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Dallas Business Law Blog

Is Texas A Good Place For New Businesses?

If you are considering opening a business, it can seem as though the odds are against you. The harsh reality is that about 20 percent of new businesses nationwide do not even make it long enough to celebrate a one-year anniversary. Far fewer make it to a five-year anniversary.

There is something to the old cliche about "location, location, location." One of the most common reasons for a new business's failure is a bad location. The state where a business launches can make a big difference. According to a study from WalletHub, Texas is the second best state for new businesses.

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