Florida has a way of turning ideas into action. Maybe it’s the steady stream of new residents. Maybe it’s the lack of a state income tax. Or maybe it’s just that entrepreneurial spirit you feel everywhere—from small downtowns to fast-growing suburbs. Whatever the reason, Florida consistently ranks as one of the most popular states in the country to start a business.
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But here’s the part many people don’t tell you: starting a business in Florida isn’t hard—but doing it right takes some planning.
We’ve sat across the desk from first-time entrepreneurs, retirees launching passion projects, and families opening their second or third business. The questions are often the same. Where do I start? What do I file? Who do I talk to first?
This guide walks you through the entire process, step by step, in plain language. No jargon. No hype. Just practical guidance from a community-banking perspective—so you can start your Florida business with confidence and clarity.
Before diving into the “how,” it helps to understand the “why.”
Florida offers several advantages for business owners:
That said, Florida also has its quirks—local licensing rules, sales tax requirements, and insurance considerations that catch new owners off guard. Knowing those upfront is half the battle.
Every successful business starts with a clear purpose.
Before filing paperwork or opening accounts, take time to answer a few foundational questions:
You don’t need a 40-page business plan, but you do need direction. Even a one-page outline covering your services, pricing, startup costs, and revenue expectations can save you from costly missteps later.
The U.S. Small Business Administration offers free business planning templates and local counseling through its SCORE program.
Your business structure affects taxes, liability, and how you operate day to day. In Florida, the most common options are:
Best for very small, low-risk businesses—but it offers no personal liability protection.
For many entrepreneurs, an LLC strikes the right balance between simplicity and protection.
If you’re unsure which structure fits best, this is a good moment to talk with a CPA or attorney. A short conversation now can prevent expensive changes later.
Most Florida businesses must register with the state through Florida Division of Corporations, commonly known as Sunbiz.
You can register online here:
https://dos.myflorida.com/sunbiz/
Florida registration fees are relatively modest, and most filings are processed quickly.
Pro tip: Before submitting, search Sunbiz to make sure your desired business name is available.
An Employer Identification Number (EIN) is like a Social Security number for your business.
Applying is free and takes just a few minutes on the IRS website:
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Avoid third-party sites that charge a fee for this service. The IRS application is straightforward.
Florida doesn’t have a single, universal “business license.” Requirements vary by:
Most businesses need at least one of the following:
Issued by your city or county (sometimes both). This allows you to legally operate in that jurisdiction.
Certain industries—like contractors, real estate professionals, healthcare providers, and cosmetologists—require state-level licensing.
You can start your search here:
https://www.myfloridalicense.com/
Because local rules differ, always check with your city and county offices. This is especially important for home-based businesses.
Florida’s lack of state income tax is a major advantage—but it doesn’t mean you’re tax-free.
Most businesses that collect sales tax must register with the Florida Department of Revenue:
https://floridarevenue.com/
If taxes feel overwhelming, you’re not alone. Many new owners benefit from working with a local CPA who understands Florida-specific requirements.
This step often gets overlooked—but it’s one of the most important.
Separating personal and business finances:
At a community bank, this process tends to be more personal. We get to know your business, your goals, and how you plan to use the account—not just check boxes.
Not every business needs a loan—but many do.
Local lenders often take a more holistic view of your application, considering your character, experience, and ties to the community—not just your credit score.
Before applying, know:
Preparation builds confidence on both sides of the table.
Good bookkeeping isn’t just about taxes—it’s about understanding your business.
At a minimum, you should:
Many small businesses use simple accounting software paired with professional oversight from a CPA or bookkeeper. This keeps things accurate without adding stress.
Florida businesses face unique risks—from hurricanes to liability claims.
Common types of coverage include:
Insurance isn’t exciting—but it’s essential. A local insurance agent can help tailor coverage to your industry and location.
Hiring brings new responsibilities.
In Florida, employers must:
The Florida New Hire Reporting Center provides guidance here:
https://floridanewhires.com/
Even if you start solo, it’s wise to understand these requirements ahead of time.
This is where Florida businesses often thrive.
Successful local businesses don’t just open their doors—they become part of the community.
Ways to do that include:
These connections often lead to referrals, partnerships, and long-term stability that no ad campaign can replicate.
We see a few missteps come up again and again:
None of these are fatal—but all are avoidable with the right guidance.
Bookmark these. You’ll come back to them more than once.
Starting a business in Florida isn’t about checking off a list in one weekend. It’s a series of thoughtful steps, each building on the last.
When done well, those steps create something lasting—not just a source of income, but a contribution to the community.
At a community bank, we see firsthand how small businesses shape neighborhoods, support families, and fuel local growth. If you’re thinking about starting a business in Florida, don’t go it alone. Ask questions. Build relationships. Lean on local expertise.
Your business doesn’t just belong on paper—it belongs here, in the community you’re helping to grow.