Why are so many startups heading to Texas?

1 Sep 2019


Everything's bigger in Texas, especially small businesses! WalletHub recently released 2019's Best & Worst States To Start A Business report that compares all 50 states to determine which ones are best for starting a business in the United States.

If the opening sentence didn't already tip you off, Texas earned the top spot as the overall best state to start a business. Methodology for the report examined conditions that make for ideal business creation. Some of these factors were capital access, available talent in the workforce and affordable office space. Texas narrowly edged out Utah with a total score of 61.05 and earned an additional No. 1 ranking in the category of business environment.

WalletHub's study aside, I've spent a few years writing about which states are great for starting small businesses. As time has progressed, I've noticed that traditional "corporate darlings" like Nevada and Delaware are starting to take a back seat. Entrepreneurs are still forming businesses there, of course, but they are also seeking new places and spaces for their companies. Up-and-coming states like Florida, Wyoming and – you guessed it – Texas are on the rise with startups.

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