Moving Your Business to Texas: What You Need to Know
If you’re a small business owner considering making a move to the Lone Star State, you’re not alone! Texas is a popular destination for an increasing number of companies these days. According to one source, more than 125 tech companies announced they were moving to Texas in Q4 of 2020 alone.
Whether you’re thinking about a move for your business or you’re already planning one, here are some considerations for moving your business to Texas.
Taxes Are More Manageable
In addition to no income tax to worry about for your employees (which helps with attracting and retaining talent), there are several tax incentives for businesses in Texas. You will likely have fewer regulations to track as well, especially compared to states like California and New York.
Your New Space Price May Surprise You
While values have been quickly rising in Texas real estate the past year or two, costs for your new space will likely be much more affordable than you think. Part of the reason so many companies are moving to Texas is because all types of real estate are more affordable on average than the rest of the country. Just be aware that property taxes can be high.
Don’t Get Overwhelmed By Its Size
Yes, Texas is the second-largest state and you can drive almost an entire day and still be in Texas. But you don’t have to be overwhelmed by locations for your new business, as new residents tend to gravitate toward certain metro areas like Dallas-Fort Worth, Austin, San Antonio and Houston. You can still obtain valuable real estate for a good price in the outskirts of these communities—all while enjoying the conveniences and foot traffic of big-city living.
The Moving Company You Choose Matters
One of the biggest factors to consider for your commercial move to Texas is the moving company you choose. Specifically, whether that moving company has a TxDMV license before hiring them. The moving company’s insurance status can also give you peace of mind. Ultimately, however, make sure you do your research to find a moving company that:
- Offers commercial moving services.
- Has a good reputation and history.
- Is committed to customer service.
If you have more questions about moves to Texas (or from Texas), contact IMS Relocation today and we’ll give you answers or provide a no-obligation quote.