Financial Services Firms provide financial planning, money management and investment advice. Because people rely heavily on the advice of financial services professionals, firms are required to be licensed at both federal and state levels. Of course, local businesses licenses are usually required as well.
It should be no surprise that a city famous for its sunshine is a tourist and retiree haven. St. Petersburg draws in beach-going crowds and senior citizens who want to enjoy some fun and sun. Accordingly, the city's tourism and healthcare industries power the economy. Entrepreneurs will find St. Petersburg an easy place to set up shop owing to its low-level of local licensing. Instead, most business regulation takes place at the state level, with Florida regulating food , auto repair and other industries that typically receive inspections and government oversight.