At York IE, we consider nice corporations can come from anyplace. You don’t should be in Silicon Valley or New York Metropolis or some big metropolis or expertise hub to construct one thing impactful. My profession and my corporations (Dyn, WhippleHill, York IE and lots of extra) reside proof.
Proper right here in New Hampshire, we have now all the pieces founders must succeed: beginning with a tax surroundings that places extra money again in your pocket. I lately was in our state’s capital, Harmony, NH, for conferences and met with Taylor Caswell, Commissioner, NH Division of Enterprise and Financial Affairs (BEA), and Mike Skelton, CEO, Enterprise and Trade Affiliation of NH (BIA), and conversations had been all in regards to the goodness this state has to supply any and all trying to construct in The Granite State. There’s much more to do (and we are going to!), however the basis is robust.
Listed here are a couple of explanation why NH is a founder-friendly state:
- No earnings tax on wages: Founders and staff hold extra of what they earn, which generally is a game-changer if you’re in development mode.
- No gross sales tax: Whether or not you’re launching a product or scaling operations, the shortage of gross sales tax helps you stretch each greenback additional.
- No capital positive factors or property tax: When it’s time to exit or plan for the long-term, NH’s favorable tax construction and belief legislation ensures extra of your wealth stays with you and your enterprise.
- Low company tax charges: NH’s reasonable enterprise taxes imply you’ll be able to reinvest extra into scaling, hiring, and innovating which is strictly what high-growth startups want.
- Work-life steadiness: With quick access to the outside and a tight-knit neighborhood, NH gives a high quality of life that helps founders and staff keep away from burnout. It’s simpler to deal with constructing when you’ll be able to unplug and recharge. Discover all of New England with a brief drive.
- Accessible expertise: New Hampshire’s proximity to Boston, high universities and a rising tech scene means there’s no scarcity of expertise. Plus, with out the cutthroat competitors of bigger markets, startups right here can appeal to and retain expert individuals extra simply.
- Proximity to main markets: NH is near main hubs like Boston and New York, however with out the excessive prices. You get the perfect of each worlds: entry to bigger markets with out the big-city bills.
- Prime quality of life: With top-tier faculties, low crime charges, and a spread of outside actions, NH is a gorgeous place to dwell and work, making it simpler to recruit and retain expertise.
At York IE, we’re proud to be a part of the NH startup ecosystem, serving to entrepreneurs construct growth-focused corporations with the assist of a tax-friendly state behind them. Whether or not you’re primarily based right here or elsewhere, New Hampshire proves you can construct one thing unimaginable, anyplace. We’re a startup serving to startups with our Advisory as a Service platform and enterprise capital funds… and we’re proudly primarily based proper right here within the Reside Free or Die state.
