Looking to purchase a franchise? Look no further than Texas! Whether you live in a major metro area or in a small town, the Lone Star state is a great place to do business with its low taxes, a low cost of housing and a high quality of education. In addition to a natural geographic advantage and first-class transportation network, Texas is known as a state that means business when it comes to economic development. Cities such as Houston, Dallas and Austin remain choice destinations for entrepreneurs.
The Lone Star State is home to over 50 Fortune 500 corporate headquarters including Exxon Mobil, Phillips 66 and AT&T. Texas is also home to American Airlines and Southwest Airlines, two of the largest airlines in the world.
Texas is the only state with its own power grid and is not subject to federal regulation over electrical transmission.
With no corporate income tax and no individual income tax, Texas has one of the lowest tax burdens in the country, ranking as a Top 10 Best State in the Tax Foundation's 2015 State Business Tax Index.
Our state capital, Austin, houses one of the largest music festivals in the nation, and the city consistently sits atop Forbes' annual list of the best cities for jobs.
Texas was named the “Best State for Business” by CNBC and has been ranked the “Top State for Business” by CEO Magazine for the past six years.
Texas is home to Dell and Compaq computers and central Texas is often referred to as the Silicon Valley of the south.
