Yes, before we start let me say I am an optimist.  I do believe in the Entrepreneur Spirit and Innovation of Technology.

So with that said, let’s take a look of “why Tampa?”

First, Geographic location to Waterways in a Growing Worldwide Commerce that is inter-connected. The biggest growth going forward for the next 10 to 20 years will most likely be in areas that can benefit from streamlined delivery of goods which house the connectivity of this Worldwide Economic Phenomenon.  Without elaborating in this simple Blogpost, the expansion of the Panama Canal most likely will cause most economist to speculate for upward revisions to local GDP on the Gulf Coast community Hubs.

Second, the ability to leverage capital on a overall compound effect due to state tax structure and various incentives.  Top Entrepreneurs seem to be drawn to Florida due to a friendly taxation state as well as various development programs which grant incentive for start up, growth, and expansion.  With capital allowed the freedom to multiply on a compound effect, it allows for enterprises to increase their internal rate of return while maintaining growth.

Third, is low cost of living / housing.  It is an outside effect not normally focused on a business plan or pro-forma cash flow model, however the economic state of what is “outside” of the business will have an effect on the business staff, personal, and thus an actual net effect to the business profits.  Though the Tampa markets did receive a large proportion of impact from the housing bust during the past years, it is also poised at a level that is in some areas below replacement cost. With average selling price per square foot attractive compared to major market metro areas, the housing costs are a hidden asset for the officers & staff of Tampa based businesses.  This would reflect in lower outside of work environment stress and increased productivity per employee.

Fourth, the opportunity level.  This is a little harder to quantify, however larger metropolitan areas normally have already reached a saturation point on business development. Though argument can be made as to what impact new innovation & technology have, it is within the boundaries of established business networks already established.  Tampa on the other hand is still considered young in these market segments and thus have an unlimited cap on the possibilities of market share and opportunity.

In summary, though I am a serial opportunist and positive thinking maniac, I do humbly believe we have all the Stars perfectly aligned to offer Savvy Entrepreneurs Unlimited Success in Tampa, FL.

I wish all the Best as they embrace the Entrepreneur Spirit!

David Britton, Licensed Business Broker is the founder of DJB Business Brokers (www.DjbBusiness.com).  Offering unique solutions for Business & Entrepreneur Goals & Objectives to Realization.  Serving the markets of Tampa, FL in Main Street to Lower Middle Market arenas.