SARASOTA — Progressive Employer Management Company (PEMCO), a payroll, human resources, workers’ compensation and employee benefits provider, expanded its nationwide footprint with a new office in Texas. Sarasota-based PEMCO is one of the fastest growing professional employer organizations in the country, the statement says.
TAMPA — Health care information technology firm Ability Network is adding 75 jobs by the end of 2017. Ability worked with Enterprise Florida, the Florida Department of Economic Opportunity, the City of Tampa, Hillsborough County and the Tampa Hillsborough Economic Development Corp. Founded in 2000, Minneapolis-based Ability Network helps health care providers simplify their administrative and clinical operations. FORT MYERS — Florida Gulf Coast University raised $1.18 million during its inaugural one-day fundraiser. One anonymous donor gave $1 million and 207 people participated in the one-day fundraiser to benefit student and university programs at the university. Lake Michigan Credit Union is making a big push into Southwest Florida, opening branches in Lee and Collier counties and exploring further statewide expansion.
The analysts noted Lake Michigan decreased its net charge-offs-to-average-loans ratio and cut its efficiency ratio. In a recent interview with the Business Observer, President and CEO Sandra Jelinski says she plans to grow the Florida operations within the next two or three years to the point where half its assets will be in the Sunshine State. Christopher Roog recalls a time in the not so distant past where many communities on Florida’s east coast were rather unfriendly, if not downright hostile, to businesses. A top lobbyist for Palm Beach area builders and contractors during the recession, Roog recalls a bevy of complaints, such as six-month delays for permits to fill a driveway. A few other municipalities statewide offer similar exemptions, from Palm Beach Gardens to the city of Tampa.
The city seeks to lure bioscience and pharmaceutical companies with its new tax exemption, says Roog, in addition to marine industry and financial services firms.
Beyond the exemption, and in somewhat of a shot against other parts of the state with less-than-stellar relationships with the business community, Roog says West Palm Beach has big goals.
Executives and supervisors at Waste Pro often walk around facilities with wads of hundred-dollar bills in their pockets.
The money is for Franklin Awards: They will randomly walk up to employees, in any department, and pass out $100 bills for good work and good deeds on the job. Waste Pro will need a lot of Franklins for its latest project, a $14.2 million expansion of its Manatee County facility. Expansion work includes $2 million on a compressed natural gas plant and $1 million for a 30,000-square-foot collection center, called a material recovery facility, with two landing docks and a 75-foot scale. There’s also nearly $5 million for a dozen new compressed natural gas recycling trucks and $2.4 million on equipment. The project also goes deeper than Manatee County work and proves how committed Waste Pro is to the region.
Corporate inversions have been in the news recently with the latest being the failed Pfizer-Allergan deal.
Moreover, inversions have been demonized in the political debates as an un-American tax loophole. A corporation headquartered in a country with a worldwide taxing system would pay tax on 100% of its worldwide income whereas a corporation headquartered in a territorial tax country would only pay tax on income earned in that country. Over the past 40 years, there has been a global shift from worldwide to territorial taxing schemes. The timing of income recognition for foreign earned income is another tax issue for multinational corporations. This deferral incentivizes corporations to not repatriate earnings back to the United States.
As an example, if a corporation in the 35% income tax bracket repatriates $1 million of foreign earned income, it will owe $350,000 in United States income tax. The argument for the United States maintaining a worldwide taxation system goes back to a theory that the federal government provides its corporate citizens with protections such as secure shipping lines and worldwide legal patent protection. This argument is valid but yet multinational corporations are operating in a competitive global environment where a heavy tax burden could be the difference between success and failure. A tax loophole generally has the connotation of an omission in the law that allows someone to circumvent the intent of the law.
A Pennsylvania-based real estate investment trust has spent $34.12 million to acquire a pair of Tampa-area self-storage facilities amid ongoing consolidation in the sector. In a sign of how vibrant the self-storage market has become since the economic recession of the previous decade, Tampa Storage paid $17.52 million for the same properties in November 2012, property records indicate.
Self-storage facilities throughout Florida have gained value as household formations have increased and as apartment development has exploded in recent years.
The acquisition by Cubesmart, a REIT that controls 709 storage properties nationwide and more than a dozen along the Gulf Coast, also comes amid tremendous consolidation in the self-storage sector.
In Florida, the company owns nearly 80 properties, according to its website, clustered primarily around Miami, Orlando and Jacksonville. In all, Cubesmart is now one of the top four owners of self-storage properties nationwide, according to an industry trade magazine.
Capping nearly a year of negotiations with Kansas-based resort owner SLAB LLC, the Kolter Group has unveiled plans for an 18-story residential tower adjacent to the Ritz-Carlton Sarasota hotel.
The Grande, as the West Palm Beach-based developer’s latest Sarasota offering is being called, will feature 86 luxury residences priced from $2 million to $5 million.
The project will contain a series of three- and four-bedroom units with amenities ranging from a rooftop swimming pool to a modern fitness center. Kolter expects to begin construction a year from now on the project, which is being designed by San Francisco architect SB Architects and marketed by Sarasota-based realty firm Michael Saunders & Co. Like other Ritz-Carlton-related residences, Grande buyers will be able to access amenities and services tied to the Marriott International hotel brand.
Kolter’s Grande announcement comes as it is finishing one Sarasota project and embarking on a pair of other Gulf Coast mixed-use towers.
