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Facts About Fort Worth Local Business
The city of Fort Worth is a unique region in the United States popularly known for its growth and dynamic resilience. Its strategic location and closeness to the Fort Worth International Airport make it a favorite city for most Fortune 500 companies.
Fort Worth has a diverse economy which has played a vital role in the city becoming a potential city for the growth of local business. The city is committed to foster its economic growth by providing assistance to local firms that are situated in the area.
Start-up and Growth
The city business community is pivotal to local business growth and development. They offer strategies for local business, network opportunities and supportive infrastructure to foster the development and strengthen the growth of local business.
Provision of Fund
The city and non-governmental institutions provide an environment that supports high impact and growing entrepreneurs. Many startups can qualify for various assistantship and professional counseling to foster the development of local businesses.
State Programs
The Texas Enterprise Zone Programs offers tax abatement at the local level and refunds of state sales and use taxes under certain circumstances to local businesses operating in enterprise zone areas. The state of Texas primarily targets its incentive programs toward smaller and rural communities.
Cost of Living
The cost of living in Fort Worth is lower when compared to the other leading cities in the U.S. This implies that local business owners don’t have to pay employees the same amount when compared to another state in the U.S.
Commercial Shipping
The city’s strategic location coupled with its superior and ground transportation resources make it an ideal location for the distribution of local business within and beyond the city. This has invariably helped numerous local companies to strengthen their business to neighboring cities and also enhance delivery services.
Community Local Business Support
The city community Local Business support is unmatched as they do their best for the success of local business. The city in collaboration with community-based partners and the national business organization provides business advice, technical assistance and networking to local business owners.
Local Programs
Fort Worth provides numerous incentive programs to foster the development and redevelopment of the city local business. The City of Fort Worth also provides tax incentives for local business owners to promote their events. They also have strategized developmental project to provide a business friendly environment for local business owners.
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About Igor Lav
Fort Worth, Texas
Igor Lav lecture for IT-Forum 2016