Click to Home
FacebookLinked In

Go To Search

News & Announcements

Posted on: January 10, 2018

NRH Ranked in Top 10 Cities to Start a Business

Top 100
The City was recently ranked #10 on the list of Top 100 Cities to Start a Business in the U.S. by How to Start an LLC, an online resource for entrepreneurs. Perhaps the overall best state to start a business in is Texas as NRH was joined by Arlington, Euless, Grapevine, Mansfield within the top 10.

According to How to Start an LLC, “In terms of costs, the state has one of the lowest tax burdens in the nation, as local and state taxes sum up to a mere 8.7% of a resident’s yearly income.” Aside from our state’s low tax burden, the organization also lists our business friendly climate which allows entrepreneurs to bring their ideas to fruition without excessive regulatory setbacks. They state that “another area where Texas thrives is in the sheer ease of starting a business: the state does not impose heavy regulations on new businesses and many resources exist to educate budding entrepreneurs and help them get a smooth start on their operation”.

Factors considered for ranking include cost of living, unemployment, university data, and the Kauffman index, which is a leading indicator of new business creation in the United States. The Kauffman Foundation and How to Start an LLC both focus on advancing entrepreneurship in the U.S.
To view the complete list or learn more, visit
Facebook Twitter Google Plus Email

Other News in News & Announcements

New NRH City Hall

NRH Prepares to Open New City Hall

Posted on: March 21, 2016