Also in downtown Sarasota, Kolter has begun selling units in The Mark, a 12-story complex slated to contain residences, retail and office space.
So says Larry Feldman, CEO of Feldman Equities LLC, who together with Tower Realty Partners owns a handful of office buildings in the downtowns of the two cities, including the First Central Tower, Morgan Stanley Tower and City Center building in St. Feldman and Tower also are refining designs for Riverwalk Tower, a planned 52-story project that will combine ground-floor retail, upscale residences and Class A office space into Tampa’s first mixed-use tower and the first downtown office building since 1992. Feldman’s comments came during Pulse 360 Tampa, an event attended by more than 200 on April 21 sponsored by commercial real estate services firm JLL. Jubal Smith, executive vice president of JLL’s business incentives and site selection practice group, noted Tampa ranked 10th in the U.S.
And Juliet Potter, a JLL vice president and its director of research, says Tampa’s fourth quarter growth, year over year, was nearly double that of the U.S.
When Cheney Brothers unveiled plans four years ago to develop a state-of-the-art distribution center on 35 acres adjacent to the Punta Gorda Airport in Charlotte County, more than a few logistics experts were puzzled.
Though the company would receive more than $1.5 million in state and county financial incentives to sweeten the deal, and its planned warehouse would be located next to Interstate 75, the concept hardly seemed to make sense. Gulf Coast distributors traditionally locate either on the Interstate 4 corridor, between Tampa and Orlando, to the north, or in Fort Myers, to the south in Lee County. Cheney Bros.’ warehouse also is spurring a larger discussion in some quarters about logistics in a state where population — and vehicular — growth are causing strains on existing road networks and elongating the time it takes to ship goods from place to place. From Punta Gorda, a 345,000-square-foot warehouse that has the potential to be expanded to 550,000 square feet, Cheney Bros. Kostas Stoilas, an industrial real estate specialist with real estate services firm CBRE Inc., says Cheney Bros. Its trucks contain GPS devices and can be redirected based on constant intelligence from a central monitoring source. Inside the 36-foot-clear warehouse, workers buzz around on modern forklifts, picking out boxes from three stories up. And while Punta Gorda is the family-owned company’s newest distribution center, it isn’t its largest. The facility currently employs 280; it won’t reach full capacity until 400 are employed there. The University Town Center corridor has seen tremendous retail growth this cycle, and the area has successfully become its own retail node. How much retail space does Benderson own or control now surrounding the Mall at University Town Center? There’s about 2.5 million square feet of retail space currently, and another 175,000 square feet of office space, along with a pair of operating hotels and soon to be a third, with Homewood Suites opening near the mall with 133 rooms this fall. Total additions to what’s there now call for another 600,000 square feet to 700,000 square feet of retail space, and we have plans for another 320,000 square feet of office space, along with another three hotels, excluding the Homewood Suites.
Well we never know what the future will bring, but we consider the Market at UTC to be fully built out now.
It all goes back to the original approvals we received, which called for a dense, urban-like area. What’s the status of the movie theater and entertainment district that’s being planned on University Parkway? Anecdotal evidence suggests the restaurants at the mall have done much better than originally expected.
The focus now will be on enhancing what we have there now, and most important on that list are planned road improvements to improve accessibility and traffic flow.
That’s a project that is being undertaken by Benderson Development; it’s not a county road project. Bush is point man for a major overhaul of TriNet’s 90,000-square-foot campus in east Manatee County’s sprawling Lakewood Ranch. The primary goals of the overhaul: to improve productivity and enhance collaboration, with a concentration on making the company a place millennials want to work.
The project also has the potential to transform the office of one of the largest private employers in Manatee County. TriNet is one of the largest professional employer organizations in the country, with $2.6 billion in sales in 2015. Professional employer organizations, sometimes called employee-leasing firms, take on multiple management tasks for clients, including employee benefits, payroll and workers’ compensation.
San Leandro, Calif.-based TriNet expanded to Manatee County in March 2009 when it bought Gevity, a competing PEO, for $98 million. But four years ago a group of entrepreneurs and city economic development leaders turned the year into the name behind an experimental workspace for digital and tech startups. While the center has received national press, in addition to visits from dozens of global business icons and politicians, another key component is its hip and modern millennial-driven office layout. Joe Bush, an executive with the Lakewood Ranch office of TriNet, a human resources outsourcing firm, took a tour of 1871 last year. Basic components of 1871 include open seating, large picnic-like tables for group meals and specially designed private lounges.
The area has proved a good fit for the maker of colloidal silver supplements, used by consumers for everything from building up their immune systems to dealing with gastrointestinal issues. The new facility allows Natural Immunogenics to have all aspects of the company self-contained at one location. The site’s larger size and increased capabilities also help the firm keep up with consumer demand for its products. Natural Immunogenics has almost 60 employees, adding hires in areas such as operations, human resources and sales. MacCuspie will spearhead the company’s research on the usage of nanotechnology and new product development.
While some folks did move from Pompano Beach with the company, many hires came from the area.
Venture capitalists boosted their investments in Florida-based companies by 50% in the year ending March 31, according to an analysis of Florida deals by market tracker InternetCoast using data from PricewaterhouseCoopers, the National Venture Capital Association and Thomson Reuters.
