Why St. Petersburg is a Prime Community for Entrepreneurs
Today, countless entrepreneurs dream about moving to Florida — and by scoping out communities like St. Petersburg, you don’t have to worry about the high cost of living holding you back. If you want to learn more about the community, read up on the St. Petersburg website! Here’s why St. Petersburg is an ideal place for entrepreneurs and their families, whether you’re starting a new business or relocating an existing company.
Rentals in St. Petersburg
Living in St. Petersburg provides great value for the cost, especially when compared to other areas in Florida. The reasonable cost of living serves entrepreneurs well — not only can you save more for your family, but you’ll also have a longer “runway” to launch your business and start turning a profit.
If you plan to rent in the general St. Petersburg Area, you can expect to pay around $1,861 per month. This is cheaper than the rents in downtown St. Petersburg. However, it’s important to note that there is very little new construction going on in this area, which could limit the availability of vacant homes and apartments. When it comes to home prices, the average property sells for around $336,000, so it’s worth renting for a while and saving for a home you truly love.
To help you find the St. Petersburg home of your dreams, trust the expertise and service of Jeffrey Nitz at Luxury & Beach Realty!
By settling down in St. Petersburg, you’ll have the opportunity to get involved with business organizations based anywhere in the St. Petersburg/Clearwater area. This is a great way to connect with mentors, meet local business leaders, and network with potential new clients. Caycon.com recommends looking into these groups:
- Startup Weekend Tampa
- Institute for Commercialization of Florida Technology
- Tampa Bay Partnership
Fun Local Activities
With so much to do in St. Petersburg and the surrounding areas, local workers enjoy a great quality of life — and so do business owners! There are an endless number of great restaurants, green spaces, and fun events in the city. As you explore your new locale, add these parks and events to your itinerary:
- Fort De Soto Park
- Weedon Island Preserve
- Boyd Hill Nature Preserve
Large Talent Pool
With so many highly regarded universities in the area, employers have their pick of great candidates for job openings. Employers can often hire from a young talent pool for lower labor costs. You may want to hire team members from these prestigious universities:
- University of South Florida
- University of Tampa
- Eckerd College
Why is St. Petersburg in particular such a great place for entrepreneurs? Because creative people of all ages and backgrounds come here to make a living. In these neighborhoods, you’ll find fellow ambitious business owners and artists who want to make their mark.
Access to Tampa Bay
When you’re living in St. Petersburg, you can easily explore anywhere else in the greater Tampa Bay area. Sometimes, living in a more laid-back neighborhood within a bigger city is the perfect way to enjoy the feel of a community with all of the perks or urban amenities.
Business Launch Resources
The requirements for starting a business can vary between one state and another. If you’re looking to open a business in Florida, you’ll need to take certain steps to accomplish this goal:
- Your first step is naming your business and reserving your company name with the Florida Secretary of State.
- Next, you can register as an LLC for limited liability status - with this structure, you’ll save on your taxes!
- Before operating, you’ll have to select the appropriate business license, permits, and get insurance for your company.
Once you have your business legally established, it’s a good idea to create some various social media accounts on different platforms to boost your digital marketing efforts. As you do, use a banner creator to give each account a consistent visual identity and style. You can customize a template with your own images plus text and color. Once it’s to your liking, just download it to use!
St. Petersburg is a fantastic base for Florida’s entrepreneurs. In this up-and-coming area, you’ll feel right at home. With these resources, you’ll be prepared for your move to St. Petersburg.
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