Business & Finance

Guest Column

Small Business Week Resources for New Jersey’s Entrepreneurs

229450bfb8fdf5e7bf40_Newman_Photo_credit_Jim_Alcon.jpg
229450bfb8fdf5e7bf40_Newman_Photo_credit_Jim_Alcon.jpg

More than half of Americans either own or work for a small business, and small businesses create approximately two thirds of the country’s new private-sector jobs. At the same time, over half of new businesses face significant and unique challenges within the first five years.

National Small Business Week, which takes place from April 30-May 6, celebrates the impact of entrepreneurs and small business owners on the American economy. In New Jersey, the NJ Business Action Center (NJ BAC) is helping small businesses grow by offering business owners specialized support.  Specifically, we offer a checklist for small business owners, covering everything from choosing a company name to payroll and taxation. 

Here are the four most important resources that the NJ BAC provides to small business owners: 

  • Real-time mentoring assistance: The NJ BAC call center is a readily available resource for business owners seeking immediate assistance for issues including:  financing and incentives programs, permitting and regulatory processes, and site selection services. Open from 8 a.m. to 5 p.m. EST every week day, the advocates at the NJ BAC respond to entrepreneurs within seconds, fielding an average of 600 calls per week.  Last year, the call center (1-866-534-7789) counseled over 30,000 businesses. Spanish-speaking advocates are available. 
  • Financing and incentive programs:  Need a business loan to finance an expansion?  There are a variety of financing options available to businesses through the NJ Economic Development Authority and community-based micro-lending organizations. The NJ BAC can identify the specific programs for which a business may be eligible – saving entrepreneurs valuable time. Furthermore, we can assist with credit repair services to help position a favorable application process.
  • Export assistance:  Are you interested in marketing your business internationally? For exporting basics, regulatory compliance, customs procedures, grants and more, the NJ BAC can put small businesses in touch with a team of International advocates who can help lay the groundwork for global success. Specifically, companies can apply for funding for international marketing initiatives including trade shows and translation costs through the NJ STEP grant program; click here for more details: NJSTEP.NJ.GOV.
  • “Resources for Business Growth” events:  Throughout the year, the NJ BAC hosts events that match business owners with state and county representatives and community partners to learn more about available resources.  Next week, NJ BAC representatives will attend the Commerce and Industry Association of New Jersey’s event in Saddle Brook, NJ, offering small businesses the opportunity to meet face-to-face and receive direct consultation.

“Business owners are on the job every day and are often too busy to come to our offices in Trenton,” said Lauren Moore, Executive Director, NJ Business Action Center.  “We frequently travel across the state to provide information on the resources we offer to help our state’s businesses succeed.”

For a full calendar of upcoming events, visit: https://www.njsbdc.com/ 

 

The opinions expressed herein are the writer's alone, and do not reflect the opinions of TAPinto.net or anyone who works for TAPinto.net. TAPinto.net is not responsible for the accuracy of any of the information supplied by the writer. Click here to submit a Guest Column.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

East Orange/Orange

East Orange to Begin Hydrant Flushing Program May 21-June 4, 2018

May 20, 2018

EAST ORANGE, NJ - The East Orange Water Department will be flushing hydrants May 21-June 4, 2018 between 8pm and midnight. Residents may experience low pressure and cloudy water during this time. Flushing is conducted during off-peak hours in order to minimize the inconvenience this may cause.

If water becomes brownish in color, residents should run the cold water tap for a few moments and the ...

Memorial Day Service and Parade Monday May 28th!

May 20, 2018

EAST ORANGE, NJ - One of the most certain signs of spring soon turning into summer in East Orange is the towns annual Memorial Day Parade. The parade has been a city tradition for decades and continues to be one of the major rallying events for community pride and camaraderie. 

Mayor Ted R. Green and the East Orange City Council cordially invites our residents, supporters and friends to ...

Governor Phil Murphy to Speak at Bloomfield College Commencement

May 15, 2018

BLOOMFIELD, NJ - The 145th Commencement at Bloomfield College will take place Friday on the 11 acre campus in the heart of Bloomfield at 9:30 a.m. 

The program will include  remarks from honorary degree recipients New Jersey Governor Phil Murphy; Christian McBride, six-time Grammy-winning jazz bassist; and Prof. Deog-Seong Oh, President of Chungnam ...

Two Goal-Setting Techniques to Gain Control of Your Life

In the last email, we discussed how keeping a stress journal can help you identify your stressors. Then you can come up with various success strategies for dealing with them.

In this article, we want to discuss one of the most useful things you can use your new stress journal for is goal setting, in order to take control of your own life so you don’t feel as if you are at the mercy of ...

How a Stress Journal Can Help You Cope

Welcome to the May series on positive and negative stress. I hope you learn a lot from it.

In this series, I will be discussing how stress can sometimes be positive, but what to do if it starts to have a negative impact on your life.

Keeping a Stress Journal

Any journal can aid you in personal reflection, to help you spot patterns, reveal your feelings, and note down what you’ve ...

Using Flash Sales to Convey Exclusivity and Urgency

There are a number of reasons for creating unscheduled or sudden sales, such as flash sales. As the word "flash" suggests, they are sudden and seemingly urgent sales. They can also convey exclusivity if you construct them correctly.

Urgency

In terms of urgency, a flash sale will be short and sharp and give the impression that the clock is ticking. A flash sale can be launched for ...

Upcoming Events

Carousel_image_89b7833f137f24d5e750_invitation_to_ciao_sioree_-_6.15.18_-_front__1_

Fri, June 15, 7:00 PM

The Van Vleck House and Gardens, Montclair

Taste of the Oranges Soiree

Giving Back

Mayor Ted Green to Recognize Historic Nurse and NJ Hall of Fame Inductee Clara Louise Maass during National Nurses Week

May 8, 2018

EAST ORANGE, NJ - Tomorrow, May 9th in City Hall’s Rotunda at 12 noon East Orange Mayor, Ted Green will be presenting a proclamation in honor of the historic nurse, Clara Louise Maass, a native of East Orange who was posthumously inducted into the NJ Hall of Fame. 

History-making nurse Clara Maass (1876-1901) is a native of East Orange who lived on Main Street. She was officially ...