5 Reasons Why Cedar Hill is a Top Destination for Business Relocation
- Date Published
- Dec 13, 2019
- Business, Community Involvement, Events, General Info, Travel
There’s a reason why Texas continually ranks at or near the top of numerous “best states to do business in” lists: Texas is a state that’s built for business from the ground up, and Cedar Hill, TX is among the best values for companies of all sizes looking to relocate to the Lone Star State. Located just south of the burgeoning Dallas metro region, Cedar Hill offers all of the benefits of the city with plenty of unique perks for large and small businesses, as well as the people they employ. If your business is considering relocating to Texas, here are five big reasons why Cedar Hill could be a great fit for your company’s future.
Access to a diverse workforce
The Dallas-Fort Worth area is home to more than 7 million people, and businesses that relocate to the Cedar Hill area have access to a workforce that includes employees of all skill levels and skill types. In fact, as a state, Texas has the nation’s second largest civilian workforce, according to the Texas Economic Development Corporation. What’s more, the Dallas metro region features dozens of community colleges, universities and trade schools, and state initiatives like the Skills Development Fund to help businesses develop and implement customized workforce training programs aimed at improving workers’ skills and salaries, for a win-win solution that benefits businesses as well as employees. Dallas County employment is poised for even more growth as businesses continue to relocate to the region, attracting additional talent eager to grow and thrive.
Favorable tax rate
Even though the Dallas County property tax rate might be on the high side for Texas, it’s still a lot lower than property taxes in other metropolitan areas in the U.S. Plus, the Cedar Hill, TX, area offers lots of other tax advantages for businesses and the workers they employ. Texas has no corporate income tax and no personal income tax either, which means corporations and employees get to keep more of their hard-earned money. For businesses, no corporate income tax means that they can invest more money into growing their infrastructure, their product or service offerings, and their overall profit and bottom line.
Ample funding incentives
In addition to income tax benefits, the greater Dallas region also offers property tax abatement for certain industries and businesses, along with fee waivers for permits and grants to help businesses relocate or expand their existing operations in the area. Plus, there’s a sales tax exemption for businesses that produce software, manufacturing machinery, and materials used in research and development activities. Other financial incentives like the Texas Enterprise Fund offer major “bonuses” to businesses looking to relocate to the state of Texas, and the state’s Skills Development Fund and Enterprise Zone Program help communities and schools get the funds they need to train workers in the skills businesses need to succeed.
Easy access to regional, national and global markets
Cedar Hill is ideally located for businesses that need access to major routes of transportation for shipping and receiving of goods and materials. Home to more than 300 airports and over 10,000 miles of freight lines, Texas helps businesses keep logistics and transport costs low. Plus, access to national and international markets means it’s easier for companies to fuel growth and expansion in the future, as well. And of course, great transportation is a bonus for workers looking to relocate to the Dallas region, too.
Great quality of life
Too often, businesses wind up focusing on the corporate incentives when considering a relocation move. But no matter what industry you’re in, the success of your business depends a lot on your employees. Even if your company offers plenty of on-site perks for your employees, you want to be sure their after-work hours are fun, relaxing, and stress-free, too. After all, workers that lead happier lives are more likely to enjoy their jobs and stay with their employers. With its low cost of living and access to all sorts of extracurricular activities, the City of Cedar Hill offers employees (and business owners) plenty of ways to relax and rejuvenate when the working day is done. The Dallas metro region offers a vibrant cultural scene and plenty of opportunities to enjoy outdoor activities, plus walkable neighborhoods and top-ranked schools make it an ideal place for both singles and families to settle in.
There are lots of reasons why businesses are turning to Texas to drive growth and profitability in the 21st century. As a leading metro region in the nation, Cedar Hill, TX, offers plenty of benefits for employers and their workers, forging a lasting legacy of success. To learn more about the ways Cedar Hill is helping businesses grow their futures, contact the Cedar Hill Economic Development offices today.