By The Kent Redding Group
CNBC based their ranking on data from government and private institutions including the evaluation of other key business criteria like strength of the local workforce, taxes, regulatory climate, cost of living, location and access to capital.
One of America’s Best Places to Start a Business
This ranking by CNBC is another major win for Austin Texas as more people from cities like San Francisco and San Jose area considering moving here to escape the high cost of living, housing and taxes in those cities.
During the process of completing their study CNBC found that quality of life, regulation and taxes were some of the most important things that entrepreneurs were looking for in a city where they were planning on starting their businesses.
Austin Offers a Real Quality Of Life
Anyone who has lived in Austin for years knows that our city is one of the best in the United States for quality of life since Austin offers a world class university, highly educated work force, the best live music in the United States, excellent food, excellent local attractions and great people who know how to enjoy a real work/life balance.
With CNBC’s America’s Best Places to Start a Business list we can expect more people to choose Austin as their location of choice to launch their dream businesses.
It’s Not Just Tech Startups That Are Choosing Austin Texas
Besides tech start-ups like Equity Brick and FloSports, Austin has also been attracting many retail start-ups as well including TreeHouse, a new home improvement store that features sustainable building materials like bamboo flooring.
TreeHouse currently has 50 employees and has reported $10 million in revenue, since business is going so well in Austin they plan on opening a second store in Dallas next year.
Start a Business and Have a Life in Texas
Besides Austin, the other cities in Texas that ranked on CNBC’s list of America’s Best Places to Start a Business include: Houston, Dallas, San Antonio, McAllen and El Paso so it’s clear that more entrepreneurs view Texas as a whole as the best state for them to start their businesses while having a life at the same time.
To learn more about why Austin is one of America’s Best Places to Start a Business, or to view homes for sale in Austin, contact the Kent Redding Group today by calling us at (512) 306-1001 or click here to connect with us online.