The state of New York is home to over 20 million people; with a staggering 9 million people living in the country’s largest city, New York City. The other sizable portions of the population reside in cities such as Rochester, Albany and Buffalo. As of 2014, the state’s $1.45 trillion economy ranked third in the nation. The economy of New York is fueled by strong real estate market and construction industry, fast growing tech sector and the banking and financial sector. New York City recently surpassed San Jose, the business hub of Silicon Valley as the top city for small business. On the overall, the state is home today home to over 2 million small business owners.
Every financial year, the state offers incentives targeting businesses that want to operate or expand in the area Tevfik Arif Doyen. Topping the list of inducements are tax incentives, innovation … Read more