It is a fact that starting and running a business in New Jersey is getting harder and harder. Fewer businesses are moving into New Jersey, and perhaps even more disconcerting, we are starting to lose businesses to other states. We can no longer take a position of complacency toward this situation.
These companies are employers, cultivators of talent and creators of opportunity: they are a critical part of the New Jersey ecosystem. Happily, if we look at what is working across the country, we can implement some key policies, which, coupled with New Jersey’s inherent attributes, will put New Jersey back on track to being an economic powerhouse.
New Jersey has long been a place of promise and prosperity. While its geographical location historically provided access to much of what businesses needed to initially establish themselves, a primary factor driving their ongoing success was the fact that employers, residents and government were in a partnership. Today, this partnership has weakened. Read more from NJ.com.