Texas is home to over 2.7 million registered small businesses with the second largest GDP in the nation. Texas leads the nation in job creation and population growth over the last 14 years, consistently regarded as the state with the best business climate. Increased economic activity in large metropolitan areas (Houston, Dallas, San Antonio, etc.) has resulted in a surge in startups and small business growth.
As a “pro-business” state, Texas has no corporate or individual income taxes or state property taxes. This allows Texas business owners to retain a larger portion of their revenue, continually ranking Texas as the best state for business.