Irving, Fort Worth listed among the least expensive cities for doing business - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

While CEOs had listed their three criteria of what they valued most in site selection, Texas ranked 1 for being the preferred state for doing business.

Irving, Fort Worth and San Antonio are some of the least expensive cities to do business with for companies thinking of leaving California, according to a recent 2022 Cost of Doing Business survey conducted by Kosmont-Rose Institute.

The survey, published since 2003, finds that 64% of businesses that have moved out of California in the past 30 years have relocated to the lower-cost states of Nevada, Arizona, Texas, and Oregon. The study includes 158 cities in the western United States and utilized seven variables for the analysis: sales tax, utility tax, business license fees, average office rent, FBI crime index, median home value and minimum wage.

Irving and Fort Worth were tied as the 4th least expensive cities to do business, while San Antonio was tied as the 8th least expensive city.Below is a table of the composite ranking of the least costly cities. Variables that are and above are listed as Top tier, Second tier , Third tier , Fourth tier , Fifth tier is the lowest cost , and N/A is no data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 525. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fort Worth ISD offers tax breaks to solar panel company - KRLD NewsThe Fort Worth Independent School District has approved an economic development agreement with a company that makes solar panels. The Hanwha Q Cells Americas Holdings Company is considering a site in Tarrant County for a new manufacturing facility.
Source: KRLD - 🏆 75. / 68 Read more »