Here’s another way to look at the popular Texas Two-Step
There are many reasons why Texas is top of mind when it comes to the country’s best places to do business. Along with a well-educated, high-performing workforce, there are moderate tax policies and regulations that make companies gravitate to vibrant cities such as Houston, Austin, San Antonio and Dallas. The recent influx of many new companies coming to Texas, both established and start-up, is evidence that a closer look is warranted as to why they choose the Lone Star state.
With more than 2.4 million small businesses registered in Texas and an economy of $1.6 trillion, the state is second only to California for its economic strength. Job growth continues to climb and the cost of doing business in Texas is 11.4 percent below the national average.
Business taxes are much lower and any essential business materials and machinery is tax-exempt. This includes software, research and development-related materials, manufacturing equipment, and more.
Quality of life
Living is better in Texas, once you adapt to the summers. The cost of living is much lower than most other major U.S. cities, with real estate coming in at 40 percent less. Owning a home is easier and more affordable, as is health insurance, food, and utilities.
With over 3000 miles of shoreline along the Gulf Coast, Texas is a great year-round leisure destination for kayaking, boating, swimming, surfing, and fishing.
Better tax laws in Texas
Texas has no state tax, no personal income tax, and no corporate income tax. Texas corporate franchise tax is among the lowest in the country at 2 percent or below. It is a
right-to-work state and largely non-union. And Texas has one of America’s most business-friendly regulatory atmospheres.
Texas is home to the headquarters of TravelHost®, one of the best low investment business opportunities available for savvy, sales professionals who want to have their own business and earn what they know they’re worth.
If you enjoy sales, you’ll have fun reaching out to local merchants and business owners who you probably already know. Hotel managers, restaurant / eatery owners, and shop and boutique merchants love TravelHost magazine because they know it works.
TravelHost provides new Owners with an unparalleled First Year Experience (FYE) on-boarding and launch plan to ensure your success. The FYE platform provides you with a detailed, relevant and timely self-paced process to quickly create a solid customer base and the best, most profitable publication for travelers, diners, and vacationers in your market.
When you have the luxury of time and resources to sell a quality product, all you need are the customers who want to buy it. That’s what makes the TravelHost opportunity
unlike others. There are thousands of people who want to buy what your selling. And there are plenty of potential customers in the great state of Texas.
Generally, the benefits of starting a business in Texas seem almost too good to be true. But you can believe it because with a simple regulatory environment, low licensing fees, high job growth, access to high paying business opportunities, and a low cost of quality living, starting a business in Texas is a very smart decision with endless rewards.
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