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Take advantage of the many resources to support your business. Receive hands-on guidance on business planning, taxes, marketing, and much more.
The New Jersey Business Action Center in the NJ Department of State is a business-first resource that can help you get answers from government agencies, direct you to appropriate officials or contacts, facilitate meetings and follow-ups with regulatory agencies and so much more, all at no cost and strictly confidential. NJBAC can also connect you with the many non-profit organizations that provide free or low-cost services to support small businesses.
There is no substitute for expert advice. Visit a New Jersey Small Business Development Center (SBDC) near you for help with growing your business. Receive free, hands-on guidance on business planning, taxes, marketing, and much more. To learn your local SBDC regional office, call 1-800-Jersey-7 or chat with us.
The New Jersey Economic Development Authority (NJEDA) has resources for businesses in need of financing, nonprofits seeking capital to expand community services, municipalities looking to attract the business community, developers, and more.
With its large portfolio of varied programs and services, the NJEDA can assist you with access to capital, including tax-exempt and taxable bond financing, loans, loan guarantees, and business and tax incentives. In addition, the NJEDA offers real estate development assistance and state-of-the-art technology facilities like the Technology Centre of New Jersey in North Brunswick.
ResearchwithNJ.com is a free database for businesses and entrepreneurs to search for experts in science, technology, engineering and mathematics (STEM) and learn about their professional backgrounds, publications, and achievements. It also contains information about research departments and specializations of six participating New Jersey universities: New Jersey Institute of Technology, Princeton University, Rutgers University, Rowan University, Stevens Institute of Technology and Montclair State University.
A Chamber of Commerce is a business network that connects its members with ideas, resources, and each other. Chambers of Commerce also frequently lobby on behalf of businesses for laws and policies that are favorable to its members. A Chamber can be organized around a specific region, such as businesses located in Morris County, around a specific type of business, or around another affinity, such as an ethnic group. Find a Chamber that suits you and your business.
New Jersey has a huge amount of talent, including professionals who can provide expertise to support and protect your business. A few of the common types of professional assistance that are utilized by business owners include:
Lawyers: Lawyers can provide assistance for many of your business needs. From helping you to incorporate your business, filing a patent, reviewing leases or contracts with suppliers and vendors, or protecting you in the case of an employment or civil lawsuit, having a lawyer who you work well with and trust will likely come in handy.
Accountants and Bookkeepers: The difference between an accountant and a bookkeeper is subtle, but important if you're trying to find the right skill set to help your business. An accountant is specialized in providing high level financial expertise, such as analyzing your business operations and profitability, or preparing your taxes. A bookkeeper, in contrast, can support you in your day-to-day financial transactions, such as preparing invoices, completing payroll or recording financial transactions into your ledger.
Business Brokers: A business broker is a licensed professional who specializes in selling, buying, and evaluating businesses. If you're interested in buying an existing business, or selling your own business to someone else, a business broker can help you to find a buyer or seller, evaluate the value of a business, and help to structure and negotiate a deal.
Insurance Brokers: An insurance broker can help you to purchase the right insurance to protect yourself and your business. Typical business insurance needs can include liability insurance, property insurance, business interruption insurance, workers' compensation insurance and home office insurance. You can also work with your existing insurance provider to assess your options, but you shouldn't assume that your business needs will be covered under your personal insurance policy.
Designers: Having someone with a design eye can help you to market your business, rebrand your store, or make sure that the interior and exterior of your business, as well as your business materials, are professional and attractive to customers.
Business Process Professionals: A business process professional is someone who specializes in evaluating business operations and recommending improvements that will help to optimize and streamline your work. For instance, they might recommend a new point-of-sale system that can help you better track your inventory, or ways to automate repetitive actions, such as billing or phone calls, that will help to increase your employee productivity and efficiency.
New Jersey libraries provide a wealth of information to help businesses grow and succeed, whether in the beginning stages of writing a business plan, conducting market research, or exploring financing options. Statewide, the New Jersey State Library, through funding from the Institute of Library and Museum Services, makes available a suite of resources for all New Jersey residents with a library card, accessible anytime from anywhere. These include Business Source Elite, Regional Business News, ReferenceUSA, and Small Business Reference Center, among others.
Individual libraries may select to provide additional online tools for their users covering a range of business and entrepreneurship topics. Additionally, many libraries also conduct and host training offered by partner business organizations, including the New Jersey Division of Taxation, Small Business Administration, SCORE, UCEDC, Small Business Development Centers, and more.
For more information, visit your local public library, JerseyClicks.org, or the New Jersey State Library.