In our increasingly high tech world, IT and Software businesses abound. Many tech wizards are interested to start their own businesses because overhead can be very low, while profits can be quite high. Like all businesses, tech operations must hold required state and local licenses. In some cities, like Chicago and New York, IT repair businesses need special regulatory permits.
Although Newark is no longer the manufacturing and industrial center it once was, New Jersey's largest city remains home to a bustling seaport and Manishewitz. Additionally, Newark has several large insurance companies and an major hub airport. As part of its revitalization efforts, Newark strongly encourages small business development. This can be especially challenging given New Jersey's highly regulatory environment. Businesses can expect to apply for many licenses and permits to get established.