The recent $800 million round of funding of Dania-based Magic Leap skews the numbers, Gregory acknowledges. Venture capitalists invested $855 million in 16 Florida companies in the first quarter this year. The acquisition will help Panoptic expand and develop its business-to-business advertising, a statement says. Jason Stanard, former president of GreatCirle, will join Panoptic as a member of the board in a non-executive role.
McKibbon Hospitality, a Tampa-based hotel developer, owner and manager with dual headquarters in Tampa and Gainesville, Ga., made several changes to its corporate management team.
McKibbon Hospitality has built and managed properties for brands including Marriot, Hilton and Starwood, among others. Noonan was previously a community representative on the board’s finance committee, according to a statement.
Noonan’s other local experience includes time as president of the Deer Creek Community Association’s board and as community representative on the Palmer Ranch Master Association. Founded in 1925, the Sarasota Memorial Health Care System is governed by a nine-member hospital board. Lakewood Ranch-based Dental Care Alliance is continuing its national growth with the affiliation of five new dental practices, a statement says. Three of the five new practices will be in Florida, with one in Boca Raton, one in Fort Lauderdale and one in Orlando.
The National Retail Federation named Chico’s FAS executive Miki Berardelli chairwoman of its marketing council.
Berardelli, president of Chico’s digital commerce and the company’s chief marketing officer, will serve a two-year term, according to a statement.
The federation established the council in 2013 for C-level and senior marketing executives and serves as the primary marketing and advertising voice of the retail industry.
The program, Lee Entrepreneurs’ Assistance Resource Network, will help bring small businesses and entrepreneurs together with supporting organizations to “promote the establishment, retention and expansion of businesses in Lee County,” a statement says.
LEARN has an online resource center to provide business owners with information, contacts and resources ranging from workforce development to social media to legal matters. Writing a book is no small endeavor, so you’ve got to wonder how Theo Etzel found the time. The 192-page book, “Invest Your Heartbeats Wisely” (Greenleaf Book Group Press, $19.95), took two years to complete.
Etzel estimates it cost about $30,000 to hire the writer and work with the editor and publisher at Greenleaf to print the first edition of 4,000 hardback copies.
Etzel says he devoted many early mornings to writing and editing, driven by a desire to write down his management philosophy for an audience that includes his family.
Etzel, who tells readers in his book he hates being called “boss,” offers management guidelines based on biblical principles. Readers gain insight into how Etzel runs Conditioned Air and sets it apart from less scrupulous competitors. Here’s a sample of the management advice you’ll find in “Invest Your Heartbeats Wisely,” a new book by Theo Etzel, the president of Conditioned Air in Naples.
A sound exit strategy and a plan for succession are critical for the health and well being of your company. Toastmasters International, a nonprofit that helps people improve communication and leadership skills, will host a conference in Tampa from May 13 to May 15.
The first day of the event will feature a table topics contest, which tests each speaker’s ability to answer questions “when they have no clue what’s coming,” says Brenda Alloco, chairwoman of the event. Day two of the conference, May 14, features a series of workshops that include podcasting, public speaking and networking, among others.
Ten years after he engineered the blockbuster purchase of Babcock Ranch, Syd Kitson and more than 600 of his closest friends recently celebrated the start of the 19,500-home project on the county line Charlotte and Lee.
In a deal with Florida Power and Light, Babcock Ranch will be powered with solar energy from hundreds of thousands of panels on a nearby 443-acre tract.
Eric Silagy, president of Florida Power and Light, recounted Kitson’s determination to see the project through in remarks to the crowd inside a giant tent. Of course, Kitson acknowledged the project stalled during the recession, when Evergreen Real Estate Partners of Chicago stepped in to back the project when Morgan Stanley pulled out. The recession, supposedly, put a dent in wild and crazy expense reports, from lavish hotel stays to extravagant lunches. But the nuttiest of nutty ones, according to one new survey from human resources consulting firm Robert Half Management Resources, might be making a comeback.
Hird and other Robert Half Management Resources experts suggest companies take steps to avoid outlandish expenses, starting with being sure to have simplified guidelines of what’s allowed and what isn’t allowed.
Few communities in Florida have earned the kind of positive national recognition as Seaside.
The Florida Panhandle town, designed by Andres Duany and built from scratch near Destin, earned Time magazine’s development of the decade award in 1990 and the Urban Land Institute’s highest honor.
Now, Palm Beach Gardens-based developer Kitson & Partners has tapped Seaside’s former CEO, Rick Severance, to build a new town from the scrubland on the Charlotte and Lee county line called Babcock Ranch.


The story of Babcock Ranch is well-known: Kitson, backed in 2006 by Morgan Stanley, engineered the purchase of the 91,000-acre ranch for an undisclosed sum and sold most of the land to the state for conservation for $350 million. Evergreen’s commitment to seeing the project through was a big draw, Severance acknowledges. That’s critical because the upfront cost to develop a town the size of Babcock is significant.
Meanwhile, Florida Power and Light is building a solar-energy field on 440 acres on the north side of Babcock Ranch to power the entire town. Severance, 48, is a seasoned operator with experience on a variety of developments beyond Seaside. That’s important because Babcock Ranch will have to weather the inevitable ups and downs in the economy. That’s why Babcock Ranch is phasing the development and will adjust its plan as the economy warrants. Bonefish Grill, one of several chains in Tampa-based Bloomin’ Brands restaurant portfolio, could be climbing back after a rough start to the year.
