Starting a Business in New Hampshire

Hew Hampshire car wash market. Well we haveand will probably not face the same fate as cities like
visited every city in New Hampshire over theBangor Maine, because it is close to other large cities
population of 10,000 at least twice, the larger ones fourincluding Boston, where things cost more due to higher
and five times talking to many people in variouscosts of living and wages there. It is a good
industries. Landscapers, brick layers, Heating and Air,compromise for those who need to get out of the big
Plumbers, Car Dealers, Professional People, Politicians,city to compete on cost. The Toll Way running through
wood be politicians, chamber of Commerce Personal,the city is not to damaging to Nashua for trade with
Economic Development people and just nice folks onpartnering city Manchester, NH because there is a
the street. Including skateboarders; Hockey andshort distance and the fees are small and two other
Soccer Moms; Canadian Tourists and this last visitroutes, which are easy travel. No charge to drive to
mourners for the Old Man of the Mountain who died inBoston and therefore trade with Boston is
vain after a Harsh winter of snow and rain. Thegood.Nashua and the governor of NH have been really
ceremonies were good and respectful of our fallenworking hard to attract companies in Tech to NH for
gentleman. But the world marches on and with moremany years now. It has worked well but now the lay
places to go and people to meet including an in depthoffs have been hurting things a little more than
look into what makes Nashua tick. One of the majoranticipated. We have seen many top notch companies
populated cities in NH and there are not many of them.come to play in the area here. Such as EDS, Digital
Total Population is about 1,272,600 approximately.Equipment, Raytheon, all of which had lots of layoffs.
.Nashua is growing unlike other areas of the statesWhat the city going was the move towards services
that are more Northern which are losing populationand retail to cater to these young up and coming
base; According to the Tiger Files associated with theprofessionals. But the lay offs were not pretty; but
last Census. We are seeing more Canadian TourismNashua has seen it before after the dying of all the
as the Dollar has fallen against their currencymills, Back in the 1600s the colonial town made hay
somewhat. A little better than 2/3 as was the previousdue to it's closeness to Boston at which time our
known standard that people assumed. Tourism is up afamily in the Silversmith business often traded with the
little now finally and mostly because it is an easy drivepopulation of Nashua. The biggest growth of the city
for NY, NJ to get out of the heat. The Winter was awas from 1960-1980 before the tech bubble, lots of
bummer as most admit, but it is hopping now. Weathergrowth.The retail sector and upgraded downtown
in Nashua is not as bad as one might think. Dec thruproject, they call it "Destination Downtown." has
February are a little tough but Nov and March on thecaptured the essence of a point of destination, every
other side of the cold period are very doable, with theweekend Boston Suburban Harley Riders drive to
typical three day storms which come through, theNashua and hang out and spend money. This has
issues of doubling up storms or six day bad weatherbeen very successful with travelers, locals and tourists
cold snaps are common in Nov thru March andalike and it is the answer to fixing these small town
occasionally in Oct and also in April. It was a longareas where urban flight can destroy all hope. Check it
winter this year and the worst in six years, but notout, it is cool; there are the annual events bringing even
horrific. Not extremely conducive to car washing andmore people. Also housing and construction are alive
mobile detailing and in the rough economy not invitingand well as Nashua keeps getting high rankings for
but doable never the less and better than somegood schools, friendly folks, lower taxes and a really
industries as things have been tough. Luckily thegreat place to live. This means that it is a nice place to
increase in population has helped. Manufacturing hasclean cars too. Just over the border in Mass, is Hudson
taken a little bit of a hit like all manufacturing jobs in theand it too is seeing strong middle class growth. With
US, although NH likes to think of this as their secretTech slowing what is NH next play for jobs and
strength, well we will give them that, it is true, but longboom? Well it is attempting to re-invent itself again.
term that could be dangerous after touring the closedAnd if any state can it would be the tenacious people
mills across the border in Maine things were not thatof NH, is Biotech the next power play? It could be the
great and hopefully their past is no indication of thejobs market is less costly for companies and the
possible future of NH. We see the city of Nashua as astudents are available in bulk and inexpensive and
different type of town although surely Manufacturing aplentiful .There is a little of everything in NH, why not
factor too. Since 1990 most of NH has had greatBio-Tech after all next to Boston it makes a good fit.
growth in High Tech manufacturing whereas the otherThere are some car washes in the area too and they
New England Sates all had net loses. But today thatare well received and thriving proving that the market
incredible advantage could prove a liability. In all of NHthere is strong. Gentle Touch car wash has two
there was a 4-5% decline in manufacturing which hurtlocations, both are busy every time we have been by.
just like in Vermont, which competes for the sameWe saw several other car washes but we really liked
manufacturing jobs in low tech, but not so much in highthe Gentle Touch and so do customers. Lucky Duck
tech. Burlington, VT has also seen a hard time, yetCar Wash is also good. The is also a really good Detail
even with that retail and services have picked up in NHShop which were quite good. .They also own body
and VT and with both have Universities that doshops and have a good customer base and dealership
research and development, they have been able towork and they are busy.The local detailing and car
find new placement for graduates willing to stay inwash establishments are doing well in New Hampshire,
state and work. Those have been good paying jobs.not all are breaking speed records but all are making
17% of all jobs in NH up until even the beginning of themoney from what we saw. What type of business
year have been manufacturing. Nashua is not aswould you like to establish in NH, there is growth and
heavy in manufacturing as the neighboring large citiesroom to grow for most any type of small business.