Grow

Open Another Location

Expanding your business in New Jersey with a second location may beis a great next step for your business. Before growing there is a lot to consider to make the best decision for your core business.

Managing Multiple Locations

When your primary location is profitable, and you are confident that the steps you took to find success can be transplanted, you may want to consider expansion. However, the most important question to ask yourself is whether your presence is critical to the success of your business. If your customers don't require doing business directly with you, expanding to a new location may be beneficial.

Go

Financing a New Location

Opening a new location will require financing, but do not count on your existing location for any funding; rather, consider the new location as a separate business. Be certain that you have pre-arranged, adequate financing for the proposed new location. This may include funding sources such as loans, outside investors, and your own personal capital. Read our tips on financing your business as a refresher.

Finance Your Business

Choosing a New Location

You already chose a great location once. Review our tips on how to choose a location to help you identify new target markets and assess the strength of demand for your services.

Choose a Location

Registering a New Location

You will need to register your new location with the Division of Revenue alongside your original location.

NJ Division of Revenue

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