Time to Think Small NJBIZ panelists offer advice to startups on coping with the pandemic As the pandemic grinds on, entrepreneurs are facing mounting problems. Money from the Cares Act including the Economic Industry Disaster Loans and new Small Business Administration programs have helped businesses survive. Cooperation between groups and towns geared to helping small businesses with marketing and...
“New Jersey's shining star has been the warehouse and distribution sector" according to Michael G. McGuinness, CEO of NAIOP New Jersey, which represents developers, owners, asset managers, and investors of commercial, industrial and mixed-use properties. The association has 830 members in New Jersey and over 19,000 members throughout North America. McGuinness believes that "the pandemic-driven...
Boats, Bikes and Birdies Why the business of outside is exploding Any business that has to do with outdoors is booming during this pandemic. Golf clubs and tennis court memberships are way up. At the shore, boat rentals are “off the charts” and “people are buying anything that floats.” Many people who would normally take a weekend to go up north or out west are adjusting their plans due to...
Tapping the Breaks How the state’s tax incentive programs have been operating during the pandemic Companies that received awards from the State of New Jersey’s Grow New Jersey and Economic Redevelopment and Growth gap financing program have been able to request extensions due to the Covid-19 outbreak. Also, the state relaxed standards on how much time employees have to spend in the office from...