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Texas regularly ranks highly among business-friendly states, earning the No. 1 spot in Chief Executive magazine's recent annual report and the No. 5 spot in a February study of the best states for female entrepreneurs. Now, new research shows the Lone Star State stands out as one of the best places to start a small business, specifically.

Business credit card experts Capital on Tap determined Texas is the second best state to start a small business, right after Florida. They retrieved their data from the U.S. Bureau of Labor Statistics based on several factors, including new firm survival rates, corporate tax rates, the number of entrepreneurs per state, and more.

Texas has very friendly tax frameworks when it comes to small businesses; it is one of five total states that don’t impose any income tax. Furthermore, all Texas businesses that make less than $1.08 million in revenue don’t owe any franchise tax. That also includes all businesses that have less than $1,000 in tax liability.

If a small business owner in Texas needed to take out a loan, they’d be able to secure $4,811 per employee, which is the fifth-highest average loan amount in a calculation of all 50 states.

Capital on Tap COO Damian Brychcy says in a release that the decision to start a small business involves assessing several factors and risks, but he hopes his team’s research can provide future guidance for businesses and entrepreneurs no matter where they reside.

“Entrepreneurship is driven by the desire for independence,” he says. “This includes the freedom to pursue your passion, choose your workplace and working hours, and foster personal growth.”

Florida earned its top spot in the report due to its strong support of local economies with the highest number of jobs created by start-ups per 1,000 residents in the state. However, unlike Texas, Florida small businesses have to pay a 5.5 percent corporate tax rate.

The top states that are the best places to start a small business include:

  • No. 1 – Florida
  • No. 2 – Texas
  • No. 3 – Idaho
  • No. 4 – Nevada
  • No. 5 – North Carolina
  • No. 6 – Colorado
  • No. 7 – Washington
  • No. 8 – Georgia
  • No. 9 – California and Montana (tied)
  • No. 10 – Utah
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CultureMap Emails are Awesome

Art Institutes college chain shuts down all campuses, including Austin

Education News

In tragic news for higher education, the Art Institutes, a network of colleges in eight cities around the U.S. including Dallas, is shutting down all campuses as of September 30.

The organization announced its closure with short notice on September 22 via an email sent out to staff and students, attributing the close to "external and internal" events over the past 10 years, including COVID-19.

They called the closure the result of "a culmination of events over the past decade, both external and internal to the campus operations. ... The colleges, which already were dealing with the legacy challenges that arose under prior ownership, were unable to absorb the impact that the COVID-19 pandemic had on schools teaching hands-on and equipment-intensive programs such as culinary arts and fashion design.”

Students were advised to review their contact information on the institute's portal and update mailing addresses if needed, as well as download their student ledger and unofficial transcript.

Academic and financial aid staff will be available on campus through the end of 2023.

"Due to the timing of this decision, The Art Institutes have not had sufficient time to engage with other colleges and universities in their respective markets to sign formal agreements for students to transfer and continue their studies elsewhere," they said in a statement. "The Art Institutes are working with state agencies and The Art Institutes' accrediting agency, Commission on Colleges of the Southern Association of Colleges and Schools, to identify appropriate academic transfer opportunities for students affected by this closure."

The closures affect all of the remaining eight campuses:

  • Miami International University of Art & Design
  • The Art Institute of Atlanta
  • The Art Institute of Austin, a branch of The Art Institute of Houston
  • The Art Institute of Dallas, a branch of Miami International University of Art & Design
  • The Art Institute of Houston
  • The Art Institute of San Antonio, a branch of The Art Institute of Houston
  • The Art Institute of Tampa, a branch of Miami International University of Art & Design
  • The Art Institute of Virginia Beach, a branch of The Art Institute of Atlanta

Although the announcement was abrupt, the Atlanta campus had been listed for lease on September 5, according to CoStar.

At one point, the organization had dozens of campuses across the U.S., but in recent years had endured instability, including two changes in ownership since 2017 and legal troubles over student loans.

According to Higher Ed Dive, their troubles go back a decade to their former owner, the for-profit Education Management Corp, who closed 15 locations before selling off the rest to the Dream Center Foundation, a faith-based organization that set it up as a nonprofit.

The email further states that "The Art Institute colleges were once were part of one of the largest providers of career education in the U.S. and were an important source of design, media arts, fashion, and culinary professionals to fulfill the needs of the local and national employers who sought out Art Institute graduates. Since its founding, The Art Institutes, individually and collectively, provided an academic experience for students who sought education in academic disciplines based in creativity, innovation, and emerging technology. This closure does not diminish the many and varied contributions that The Art Institutes have made to higher education and the knowledge and skills that alumni have taken into their respective fields of culinary, design, fashion, and media following graduation."

New restaurant in Austin suburb ventures through Texan cuisine with South African and Chinese twists

Around the world in 80 dishes

Sometimes you don't have to plan a pricey trip to travel around the world — all you have to do is drive to San Marcos, thanks to the new internationally flavored cuisine at Tarbox & Brown, open now.

