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FAQs

I’m thinking of starting a business, who do I contact?

Whether you’re an entrepreneur or an existing business owner, opening a new business can be a daunting task. Josh Boland can help you get the ball rolling by connecting you with resources, funding, locations, and answering any questions that arise along the way.

Do I need a business plan? Who can hep me write a business plan?

A business plan can be an important part of ensuring your ideas will become successful. The plan will likely change along the way, but the time spent thinking about obstacles and solutions often separates success from failure. The SCEDC can connect you with resources from the Saint Francis University Small Business Development Center to help guide you through this process.

What kind of funding is available for my business?

It depends. The SCEDC can provide a roadmap of options that fit your situation. Options range from low-interest loans through our Micro-Revolving Loan Fund to large PIDA loans coordinated through SCEDC with your preferred bank. A quick call can help us understand your needs and get you started.

What are tax-free zones and how can I utilize them?

Somerset County has a wide range of properties with beneficial tax treatment. We can help you understand what KOZ and KIZ can mean for your business and where these areas exist in Somerset County.

How can I find out which licenses and permits I need for my new business?

Staying on top of the regulations and cutting through the red tape can seem endless but we can help. Our experience dealing with these issues on a regular basis and knowing who to contact to find the final answer can help to streamline your start-up or expansion project.