Mergers & Acquisitions Advisory

A Neumann & Associates, LLC

May 7, 2019

Reasons Why the Fort Lauderdale Business Climate is Ideal for Entrepreneurs

By Achim Neumann

Whether you’re looking to buy a business in Fort Lauderdale or sell a business in Fort Lauderdale, the “Venice of America“, is a popular tourist destination and one of the business powerhouses in the southeastern region of Florida and the US as a whole. The city is located in Broward County in the state of Florida, just 28 miles from Miami.

With more than 180,000 people living in the city proper, and over 6,000,000 in the Greater Miami Area, Fort Lauderdale is one of the perfect business centers with an ideal year-round tropical climate that not only offers a great quality of living, but makes for ease of business as well (no snow days here!). Throughout the year, the city boasts approximately 3,000 hours of sunshine.

The area boasts more than 4,000 restaurants, 63 golf courses, 12 shopping malls, and 132 nightclubs. Fort Lauderdale boasts one of the busiest entertainment and vacation destinations attracting well-to-do tourists in the world.

Tax Advantages For Businesses In Fort Lauderdale

According to the Greater Fort Lauderdale Alliance Economic Sourcebook, the state of Florida grants businesses an environment allowing them to flourish and expand through massive gains. The reason behind this is because the state of Florida does not have many pre-conditions often hindering businesses from gaining momentum.

In the whole country, Florida has one of the lowest corporate income tax rates at just 5.5 percent in the country and no state personal income tax! Fort Lauderdale has a lenient stance on:

  • Corporate income tax on limited partnerships.
  • Corporate income tax on subchapter S-corporations.
  • Corporate franchise tax on capital stock.
  • State-level property tax assessments.
  • Property tax on business inventories.
  • Property tax on goods-in-transit for up to 6 months.
  • Sales and use tax on goods manufactured or produced in the state of Florida for export out of the state.
  • Sales or use tax on boiler fuels.
  • Sales or use tax on co-generation of electricity.

Big Corporations In Fort Lauderdale

Fort Lauderdale is home to some of the biggest corporations from diverse industries. Because of Fort Lauderdale’s geographic location, you’ll find many logistics companies, warehouses, large international banks and everything that goes along with providing the basic services and amenities that 6,000,000 people need to live a quality life.

Geographic Superiority

Fort Lauderdale is located in a major American metropolitan region with over 6,000,000 state above, but it is also located on the fringe of the Caribbean and also serves a major port for LATAM. Port Everglades seaport is the busiest cruise port in the entire world and in the top 10 container ports for the country meaning there is a gigantic amount of transit from products to tourism.

Fort Lauderdale Workforce

The Florida Agency for Workforce Innovation reported that industries in Fort Lauderdale are projected to produce new jobs in a wide array of industries. This includes industries for the local government, professional services, scientific research, technical services, health care, administrative and support services industries.

Occupations that are expected to have higher needs include retail store attendants and customer service representatives. Skilled employment that is gaining a lot of traction and has a steady demand include HVAC technicians, cement masons, concrete finishers, and construction consultants. Meaning finding businesses for sale in Fort Lauderdale and selling a business in Fort Lauderdale are both good options for business-minded individuals as there are plenty of types of opportunities on the table.

Fort Lauderdale also provides moving and expanding businesses a wide array of benefits. Several noteworthy factors like business financing assistance, a streamlined regulatory process, low taxes, and the innovative and highly-ranked workforce development make the city a great option for investment.

About A Neumann & Associates, LLC

A Neumann & Associates, LLC is a professional mergers & acquisitions and business brokerage firm having assisted business owners and buyers in the business valuation and business transfer process through its affiliations for the past 30 years. With an A+ Better Business Bureau rating, the company has senior trusted professionals with a deep knowledge based in multiple field offices along the East Coast and has performed hundreds of business valuations in its history. The firm’s competitive transaction fees are based on successfully completing transactions. For more information, please contact A Neumann & Associates at 732-872-6777 or

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Client Testimonials

“I had been in touch with Karin and Gary from A Neumann & Associates regarding some opportunities and was looking forward to meeting with them. Hence, when they organized a seminar in Princeton, NJ, I was quick to sign up. The seminar was very informative as the team walked the attendees through various scenarios and referenced real life buying/selling situations they had been through. The sessions by Gary, Karin and Achim were crisp and focused and brought clarity to potential seller and buyers. I strongly recommend the team and look forward to continue working with them.”

Gaurav Tyagi

“Thank you for your Event on "How to value, Sell, and Buy A Business for Maximum Profit" and the insight into ANA’s approach on what is involved in the Business Exit for sellers. Garys Hervieiou's "Business Valuation", Achim's "Deal structure" presentation and Karin’s "Preparing the Package" are real street knowledge shared. They answered attendees questions which makes it more interesting for learning from others. Great for small businesses like us. The presentations were totally worth our time and travel for the event to Princeton, NJ from Rockville MD. Ravi Bhutani, President, CIPS”

Ravi Bhutani

“Gary, this is to thank you for an excellent job done in selling our business. We could never have done it without your professional expertise, dedication and time put in without reservation to make it happen. We will gladly and highly recommend you to anybody in our position.  It was a pleasure to work with you.”

Pat Iammatteo, Owner

“Your vetting is simply outstanding, among the best I've seen from a broker.”

Eric H., Investor

“I recently contacted A. Neumann and Associates about getting a valuation of my business done. I spoke with Marc, who explained the process in detail. After meeting with Marc in order to get a clear understanding of my business, and what I was hoping to accomplish. His patience in answering all my questions and his knowledge of the proper way to market my business gave me great confidence that this is the firm I will be using to sell my business for max value. Working with Marc at A Neumann & Associates was very easy and professional. I did not know all that was going to be involved in selling my business but they helped me through the process. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. I highly recommend this firm to anybody who wants to sell now or down the road. Marc not only knows his stuff, but actually is a real nice guy.”

Double Diamond

“Used A Neumann & Associates to sale my business. could not imagine having done it with out the patience and experience Gary provided. Thanks Gary,”

Dennis Frazier

“Working with Marc and his company was a pleasure. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. Marc handled most of the interaction and he has one of the greatest demeanors. Again, it was a pleasure working with him and his firm.”

Douglas DiCeglio

“I recently completed an acquisition using A Neumann & Associates. Tony Valentino was very helpful and accessible during the entire process. They do a thorough job vetting both parties and got us to the finish line.”

Srini Mudambi

“Claus out of Florida helped us with the sale of our business. We had never done anything like this and him and his team walked us through the process from start to finish. We had some challenges through the process and Claus continued to show up even in the difficult conversations.”

Colby Harris, Co-Owner, Del Mar Designs

“Claus Madsen thoroughly helped us with selling our company. From the 1st introductory meeting explaining to us what was possible, to providing us with resources to assist with the sale. Claus was invaluable throughout the whole sales process. Claus was with us every step of the journey and always made himself available for any questions or issues that came up along the way. If you are interested in selling your business, I encourage you to reach out to Claus and the ANA team so that they can let you know what’s achievable. These guys will make it happen!”

Ron Harris, Co-Owner and Vice President, Del Mar Designs
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Contact A Neumann & Associates, LLC

If you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please fill out our contact form, or call us at 732-872-6777. We will contact you directly and will never identify ourselves to your employees.

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