Dallas, Texas is one of the top ten largest cities in the United States. It is also one of the largest in terms of its economy, with supersectors, aerospace, tourism, and information technology as leading industries. Entrepreneurs and small businesses are also encouraged and well-supported by the local government, which presents an excellent opportunity to start your own business here in Dallas. Our team at Black Sheep Business Consulting will help you write a business plan, and set up your business in Dallas.

The Supersector

The term “Supersector” was coined by economies to describe the combination and interrelation of the trade, transportation and utility sectors. It employs over 2 million people in Texas, and it comprises various sub sectors including retail, manufacturing, warehousing, and wholesale. Growth for these categories is responsive to success in other industries, such as energy and technology. The Dallas Regional Council has also reported that the Dallas Region is developing to employment and business growth levels faster than all other large US Metropolitans. Over 20 Fortune 500 companies generate $800 Million in Dallas annually, including AT&T and CBRE Group.

Defense and Aerospace

Aerospace activities in Texas include aircraft maintenance, repair and overhaul, plane and helicopter assembly, instrument development, rocket technology and commercial space travel. The state also supports major air transportation activities as home to the main bases of American Airlines and Southwest airlines in Dallas, 26 commercial airports and hundreds of fixed base operators. Dallas-Fort Worth Airport is the fourth busiest airport in the US in terms of passenger traffic. Companies in the defense and aerospace industry based in Dallas include Gulfstream, Textron Aviation, and Bombardier.

Tourism and Hospitality

Dallas is also host to the biggest international sporting, musical and cultural events every year. It has premier facilities such as AT&T Stadium, the world’s largest covered stadium. The American Airlines Center is also a regular venue for concerts and sporting events, and it is home to the NBA’s Dallas Mavericks. These events increase the revenues of the tourism and hospitality industry, including restaurants, hotels, and retail outlets. Dallas also has a popular nightlife scene. Our Dallas business plan writers can help you take advantage of the city’s tourism boom and establish a related business, no matter the size of your startup company.

Information and Technology

Information technology is a major industry in Dallas, Texas. Large tech companies such as Dell, Texas Instruments, and Dialexa are headquartered in the area, while AT&T, Inc. and Hewlett-Packard Company are the 12th and 13th largest employers in the entire state, respectively. The most recent uptick has allowed Texas to rise above California as the nation’s top exporter of technology. Alongside the energy sector, technology is an important productive economic element with the potential to influence growth in service industries. Dallas is a top choice for tech entrepreneurs when setting up their headquarters.