The state of Texas has always been known for its Texas-size hospitality to visitors. Likewise, Texas provides a supportive environment to help local entrepreneurs grow the state's small business sector. Small businesses seem to thrive due to the strong local economies of many cities, including Houston, the availability of well-educated workers and local community support from residents of the state.
Establishing a business anywhere in the United States, including in Texas, requires that a person or company fulfill various legal requirements and then engage legal guidance to protect its ongoing interests.
Many Texans believe that the real engines of the national and local economies are small businesses. In Texas, there are more than 2.2 million small businesses, and the number continues to grow. One reason is that the state's small-business policies offer advantages that are not available in some other states. In addition, some of the geographical conditions and the ready availability of workers are factors that seem to be helping new businesses to grow in the state.
Most businesses in the country, including those in Texas, dream of growing, expanding and exploring new opportunities. Mergers and acquisitions are among the tools that can help them do this. Sometimes extraordinary events present opportunities that businesses would be foolish not to take advantage of. One such recent acquisition was perhaps made possible by one man's financial considerations after his divorce.