Start a Business in Marathon, FL: When it comes to starting a business, entrepreneurs must look for the place with the most potential. Whether a corporation, sole proprietorship, partnership, or LLC, having a business in Marathon, FL, is a plus for any entrepreneur. In general, setting up any form of business in Florida, US, is the initial step to building an international brand.
Entrepreneurs across the globe are interested in starting and expanding their businesses in Marathon, FL. With an urban population of 8746 (estimate), the city has a lot to offer to all emerging entrepreneurs. The main reason for this is the economic environment and flexibility of the business structure in Florida. Like most places in the US, Marathon, FL also offers business structures for all types of entrepreneurs; no matter what business you want to do, there’s a perfect solution for you. If you want to start limited liability company (LLC) or a corporation, or a sole proprietorship, Marathon, FL has a proper business environment for all.
In this article, you will read about how to start a business in Marathon and why you should choose Marathon to start and run your business. We recommend you check below the important facts about Marathon, FL; these might help you.
On this page, you’ll learn about the following:
- Marathon, FL Household Income Statistics
- Marathon, FL Education & Labor force Facts
- Marathon, FL Demographics
- How to Start a Business in Marathon, FL
- Other Things to do After Starting Your Business
- Important Marathon Stats for Starting a Business
- Reasons to Start a Business in Marathon
- FAQ About Marathon, FL
Marathon, FL Household Income Statistics
|Marathon Median household income||56008 USD|
|Marathon households with dual income earners||45.2 %|
|Marathon households $150K+ Income||15.1 %|
|Marathon households $100K+ Income||27.5 %|
|Marathon households $100-150K Income||12.4 %|
|Marathon households $75-100K+ Income||11.6 %|
|Marathon households $50-75K+ Income||16.6 %|
|Marathon households $35-50K+ Income||18.8 %|
|Marathon households $25-35K+ Income||7.5 %|
Marathon, FL Education & Labor force Facts
|Marathon residents with a bachelor’s degree (or equivalent)||23.6 %|
|Marathon residents with at least a 4-year degree||33.3 %|
|Marathon residents with a graduate degree||9.7 %|
|Marathon residents with a high school diploma but no more||27.2 %|
|Marathon residents with less than high school education||10.1 %|
|Marathon residents with some college but no more||29.4 %|
|Marathon residents with a Bachelor’s degree or higher (STEM fields)||43.4 %|
|Marathon households that own (rather than rent) their residence||51.4 %|
|Marathon residents 16 and older in the labor force||65.9 %|
|Marathon residents unemployed||7.8 %|
Marathon, FL Demographics
|Marathon residents aged 0-9||8.4 %|
|Marathon residents aged 10-19||12.5 %|
|Marathon residents aged 20-29||9 %|
|Marathon residents aged 30-39||8.6 %|
|Marathon residents aged 40-49||16.3 %|
|Marathon residents aged 50-59||17.1 %|
|Marathon residents aged 60-69||13.6 %|
|Marathon residents aged 70-79||9.2 %|
|Marathon residents aged over 80||5.3 %|
|The average size of resident families in Marathon, FL||2.89|
|Estimated population per square kilometer in Marathon, FL||399|
|Marathon, FL urban population (estimate)||8746|
|Marathon, FL municipal population (estimate)||8746|
Now that you know what makes Marathon of Florida good for business, let’s get started with the exact steps on how to start a business in Marathon.
How to Start a Business in Marathon, FL
Starting a business in Marathon, FL, needs planning, financial decisions, legal procedures, and a handful of other things. Be it a corporation, sole proprietorship, partnership, or LLC in Florida, you must go through the following steps. These steps are general steps. They are subject to change depending on the structure of your business.Generally, starting a Limited Liability Company is easy to form. Read our guide on how to start an LLC before you start your own business. Here are the steps to set up your business in Marathon.
Step 0: Decide on What Business to Start
This is the first thing you work on, the type of business you want to start in Marathon. Depending on that, you need to make your business plan. Apart from the legal documentation and process, you must include the following points in your business plan,
- Through market research on demand trend
- Complete Budget plan – funding your business. If you’re planning to start an LLC, then take a look at the cost of LLC
- What competitors are doing
- SWOT Analysis – check what your Strengths, Weaknesses, Opportunities, and Threats are
- Your targeted buyers
Once you have the entire plan with you, you can continue working on the legal structure of your business. LLCBuddy will guide you through the legal process of forming an LLC for your business. It’s very likely that you have already done this step 0, so that we won’t go deep into this step, let’s move to step 1.
