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Key Business Entity Statistics In Florida (Latest As of 2021)

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What are the main business statistics in Florida?

What’s important to know?

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Let me give you highly useful business entity statistics in FL!

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Florida Business Entity Statistics Overview

Florida has one of the most vibrant economies in the United States and is the third most populous state in the country.

Many entrepreneurs and small businesses thrive in the Sunshine state having the fourth largest GDP in the United States.

In this post, I will share with you the most recent business entity statistics issued by the Florida Division of Corporations so you can get a better sense of the high level of business activity in the state.

Here it goes!

Business Entity Filings In 2021

Business Entity FilingsNumber 
Domestic Profit104,625
Domestic Non-Profit14,519
Foreign Profit & Non-Profit7,314
Domestic Limited Partnerships740
Foreign Limited Partnerships752
Domestic Limited Liability Co.532,137
Foreign Limited Liability Co.17,576
General Partnerships318
Limited Liability Partnerships154
Declarations of Trust105
TOTALS:678,240

Trademark And Other Registrations In 2021

Trademark And Other RegistrationsNumber 
Trademark / Service Mark Registrations1,237
Alien Business Organization / Designations of Agent76
Fictitious Name Registrations116,523
Commissioned Notaries135,482

Total Active Business Entities In 2021

Total Active Business EntitiesNumber
Domestic Profit Corporations834,742
Domestic Non-Profit Corporations184,998
Foreign Profit and Non-Profit Corporations66,996
Limited Partnerships18,914
Limited Liability Companies2,051,233
General Partnerships17,315
Limited Liability Partnerships2,506
Declarations of Trust1,321
TOTAL:3,178,025

Total Active Registrations And Notaries In 2021

Total Active Registrations And NotariesNumber
Trademark/Service Mark Registrations14,058
Alien Business Organization / Designations of Agent6,756
Fictitious Name Registrations787,971
Commissioned Notaries474,670

Small Business Count By Size And Industry In 2021

Small Business Count By Size And IndustryNumber
Professional, Scientific, and Technical Services 361,923
Other Services (except Public Administration) 340,421
Administrative, Support, and Waste Management 335,986
Real Estate and Rental and Leasing 320,616
Construction 282,327
Transportation and Warehousing 264,680
Health Care and Social Assistance 251,938
Retail Trade 205,548
Arts, Entertainment, and Recreation 105,690
Finance and Insurance 90,278
Accommodation and Food Services 74,234
Wholesale Trade 66,734
Educational Services 60,617
Manufacturing 37,566
Information 31,099
Agriculture, Forestry, Fishing and Hunting 15,788
Utilities 1,274
Mining, Quarrying, and Oil and Gas Extraction 1,041
Management of Companies and Enterprises 1,014
Industries not classified664
Total2,847,799

Key Small Business Statistics In Florida

Here are further key small business statistics in Florida that you will find useful.

  • 99.8% of all businesses in Florida are considered small businesses
  • More than 88% of businesses in Florida employ less than 20 people 
  • The startup success rate in Florida is 50.2%
  • Between 2019 and 2020, 84,835 establishments were opened and 79,123 closed
  • In 2021, there were 2.8 million small businesses in Florida
  • In 2021, 3.6 million people were employed by small businesses in Florida representing 41.1% of the Florida employees 
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Takeaways 

So there you have it folks!

Florida’s economy is one of the largest economies in the United States having a gross domestic product (GDP) of $1.2 trillion as of 2021.

According to the International Monetary Fund, if Florida was an independent state, it would rank as the 16th largest economy in the world.

Florida has many business opportunities in fields like tourism, industry, construction, banking, biomedical and life sciences, healthcare, aerospace, and many others.

The business entity registration statistics provide key insights into the economic activity in Florida, particularly for small businesses.

Related articles:

Sources:

Editorial Staff
Hello Nation! I'm a lawyer by trade and an entrepreneur by spirit. I specialize in law, business, marketing, and technology (and love it!). I'm an expert SEO and content marketer where I deeply enjoy writing content in highly competitive fields. On this blog, I share my experiences, knowledge, and provide you with golden nuggets of useful information. Enjoy!

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