Well, it's nice to know that if you are unemployed and wanting to start a business, you're doing it in a city that has the right economic conditions for it. Well guess what? The City of Georgetown, Texas has the right conditions baby! Fortune Small Business ranked Georgetown Texas #2 in the NATION for the best place to live and launch a small business! Here's the link if you want to read through the entire top 100. The original article is below:
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Population: 37,963
Pros: Business friendly tax structure, entrepreneurial camaraderie, scenic suburb of Austin
Con: Higher housing costs
Austin's entrepreneurial community may be among the strongest in the country, but its heavy traffic and urbanization have driven some experienced business folks to look elsewhere. Enter Georgetown. This suburb of Austin has transformed from a sleepy bedroom community into a city with its own identity and a rapidly growing business climate.
Located 26 miles north of the state's capital, Georgetown has welcomed 270 new businesses over the past two years. The state's lack of individual and corporate income taxes is just one reason Texas is considered business-friendly. On a local level, Georgetown charges relatively low water and electricity rates, and its property taxes are among the lowest in the region. As part of the Greater Austin area, Georgetown entrepreneurs in the city's growth industries - healthcare, life sciences, and technology - can seek out additional support from the region's business-development efforts. A convention center slated to open next year should help further build Georgetown's up-and-coming business scene.
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