Trying to settle on a place to launch your next venture but feeling stuck on the location? We have an idea worth weighing: point your plans toward New Jersey. Plenty of factors make the Garden State a smart landing spot for a young company, and in the guide below we walk through what makes these towns stand out. Once you pick a community and are ready to set up shop, the commercial moving crews at Teddy Bear Moving can handle the relocation from the first box to the last.
Why the Garden State works for new companies
Before you sign a lease or bring on a single employee, it pays to understand the business climate across the region. Several practical reasons keep drawing entrepreneurs to towns here as the base for a fresh company:
- Close reach to New York City
- A manageable cost of living
- A healthy consumer market
- Reasonably priced commercial property
- A neighborhood that backs local founders
Each of these plays a part in helping a young company find its footing, and you will find all of them scattered across the state. One caveat is worth keeping in mind, though. The most promising towns tend to attract plenty of hopeful owners, so you should expect a fair amount of rivalry. Do not let that put you off. A crowded field often pushes you to sharpen your marketing and think creatively about how to outshine everyone else. First, though, spend some time learning what it takes to register and run a company in the state.
Five towns worth a closer look
Ready to take the leap? As you can tell, there is a lot to gain by putting down roots in one of these communities. Here are five spots across the state where we think a fresh company has a genuine shot at doing well.
- East Hanover is best known as the home of Nabisco, the snack and cookie maker. With a population of only around 11,000, it still holds surprising room for a company to grow.
- Hanover posts an average revenue near five million dollars per business, and the township repeatedly earns a place among the top spots in the region to get a venture off the ground.
- Red Bank ranks among the prettiest towns anywhere in the Garden State, which makes it a natural fit for anyone dreaming of opening a cafe or a restaurant.
- Hoboken sits right across the water and offers arguably the finest view of Manhattan you will find nearby, and that closeness to the city pulls in founders by the dozen.
- Paramus sits in Bergen County and draws crowds to its sprawling retail corridors. As one of the larger communities in the state, it hands startups steady foot traffic and plenty of energy.
Whichever town ends up winning you over, the move itself does not have to be the hard part. When you are set to relocate your operation, reach out for a free estimate and let our team sort out the details for you.
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