Top Business Opportunities in Boca Raton
Published December 27th, 2019
Dubbed as one of the most business-friendly cities in South Florida, Boca Raton is the place to be for aspiring entrepreneurs.
With a thriving business community and low property tax rates, the city is the perfect place to start a business. It’s no wonder then that it attracts hundreds of investors every year. In fact, Boca Raton is now home to over 30 corporate headquarters. Whether it’s an innovative start-up or a large corporation, the city has it all.
If you’re planning to start your own business in South Florida, this city is your best bet. Not sure what business to put up? Here are some of the most profitable business opportunities in Boca Raton:
Advertising and Media
With a business community composed mostly of start-ups, advertising is a booming industry in Boca Raton. The many advertising agencies and branding consultants that operate in the city is a testament to that.
If you’re good at graphic design, you might want to explore that avenue. According to their Chamber of Commerce directory, the city only has four enterprises specializing in graphics design. Less competition means it’s easier to enter the market and establish your name.
Arts and Entertainment
With its stunning beaches and Mediterranean architecture, the city is undoubtedly a center of cultural diversity. Because of this, Boca Raton’s arts and entertainment scenes are flourishing. From art galleries to party supplies, the array of business opportunities to choose from is virtually endless.
Business and Professional Services
From attorneys to matchmaking firms, Boca Raton is a great place to turn your expertise into a thriving business. Though the city has only about a hundred thousand residents, it is one of the wealthiest communities in South Florida. (Related: 10 Best Places to Live in South Florida)
Boca also experiences a significant daytime population increase. People from neighboring communities flock to the city either for work or seek professional services.
IT and Technology
With top tech companies putting up offices in the city, Boca Raton’s IT industry is on the rise. If you’re planning to start a tech business, it’s the best time to do so. Some of the city’s most profitable IT businesses are:
- Computer Consultancy/Training
- IT Service Providers
- Software Development
- Information Technology Management
- Web Development
- Web Services
Real Estate and Construction
If there’s one sector that’s benefitting a lot from the city’s economic boom, it’s the real estate industry. This also causes a rise in construction-related businesses such as roofing and security systems installation. Apartment rentals and custom-home buildings are also becoming increasingly popular.
Restaurants, Food, and Beverages
With a median household income of $71,867 a year, restaurants and food services in Boca are flourishing.
Restaurants, pizza places, and ice cream parlors dotted the city. The number of catering services, breweries, and wholesale food distributors are on the rise too.
Finance and Insurance
If you have considerable experience in the insurance industry, why not put up your own insurance firm? Or if finance and accounting ar your expertise, why not put up your own bookkeeping or financial consultancy firm? These services are very much in demand in Boca Raton as evidenced by the numerous finance and insurance firms operating in the city.
JUMPSTART YOUR BUSINESS IN BOCA RATON!
Our luxurious office spaces for rent in Boca Raton, Florida will surely suit your business needs. Nestled in the heart of one of the most business-friendly cities in the state, it boasts of great amenities and a gorgeous view of the beach. You can also impress your clients with our meeting rooms for rent. We offer both short term and long term rent. Contact us to book a tour now.