3 Reasons NYC Is the Best Place to Open a Business
One of the largest economies of the world, New York City, is home to millions of successful small businesses. No matter what industry you’re in, New York offers a wealth of exciting advantages that make it an entrepreneur’s paradise, from a skilled, passionate workforce to unique commercial real estate options. When you’re thinking of opening a business, here are a few reasons New York is the place to establish your company.
3 Reasons to Set up a Business in New York
1. Opportunities to Connect With Other Startups
Your business benefits from being around other startups that provide partnerships, professional insight, and networking expansions. With over 4 million small businesses packed into a few square miles, New York is buzzing with connections in various fields such as media, advertising, finance, and retail stores.
2. Insight Into Emerging Trends
Staying aware of 
global trends helps any business stay relevant, especially when you’re working in the fashion or tech industries. As one of the world’s most important crossroads, New York is a global market hub where businesses establish themselves to stay ahead of the curve.
3. Tax Incentives
New York’s more extensive tax base provides incentives and credits to new companies, saving you thousands that will go back into your business. For instance, the START-UP NY Program allows new businesses to operate for up to 10 years tax-free. This incentive is available when you lease commercial real estate near a qualifying university or college campus, and serves as a financial boost when first starting your company.
Whether you’re launching a tech startup or opening a vintage clothing shop, trust Jeffrey Anderson, Associate Broker, Capital Real Estate Advisers to help find the perfect location for your new business. With his in-depth knowledge of the New York market, he’s successfully brokered commercial real estate deals in the city’s most popular neighborhoods. To speak with one of the city’s best commercial real estate agents, give him a call at (917) 568-9642 today or visit his website.
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