Why Invest in a Houston Franchise?
Huge City Growth
All of this growth has not had a negative effect on the economy, however; it’s actually been the opposite. Job growth has maintained a rate nearly double that of the national average; as a result, unemployment has been able to remain low at 4.5%, compared to the national average of over 6%. The major industries of military, government, energy, aerospace, and bio-science have continued to thrive. When you open a franchise in Houston, you will benefit from the strong and growing economy that forms a solid foundation on which to build your business. In addition, in spite of being one of the biggest cities in the United States, Houston is not plagued with many of the common big city problems such as slums, extreme income disparities, and a high cost of living.
Economic Development Division
In an effort to continue to attract businesses and residents, Houston has dedicated lots of time and resources to the Economic Development Division, or EDD. The EDD is committed to helping businesses open and relocate in Houston by partnering with various state, federal, and local organizations. These partnerships are beneficial to owners of franchises in Houston, as they foster growth and maximize incentive programs for businesses. Such incentive programs include tax breaks for opening a business in specific areas, grants for building development or hiring certain numbers of people, and many more. Partnering with the EDD can help your Houston franchise maximize its potential.
The time to invest in Houston is now! As the city continues to grow, the cost of doing business will grow along with it so getting in while costs are down can be a key part of your franchise’s profitability. If you’re ready to become your own boss, click this LINK to start the next step in opening your Fully Promoted franchise in Houston.