Bonefish, what Bloomin’ Brands CEO Liz Smith calls polished casual, posted declines in same-store sales the last three quarters of 2015. Smith, in a February earnings conference call, says the high customer satisfaction surveys on Bonefish doesn’t match the sales declines. Bonefish officials declined to talk about the overall marketing campaign, citing competitive reasons.
If you’ve ever found it challenging to pick a mobile phone plan, try your hand at being in customer service and helping a customer navigate through dozens of choices. Now, Fort Myers-based speech analytics firm CallMiner has developed a product called Eureka Live that can help call center workers analyze customer speech in real time, track their own performance and guide them to perform more efficiently. CallMiner’s technology is also attracting investors who are enthused by the company’s prospects. For a technology company like CallMiner, the capital is critical for the developments of new products like Eureka Live.
Leahy says the most recent round of capital investment means the company has reached a new level of maturity because growth-oriented investment firms such as NewSpring invest in more mature businesses than the more speculative angel or venture funds. Leahy declines to cite specific revenues, but says he expects CallMiner to post sales in the mid-$30 million range.
As a result, CallMiner recently moved into expanded office space in Fort Myers, where employees have taken to decorating the space with human-sized cutouts of their favorite characters, including Darth Vader and Homer Simpson.
Since its founding in 2002, CallMiner has helped turn call centers into goldmines for information about their customers. Although Continental tasked Gallino to find references to partner airline Emirates, he took it a step further by identifying other trends in the conversations. Early in CallMiner’s development, Gallino almost sold the software he had developed to a rival, but a deal to do that fell through. Another software product called myEureka helps managers of customer service centers track the performance of agents and coach them using mobile devices they can carry around the call center. The most current version of Eureka helps companies analyze thousands of conversations in real time, providing instant feedback to customer service agents and managers. Call centers are no longer viewed as expenses but as goldmines of information for companies whose agents are the front lines of customer contact. The advantage to real-time analysis is that it gives agents opportunities to tailor conversations so that companies can better retain customers and tailor products for them. Now, CallMiner can also analyze online chats, emails and tweets as social media becomes a more important communication channel. A big reason for the success of this software is the availability and falling costs of high-speed computers. CallMiner recruits linguists and software developers and Leahy says the company has had success recruiting graduates of Florida Gulf Coast University in Fort Myers and others who want to move here. Entrepreneurs with ideas that might help track terrorists or dangerous foreign spies may find an unusual source for venture capital: the Central Intelligence Agency. The CIA created In-Q-Tel in 1999 because it recognized that funding promising technology startups would be beneficial for defending the country. Since 1999, In-Q-Tel has invested in venture-backed companies that develop innovations that might benefit the U.S. In 2005, In-Q-Tel made an undisclosed investment in CallMiner, the Fort Myers speech-analytics company. In-Q-Tel remains an investor today and has a license to use the technology, says Terry Leahy, CallMiner’s CEO. The idea behind F*ckUp Nights, and its more family-friendly name, FUN Tampa Bay, is to share common, and sometimes not-so-common, mistakes entrepreneurs make — and how they overcame the calamities. Here are three stories entrepreneurs Justin Davis, Meredyth Censullo and Chris Fasick shared at the latest installment of F*ckUp Nights Tampa Bay, held April 21 at the Rialto Theater.
After working with an accelerator program and participating in several business pitches, it seemed everything was lined up for Justin Davis’ brand advocacy app, Drawer. The app allowed users to mark cool restaurants and places they wanted to visit, and evangelize about the places they loved. But there was a problem: Davis, who runs Tampa-based Madera Labs, a user experience Web design company, wasn’t tracking “real” users. A Business Observer 40-under-40 recipient in 2013, Davis says he should have talked to users to understand what they would actually use, instead of focusing so much on pitch competitions. Meredyth Censullo, an 18-year television veteran, says her biggest f*ck up was not making things clear in her contract.
The issue goes back to 2009, when Censullo, a Tampa area traffic reporter, started to broadcast traffic updates through what was a brand new medium: Twitter.
Soon Censullo had her picture and Twitter handle broadcast not just on air, but on a billboard in Tampa.
After six months of relationship building, Chris Fasick scored a big gig with the Tampa Bay Lightning in 2014 for his company, Premier Photo Booths. The company has grown quickly through customized photo booths at events that let people instantly upload a photo with a logo to personal social media newsfeeds.
For the first game, Fasick says the company showed up and realized the Internet wasn’t strong enough to upload photos immediately to social media. Everything was all set — until a representative from the NHL stopped by and told them outside networks weren’t allowed in the stadium during a playoff game. Brazilian entrepreneur and onetime Tampa area executive Marco Franca is an international business development expert who also loves a good meal.
So when he and his wife, Grace, moved to Lakeland two years ago, it was quickly apparent his appetite for a meal like “back home” wasn’t going to be satisfied in Polk County. Sensing a business opportunity, Franca recently branched out from mergers and acquisitions to a new venture: an upscale Brazilian-style restaurant.
The restaurant, named after a spot on Rio de Janeiro Beach, will seat up to 500 people in total. Franca worked with area business coach Dick Pellegrini and Larry Ross, a business professor at Florida Southern College in Lakeland, on the Posto 9 business plan. Franca realizes the restaurant business is littered with high-hopes-turned-failures, but he’s confident Posto 9 will last. The number of construction workers along the Gulf Coast is rising rapidly, according to data from the Associated General Contractors of America. Just two regions statewide — West Palm Beach-Boca Raton-Delray Beach and Crestview-Fort Walton Beach-Destin — posted year-over-year decreases.
