6 Things to Expect when you Move to Texas

Moving to Texas could be the best thing you can do for your business. The state has some rather pro-business policies all around and small companies notice and take advantage of this more than any other.

If you’re do so and taking your chances in Texas, there are a few things to be aware of, that makes Texas unique. Most of them are good for the business itself and it’s just a matter of adapting to way things are done here.

Lower taxes

One of the simplest and yet the most effective way Texas helps small businesses is via its tax policy. Simply put, you’ll pay less tax in Texas than you would in other states and that’s what makes most people move their venture to the state.

There’s no state income tax at all and that helps a lot for a small company since it’s probably the biggest expense that such a business has when they are just getting things started. The state sales tax is also lower than it is in most states.

Real estate

Other than the taxes, the biggest expenses that a company will have right away is probably real estate needed to run the office or a business, regardless of what it is. This is also a more affordable thing to buy in Texas since there’s less overhead and the market hasn’t yet been saturated as it is in California.

Lower cost of real estate also means lower costs of renting which is how most companies get their real estate instead of buying them. According to zillow.com, the median home value for homes for sale in Texas is about $184,700. While Texas home values have gone up 6.7 percent over the past year and a rise is expected over the next 12 months, it’s still far less than the national average.

Electricity bills

This is also a huge expense for a company especially if it’s one that’s in actual production side of things and that needs a lot of electricity to actually run its operations. These bills are also smaller in Texas due to the government policy that’s market driven.

The industry is rather deregulated and that means that consumer can choose which electricity provider they want to work with and thus get the service and the price, that they are the happiest with.

A job market

There’s a booming job market in Texas and that’s something a business should be aware due to the importance of a good workforce for a company. The population of the state is increasing every year and that’s mostly because of the pro-business policy driving new residents to Texas from neighboring states.

Most of the workforce is employees in petroleum, wind energy, healthcare, education and technology sectors. This also leads to a boom in other fields of work as well, because when there are large businesses and infrastructure in the area, there’s also room for small companies to work there as well.

 Weather

The weather often comes up as a surprise for those who move in to Texas even when they study up on it beforehand. The state is much warmer than everyone is prepared for and the summers last longer taking a good bite out of both spring and fall.

However, Texas also has some of the most beautiful natural parks, rivers and lakes to help you deal with these. That’s how both locals and tourist cool of and spend their leisure time. It will soon become part of your routine as well.

Foodies paradise

Texas is known for its amazing food and there’s a reason why that’s the case. It’s home to some of the best food in the country. Many associate it with southern food and that’s one of the cuisine you could enjoy in Austin, but there’s much more to it than that.

Texas is also a home to a variety of different cuisine, and there are restaurants ranging from simple food trucks to high end venues with some of the best chefs out there. If you’re a foody or want to become one, this is the place for you.

Conclusion

Texas is one of the most pro-business states in the country and its policies are helping small companies set up and start working faster and with less expenses. The state is also one with the fastest growing and expanding workforce and that’s the most important resource a business needs.

At the same time, the state is also a great place to stay in. It has great nature to explore and a rather hot climate. The people are its most appealing feature and if you’re a foody you’ll enjoy Texas immensely as well.