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Business Opportunities

Top 5 Reasons to Start a Business

austin

  1. Consumer money abounds – The median household income in Austin is about $59,221 – higher than in Texas ($50,043) and the United States ($52,029). The percentage of households with an income higher than $75,000 (38.8%) is also higher than the national average (33.4%).
  2. Austin supports its own – Locally owned businesses get endless support from Austinites and visitors alike. Several groups exist solely to support local business, and proud Austinites share their local favorites with newcomers.
  3. Events to sponsor and give back – Festivals ranging from SXSW to the Zilker Kite Festival, community runs like Race for the Cure, and community service events like the Lake Travis Underwater Clean-Up offer sponsorship opportunities for local businesses while giving back to the community.
  4. Everyone is welcome – From small mom-and-pops to huge high-tech companies to homegrown grocery stores, Austin holds the opportunity for a variety of successful businesses. With such a assortment of characters among the population, each business is sure to find its supporters.
  5. Networking – A plethora of professional associations, ambitious social organizations, and a general feeling of community spur networking opportunities around every corner. There are groups just for women, university and fraternity/sorority alumni associations, church-sponsored business groups and many more.