Step 1: Choose Your Business Structure
The very first step after you decide on what type of business you want to start is to choose what type of business structure you want to form. You can form an LLC, a sole proprietorship, a corporation, or a partnership. Each type of structure has different rules and regulations. For example, if you want to start a Florida LLC, there are different types of tax and fee structures. An LLC formation is similar to forming a sole proprietorship. On the other hand, forming a corporation is much more complicated. The tax and fee structure is completely different in corporation formation.
Step 2: Name Your Business
The next step in forming a business is to give it an appropriate name. Having a business name is not so easy task. You cannot pick a random name for your company. One has to follow proper naming guidelines before they name their company. Besides, before you settle a name, you must check if the name you are looking for is available to use. You can visit the official government site of Florida to do the Florida LLC name search before you pick the available name. Below are some of the naming rules you need to follow,
- You cannot name your business that has words or phrases like Bank, University, Government, or anything that can confuse people with a government sector.
- If you are forming an LLC in Florida, then you must include words like “LLC,” “LC,” “LLC,” “Liability Company,” and “L.L.C.” If it is an LLP, then you must include “LLP” in your business name.
- The name should reflect the nature of your business. Any name that can confuse people should not be picked.
- You can check if the name of your company is available. Through the business name search process, you can search if the desired name is available for use or not.
- You can reserve your business name for a certain time before you form your business in Marathon, FL by filing a name reservation application.
The above-mentioned points are basic naming rules that all businesses have to follow while naming their company. As mentioned above, these rules are subjected to change depending on the structure of the business.
Step 3: Get a Registered Agent
A Registered Agent is a person who receives all types of legal and official documents on behalf of the business. Whether a suit against your company or formation-related documents from the state, a Florida LLC Registered Agent is responsible for receiving these documents at his/her official address. In general, anyone who has the right to conduct business in Marathon can be a registered agent. However, there are some requirements to becoming a registered agent.
- The person has to be 18+ years of age.
- Must be a citizen of the Florida
- Must have a physical street address in the Florida
- Must have legal rights to conduct business in the Florida
Anyone who fulfills the requirements can be a registered agent. Also, anyone from the company, your spouse, any relative, or yourself can be a registered agent. But, it is recommended that you hire a professional registered agent to look after your documentation. You can choose from the best LLC services that also offer registered agent for LLCs.
Step 4: Register Your Business
The next step is to register your business under the Secretary of State, Florida. The Articles of Organization (or certificate of incorporation) of your company should be submitted online, by mail, in person, or by fax to the Florida SOS. You need to pay the state filing fee either by Credit Card or by check to the SOS while registering your business in the Marathon, FL. Your Florida LLC articles of organization should have the following details about your business
- Company/Business name, address
- Registered Agent Name, address
- Member-managed or manager-managed (in case of LLC)
- Type of business
Depending on the type of business structure, you may have to add some more information to the formation document.
Step 5: Write the Operating Agreement
An operating agreement is a document that has all the structural information of your business. In most states, it is not mandatory to create an operating agreement. However, it is highly recommended to have one as an internal document. This document records information such as,
- About Business
- Members and management
- Capital contribution
- Profit Distribution
- Change of membership
In future, if any member wants to leave the company or you want to dissolve the business, then the Florida operating agreement has everything recorded, from clauses to contributions.
Step 6: Obtain EIN
EIN or Employer Identification Number is required to file taxes, open a business bank account, and if your business has employees. EIN can be obtained from IRS. It is a 9-digit number similar to Social Security Number. However, EIN is different from SSN. It is solely used for business purposes, especially for general tax filing. You have to fill out the form and submit it to the IRS website. It does not cost you anything to obtain EIN.
Step 7: Get Business Bank Accounts
Once you obtain the EIN for your business, you are free to open a business account in the US. Having a US business bank account can ease your business transactions in Marathon, FL. It increases your business credibility and liquidity. It will also be helpful for business loans.
Step 8: Create Your Business Website
Business websites are as important as your business structure. It is necessary to have a catchy business website with all the information regarding your company. Along with the website, you need some more things. Things such as logos, business cards, business emails, domain names, and social media accounts are needed to promote your business. You can hire a professional business service to get all of these services under one roof.
