Course summary (Business in Miami Florida)
The economic growth of Florida is one of the success drivers for companies
that choose to locate in Florida.
- If Florida were its own nation, Florida would be the 19th biggest economy in the world.
- Florida is not only one of the biggest States in the United States, but also one of the fastest growing, in terms of population, economic growth, personal
revenue
or employment.
- Florida is host to some 300 regional and hemispheric headquarters of companies from all over the world, making it a
bearing of International business and trade.
- Many international companies base other facilities (warehousing, distribution, manufacturing) in Florida to take advantage of its easy access to
Global markets.
- International companies use Florida to access Latin American and Caribbean markets, as well as the United States market.
- Florida is consistently ranked as one of the top pro-business states.
Florida has a favorable business environment, with a low
corporate revenue tax rate and no state personal revenue tax.
- Florida offers competitive cost of
doing business, especially
when compared to other high tech states. Florida is also one of only a few
right-to-work states in the United States
Example of the course doing business in Miami Florida:
The economy of Florida promotes the growth of high tech firms.
Florida led the Southeast of the United States and ranked 4th in high tech employment.
Other sectors that have recorded important economic growth in
Florida include professional and business services,
International trade,
international transport, construction, leisure and hospitality, education and health
services.
Florida leads in Foreign trade and Foreign direct
investment (FDI). The total value of International trade flowing in and out of the United States via Florida has duplicate in the last 10 years (109.75 billion USD in 2006).
Florida is a leader in Foreign direct investment. Ranked 13th between all
United States
states in total holdings by non-United States companies in 2005 and
5th in terms of employment by foreign-affiliated firms, Florida has emerged as a
hotspot for Foreign direct investment.
Another area important to Florida economy is the creation of corporate headquarters in Florida.
Corporate headquarters is defined as those facilities that support
international, local or regional (multi-state) operations for moderately
mature companies with distributed operations and centralized strategic and
management activities.
A corporation is a distinct legal entity formed for the express goal of
conducting business activities, while protecting its shareholders from personal
liability. The LLC (Liability Limited Company) is a moderately new type of
hybrid business structure that is now permissible in most states. LLC is
intended to provide the limited liability
protection of a corporation and functional flexibility and pass-through
taxation advantage of a partnership.
Master in International Business for US Students
New York - California - US economy
