Business owners face challenges and opportunities every day as they make strategic decisions for their companies. Not all challenges are created equal, though; here are three that are impacting business leaders heavily in 2017.
Increased competition. It is no secret that the Texas market is growing like gang busters. According to the Texas Tribune, from 2005 to 2013, the state of Texas grew by 345 people per day. Why are so many people moving to Texas? Jobs! Cities in the Dallas/Fort Worth area, such as Frisco, have been dedicated to helping companies move their headquarters to their location. In Frisco alone, one and a half percent of sales tax is dedicated to business incentives to help grow the city.