New Hampshire

Overview

New Hampshire was one of the earliest colonies established in America. It was settled in 1623, but it wasn’t until 1679 that it became its own royal colony separate from Massachusetts. The state was a leader in the revolutionary cause, and New Hampshire delegates were the first to vote for the Declaration of Independence in 1776. Abundant water power turned New Hampshire into an early industrial state. To this day, manufacturing is the largest driver of the state’s economy. New Hampshire also has a stable tourism industry due to the scenic Northeastern forests, coastline, and mountains. Several notable figures have called New Hampshire home, including Horace Greeley, President Franklin Pierce, and, first American in space, Alan Shepard. New Hampshire could be arguably the best place to start a business in the Northeast.

Industry Stats

  • More people work to produce military grade ordnance in New Hampshire than baked goods.
  • The average price for a wedding in New Hampshire in 2015 was a staggering $36,434.
  • The state has over 16,000 registered nurses.
  • Despite being the highest paid job on average in New Hampshire, there is only one dentist for every 70 people in this state.
  • Couples in New Hampshire spent over $812,000 on flower girl petals in 2015.
  • More people work in elementary and secondary schools than any other industry in this state.

New Hampshire is one of the easiest places to start a business in New England due to its favorable licensing regulations, friendly environmental regulations, moderate taxes, and strong networking programs. The state also receives the market benefit of having world trade hub Boston nearby without suffering from too much direct competition.

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