Other Things to do After Starting Your Business
- Once your company is set in the Marathon, Florida, you need to file your taxes and apply for licenses (if needed).
- Apart from the license and permits, you need to get insurance for your business. Such as General Liability Insurance, Professional Liability Insurance, and Workers’ Compensation Insurance are some of the insurances you need to get if you are about to start an LLC.
Important Marathon Stats for Starting a Business
Before you start a business in Marathon, it is required that you know some facts about the city. Following are some of the stats to consider before starting a business.
Education & Employment
Marathon has a diverse population that comes from various educational backgrounds. There are students who haven’t finished their high-school education, whereas there are people who are more than just college graduates. Check the table (Education & Labor Force) for detailed data. From the data, it is clear that the city has enough educated and skilled people who can contribute to the labor force.
As we talk about the urban population density, the young population percentage in the city is approximately 9 (people in their 20s) and 8.6 (people in their 30s). This means that having any business that is new and tech-based might be profitable. The median age of the population in the city is 47.7. On the contrary, if anyone wants to start a business that is related to any old-age service, such as caregiver, primary old-age support, or something of a similar sort, then Marathon has approximately 5.3 (people in their 80s and above) percent of old people. Check out the table (Demography) above for more information.
Another important factor to mention about Marathon is the home value of owned properties. The average value of owned houses is 516750. Also, the percentage of people living in their own houses is 51.4. This reflects the real estate market of the city. For a metropolitan city, this is a considerable number.
It is inevitable that living in a big city is different from living in a town or a comparatively smaller city. It directly affects lifestyle and health. It is obvious that having health insurance is important, no matter which city or region you are residing in. But there are people in Marathon who still do not have health insurance. The rate of people not having health insurance is 19. This depicts the lifestyle and overall health demography of Marathon. As you plan to start your business in this city, you must consider this stat as well.
Income & Lifestyle
The income pattern of the people in this city is given in the table (Income) above. In Marathon, a part of the population has a dual family income that reflects a better standard of living. As in, people have more than one source of income. The table above shows the income percentage of various slabs.
Similar Read – How to Start Business In Fitzgerald, GA
Reasons to Start a Business in Marathon
Marathon offers a bunch of business-friendly services for entrepreneurs. A proper business environment, skilled labor, tax advances, deductions, and much more are awaiting if you are interested in starting your business in Marathon. Here are some of the reasons,
Stable Economic Growth
Marathon or any other city in Florida has stable economic growth and an environment that helps any business to grow successfully. The economic structure of Florida shows not only balanced but also a sustainable condition of economic growth, which in turn triggers the businesses to flourish in the state.
Minimize Personal Liabilities of the Entrepreneur
If you’re considering starting an LLC in Marathon, then it will be your best choice. An LLC protects your personal assets and minimizes your personal liabilities. This is one of the many reasons why having an LLC in Marathon is a wise choice. Also, if you are opting for an LLC, the tax deductions will be more than having a corporation.
Federal and State Tax Relaxation
There is a series of federal taxes that an entrepreneur has to pay when operating a business in the US. Depending on the state your company is located in, the state taxes are being imposed. For an LLC, both of these taxes are much lower compared to other business structures. Along with tax impositions, some tax deductions (state-wise) lower the filing fees and other government charges. Check out the Florida LLC tax structure to know more about the tax structures for LLCs in the state.
Government Incentives for Entrepreneurs
Federal and state governments in the US ensure that entrepreneurs get a proper business environment in the state or city they are operating their business. The government provides a few incentives to the business holders in Florida or any other state. That means if you are operating any business in Marathon, then Florida State will provide an incentive for creating jobs, contributing to the state’s GDP, and/or balancing the state’s tax structure.
Low Corporate and Other Business Taxes
Corporations and other business structures (except for an LLC) are liable to pay a corporate tax in Florida. Also, there is a Sales Tax that all businesses, including LLCs, have to pay. However, the rate of taxes is very low. Besides, as the businesses receive incentives, the tax burden gets lower.
Skilled Labour & Quality Manpower
In Marathon, it is easy to hire employees for your business. They are not only skilled but also well-educated to help your business grow. As mentioned above, the 65.9 is the percentage of labour participation. Hence, it is clear that having a business in Marathon will make a lot of difference to the existing labor force.
