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Home Market Research Startups

Great Companies Can Be Built Anywhere

by TheAdviserMagazine
6 months ago
in Startups
Reading Time: 3 mins read
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Great Companies Can Be Built Anywhere
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At York IE, we believe great companies can come from anywhere. You don’t have to be in Silicon Valley or New York City or some giant city or technology hub to build something impactful. My career and my companies (Dyn, WhippleHill, York IE and many more) are living proof.

Right here in New Hampshire, we have everything founders need to succeed: starting with a tax environment that puts more money back in your pocket. I recently was in our state’s capital, Concord, NH, for meetings and met with Taylor Caswell, Commissioner, NH Department of Business and Economic Affairs (BEA), and Mike Skelton, CEO, Business and Industry Association of NH (BIA), and conversations  were all about the goodness this state has to offer any and all looking to build in The Granite State. There is a lot more to do (and we will!), but the foundation is strong.

Here are a few reasons why NH is a founder-friendly state:

No income tax on wages: Founders and employees keep more of what they earn, which can be a game-changer when you’re in growth mode.
No sales tax: Whether you’re launching a product or scaling operations, the lack of sales tax helps you stretch every dollar further.
No capital gains or estate tax: When it’s time to exit or plan for the long-term, NH’s favorable tax structure and trust law ensures more of your wealth stays with you and your business. 
Low corporate tax rates: NH’s moderate business taxes mean you can reinvest more into scaling, hiring, and innovating which is exactly what high-growth startups need. 
Work-life balance: With easy access to the outdoors and a tight-knit community, NH offers a quality of life that helps founders and employees avoid burnout. It’s easier to focus on building when you can unplug and recharge. Explore all of New England with a short drive.
Accessible talent: New Hampshire’s proximity to Boston, top universities and a growing tech scene means there’s no shortage of talent. Plus, without the cutthroat competition of larger markets, startups here can attract and retain skilled people more easily.
Proximity to major markets: NH is close to major hubs like Boston and New York, but without the high costs. You get the best of both worlds: access to larger markets without the big-city expenses.
High quality of life: With top-tier schools, low crime rates, and a range of outdoor activities, NH is an attractive place to live and work, making it easier to recruit and retain talent.

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At York IE, we’re proud to be part of the NH startup ecosystem, helping entrepreneurs build growth-focused companies with the support of a tax-friendly state behind them. Whether you’re based here or elsewhere, New Hampshire proves that you can build something incredible, anywhere. We’re a startup helping startups with our Advisory as a Service platform and venture capital funds… and we’re proudly based right here in the Live Free or Die state.



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