Is texas business friendly?

Skilled, growing workforce with low taxes and competitive incentives, everything is bigger and better in Texas. On the subject of taxes, Texas has no state income tax, which means that at the state level, corporations pay a zero percent tax rate. This adds a tremendous element of appeal to prospective companies, who are looking to relocate their headquarters. However, reducing corporate tax rates comes at a cost.

In this case, it translates into earning additional state revenues elsewhere. Businessmen running elections could try to remove obstacles to make everything easy and safe for voters. CNBC recently tracked down tech startup Bractlet and told the story of why its co-founders decided to do business in Texas. You can go big or go home to Texas, but you don't have to feel alone or lost on the path to entrepreneurship.

No one will confess to having a different goal, but Texas still has few built-in obstacles in the electoral system that legislators have spent so much time playing with. Texas now leads the nation in job creation, and plans to continue the trend over the next decade and beyond. A civilian workforce of more than 14 million, unparalleled access and investment in infrastructure, and the nation's largest closing fund come together in Texas to create the most advantageous business climate for expanding and relocating businesses. The truth is that states consider themselves business-friendly and states with poor working conditions are not mutually exclusive.

The combination of city access points plus educated graduates looking for new jobs is beneficial to startups that are ready to go further in their first year in business. More than 380 airports call Texas home, and new faces arrive every day to see the sights and sounds (including a lively music scene) across the state. If the opening sentence didn't warn you yet, Texas earned first place as the best overall state to start a business. One of the advantages of starting a Texas-based business was the power of its schools and its students.

If you need help determining the next step you need to take to start a business, the website explains the “why choose Texas, the advantages and resources entrepreneurs can use for their state businesses. The worst states for business, according to the survey, are California, New York, Illinois, New Jersey and Washington. A lack of income taxes, coupled with a thriving economy, continues to make Texas an attractive place for a startup. Local universities, such as the University of Texas, made it possible for the company to find and hire talented team members.

It's no wonder that companies are so determined to move to Texas, considering that they can treat their employees like complete garbage.