Demand for New Market and Industry
In Marathon, Florida, there is an uprising demand for new industries and new markets. Entrepreneurs who are willing to start a business in any of the cities of any state are given enough opportunities to stay in business. Business licensing, tax deductions, incentives, and relaxation of business taxes are some of the benefits that encourage start-ups and budding entrepreneurs to start their own businesses in Marathon.
If we follow the US Data, the median value of commute time for the residents to their work is approximately 13.1. If you are starting a business here, you must keep in mind that commutation can be a point to consider.
Intellectual Property Protection
The US government receives roughly more than 1 million applications for IPR every year. The federal government makes sure that there is no infringement of any patent or property rights. It does not matter which city in which state you are running your business. The rule of Intellectual Property Protection is the same for all. If you have a foreign business in the US, then you might get more benefits under the IPR act.
Marathon (aka ) is ranked at 3 in terms of importance. Apart from the above mentioned reasons, there are some other benefits that businesses enjoy in Marathon. For example, technological advancement, a stable political environment, renewable resources, sustainable non-renewable resources, and some more benefits make things easier for entrepreneurs to start and run their businesses. According to US Data, the percentage of young people in Marathon is 8.6. Hence, it would be great to start a business that is related to tech here as you might get a good number of clients.
Also Check – How to Start Business In La Follette, TN
Why Start Business In Marathon Florida
Located on the island of Marathon, Florida, this island city is a hub for a myriad of activities, from kayaking and paddle boarding to deep sea fishing and coral reef fishing. With its 13 islands, Marathon is an ideal base camp for a long weekend in the Keys or a summer home from which to explore the flora and fauna of the surrounding area.
The city is home to the Turtle Hospital, which offers an education centre on sea turtles. Other notable attractions include the Crane Point Hammock and Nature Trail, which is a part of Curry Hammock State Park. This town also claims to be home to the largest municipal marina in the nation, which is a great resource for a summer home on the water. As for restaurants, Marathon is home to a variety of options, from quaint waterfront eateries to trendy steakhouses. It is also home to the longest golf course in the state, which boasts a number of different tees and a plethora of hole-in-one opportunities. The most important thing to know is that Marathon is a small town with a big heart. This is reflected in the small number of residents who take pride in the community.
FAQ About Marathon, FL
You’ll need to take a few steps if you want to create your own LLC in Marathon, FL. You must first register your company with the Florida state government. Additionally, a registered agent must be chosen. By submitting formation paperwork, you may do this.
Fees to the state are more for an LLC in Marathon, FL than for a single proprietorship. The distinction between a corporation and an LLC is not well understood in Canada. In Canada, an LLC in Marathon, FL can be regarded as a company. Running an LLC is difficult.
Food trucks, coffee shops, modest real estate, and internet firms are the types of small businesses that profit the most in Marathon, FL. These are some nice small company ideas to think about if you want to establish a business in Marathon and earn some decent money there.
Compared to Houston, Florida, Marathon is a less expensive place to live. Living in Marathon is more economical because of the city’s reduced cost of living. In terms of a commercial standpoint, though, some people could find Houston more cheap. According to the person, it is quite relative.
In Marathon, FL, an LLC is a sort of company organization that combines elements of both a sole proprietorship and a partnership. Although pass-through taxes exists, LLCs do not have double taxation. Consequently, consumers may make significant financial savings.
To establish a company in Marathon, FL, you must have a few legal papers. For your firm to get off the ground, you need a general business license. Depending on the nature of your firm, additional permissions and licenses can be needed. Additionally, you must the necessary paperwork for company registration.
If you’re in Marathon, FL, a single proprietorship must be mentioned as being preferable to an LLC. The kind of company you intend to launch in Marathon, FL, however, will determine how to proceed. The decision between an LLC and a sole proprietorship may be made in light of that.
You’re in luck if you want to launch a business in Marathon, FL. There are several resources available to you. Choosing the sort of company you desire is the first step. If you’re not sure, you can always start with an LLC; it is easy to start.
It’s challenging, but not impossible, to make money quickly in Marathon, FL, or any other city. In Marathon, FL, you may increase your income more quickly by operating a well-liked and in-demand company. Real estate, dining establishments, personal trainers, and construction companies are a few excellent examples.
