What business should I open?
Tell Neur the city, what you can invest, and what you like doing. It ranks about two hundred business types by the room left in your city, what each costs to open, and fit, then picks five. You choose which one gets the full report.
Neur picks
Out of 235 business types, these 5 have the most room in Paterson and open inside your budget.
Room is measured inside Paterson's own ZIP codes. Skipped 16 that already have more per person than New Jersey, and 29 that cost more than you want to invest.
- 01
Commercial General Contractor
Builds and renovates commercial space: tenant finish-outs, small buildings, remodels
- RoomPaterson has 83% fewer of these per person than New Jersey. At the state rate it would hold about 15 more.
- CostOpens for $50k to $300k, inside your budget.
- FitPick two or three interests above to weigh fit.
- In Paterson3
- Per 100k vs state1.9 vs 11.3
- Residents per one52,553
- To first dollar—
Needs a small team
- 02
Real Estate Brokerage
Licensed real estate agent or broker facilitating property transactions
- RoomPaterson has 93% fewer of these per person than New Jersey. At the state rate it would hold about 37 more.
- CostOpens for $5k to $25k, well under your budget; the rest is working capital or a second location.
- FitPick two or three interests above to weigh fit.
- In Paterson3
- Per 100k vs state1.9 vs 25.5
- Residents per one52,553
- To first dollar1 to 3 mo
Can be run solo · works part-time
- 03
Cybersecurity Services
Security assessments, compliance readiness and monitoring for small firms, clinics and shops
- RoomPassaic County has 76% fewer of these per person than New Jersey. At the state rate it would hold about 26 more.
- CostOpens for $5k to $40k, inside your budget.
- FitPick two or three interests above to weigh fit.
- In Passaic County8
- Per 100k vs state1.5 vs 6.5
- Residents per one64,998
- To first dollar2 to 4 mo
Can be run solo · works part-time
- 04
Insurance Agency
Independent insurance agent selling and servicing personal or commercial policies
- RoomPaterson has 77% fewer of these per person than New Jersey. At the state rate it would hold about 33 more.
- CostOpens for $5k to $25k, well under your budget; the rest is working capital or a second location.
- FitPick two or three interests above to weigh fit.
- In Paterson10
- Per 100k vs state6.3 vs 27.4
- Residents per one15,766
- To first dollar1 to 3 mo
Can be run solo · works part-time
- 05
Nail Salon
Manicures, pedicures, and nail art services
- RoomPaterson has 72% fewer of these per person than New Jersey. At the state rate it would hold about 26 more.
- CostOpens for $30k to $75k, inside your budget.
- FitPick two or three interests above to weigh fit.
- In Paterson10
- Per 100k vs state6.3 vs 22.8
- Residents per one15,766
- To first dollar2 to 5 mo
Can be run solo · works part-time
Want this on your phone later? Neur can email you these picks with the links.
Three more ideas, written for you
Neur is drafting three more ideas for what you like, usually ten to twenty seconds. The five picks above are final.
How Neur picks
Room is the county's establishments per 100,000 residents against the state rate, from Census County Business Patterns. Types the county already has more of than the state are skipped. Cost uses Neur's startup ranges for each business type against your budget. Fit matches the interests you picked to the kind of work each business is.
The picks are a shortlist, not a verdict. A county with room can still have a crowded neighborhood, and the cheapest business is not the best one. That is what the report checks, for the one you choose.
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