Building Florida - Through Investment

The tragic weather events in Florida have brought about a positive dawn with the news that the Miami government were seeking to issue climate change bonds. This one event has been indicative of a wider focus on generating funds and interest in schemes to help the state through ethical, public-friendly investment.Adding to this, the release of the so-called ‘Paradise Papers’ and the ensuing bad press for businesses and their tax arrangements means that consumers are looking, more than ever, for businesses that behave properly and undertake their civic duty. That could be you, if you’re aware of what you need to create a business and an idea of where the opportunities are.Forming A BusinessNew business owners need to be aware that there are various regulations. As a base level, you need a qualified business adviser to make sure you’re ticking all of the regulatory boxes. This is in addition to a banking facility and state registration. With that in mind, make sure you’re aware of the regulatory requirements of individual space. If you’re looking to make your business an LLC Florida based company, an annual return to the Division of Corporations is a strict requirement.Environmental Investing and BusinessWe’ve already covered the climate change bonds Miami are considering issuing. These can be a solid, guaranteed investment of your business, guaranteed to provide growth after a certain amount of time. On a similar note, and affecting the whole country, are green bonds. Similar in their function, these are bonds issued to support high-tech, environmental technology and developments. Given the precarious state of Florida on the marshy coast, environmentally sound developments will always be a sound investment.UNEP showed in October 2017 that green bonds have grown 36%. The market appetite is there and again, it’s a good way to guarantee future capital for your new business if you’re looking to solidify.Space IndustryFlorida has always been famous for its space industry, with all of our best space projects launching from the near legendary Cape Canaveral. This has continued to the current day, with SpaceX and its competitors investing a huge $260bn - and increasing - in local infrastructure. This has created a huge demand for jobs, public interest and secondary supply chains. You could go worse than investing in the area; SpaceX are notoriously ambitious and are likely to come up with yet more projects demanding the involvement of the local area.Investment in Florida is on the increase with the area acting as a vanguard for environmental and future technology businesses. If you’ve got a nest egg and are looking to set up a business, or invest, you could do very well for yourself and the community.