Doing business can be expensive. You have property taxes to worry about as well as other taxes such as state and federal income taxes. New Hampshire has announced that it is the perfect state for business relocation because it has one of the lowest tax burdens in the US. There are other reasons that an office move to New Hampshire might be in your business’ best interest.
New Hampshire, according to recent studies, has a high quality of life with a lower percentage of poverty. In fact the study stated that the state has the highest standard of living in America. Individuals in New Hampshire are educated and there is a growing labor force throughout the New England area, including in New Hampshire. All of these things are good for an office move where you may need to tap into some new talent.
New Hampshire also has a diverse business industry, meaning that there are bio tech, plastics, auto, financial, medical research, medical products, insurance and aerospace companies as some of the top businesses in the state. For business relocation you would be among some great partners. New Hampshire provides a convenient location to New England and the rest of the US, with many international airports close by.
In terms of changing your business location for better success, the above are some things to consider. New Hampshire might not work out for you, but it is definitely a concept worth examining if you think a move would improve things for you.