Marathon, FL is a difficult place for businesses to get investment. Many companies fail because they lack the funding to continue operating. Angel investors and banks do, however, provide speedy financing to help companies in Marathon, FL.
Marathon, FL, is an excellent area to go if you’re seeking for a spot to launch a business. Startups have access to a wealth of resources, not to mention tax advantages. For business owners, there are a number of excellent networking chances.
For LLCs in Marathon, FL, that employ people, a business license is required. Perhaps no business licenses are required if you work by yourself. To find out whether there are any exceptions, it is advisable to constantly check with the Marathon authorities.
In Marathon, FL, online companies are not only popular but also inexpensive to start. The least expensive businesses to establish in Marathon, FL might be online legal consulting, online selling, or online education. Additionally, you may open a home-based bakery.
Marathon, FL, is a lively, culturally diverse metropolis. It boasts a robust economy, a cheap cost of living, and a rising economy. The city is renowned for its environmental activities and is home to a large number of green businesses. Marathon is a fantastic city in which to launch a company.
It is permissible to run a home-based company in Marathon, FL. To operate a home-based company, however, several localities need a municipal business license. For that, you need to verify with the local government. You can operate your company from home, if that is permitted.
Some people in Marathon, FL may think that it’s hard to start a small business in this city. But there are many resources in the city to help you get started. One of the best is the Marathon Chamber of Commerce, which offers a variety of resources to help startups.
Yes. You must require workers’ compensation if your LLC in Marathon, FL has employees. You probably may omit this if your business is employee-free. But in Marathon, FL, it’s preferable to get general liability insurance. Florida SOS’s website is a good place to look for additional information.
In Marathon, FL, you may start a company with no money (zero investment). However, you may need to pay certain government expenses, such as filing fees and licensing fees. For further information, you should check with the neighborhood authority.
If you operate an LLC in Marathon, FL, you are exempt from paying income tax if your LLC does not generate any revenue. For LLCs, there is no company income tax in Marathon, FL. The only tax that must be paid is individual income tax.
As long as the firm is in business, an LLC in Marathon, FL has a life. The LLC will end if the firm does, which would also end the company. You must renew the LLC in Marathon, FL, on schedule in order to keep it active.
Sadly, there is no way to definitively determine if Marathon, FL needs small business insurance. This is due to the fact that each city has its own unique set of laws and rules. Contact your local government if you’re unclear if Marathon needs small business insurance.
To obtain funding for a business idea in Marathon, FL is to research what sources are available. A list of financing sources has been produced by the Marathon Chamber of Commerce. These resources include loans, crowdsourcing, and grants, among others. A technique to raise money for a business concept is via crowdfunding.
Registering your company name with the Secretary of State will safeguard your business name in Marathon, FL. You will then be able to file a lawsuit against any other company that uses your company name improperly. With the Secretary of State, you may also register your brand name and product names.
In Marathon, FL, there are several business ventures that may be launched with only $1000. You may launch an online sales company. internet retailers are another option. You could start a business that has to do with computers and technology and use a good name as your company name.
The first step in earning money with an LLC in Marathon, FL, is to register your business. You have three options for registering your business: in person, via mail, or online. You may start selling your goods and services to earn money after your LLC is established.
Most of the businesses need your 100% time and effort. Whether it is Marathon, FL or any other city in the state, if you have your own business, it won’t run itself. If you start your business at a smaller volume then you might save some time for yourself.
A few things need to be considered before you move to Marathon, FL. In addition to the expense of living, you must be aware of your employment prospects. Before going to Marathon, research your target clientele if you intend to start a company there.
With your LLC in Marathon, FL, you have a lot of options. You may spend less money thanks to this kind of company structure (as it has fewer tax burdens). In Marathon, FL, your LLC may easily generate a nice income.
Businesses in Marathon, FL who are interested in insurance should speak with an agent to see how much it will cost. It’s crucial to choose which insurance policy is ideal for your company since there are several varieties available. Inquiring with the agent is a smart place to start.
Marathon, FL’s robust economy is the key driver behind firms relocating there. This is made feasible by the city’s service industry and established industries. Given that Marathon’s economy is expanding daily, more firms are eager to relocate there.
