Central Florida and Orlando business success is due to three things according to the Orlando Business Journal: Business incubators, demographics, and tourism.
A business incubator is a program designed to support entrepreneurism through business support resources and services. The University of Central Florida already has a Business Incubation Program, and they plan to create two new programs: one for international companies trying to break into the U.S. Market, and one for military veterans looking to start a business.
“We will give them flexible leases on space and a proper introduction to the community to spread the word,” Gordon Hogan, director of the UCF Business Incubation Program, said.
Demographics in Central Florida are strong and growing, and they are a contributing factor to Central Florida and Orlando business success.
“Our market is on a good trajectory, and we also have a good quality of life,” UCF Economist Sean Snaith said. Central Florida also benefits from post-secondary schools in the area, including UCF, community colleges, and specialty schools like Full Sail University.
Tourism is Central Florida’s top industry, making it a major contributor to Orlando business success. Disney World and Universal Studios attract people from all over the world including professionals that bring new ideas to the area.
If you are interested in starting or running a business in the Central Florida, contact Boyer Law Firm’s business law attorneys today!
Source: Orlando Business Journal