Florida businesses optimistic about the year ahead

[sharenow]

business-growthEven as President Obama doubles down on his big government agenda, Florida business owners are feeling better about the future.

While much has been made of the harmful effects this administration is having on businesses, rightfully so, the great entrepreneurial spirit of the American people and the power and resiliency of the American economy are proving to be worthy opponents.

A survey released Monday by Kaufman, Rossin & Co. reveals that not only did Florida businesses owners see the health of their company improve in 2012, but nearly 58 percent are optimistic that progress will continue this year.

Specifically, 41 percent of companies said the health of their business would be “generally better” in one year compared to today, while 16 percent said it would be “much better.”

“I would agree that the outlook in Florida seems more positive as we look forward,” said Craig Miller, a former candidate for Congress and restaurateur who co-owns Miller’s Field Orlando, a sports bar in southwest Orange County.

“I believe the pro-business agenda by the Governor and Legislature gives new and existing business some certainty that Florida’s economic future should remain on a upward trajectory,” Miller continues.

Many of those surveyed are looking to grow this year, with 42 percent saying they expected to increase business within their county, 43 percent said they would likely increase business in Florida, while 40 percent said they’d probably see a  boost from the rest of the U.S. and Canada.

In addition, 27 percent of respondents said they expected to do more business with Caribbean, Central America or South America, and 25 percent expect to do more business with the rest of the world.

And this optimism is likely to result in more jobs, with nearly 55 percent saying they’d be adding one to 10 employees this year.

Not surprising, the survey showed that Florida businesses continue to be “concerned” about taxes, government instability and regulations.

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[sharenow]
Tom Tillison

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