Home to over half of New York City’s residents, Long Island is a smart place to start a business due to its population and favorable location. Businesses there have access to a large pool of customers with disposable income. Long Island businesses also benefit from New York City’s tourism industry. (The city welcomed 62.8 million visitors in 2017.)
NerdWallet named three Long Island towns to its list of Best Places to Start a Business in New York, saying that Nassau County boasts a high median income and a high average business income. The future looks bright for the area; Long Island Business News predicts a boom for the local business economy thanks to favorable tax policies and a positive business climate.
The first step to opening a business in this attractive area is talking to a FranNet consultant. FranNet’s local experts know Long Island and New York well, and they’re ready to help you choose a business that will help you reach your goals.