They say everything’s bigger in Texas, right?
Well, if you’re a home-based business owner, this certainly rings true.
As one of the largest states in terms of size and population, it should come as no surprise that Texas is the proverbial land of opportunities for business owners of just about any industry. Even solopreneurs and remote workers who make their own schedules have tons to gain by setting up proverbial shop in the South.
But what makes Texas so exciting for home-based business owners in particular? We’re glad you asked! Consider the following five reasons why Texas is a spectacular state to set up shop.
Plenty of Remote Work Options
The state’s massive population signals a net positive for those looking for a coworking space or coffee shop to get down to business. This is the case in all of the city’s bustling metro areas and the suburbs alike. Texas at large represents a healthy work environment regardless of your industry.
Furthermore, the state is a prime place for solopreneuers looking to explore the open road. You can easily rent an RV in Texas for a business-based road trip or just an opportunity to get away from it all. If you’re still trying to sort out which city you might settle down in, such a trip is a smart, cost-effective way to cover as much ground as possible.
No Shortage of Tech Hubs
Texas is home to many of the top tech cities in the South including the likes of Austin, Houston and Dallas.
Those working in the tech sector therefore have their pick of local clients and customers. This also spells good news for those who want to meet face-to-face with Texas techies for new opportunities. On a related note, Texas is home to endless networking events and conferences for industries of all shapes and sizes.
Low Cost of Living
Living in the South certainly has its perks including a warm climate and friendly natives, but you also can’t neglect the smaller price tag. For example, the cost of rent and consumer goods in Austin versus the likes of Seattle is easily 25% or less. Same rules apply when you stack up Houston against pretty much any metro area in the Northeast.
Lack of a State Income Tax
As an added bonus, Texas is notoriously one of the few states with no income tax. Anything you can do as a home business owner to keep more money in your pocket is a plus, especially when it comes to tax season. Although a subtle benefit, you can save quite a bit over time as a native Texan.
Friendly Locals and an Entrepreneurial Spirit
Last but not least, Texas appreciates its outlaws and those who don’t want to work the traditional nine-to-five grind. Whether you’re looking for others to work with or simply want to meet new people in general, the natives won’t disappoint you in terms of hospitality.
Whether you’re an out-of-towner looking to find your roots or are thinking about starting your home-based business in Texas, your head’s in the right place. Between the innovation happening throughout the state and numerous opportunities available for solopreneurs to network, the Lone Star State is a profitable place to begin your entrepreneurial journey.