The PGT-owned facility, at 101 Triple Diamond Blvd., will be operated by the Venice branch of the SKY Family YMCA, a statement says. Including the land acquisition, the total cost of the project will be $1.9 million, the statement says.
FORT MYERS — Cancer-testing laboratory NeoGenomics posted 159% quarterly revenue growth, boosted by its recent acquisition of rival Clarient from GE Healthcare. The Fort Myers-based company reported net income of $155,000 on revenues of $59.7 in the quarter ending March 31. NeoGenomics has been investing in new growth opportunities following the Clarient acquisition. In addition to Fort Myers and Tampa, NeoGenomics operates labs in California, Tennessee and Texas. TAMPA — Shell construction contractor ODC Construction named Zac Merriman the company’s chief financial officer.
Merriman, who has been an equity partner with ODC since it was founded in 2011, will oversee the company’s financial operations, including financial reporting and forecasting, capital allocation, cash flow management and purchasing, according to a statement from the firm.
Debbie Whiteaker began her career in the boating business in November of 2004 when she joined her husband, Ed, in operating a new boat sales and brokerage company in Tampa Bay. Gary MonnellFor over 16 years, Gary has been a successful yacht broker here in the Tampa Bay area.
William MayberryWhiteaker Yacht Sales is proud to have William Mayberry on our team of yacht brokers. Mike Fauser started sailing in 1974 while he was training at the Seafarer’s International, Merchant Marine School in Piney Point, Maryland.
Bob UnderwoodWhile attending the University of Georgia Bob Underwood bought his first boat, a "Snappy Lateen Rigged" Lockley 12ft board boat from a hardware store in Athens, Georgia. That pleasant voice you often hear on our phone is our Operations Manager, Jeanelle Phillips. Jeanelle grew up in Indianapolis, Indiana and she has been drawn to the boating life since coming to Florida in 2001.
For the past ten years, Tom Brinkley has served as the Southeast sales representative for Outbound Yachts.
Preston Wright began his 35 year career in the marine industry, when he laid the keel on a 44 ft.
Preston has sailed in the Pacific Northwest, Columbia River, Southern California, Baja Mexico, and recently he and his wife spent a year out cruising on a Tartan 37 from Long Island, NY to Georgetown in the Bahamas.
Preston holds a USCG Masters License, and has been a successful yacht broker before joining Whiteaker Yacht Sales. Hayden Cochran has enjoyed sailing and racing sailboats since 1981, finishing second at the 1986 Buccaneer National Championships in Michigan. 2013 Carver 54 Voyager If you are in the market for a like new Motoryacht you must see this Carver, she shows in truly like new condition. PEMCO, which has had a presence in Dallas since 2014, will provide its services primarily to small and mid-sized companies. We are blessed to have such great supporters for our students, faculty and programs,” says Chris Simoneau, vice president for advancement and executive director of the FGCU Foundation, in a statement.
The Grand Rapids, Mich.-based credit union also saw an increase in its membership and in market growth.
Now the director of economic development for the city of West Palm Beach, Roog is part of a team that aims to change that perception — and reality. On move in particular: City residents, by more than a two-to-one margin, approved a referendum in March that allows officials to exempt new or expanding businesses from up to 100% of city property taxes for 10 years. But Roog says the West Palm Beach measure, combined with an aggressive marketing campaign, will help the city woo businesses to town, both from other parts of Florida and nationwide. Also, following activity in places such as Hillsborough and Polk County, the city will target a distribution and logistics center for the exemption, says Roog.
Zoning ordinances, for example, have been toned down to encourage development and density rules have been relaxed.
Scheduled for completion by July, the expansion is partially to meet the needs of an extension in its contract with Manatee County.
Longwood-based Waste Pro, with about $600 million in annual in revenues, contracts in eight Southeast states and 2,800 employees, expects to hire 20 people in Manatee for the new contract. There are two general methods used to tax income earned abroad by multinational companies: worldwide and territorial. The worldwide tax system gives companies a tax credit for tax paid in foreign countries, but if the tax rate in the home country is high, the company will pay the difference.
Most of the Organization for Economic Cooperation and Development (OECD) member countries use a territorial taxing system.
For example, Ireland, another worldwide taxing country, has a top marginal tax rate of 12.5% on business income. The corporate officers can remain in the United States and all operations can remain the same.
The corporation has already paid $200,000 of foreign tax on this income and will get a foreign tax credit for this amount but will still owe the difference of $150,000. A corporate inversion is a legal method to reduce taxes, and as corporations and their leadership become more global, the decision to stay in the United States will have less pull than lower taxes.
These benefits come at a cost, and the corporations receiving the benefits should share it. She has 33 years’ experience helping her clients navigate the vast federal tax system and has worked with businesses as varied as Fortune 500 companies to small sole-proprietors.
Prior to its March acquisitions, Malvern, Pa.-based Cubesmart owned just four properties in Lutz and Tampa in Hillsborough and Pinellas counties. Of the more than 140 units in Vue Sarasota Bay, a $300 million, twin-towered project that also contains a 255-room upscale hotel near the Ritz-Carlton, only about two dozen remain for sale. Punta Gorda also knows whether a truck is in motion, idling too long, or if there’s been a sudden decrease or increase in weight. Some 35 trucks a daily supply the facility, bringing in goods in the morning for redistribution to clients each afternoon.
