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Texas Ranks Among Top States for Business

With its superior economic climate and ability to recruit employers from out of state, Texas ranks #6 among Forbes’ list of best states for business and #1 on Thumbtack’s list of most small business-friendly state.

Why is Texas one of the best states for business?

Graph of Texas Business Friendliness Grade Compared to Economic Growth

Over the past 5 years Texas has seen a strong correlation between small business friendliness and economic growth.

Small businesses and startups are known to thrive in an open business environment which is why Texas is one of the best states for business. Texas’ business-friendly environment follows the ‘less is more’ principle. Less regulations, less taxes and less unions make it easier to do business in Texas. Many companies are leaving California’s hostile business environment in favor of Texas’ pro-business climate. Favorable business climate, affordable housing and a thriving economy help Texas remain a top recruit for relocating businesses and one of the best states for business.

Austin is one of the best cities for business

With one of healthiest small-business climates in the U.S., Austin ranks #1 for startups as well as #1 for small black-owned businesses. Austin is the biggest beneficiary of companies relocating from California including Charles Schwab, which is relocating 1,000s of jobs from Silicon Valley. Along with benefiting from Austin’s large talent pool, ease of starting a business and incubator programs, relocating companies also enjoy Austin’s lower cost of living.

Ready to make the move?

Austin’s strong economy and continued job growth means there will always be a high demand for housing. Let us know how we can help you relocate, buy or sell in Austin.

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