When you mention the word Dallas, most people think about the television show “Dallas, oil tycoons and cowboys. Yet, Dallas is much more than that. It is home to the famous Galleria shopping center and also features one of the largest urban arts districts in the United States. It also hosts an amazing arboretum close to the city center. It’s safe to say that there’s something for everyone in Dallas, whether you enjoy the great outdoors or exploring what’s new in the tech sector.
24 of the Fortune 500 companies are headquartered in Dallas. These include AT&T, JCPenney, and ExxonMobil. Dallas is also a major tech hub, which gives it the “Silicon Prairie” nickname. Other notable and large sectors located in Dallas are transportation, telecommunications, financial services, and defense.
Small Business Franchising Costs
According to Arizona State, Dallas is the 8th easiest city to start a business in the United States. The study compares several factors, including the major tax areas of business, property, unemployment insurance, and income taxes. In fact, CEO’s awarded Dallas as the best place for business for eight years straight. This is mainly due to its regulatory and tax environment.
NerdWallet recently gave the third spot to Dallas as the best place to start a small business. With impressive growth prospects for small businesses plus the ease of obtaining licenses, no wonder NerdWallet held Dallas in high regard. Additionally, Thumbtack.com gave an “A” score to Dallas with regards to small businesses friendliness.
Dallas has no shortage of organizations that are aimed at helping local entrepreneurs. The Dallas Entrepreneurs Center regularly provides education and training for current and would-be entrepreneurs. Backed by major players from the venture capitalist and corporate world, you can visit their place in the design district.
SourceLink Dallas is another organization that aims to help local entrepreneurs by providing resources and vital information on starting and growing a business. The organization is powered by multiple non-profit organizations and backed by private agencies and government entities.
The labor supply in Texas is among the best in the country. In fact, it earned high marks across the board in Forbes’ “Best States For Business.”
Do You Need A Dallas Franchise Consultant?
It is important to find an experienced Dallas franchise consultant to help you navigate the various available options in order to find a business that is right for you. Consultants will offer you the information you need to accelerate your path to successful franchise business ownership.