The vision is not complete yet, and there’s a lot of development to come in future years, but the area has absolutely fulfilled the vision that began in 1998 when Nate Benderson first bought the former outlet center there off University Parkway.
They had faith in the area and believed in it, and in what the entire corridor there could become, and that was just the beginning. The hotels are being added because Nathan Benderson Park has become a huge driver of sports tourism, along with the IMG Academy, the Premier Sports Park and other venues. Cattlemen Road, which bisects the entire area, has become a tremendous retail area, because there’s more traffic and more eyeballs on it. Are there plans to add restaurants similar to Seasons 52 and Capital Grille in the vicinity? To do that, we’re putting in two roundabouts and an access road to alleviate a stacking problem that has arisen at times. But a futuristic office, where salespeople collaborate naturally, call center employees aren’t crammed into each other’s workspace and a massage is only an elevator ride away.
The TriNet project, which began earlier this year and is scheduled to last at least until mid-2017, will cost more than $1.2 million. TriNet has around 520 employees in Lakewood Ranch, says Bush, which is about 25% of the entire company. For example, one sales group will get a new floor of desks laid out in several snake-like formations instead of rows and columns. Cubicle heights will be lowered and in some cases eliminated, says Bush, and chairs will be ergonomically correct. Bradenton-area entrepreneur Bill Mullis, an early PEO pioneer, founded a predecessor company to Gevity in 1984, Staff Leasing.
The hub, 1871, has since grown into a technology center that covers the 12th and 13th floors of The Merchandise Mart in Chicago’s Near North Side neighborhood. The manufacturer of mineral hydrosol health supplements had outgrown its 11,000-square-foot facility in Pompano Beach. Natural Immunogenics relocated to a site off Tallevast Road near Sarasota Bradenton International Airport in September 2014. Another plus: Manatee County economic development officials provided valuable relocation assistance to the firm. Those include its Sovereign Silver dietary supplements and first-aid gel and its Argentyn 23 professional line of colloidal silver products, available only through licensed health care practitioners. At the National Institute of Standards and Technology, he focused on nanomaterial environmental health and safety and silver nanoparticles. That was the best quarterly performance since 1996, except for the bubble years of 1999 and 2000. As part of the deal, Panoptic will retain the offices and staff from Clearwater and GreatCircle will continue to trade as a direct division. Oates has been with the company since 2001 and will work with the development and design teams. He fills the seat vacated last month by Alex Miller, who stepped down to run for the District 72 Florida House seat. She succeeds Kathy Doyle Thomas, executive vice president and chief strategy officer for Half Price Books.
Berardelli joined Chico’s in 2014 after having served as chief marketing officer for Tory Burch and senior vice president of marketing for Ralph Lauren.
He’s the president and CEO of Conditioned Air, growing the company to $45 million in revenues last year.


Etzel enlisted the help of a ghostwriter, a professional who has written other books of this nature. The entrepreneur is well known in Naples for his talks on management with groups of CEOs such as Vistage and Ancora. Those include prospective customers and employees of Conditioned Air as well as a guide for others in an industry that has seen its share of shady operators.
Much of it is common sense, but it is a refreshing break from the data-driven management books that populate the bookstore shelves today. In practical terms, for example, he explains how the company’s technicians don’t earn commissions on equipment they sell and have no sales quotas that might tempt them to charge customers for unnecessary parts. Prospective employees who read Etzel’s book may be encouraged to apply, an important tool now that their skills are in high demand.
The event, at the Tampa Airport Marriot, is scheduled to have multiple competitions and workshops with specific educational purposes.
Alloco tells Coffee Talk the think-on-your-feet style contest can help in an interview setting. To wit: chief financial officers nationwide, the survey reports, have seen employees ask for reimbursement for everything from rental homes to beef in bulk to toilet paper. After that, make sure employees know two basic rules: Don’t surprise the boss by submitting something unusual without prior verbal approval, and go with grandma. Chicago-based Evergreen Real Estate Partners has committed $350 million to its partnership with Kitson to build a 19,500-home community on a tract of land the size of Manhattan, Babcock bond documents show. He retained nearly 18,000 acres on which to build Babcock Ranch and held it through the recession, swapping Evergreen for Morgan Stanley as its financial partner. Bond documents show the first phase of the town alone will cost $125 million, including more than $33 million for amenities that include a charter school, a restaurant, a wellness center, an outfitter’s store and co-work office space. He’s been called on to boost the performance of communities from Destin to the Cayman Islands. That may include sports, entertainment and corporate relocations (there’s room for 6 million square feet of commercial space, enough to fill about 100 football fields). Small details such as how traffic flows or how pedestrians interact with vehicles are critical, he says. The 30-second spots follows Bonefish servers, called anglers within the chain, while they work with customers. Founded 14 years ago in Fort Myers by Air Force veteran Jeff Gallino, who currently serves as chief technology officer, the company today analyzes 500,000 hours of recorded customer conversations each day for companies looking for clues to improve customer service. Just last summer, NewSpring Capital invested $12 million in the company alongside current investors for a total of $16 million. He says the company revenues are growing at a 70% annual clip with about 200 customers across a broad spectrum of industries, from banking to mobile phone operators. Leahy anticipates growing the existing staff by 30% to 150 people this year, half of them in Fort Myers and others scattered in offices in the U.S. One of those was that a surprisingly large number of customers were calling about bereavement fares, prompting the airline to consider a program to assist those customers.
