small successes

Dallas-Fort Worth makes top 10 list of U.S. metros to start a small business

Today a small business. Tomorrow, a skyscraper in downtown Dallas.

Photo by R K on Unsplash

Dallasites whose New Year's resolution is to start their own small business will be happy to learn they're in the right city to do it. Dallas-Fort Worth-Arlington has been ranked the No. 8 best metropolitan area to start a small business in a new report.

The report by personal finance website The Credit Review touts the Metroplex's rapid growth, its diverse economy, and its ever-expanding population among the reasons for its top ranking.

Small business owners in Dallas specifically thrive in the "management of companies and enterprises" sector, with the study calling it "the bread and butter" of the Dallas area's economy. Several large employers have invested in a place like Dallas, while earning high recognition for their efforts in improving the workplace atmosphere for employees.

"Launching a management of companies and enterprises small business [in Dallas-Fort Worth] would be wise considering all the networking opportunities that are available," the report said.

With the shift to remote work, it's now much easier for Dallasites to launch their business than ever before, the report claims. But in order to ensure longevity with a small business, the study suggests launching the venture in a place with the right number of resources and connections.

"The more resources a small business owner has, the better chances they have to succeed," the report says. "This is why, despite the overall shift to a remote-centric world, geographic location matters more than ever for a small business’s long-term success."

Another Texas metro earned the No. 1 spot on the list: Austin-Round Rock-Georgetown. The Central Texas region is also the No. 1 hotspot for businesses in the information services sector, and the arts, entertainment, and recreation industry.

Elsewhere in Texas, Houston-The Woodlands-Sugar Land ranked No. 22 and San Antonio-New Braunfels ranked No. 32.

The top 10 U.S. metros for starting a small business are:

No. 1 – Austin-Round Rock-Georgetown, Texas
No. 2 – Provo-Orem, Utah
No. 3 – Raleigh-Cary, North Carolina
No. 4 – Salt Lake City, Utah
No. 5 – Boise, Idaho
No. 6 – Nashville-Davidson-Murfreesboro-Franklin, Tennessee
No. 7 – Jacksonville, Florida
No. 8 – Dallas-Fort Worth-Arlington, Texas
No. 9 – Charlotte-Concord-Gastonia, North Carolina-South Carolina
No. 10 – North Port-Sarasota-Bradenton, Florida

The report analyzed the top 100 U.S. metro regions across 10 factors to determine the rankings, including unemployment rates, growth rates, new business success rates, and more.

The full report can be found on thecreditreview.com.

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State of innovation

Texas ranks among 5 best states to start a business in 2025

Photo by Mykyta Kravčenko on Unsplash

Texas' friendly business climate has allowed the state to regain its rightful position among the top five best states to start a new business.

As one of the largest states in the U.S., it's no surprise Texas is big on business and entrepreneurship. Now the state is earning new praise among WalletHub's 2025 list of "Best & Worst States to Start a Business."

The Lone Star State claimed the No. 4 spot in the report's rankings — putting Texas in a better shape than it was last year when it earned No. 8 in WalletHub's 2024 report.

The study compared all 50 states across 25 metrics to determine the best places to start, grow, and find success with a new business. Factors that were considered include the number of startups per capita, job growth rates, financing accessibility measures, labor costs, and corporate tax rates.

The three states to outperform Texas are Florida (No. 1), Georgia (No. 2), and Utah (No. 3). Idaho rounded out the top five.

Across the study's three main categories, Texas performed the best in the "business environment" rank, earning No. 1 nationally. This section compared the states based on its five-year business survival rates, average business revenues growth, and more.

Texas ranked No. 12 in the nationwide comparison of "access to resources" – which covers working age population growth, venture investment amounts per capita, and other means – and earned a fair No. 34 in the report's "business costs" ranking.

But Texas can still do better with its business friendliness to reclaim a top-three overall ranking, which the state last earned in 2023.

WalletHub analyst Chip Lupo said in the report that it is imperative for potential new business owners to establish their enterprise in a place that can maximize their ability to succeed.

"Around half of all new businesses don’t survive five years, so the idea of becoming a business owner can be daunting, especially with the current high cost of living," Lupo said. "The best states have low corporate tax rates, strong economies, an abundance of reliable workers, easy access to financing and affordable real estate. On top of that, you’ll need to make sure you start in a place with an engaged customer base, if you’re operating locally."

Dallas has also proven to be at the top of the destination list for entrepreneurs who are looking for their next venture.

The top 10 best states to start a new business in 2025 are:

No. 1 – Florida
No. 2 – Georgia
No. 3 – Utah
No. 4 – Texas
No. 5 – Idaho
No. 6 – Oklahoma
No. 7 – Nevada
No. 8 – Colorado
No. 9 – Arizona
No. 10 – Kentucky

business entrepreneurship rankings texas wallethub

small successes

Dallas-Fort Worth makes top 10 list of U.S. metros to start a small business

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State of innovation

Texas ranks among 5 best states to start a business in 2025