Tuesday, January 19, 2016

Florida Population Continues to Grow




Florida state for the first time has surpassed the 20 million population mark with an estimated 20,271,272 registered Florida residents as of July 1st. This makes Florida the third state to cross the 20 million-people mark, behind California and Texas.  This is a big increase from last year's head count, which estimated roughly 803 people a day were being added to the state's registrar. Florida is also growing a lot faster compared to California, which is great news for small business owners and those with liquor licenses. 

However, the increase of population to Florida state is not without challenges. Lawmakers are preparing to deal with a wide range of issues, such as effectively providing water to their residents. Florida faces a projected 1-billion-gallons-a-day in water shortages by the year 2030. Agriculture Commissioner Adam Putnam has been a huge advocate for statewide water policy changes to prevent this from happening. 

The water supply issue will be expected to be among the first items lawmakers take up when the regular legislative session begins in January. Florida residents will hope to see structural water supply planning and alternative supply development in the next coming years. 

Despite these potential drawbacks, there are plenty of benefits to an increased population in Florida. For one, a greater population will be able to take full advantage of Florida's booming hospitality industry. As demand grows, there will also be more interested investors looking to fund new and exciting businesses. This will eventually create more job security among native Florida residents as well. 

More people also means more seats at the U.S. House of Representatives. Florida state currently has 27 seats. As the population grows, so will the need for positive change to regulation on Florida's liquor licenses and permits. Governor Rick Scott spokeswoman Jackie Schutz said in a statement, “Our hardworking businesses have created more than 1 million jobs in just five years, we have historic funding for education and we are in a 44-year low on our crime rate.” 

This comes as excellent news for both restaurant and bar owners. The increased population also means increased consumers stopping in for after-hour drinks. With positive population growth, low crime, and small businesses funding the state, it's no wonder that Florida's economy is thriving and requests on liquor licenses are growing. 

Savvy business owners understand the need for increased entertainment in an economy that is developing rapidly. Don't wait till it's too late, apply for your liquor license today with Liquor License FL to get started on your new business. 

About Liquor License FL:
If you're interested in either purchasing or selling your liquor license, we help facilitate and finance that transaction. As there are limited liquor licenses in each Florida county, you may end up having to purchase a liquor license from a owner looking to sell. As the lending liquor license brokerage firm in Florida, we monitor the price trends continuously to help ensure you never overpay for your license. Please contact us for more information. 




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