So with just $100,000 in savings, he began selling the product that would eventually become Eureka.
Managers can use the tool to provide immediate feedback to agents who need to improve performance and even score them relative to one another, boosting competitive spirit with games and prizes. The company has moved its operations to the cloud, using remote servers that allow it to maintain and upgrade software anytime. These companies, ranging from mobile phone operators to banks, now track what’s called the “customer journey” to glean their satisfaction. For example, Leahy says the hardware needed to mine 10,000 hours of conversations a day cost $25,000 three years ago.
Latin American Spanish and French are already available, and the company is working on Iberian Spanish, Portuguese, Mandarin, Cantonese, German, Dutch and Italian.
In a press statement at the time, In-Q-Tel’s president and CEO, Gilman Louie, praised CallMiner’s expertise in speech analytics.
He also wishes he had a revenue plan from day one, rather than planning to figure it out after it hit it big. She trained others in her field how to use social media and did a TED Talk on the subject at the Poynter Institute. Though she says doesn’t know what prompted a change, the news station requested her Twitter password. Through her connections she built a business that provides social media consulting work for small businesses. After a big hit event at Margarita Wars, which gained more than 137,000 impressions on Facebook, Lightning officials asked the company to supply two photo booths for seven hockey playoff games. The arena didn’t have a strong enough Wi-Fi signal and it only had one hard-line connection.
He brought in his brother, who worked for tech support at Verizon Fios, and they set up a remote Wi-Fi network.
The couple eventually began to trek to Orlando or Tampa three or four times a week for dinner. The project includes turning the building into a swanky hot spot, with exposed brick, wood and stone. The menu, which will change biweekly, will feature farm-to-table seasonal foods focused on modern Brazilian cooking techniques and dishes, says Franca. Ross agrees, saying the charm of a restored historic building, a unique menu and high-end service are all part of a successful destination dining operation. Florida as a whole saw a 6% increase in construction jobs from March 2015 to March 2016, rising from 416,600 in 2015 to 441,500 in 2016, the report says. Petersburg-Clearwater region, with an 11% year-over-year jump, had the third largest percentage increase in Florida. The 8,109-square-foot daycare center will be open six days a week and will have a capacity of 150 children. The building, which will have classrooms, sleeping environments and an outdoor playground, is projected to be open in the first half of 2017.
That compares with a net loss of $761,000 on revenues of $23 million in the same quarter one year ago. The company provides cancer tests for pathologists, oncologists, academic centers, hospitals and managed-care organizations throughout the United States.
To become a CPYB you must have been in the business for a minimum of three years and pass a rigorous exam, testing your knowledge on tax laws, ethics, escrow accounting, closings, co-brokering, and numerous other important details which are integral to a smooth transaction.
She has been involved in all aspects of the business and in 2007 received her Florida yacht broker's license. Those of you who have had the pleasure of working with Gary know of his professionalism, dedication to customer service, and knowledge of all aspects of the yachting industry. Among many other things Jeanelle has a big hand in the many fine listings you will find on the numerous sites where Whiteaker Yacht Sales advertises.
She has been an office manager for many years and before coming to Whiteaker Yacht Sales managed a large 225 slip marina in Bradenton, Florida. If you’re selling or looking to buy a boat we hope you will call Whiteaker Yacht Sales…if you’re lucky enough to speak with Jeanelle, she is sure to brighten your day. With a career history in the building of custom single family homes, the transition for Tom, in helping his clients through the decision process of their new boat purchase, was a natural. He crewed for the next ten years on a J-35, Gazzed Too, participating in buoy races and distance races on Long Island Sound. The contract, for most of the west side of the county, is to pick up single-stream recycling, where residents will have one 64-gallon cart.
Inversions, instead, are the result of differences between United States tax law and the taxing regimes of other countries. The United States is the only G-7 country that uses the worldwide taxing method for multinational corporations. A multinational United States-based corporation will generally pay more tax than a foreign-based multinational corporation. The only difference is ownership passes outside the country and the reach of United States taxing authorities is limited. As long as the inequality of the systems remain, corporations will look at the opportunity to reduce their tax burden by moving to a low-cost tax country. Riviera Beach, the site of the company’s headquarters, has a 300,000-square-foot warehouse, by comparison.
We’ve certainly been thrilled to be able to fulfill that vision to date and we’re also excited about the things to come down the road. The original vision called for a New Urbanist design, a place where people would park their cars and walk. The Windy City part comes from an inspiring trip Bush, a Florida executive for TriNet, a San Leandro, Calif.-based human resources outsourcing firm and professional employer organization, took last year.
That idea, which Bush says the Tampa Bay Rays use in its ticket sales department, will make space for 200 desks where there used to be 164. But Bush says the 1871 layout was the most impressive office he’s seen, especially in terms of inspiring collaboration among employees. The office has won several design and coolest spaces awards from Chicago-area business publications. And with no real reason why it had to stay on the east coast of Florida, the company began to look at other locations in the Sunshine State and North Carolina. While Short declined to provide any specific figures or statistics related to sales, growth or demand, he would say that the company has “more than doubled our size in the last three years,” saying that applies to all aspects of the firm. Robert MacCuspie, a research chemist, was recently named director of laboratories and senior scientist. He was also the first faculty member hired by Florida Polytechnic University in Lakeland, serving as director of the school’s nanotechnology and multifunctional materials programs.
