Plano Business Resources
Plano is the 9th largest city in Texas and is the home of thousands of businesses, including several Fortune 1,000 companies. Many large corporations including Frito-Lay, J. C. Penney, Siemens PLM Software, and Toyota Motors USA have operations in Plano.
Plano is home to many established companies and helps businesses to thrive:
In 2008, Plano received national attention when it was named as the Most Affluent City by the Census Bureau.
Monster.com named Plano, Texas as number one on its list of the Top 5 Cities to Build Wealth.
A noteworthy Plano business is that of billionaire Ross Perot, who founded the computer company, EDS and Perot Systems.
In 2010, Plano was named as America’s Safest City by Forbes Magazine.
In 2015, Plano became the second city in Texas to be awarded the 4-STAR Community Rating for Sustainability by STAR Communities.
With warm, favorable weather, and a close proximity to the Dallas metro area, Plano is one of the top destinations in the country for new and established businesses.
Business Structure and Licensing
To start a small business in Plano, you will first be required to select a business structure. If you want to set up a partnership, corporation, LLC or non-profit organization, the first step is to file the required forms with the Texas Secretary of State.
Businesses in Plano are not required to obtain business licenses, with the exception of professional services and certain industries.
Plano requires businesses that perform retail sales of tangible personal property to register for a sales tax permit with the Texas Comptroller of Public Accounts.
Business Support From the City
The Plano Chamber of Commerce provides active support for business owners in the community and offers many benefits to members that can improve the odds of business success.
The Plano Chamber of Commerce Women's Division provides support to women business owners by hosting networking luncheons and professional development programs.
Small business owners can reach out to SCORE Chapter 22 for business counseling and financial assistance. Visiting the SCORE Chapter 22 office in Plano can yield additional resources.
The links below will help you get started with your Plano business:
If you're looking to start a business in Plano and need some tax planning and accounting advice, give us a call at (214) 600-8609 to discuss your situation.