In Marathon, FL, the answer to this question is very individualized and relies on the person. While some individuals may wish to invest for the long term, others might just want to become rich immediately. What’s best for a person ultimately depends on them.
Anyone qualified to do business in Marathon, FL is eligible to be a registered agent there. A registered agent has to be chosen in each LLC in Marathon, FL so they may receive the paperwork. In an LLC, you are permitted to act as your own registered agent.
Some popular businesses like restaurants, hotel businesses, designer apparel businesses, and so on continue to move into Marathon, FL. As the economy is growing, the chances of having big brands in Marathon are growing too.
In Marathon, FL, a living wage is roughly $50,000. Marathon would consider any salary between $40,000 and $60,000 to be livable. You may need to make more money if you wish to live a luxurious lifestyle in this city.
In Marathon, FL, there are several opportunities to earn money online. Selling goods online is one of the most common. This is a fantastic approach to generate income from home in Marathon, FL. Selling your own goods is another way to get income from home in Marathon, FL.
How Fast Can You Start Business in Marathon, FL
Marathon, FL: the Hotbed for Business Opportunities
In the captivating Florida Keys archipelago, nestled between the serene Gulf of Mexico and the mighty Atlantic Ocean, lies the charming paradise of Marathon. Known for its crystal-clear turquoise waters, captivating wildlife, and unrivaled natural beauty, Marathon is not only a haven for vacationers seeking a delightful getaway but also a thriving ground for entrepreneurs longing to embark on a new business venture. With its strategic location, supportive community, and diverse economy, Marathon has earned its place as a hotbed for business opportunities, effortlessly enchanting both pioneers and seasoned investors alike.
One of the key reasons that make Marathon an enticing destination for budding entrepreneurs is its prime geographical location. Situated right in the heart of the tropical Florida Keys, the city can be easily accessed from various major urban centers such as Miami and Key West. This centralized position allows businesses in Marathon to tap into a wide consumer base, attracting tourists and locals alike from neighboring cities. Furthermore, with the emerging trend of remote work and the flourishing grasp of digital connectivity, Marathon provides an ideal base for businesses seeking to serve customers both near and far.
The confluence of nature’s wonders and the supportive community in Marathon weaves a unique tapestry that beckons entrepreneurs to embark on their business endeavors. From restaurant owners embracing the delicacies of the sea to craft breweries honoring the island’s vibrant culture, the harmony between business and community thrives within the Marathon fabric. The residents of Marathon, characterized by their friendly rapport and strong community bonds, embrace and support local businesses, fostering an environment rife with opportunities for new enterprises. The palpable enthusiasm and distinct sense of camaraderie make for a fertile ground for any entrepreneur looking to make their mark.
Moreover, the diverse economy existing in Marathon boasts an array of industries, ensuring a multitude of possibilities for potential business ventures. From the marine industry and tourism-related services to healthcare and construction, the city’s economy benefits from a rich tapestry of sectors, each offering its unique niche. The economic diversity actively encourages inventiveness and innovation, inspiring new businesses to flourish and strengthen the city’s vibrant economic landscape.
Furthermore, the local government and civic authorities have been proactive in creating an enabling environment for businesses to quickly establish and thrive. Recognizing the instrumental role that startups play in catalyzing both economic growth and community development, Marathon’s favorable business climate has been fueled by subsidy programs, streamlined bureaucratic processes, and targeted support structures. This combination fosters an environment conducive for eager entrepreneurs to hit the ground running without being bogged down by excessive paperwork or administrative hurdles.
In summary, Marathon, FL exemplifies the epitome of a fertile ground for visionaries seeking to establish and grow their businesses. By leveraging its strategic locale, the strong bond within its community, and the diversity of its industries, Marathon has distinguished itself as a coveted destination for entrepreneurs to realize their dreams. With the summer sun gracing the calm shores and lush vegetation serving as decorative backdrops, this paradise city beckons all those ready to seize the countless business opportunities it has to offer. So, take the leap, let your innovative spirit shine, and become a part of Marathon’s vibrant tapestry of entrepreneurs who are shaping the future of this idyllic piece of heaven on earth.
Starting a business in Marathon is not only easy but also profitable. A large portion of the US and even people from other countries are registering their business in the US for intercontinental brand building. Besides, Florida has a sustainable economic atmosphere that is enough to encourage newbies to start and run their businesses in Marathon, FL.