Located inside Kissing Tree, a 55+ community (but don't worry, anyone can dine at Tarbox & Brown), the complex's newest signature restaurant boasts a seasonal rotating menu of dishes inspired by executive chef Chanel Beattie's life growing up in Johannesburg, South Africa, and Beijing, China.

Disy by Tarbox & Brown in San Marcos

Photo by Jane Yun

The menu at Tarbox & Brown is sometimes quaint and Texan, and sometimes a bit more international.

Offering breakfast, lunch, and dinner, Tarbox & Brown's name is a nod to the historic Brown and Tarbox Stagecoach Line, a crucial method of delivering communications between Austin and San Antonio back in the early 1800s.

“When creating the menu for Tarbox & Brown, I wanted to share dishes people hadn't experienced yet while also including some familiar favorites," said Beattie in a news release. "We’ll have Asian and Texan dishes, and some French-influenced items, as well. I, of course, also want to add some South African flavor. My team has so many recipes and treats for you to try, and we can’t wait for you to try them all."

For example, Beattie's South African Prego rolls — a steak-centric dish with spicy peri-peri sauce, tomatoes, red onions, leafy greens, and freshly baked bread — may broaden some diners' horizons (especially with the extremely reasonable $16 price tag). There will also be more standard burgers, sandwiches, and grilled cheeses on the menu.

Some nice details that sets Tarbox & Brown's menu apart include a complimentary cup of coffee with each order off of the breakfast menu, and affordable lunch options. T&B's serves multiple meal options priced under $20.

More reasonably priced, international meals with a Texas twang include a New Zealand spring rack of lamb served with honey butter rolls ($36); a 12-ounce Maple Bourbon ribeye served up with mashed potatoes and roasted seasonal vegetables ($33); and vegetarian options like an asparagus and mushroom risotto ($20).

The drink menu also follows a merciful pricing structure, with every signature cocktail coming in at $10 or less, including a white wine-based sangria and a tequila-based cocktail called the "Texas Valley Girl" that is essentially a sweetened paloma.

Having previously served as the executive chef at the four-star Michelangelo Hotel in New York City, chef Beattie also brings extensive baking experience to her tenure as Tarbox & Brown.

Tarbox & Brown is located at 201 Kissing Tree Ln., Bldg. 5, in San Marcos. Breakfast is served daily from 7-11 am, followed by a daily lunch service at different times: Saturday through Tuesday from 11 am-6 pm, and Wednesday through Friday from 11 am-4 pm. Right now, dinner service is only Wednesday through Friday, from 5-8 pm.

More information is available at tarboxandbrown.com. Reserve by calling 512-749-1031 and selecting extension 2.

Getting into Austin's next immaculate speakeasy is actually a secret — for now

Shhhh

Speakeasies have an interesting reputation in Austin. Residents of this "weird" city love a secret. They want to avoid the crowds and the newcomers, but "they" includes the crowds and the newcomers. It's complicated.

There is yet another new speakeasy in Austin, and fans of mystery and exclusivity may be pleased to hear that this time, it's not just a dimly-lit bar in a nondescript building. Visitors will have to follow word of mouth (and perhaps the bar, on social media) to learn a secret phone number, which they can then text to make a reservation.

So-called Trona, after a desert town in Death Valley and the mineral that serves as the base for baking soda, is hidden in plain sight. The colorful graffiti marks the spot for people who know what to look for, making this speakeasy one of the more attention-grabbing secret locales in the city, yet obscuring it nonetheless. An alley entrance (1812 E. 12th St.) ensures that few will be spotted entering.

Although it looks small, it's not tiny: There's enough seating for 49 guests in the "former shotgun bar" renovated under the artsy gaze of Tatanka Guerrero, a Chilean Marfa transplant whose other local triumphs include El Tigre Coffee Roasters, Camp East, and Cork & Screw.

Details are (naturally) sparse, but a release describes what awaits as an "intimate multi-part mixological journey that can't be fully experienced in one visit." The journey will be made in five portions, merging modern Japanese and traditional Oaxacan styles. It seems like these are meant to be juxtaposed rather than seamlessly combined, for air or fantasy or at least a little mystique.

The full bar and cocktail menu will highlight tequilas, mezcals, rare Japanese whiskeys, and "a plethora of natural wines," which will be announced soon.

There is already a phone number on Trona's website, but it does not connect when called. Sending a text leads to an automatic reply that the number is a landline. (Hey, those are mysterious nowadays.)

Trona is the most recent effort of the newly formed Doers and Dreamers Hospitality Group, which includes Guerrero's achievements listed above, as well as Arbor Food Park, which hosts some of Austin's best food trucks including the acclaimed Cuantos Tacos. If Trona matches the tone of its sibling concepts, Austinites can expect meticulous curation behind a slightly punky facade.

Trona is set to open sometime in October. An opening party will be announced soon (and probably covered by CultureMap in that week's food news column).