florida-based businesses in the aerospace sector. The FAFC was created to expand aerospace business opportunities within the state. This entity promotes Florida as “The Place for Space” by providing direct loans and innovative financing strategies for small aerospace businesses.
These are just a few examples of the business supports in place to help a small business grow in Florida.
About the Author
Incorporating in Florida Info helps big and small businesses learn the benefits of incorporating in the Sunshine State, and also provides detailed information and advice about the Florida Department of Incorporation. Incorporating in Florida Info is the sister site of Forex Brokers Web.
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| United States Small Business Administration |
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| SBA |
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| Main Page - SmallBusiness.com - Small Business Resources |
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| Business & Small Business |
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| Microsoft Small Business Center |
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| The Small Business Advisor - advice for starting and operating a ... |
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| SCORE "Counselors to America's Small Business" |
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| Small Business and Self-Employed One-Stop Resource |
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| www.irs.gov |
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| Welcome to Small Business BC your business resource in British ... |
| BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver. |
| www.smallbusinessbc.ca |
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| Small Business Service | Home |
| Provides information and advice to help small businesses realise their potential. |
| www.sbs.gov.uk |
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| NSW Small Business |
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| Business Management & Advice: Small Business Resources & Information |
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| Small Business Funding Opportunities (SBIR and STTR) |
| Links to Small Business Funding Opportunities and SBIR / STTR Applications. |
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| Microsoft bCentral Small Business Directory |
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| sbd.bcentral.com |
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| Our site has moved! Please update your bookmarks! |
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| sbdcnet.utsa.edu |
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| Small Business Development Corporation |
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