Find the right franchise in New Jersey
New Jersey’s Strong Labor Force Supports Budding Businesses
There’s a positive outlook among business leaders in the Garden State. The 59th Annual Business Outlook Survey, conducted at the end of 2017 by the New Jersey Business & Industry Association, says that NJBIA members believe that sales, business profits, and hiring are on their way up.
One of the most telling indicators of satisfaction in the NJBIA survey is that 45% of participants believe that New Jersey’s public school system is superior to those of other states. That’s backed up by US News & World Report’s ranking, the publication puts New Jersey second in education. Overall educational attainment is higher than in most other states. All that adds up to a well-prepared, educated workforce.
The quality of life in New Jersey is high, and crime is low. This is good for business and for everyday life. It also contributes to tourism; many businesses benefit from the money spent by visitors each year (around $44 billion in 2016).
FranNet’s local experts are ready to help you choose the best business to start in New Jersey. They know the area and the people, and they’re here to help you make the most of everything New Jersey has to offer.
New Jersey by the numbers
- Total population: 9,032,8721
- Number of annual visitors: 98 million in 20162
- Per Capita GDP: $56,5653
- Median household income: $76,1264
- New Jersey franchises were projected to produce an economic output of $19b from all sales of goods and services in 20185 (IHS Markit forecast for the IFA, January 2018)
Franchise brands available in New Jersey
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