Why Texas? This is one of the questions that entrepreneurs face when deciding whether the state is a suitable destination for a new business. As it turns out, there are plenty of reasons why the state is an excellent choice for new or expanding businesses.
As the old saying goes, "everything is bigger in Texas". This is also true when it comes to the opportunities available within the state. It starts with the abundance of talent in the workforce and labor market. The human component of any business is the most crucial formula for success. Luckily for businesses, there is no shortage of talented and skilled labor available given that the state is filled with options.
In addition to a strong workforce is a horde of tax benefits of businesses. Texas is following the lead of states Nevada and Delaware in passing more state laws that offer tax incentives to businesses. It is called a business-friendly state because it does not require corporate or income tax.
Texas is also a state that is open to innovation. Therefore, there are lots of opportunities for any industry to flourish - from advanced tech, manufacturing, aerospace, biotechnology, energy, petroleum, and more. Whether you are a small or medium sized business, Texas paves the way for growth and expansion. For business insurance related info please refer to our more in depth article.
At the request of our visitors we've included the below local insurance contacts for most cities in Texas. The state of Texas requires all drivers to have 30/60/25 coverage, covering injuries per person and per accident, as well as property damage. The most affordable policies are basic plans that cover only the bare minimum car insurance required in the state. You can opt for additional coverage, including collision, medical payments, and personal injury protection coverage. We recommend that you compare quotes for various types of coverage to get an idea of what is the most affordable option for you. The below contacts are a great resource for learning more about the rates offered and ultimately finding a low cost plan. Just like the cost of living in Texas, auto insurance coverage is relatively cheap with the help of licensed car insurance companies. For additional information on traffic laws or driving schools please navigate to your respective state using the map. And for manufactured home insurance, please refer to the respective article.
Texas, also known as "The Lone Star State", is the second-biggest state (second only to Alaska) in the United States. It is located in the South Central region of the country. It earned its nickname for being an independent republic (or sovereign state) which reminds the state's struggle for independence from Mexico. The lone star can be found in the state's flag.
Its capital city of Austin is considered as one of the finest state legislatures in the country. Its most populous and largest city - Houston - is also the fourth largest city in the US. It is the home of the Space Center Houston and one of the most popular attractions in the state.
San Antonio, on the other hand, is the second most populated city in the state, and the seventh biggest city in the country. At the heart of the city is the San Antonio River, which offers plenty of attractions, from bars, cafes, and restaurants.
The state's economy remained heavily dependent on oil and gas, followed by banking and insurance, retailing, wholesaling, and construction.
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