Texas is an excellent place to launch a business, with its powerful corporate services industry, renewable energy production and services, and cutting-edge technologies. From Houston to Dallas to Austin, the Lone Star State has become one of the best places to start a business in the entire country. In this article, we'll explore the most common types of businesses in central Texas communities. Texas' corporate services workforce is estimated to be more than 1.5 million people.
Among major metropolitan areas, the prevalence of foreign-born business owners ranges from 6.8% in Milwaukee to 46.2% in San Jose. Only about 4.0% of the 873,449 paid employees of private companies in Austin work for companies that have been in business for less than two years. The Texas Film Commission provides additional information on the Texas film, television, commercial and video game industries. Thanks to top-tier universities and academic institutions that invest heavily in R&D, Texas is a leader in advanced technologies and is a popular destination for the world's most innovative manufacturing companies. New technologies developed in Texas allow the state to compete in the global IT field, attracting companies and talent from all over the world. Texas has quickly become a world leader in the creative industry, including music, film, television, commercial and video game production. The Texas Cancer Prevention and Research Institute (CPRIT), a state-funded initiative that is leading the state's unprecedented fight against cancer, has played a critical role in positioning Texas as a world leader in cancer research and prevention. Texas has more than 3 million small businesses, which represent 99.8% of all businesses in the state and employ nearly 5 million Texans.
Innovative companies, medical centers and higher education institutions in the state continue to keep Texas at the forefront of discoveries in the biotechnology and life sciences sectors. Starting a business in Texas can be very rewarding if you plan efficiently and ensure that all administrative tasks are done correctly. To help you get started on your business journey, here are some of the most popular types of businesses found in central Texas communities:
Retail StoresRetail stores are one of the most common types of businesses found in central Texas communities. These stores offer customers a wide variety of products ranging from clothing to electronics to home goods. Many retail stores also provide services such as repairs or alterations.
RestaurantsRestaurants are another popular type of business found throughout central Texas communities.
These establishments offer customers a variety of food options ranging from fast food to fine dining. Many restaurants also offer catering services for special events.
Professional ServicesProfessional services are also popular types of businesses found throughout central Texas communities. These services range from accounting and legal services to marketing and web design services. Professional service providers often specialize in specific areas such as tax preparation or website development.
Manufacturing CompaniesManufacturing companies are also common types of businesses found throughout central Texas communities.
These companies produce goods ranging from clothing to electronics to furniture. Many manufacturing companies also offer custom manufacturing services for clients who need specific products made.
Technology CompaniesTechnology companies are becoming increasingly popular types of businesses found throughout central Texas communities. These companies specialize in developing software applications or hardware products for clients or consumers.
Many technology companies also provide consulting services for clients who need help with their technology projects.
Real Estate CompaniesReal estate companies are also popular types of businesses found throughout central Texas communities. These companies specialize in buying, selling, leasing or managing properties for clients or consumers. Many real estate companies also offer property management services for clients who need help managing their properties.
Health Care ProvidersHealth care providers are another common type of business found throughout central Texas communities. These providers offer medical services ranging from primary care to specialty care for patients. Many health care providers also provide home health care services for patients who need assistance with their medical needs at home. Starting a business in Texas can be very rewarding if you plan efficiently and ensure that all administrative tasks are done correctly. With its strong corporate services industry, renewable energy production and services, innovative technologies, and top-tier universities and academic institutions investing heavily in R&D, Texas is an ideal place to start a business.
Whether you're looking to open a retail store or launch a technology company, there are plenty of opportunities available for entrepreneurs looking to start their own business in central Texas.