Business Litigation & Dispute Attorney in Sarasota
Sarasota is known for its cultural and environmental attractions, beaches, resorts, and the Sarasota School of Architecture on Florida’s southwestern coast. The city is south of Fort Myers and north of Punta Gorda in the Tampa Bay Area. Many Sarasota landmarks reflect the Ringling Brothers Circus’ legacy in the area. Ringling Brothers Circus had its winter headquarters in Sarasota for many years.
According to U.S. News & World Report, Sarasota is one of the top ten best places to live in the United States for 2021-22. The Sarasota-Bradenton area is ranked No. 9 on the annual list, which rates metro areas based on the employment market, housing affordability, quality of life, desirability, and net migration ratings.
Sarasota was also ranked No. 2 on the list of Fastest-Growing Places in the United States and No. 5 on the list of Safest Places to Live in the United States by U.S. News & World Report.
Sarasota’s Business Environment
While tourism plays a significant role in Sarasota’s economy, the city also has a diverse stable of companies feeding its economy.
Sarasota County has the climate and personnel to attract the best in the country. Located on Florida’s west coast, Sarasota County provides access to these state perks and more.
Sarasota County has five commercial airports within two hours of the city. In addition, it is only 25 miles from Port Manatee, one of the country’s largest and fastest-growing deep-water ports.
Sarasota County offers significant sales and use tax exemptions for enterprises in the life sciences industry, making it cost-competitive and business-friendly.
The Boar’s Head Provision Company, for example, is based in Sarasota. Sarasota Memorial Hospital, Doctors Hospital of Sarasota, APAC Customer Services, and The Zenith are all major employers. Roper Technologies is a Sarasota-based industrial corporation with a wide range of products.
The Technology Sector
Sarasota County has one of the best cultural infrastructures in Florida. Ringling College of Art & Design, one of the most significant arts colleges in the Southeast, has fostered a culture that encourages greater creativity and innovation.
Sarasota’s focus on the technology sector includes:
- Adtech
- Martech
- Proptech
- Services for computer programming
- Design Services for Computer Systems
- Software Developers
Clean Tech
In the CleanTech sector, Florida is at the forefront of innovation. Floridians see the inextricable link between sustainability and economic growth. As a result, they are leveraging innovation and the state’s strong entrepreneurial spirit to create one of the nation’s leading clean technology clusters.
Many have been drawn to Sarasota’s coast because it is well-positioned to assist enterprises in Clean Tech develop. In addition, Sarasota has the ideal environment—geography, business incentives, and workforce—to build CleanTech today and for years to come. Presently Sarasota has over 320 Clean Tech firms employing over 2,700 highly skilled workers.
The Sarasota County Green Business Partnership is a group of companies that have implemented and shown verifiable environmental policies and practices. All firms in Sarasota County are eligible for the Green Business Certification, which includes free technical assistance and marketing attention for achieving green operations improvements.
Sarasota’s Clean Tech expertise includes:
- Engineering Consultancy
- Environmental Advisory Services
- Design and construction of water systems
Finance and Professional Services Sector
Sarasota County attracts some of the most extraordinary financial/professional services professionals in the country. This sector employs almost 7,500 people within the city, over 25,000 in the county, and over 53,000 in the Suncoast region.
Financial Sector
The financial services sector has grown in importance as a result of wealth concentrated in Sarasota County. After a significant recovery following the recession, the financial services industry now employs over 9,000 people.
- With $5.7 billion in assets under administration and over 160 staff, Global Financial Private Capital is one of the most significant investment funds in the Tampa Bay area.
- Sabal Palm Bank and Englewood Bank & Trust are community banks.
- Bank of Tampa is a regional bank.
- PNC Bank, BB&T, Bank of America, Wells Fargo, and SunTrust are national banks.
Professional Sector
Sarasota County employs over 25,000 workers in professional and financial services firms. Here are just a few of the companies that have moved or expanded here.
- Shumaker Loop & Kendrick, Adams and Reese, and Williams Parker are all nationally ranked legal firms (according to U.S. News & World Report). Getzen and Harrison Dietz.
- On Ideas, atLarge, Clickbooth, Dealers United, AdRizer, and FloorForce are all award-winning marketing agencies.
- FCCI Insurance is a property and casualty insurer with a $2.4 billion market capitalization.
- S-One Holdings is the parent firm of eight brands and businesses that provide services ranging from a crafters social network to inkjet printing.
- Sylint Group defends cyber networks and does data forensics for Fortune 500 organizations,
- CSi Networks is known for Enterprise computer network design, installation, and maintenance.
Corporate Headquarters
Sarasota County is one of Florida’s top business counties. They have created an ideal climate for companies wishing to transfer their corporate headquarters to Florida. Florida is ranked #2 in the country for business, thanks to tax savings, more straightforward regulations, and significant investment in education.
Sarasota County’s assets as a Corporate Headquarters include:
- Sarasota County’s Business Climate assists firms in increasing their profits. Few cities can match its business-friendly environment, including low costs, strong corporate tax advantages, and no personal income tax.
- Sarasota County has world-class business amenities and infrastructure, including a sophisticated telecom network, five commercial service airports within 1.5 hours’ drive, a deep-water seaport, and a wide range of available Class A office space.
- Workforce – Due to its location and connection to worldwide business, Florida is the strategic and economic center of the Americas. In addition, the multi-cultural, multi-lingual workforce in Florida can assist you in providing even better customer service to your clients all over the world.
- Quality of Life – Sarasota County is a stunning place to call home. There’s a reason it’s known as paradise.
The Manufacturing Sector
Over 450 manufacturing enterprises call Sarasota County home, creating anything from hurricane impact-resistant windows to insulated drinkware. We’re one of the first calls when it comes to relocating and establishing a manufacturing business in Florida, thanks to our long history of manufacturing incentives and our easy ability to ship internationally.
Florida is one of the top ten manufacturing states in the country. Over 321,000 people work in over 18,600 manufacturing enterprises that create various products, transported word wide commodities, and shipped worldwide.
Many manufacturers flock to Sarasota County. It is one of the most significant areas to test, develop, and distribute products because of its cost-competitive business market, international airports, and the state’s fastest-growing deep-water seaport. Sarasota County is already home to over 450 manufacturing enterprises in the areas of:
- Manufacturing of Fabricated Metal Products
- Manufacturing of Transportation Equipment
- Manufacturing of computer and electronic products
Life Sciences
Sarasota County is developing the next generation of scientific skills. Its economic development policies offer the ideal environment for growth, and the mild climate and great institutions attract a reliable workforce.
Florida is a leader in the life sciences industry. It has the fifth-largest biotech R&D sector, the second-largest device manufacturing sector, and the second-largest pharmaceuticals manufacturing sector, including:
- Pharmaceutical Production
- Hospitals and doctor’s offices
- Manufacturing of surgical instruments and supplies
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