Business Leaders Share the Best and Worst of Broward
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In addition to seeing growth across industries, Broward business leaders think that the county’s quality of life and business climate contribute to its appeal, according to a recent survey conducted by Kaufman Rossin and the Greater Fort Lauderdale Alliance. Many CEOs cite Florida’s favorable tax structure as an added incentive for owning a business in the state.
However, not all executives feel this positive. Several dislike Broward’s traffic and infrastructure, adding that there is a division between businesses and government.
Here’s what some of the 200 survey respondents had to say about the opportunities and challenges for business owners in Broward County.
The Best of Broward
“Broward County is one of the most attractive places to live and work in the country,” said one Broward CEO. Many feel the vibrant economy continues to grow, attracting international and national business opportunities.
- 23% of respondents said Broward County is a great place to live.
- Respondents think there is an “innovative environment” that is “receptive to entrepreneurs.”
- Others claim “the weather can’t be beat.”
- 20% said it has a strong business community.
- Respondents cited “friendly people,” “advocacy organizations,” and the “depth and abundance of successful companies.”
- 19% feel the county has a suitable economy and is geographically attractive.
- The area allows businesses to “personally serve a broad spectrum of clients from South Miami to Palm Beach.”
The Worst of Broward
Several business leaders feel there is not enough public transportation that is safe and reliable. “Congestion and traffic make it hard for people to commute to their job at the office,” states one CEO.
- 25% of respondents dislike Broward’s traffic and infrastructure.
- Respondents said “the ability of workers to get to work” is a hassle due to a “lack of mass transit.”
- 22% think relations with government should improve.
- Some feel the “municipalities don’t see the big picture county impact of their decisions.”
- 12% of respondents believe there is a lack of qualified workers.
- Respondents noted that “South Florida, in general, has a lack of skilled workers with good work ethic.”
We’d love to hear from you. How do you feel about doing business in Broward County? Leave a comment and let us know.
Tim Rubin, CPA, is a Business Development Director at Kaufman Rossin, one of the Top 100 CPA and advisory firms in the U.S.