DeWille, for example, sees possibilities for partnerships with the Ringling College of Art and Design in Sarasota.
Contestants will speak for five to seven minutes, and one district winner will be crowned, Alloco says. He sold about 73,000 acres to the state, keeping the remaining land on which to build 19,500 homes and 6 million square feet of commercial space. Only 11% of respondents have noticed a drop in inappropriate requests over the past few years, while 20% say there has been “somewhat” of an increase. On the latter Robert Half states: “Got an item that’s on the border of being inappropriate? The first phase will have 1,100 homes and residents could start moving in as early as next year.
The sales led to closures, when the company announced in February that 14 of 215 locations would be shuttered. The spots were created by a Los Angeles ad agency, and aired in markets nationwide, including Fort Myers, Orlando, Tampa, Cincinnati, Denver and Philadelphia. Today, Eureka helps companies discover what agents and customers are discussing in millions of hours of recorded conversations using CallMiner’s sophisticated software.
The organization says 70% of its 105 portfolio companies have never done business with the federal government. During presentations, Davis would show a picture of a world map with the app’s users up on the screen with little flags throughout the world.
The restaurant will include the first rooftop lounge in Lakeland, with views of both downtown and the Lake Mirror Promenade. Franca plans to spend at least $3.5 million in interior and exterior renovations, in addition to equipment. The first floor, says Franca, will have a dining area and lounge, the second floor will be an events area and the third floor rooftop lounge will have a Brazilian shores vibe. Ross adds an ally in the process is Lakeland’s low costs, which helps on expenses in areas such as construction, labor insurance and utilities. To keep this certification you must continue your education through training and education programs which will keep you up to date on the latest changes in the business. While most of her experience has been with sailboats, she is an eager fast learner and her knowledge of the boating industry grows daily.
He has been an avid boater for more than 30 years having owned runabouts, houseboats, power cruisers, and sailboats. From there he worked as a shipwright at the famous Kettenburg Marine boatyard in San Diego, and as a Boat Foreman with Christensen Shipyards in Vancouver, WA. He and his wife, Radeen, have chartered many times on the Chesapeake and throughout the Caribbean. He shares the joy of ownership at every opportunity and will assist customers with their yachting dreams as a proud member of the Whiteaker Yacht Sales team. During that period, Benderson has solidified its spot as one of the largest privately held development firms in the U.S. A new 19,000-square-foot building along Honore Avenue is being completed and the first tenants are just opening.
Clients are mostly midsize businesses, from nursery farms and architects to life sciences and entertainment companies. TriNet took over the space Gevity used in a Lakewood Ranch corporate park when it acquired the firm. To date, bond documents show the developer has invested more than $175 million in the project and will spend another $125 million for the first phase through 2019.
Also, at least 100 recipes were purged from the system, to simplify the menu and preparation.
To go along with its significant percentage uptick, the Tampa metro area employs 69,100 construction workers, the most of any region in the state.
When you work with Ed you may do so with the confidence that he has the experience and knowledge to help you through the yacht search, purchase, and closing process.
With a background in advertising, Debbie is a driving force behind the marketing of boats listed with Whiteaker Yacht Sales.
Having purchased and sold numerous new boats, Tom understands the financial magnitude of a "boat sale or purchase decision" and is committed to provide professional assistance and leadership throughout the process. Restaurants have always done well in that area, and we knew with population growth that there would be greater demand for more. But she says the news station claimed it owned her account because she worked on it during the workday.
She is committed to maintaining a reputation for honesty and to always delivering the highest level of service to the folks who choose to work with her and Whiteaker Yacht Sales. In 2001, they bought an Island Packet 35, Island Spirit, sailed to New England for 9 summers, and enjoy cruising the ICW from Maine to the Bahamas. Petersburg, from a New York firm known as Tampa Storage 17 (FL) LLC, according to state records.
In that capacity, he oversees the execution of lease commitments for Benderson’s properties in and around University Town Center, a collection of retail centers whose centerpiece is the $315 million Mall at University Town Center.
It’s a very significant cost, but obviously we want to do things right and take care and enhance the property that’s there now for tenants and customers alike. He will be instrumental in helping us achieve diversity in our listings with a wider range of vessels to choose from, both power and sail. He is a former business owner and has extensive knowledge in marketing and customer service. Those of you who have met William know he takes very seriously our pledge to provide "Exceptional Service" and to demonstrate honesty and integrity at all times. Later he began working for a local Yacht Dealer for several years before starting his own Yacht Brokerage with Sam Sevier in 2004. Let him help you buy or sell your boat and he will work with the same enthusiasm and love of the sport that he has exhibited since his college days. If you happen to work with William when buying or selling your boat, you'll be happy you did.
Bob is based in Dataw Island, South Carolina and will specialize in providing service to boaters between Savannah and Charleston.
The ample locking rod and storage boxes bait and live wells make this boat a fisherman's dream. It also has a Power Pole and a Power Jack Plate that enable the boat to be positioned precisely where the captain needs it to be when fishing. Their association with Island Packet Yachts continues as the Southeast and Gulf Coast Dealer for New Island Packet Yachts.



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