Let’s Start 2009 with some Good News
According to an article in US News & World Report by Matthew Bandyk, Texas is one of the top or best states for starting up a business. One important reason is that Texas companies are able to do a large amount of business in a global way. Texas has the most globe-focused manufacturing sector in the country. Export sales coming out of Texas averages $69,268 per worker, the highest of any state. Another incentive for business cited is the cost of labor. Texas has the lowest workers’ compensation costs of any state. Texas also lacks an income tax for individuals.
Texas came in 4th on the list behind Washington, Virginia and Colorado. Following Texas was Nevada, Utah nd Florida.
Filed under: Investing, Relocation by Dwight's Real Estate Update