Local counties rated high for small business performance | Charlotte Sun

According to Heartland Forward, whose research was reported by Forbes in May 2020, the Punta Gorda metro area was identified as being one of 20 top entrepreneurial ecosystems.

Perhaps no one could agree more that the area is tops, than Marjorie Benson, the Friendly Floors owner who bought the business from her parents 26 years ago, and she's never looked back.

"Mom and Dad built the business on a shoestring in 1986," she said.

Then, the business was located across from her showroom at 3785 Tamiami Trail and was only 400 square feet, Benson said. Her parents and her brother operated the business for nine years.

Benson's Friendly Floors is in a 4,000-square-foot building. She said her business "has grown every year, but we worked hard for that." She said the secret is to provide good customer service and to "make sure our clients get the right things for their decor and budget."

Apparently, her customers spread the word, as a good portion of her business comes from "word of mouth." Also, Friendly Floors was voted the best flooring store in The Daily Sun's annual readers poll 17 years in a row, making her the recipient of the Readers' Choice award, she said.

Lori and Tim Savage relocated their Rotonda West business, Coastal Expressions, to Punta Gorda where they own a home. The store, located in the Bal Harbor Boulevard shopping mall, opened Nov. 12 last year.

They added a wine bar to their business, which serves food such as Charcuterie and Burrata boards. The store also has a wine store portion, and it sells home decor items and gifts.

The couple moved to Punta Gorda from Seattle. Lori worked in the corporate world in healthcare and software sales, and she continues to work as a director of computer security.

Tim served 26 years in the Air Force, then worked in computer security. He continues to work for Amazon's computer security division in addition to running the business with Lori.

The power couple, who have lived in big cities, wanted to live in a smaller city and "be part of a community," said Lori, adding, "We are doing well here; we got a warm reception from the community, and we have a lot of regular customers already."

Lori said they chose to locate in "interior Punta Gorda" after many in town said it was "too busy" in downtown Punta Gorda during snowbird season.

Once things become more quiet -- probably when the season ends -- Lori said she plans to become more involved in the community and to "give back."

In addition to the shop, Lori also runs Coastal Expressions Staging and Design - a staging business for vacant or model homes.

Lily Rivera Bridal & Alterations

When Lily Rivera, owner of Lily Rivera Bridal & Alterations, was one of 10 designers out of 5,000 invited to New York Fashion Week in February 2020, the world was her oyster. 

She had already received several Readers' Choice awards from The Daily Sun, and her designs were getting noticed by a domestic and international audience.

In New York, "I got a lot of media attention, a lot of publicity, and a lot of editorials (written about me)." She accepted numerous appointments for her bridal designs bearing her brand -- Lily Rivera. But while in New York, "the first case of COVID showed up," she said.

"I came back to cancelled appointments," Rivera said. To make matters worse, she had already given up her former space and was without a "home" for her business.

"I was working out of my garage, doing deliveries, and making face masks, but I didn't give up," she said.

Because of the shutdown, many office spaces were left vacant. That's when her luck turned the corner; Rivera found a 2,000-square-foot office space at 2511 Vasco Street in Punta Gorda, and she said the rent was unbelievably inexpensive compared to what she would have had to pay in Miami or Fort Lauderdale, for instance.

Rivera just returned from Puerto Rico where she hired several seamstresses who will sew together the pieces she sends, then return them to Rivera for her hand-stitching embellishments such as lace, pearls, crystals, etc.

Sometimes her 5-year-old daughter Isabelle is brought by to hang out with Mom as she prepares for the next season's designs.

The Italian magazine Faddy featured one of her gowns, and a TV reality star has just ordered an exclusive Lily Rivera creation.

Rivera said Punta Gorda has offered her the opportunity to make her business grow. She showed The Daily Sun sketches for her new collection called, appropriately, "The World is My Oyster."

Locally, Lily Rivera bridals can be purchased at Jeannine Bridal in Fort Myers; for a customized gown, customers can order from Lily Rivera directly.

Charlotte County's High Ranking

Apparently, research firms have taken notice; suddenly the greater Charlotte County area has appeared on their radar, such as SmartAsset, a financial technology company that analyzed data to determine the best counties for small business owners.

Charlotte County came in 30 out of the 67 Florida counties, but other think tanks and research studies have put the county closer to the top in their surveys and research, including the Heartland Forward study which based analytics on the share of employment by small firms and the number of college-educated employees in those firms. 

Out of 10 metro areas, Punta Gorda came in at #7, Naples was #8, and Cape Coral came in at #10 in Heartland Forward data.

Dave Gammon, director of the Charlotte County Economic Development Office (EDO), when told the end of January about the SmartAsset data and Forbes article, said the EDO is in the midst of campaigns to bring more entrepreneurial businesses to Charlotte County, he said.

In early February his office began to target businesses on LinkedIn through a direct mail campaign whose eight-page brochure is entitled "Thrive in Paradise." To complement it, the EDO is directing businesses to its website, LocateToParadise.com.

Saying Charlotte County wants to make the move here "as seamless as possible," Gammon said the EDO assists businesses in registering with the state, provides tax information, and introduces them to accountants and attorneys. The EDO also offers three-month trial memberships in the area's chambers of commerce.

Sarasota County made the top ten in SmartAsset's analysis, coming in at #9.

Destin Wells, vice president of Sarasota County's Economic Development Corporation, said his office has been putting "more emphasis behind the smaller communities of home-growns." He cited success stories of startups in the county that went on to achieve national and international success, such as Voalte, a healthcare technology firm, Lumos Diagnostics — a high-tech firm known for the Cov-ID rapid test, and S-One Holdings Corporation which now owns a number of subsidiaries.

Both counties' economic development offices are targeting small -- and large -- businesses to come to an area of sunshine and outdoor recreational activities beside the lower cost of living index and lower taxes plus business incentives.

Perhaps this snowy and unseasonably cold winter will provide the impetus for more businesses to decide to relocate to our area.