GOBankingRates puts Houston at number 13 on its list of 30 Cities Where Small Business Owners are thriving. The site credits the city’s low cost of living, high salaries, and entrepreneurship initiatives with its success. Resonance Business Consulting also recognizes the city, placing it seventh on its list of 2018 America’s Best Cities. Nerdwallet.com points out that Houston is friendly to small businesses, citing its lack of corporate taxes.
The city has low business costs, and its low housing costs and port access further reduce expenses for business owners. There’s also no shortage of skilled labor. Thanks to Houston’s many institutions of higher learning and the Greater Houston Partnership’s UpSkill Houston initiative, the local workforce is educated and prepared to support the city’s many businesses.
Houston is a diverse, economically sound place to start a business, and FranNet’s local experts are here to help you choose the best business for you. Talk to a FranNet consultant to learn about your options for doing business in this thriving port city.