Collier County Ranked No. 4 for Small Business Ownership

News Summary

Collier County has been recognized as the No. 4 region in Florida for small business ownership with a score of 86.06, as per a SmartAsset study. The ranking is attributed to factors such as the small business ownership rate and the income tax environment. Despite challenges from Hurricane Milton, local businesses are rebounding, with many reopening and an emergency loan program in place to support affected businesses. As the community rallies behind local commerce, Collier County aims to thrive moving forward.

Collier County Shines as a Top Spot for Small Business Owners in Florida!

Hey there, Collier County! We’ve got some fabulous news to share that’s bound to put a smile on your face. Our wonderful county has just been ranked as the No. 4 region in all of Florida for small business ownership, according to a recent study by SmartAsset. With a robust total small business score of 86.06, Collier County is indeed thriving!

How Did We Get This Recognition?

You might be wondering how this ranking came about. The folks at SmartAsset evaluated five key categories, including:

• Small business ownership rate
• Five-year percent change in small business ownership rate
• Small business income share
• Five-year percent change in small business income share
• Income tax

For perspective, Miami-Dade County took the crown at 98.19, but hey, we’re not far behind! Think of all the gorgeous beaches, scrumptious restaurants, amazing golf courses, and vibrant arts scene that make Collier County an attractive place for small businesses to grow and succeed.

Post-Hurricane Milton Recovery Efforts in Full Swing

Interestingly, if you’re looking to remove **wet drywall up to 4 feet**, damaged cabinets, carpeting, or baseboards, good news! You won’t need a permit for that. But if you plan on replacing any of that damage, make sure to check with the county regarding permit requirements. There’s an easy way to do this by visiting the county portal!

As emergency permitting services kicked in at noon on October 10, it’s important to remember that contractors need an occupational license to perform debris and tree-removal services. Going with unlicensed contractors might lead to some serious consequences, including felony charges during this declared state of emergency.

Financial Support Available!

Florida Small Business Emergency Bridge Loan has been activated, making $50 million available for businesses affected by the hurricane. Fortunately, according to the Greater Naples Chamber of Commerce, there have been no reports of major damage to local businesses.

Naples experienced around 6 feet of storm surge and many roads were engulfed in up to 5 feet of sand, but recovery efforts are actively ongoing. First responders are out there assessing damage and clearing streets so life can return to normal.

Life in the County after the Storm

reduce water usage.

Open for Business!

$989 billion. Collier County is not just bouncing back; we are springing forward!

Deeper Dive: News & Info About This Topic

• Naples News: Top Places in Florida for Small Businesses
• Gulfshore Business: Hurricane Milton Recovery Efforts
• Florida Governor: Emergency Bridge Loan Activation
• FOX4Now: Holiday Shopping Boost for Naples’ Small Businesses
• Gulfshore Business: Hurricane Milton Resources and Updates
• Wikipedia: Small Business
• Google Search: Florida Small Business
• Google Scholar: Small Business Ownership
• Encyclopedia Britannica: Small Business
• Google News: Collier County Small Business