Brunswick County, North Carolina, offers more than just sandy beaches and coastal charm—it’s rapidly becoming a top destination for businesses looking to relocate or expand.
Thanks to an unbeatable combination of low corporate taxes, a skilled workforce, robust infrastructure, and a strategic location, Brunswick is transforming into a commercial hub that draws companies from various industries.
With this guide, you’ll gain a deep understanding of why Brunswick County is the prime location for your business.
We’ll walk through the strategic advantages, the relocation process, and essential factors to consider when choosing Brunswick County as your business destination.
What Makes Brunswick County a Business Hotspot?
Several key factors make Brunswick County a magnet for businesses:
- Unbeatable Tax Advantages:
Brunswick boasts one of the lowest corporate state taxes in the U.S., currently at 2.5%, and it’s projected to drop to 0% by 2029. The promise of low taxes gives businesses a considerable competitive advantage, especially when looking at long-term growth and profitability. The tax breaks aren’t just for big corporations; small businesses and startups also benefit from this favorable tax environment. - Strategic Location:
Brunswick’s proximity to the Port of Wilmington, the CSX rail system, major highways like I-40 and I-140, and multiple airports makes it an ideal spot for businesses that rely on logistics and distribution. You can reach major U.S. markets with ease, opening up opportunities for national and international trade. The county’s geographical positioning on the East Coast makes it a strategic asset for industries like manufacturing, logistics, and shipping. - Skilled Workforce:
Brunswick County is home to a highly skilled labor force of over 200,000 workers. With strong connections to local universities, including the University of North Carolina Wilmington (UNCW) and community colleges like Brunswick Community College, businesses can tap into a deep talent pool. Training programs and apprenticeships help businesses onboard employees with the skills they need, minimizing the gap between education and industry needs. - Quality of Life:
Not only is Brunswick an ideal location for business, but it also offers a high quality of life for employees. Coastal living, access to cultural activities, and a low cost of living make the area highly attractive to professionals and their families. Businesses can leverage this lifestyle benefit when recruiting and retaining talent.
For more on Brunswick’s appeal as a business destination, check out Why Brunswick and Quality of Life.
Steps to Starting a Business in Brunswick County
Starting a business in Brunswick County is a smart move, but it’s essential to understand the key steps involved.
Whether you’re a small business owner or looking to expand a larger operation, following a structured process can help ensure success.
Below is a step-by-step guide:
1. Write a Business Plan
Your business plan serves as your roadmap to success.
It should outline your goals, target market, competitive analysis, marketing strategies, and financial projections. When starting in Brunswick County, you’ll also want to consider how the local economic climate can support your business’s growth.
- Tip: Include factors like the local workforce, tax incentives, and infrastructure in your business plan. This will provide a realistic picture of how your business can thrive in the Brunswick market.
Learn more about writing a business plan and local economic factors from Brunswick Business & Industry Development (BBID).
2. Secure Financing
With your business plan in hand, securing financing is your next major step.
Brunswick County offers several financial incentives for businesses, including grants, loans, and tax breaks. These resources can help ease the financial burden of starting or relocating a business.
- Pro Tip: Reach out to local business groups and networks to explore financing opportunities specifically for businesses in Brunswick County. The Brunswick County Economic Development Corporation is a great starting point for learning about available incentives.
3. Choose Your Business Location
When it comes to business, location is everything.
Brunswick offers several key megasites like the Mid-Atlantic Industrial Rail Park that are designed to attract major industries. Additionally, the county offers a variety of commercial real estate options suitable for businesses of all sizes.
- Site Selection Tip: Look for proximity to transportation hubs (railways, highways, and ports), as well as access to utilities like power, water, and high-speed internet. Also, consider the workforce availability in the area—are there enough skilled workers nearby to support your business needs?
Learn more about Brunswick’s site selection options at Brunswick Site Selection.
4. Register Your Business
Once you’ve chosen a location, the next step is registering your business with the state and local authorities.
This involves getting the necessary permits and licenses specific to your industry and location.
- Resources: Visit the Brunswick Business Resources page to learn about permits, licensing, and other regulatory requirements.
Site Selection Criteria for Commercial Buildings
Selecting the right site for your business isn’t a one-size-fits-all process.
The location you choose will have a long-term impact on your business’s operational efficiency, customer accessibility, and overall success.
Here are some important factors to consider when selecting a site in Brunswick County:
1. Access to Transportation
The location you choose needs to be logistically sound.
If your business relies on shipping goods or receiving materials, you’ll want to be close to the Port of Wilmington, highways, or rail systems. Being near these transport hubs reduces shipping times and costs, giving your business a competitive edge.
- Example: A business in manufacturing might prioritize access to the CSX rail system and major highways, while a retail business could focus more on foot traffic and proximity to customer bases.
Check out Brunswick Infrastructure for more on transportation access.
2. Cost of Operation
Real estate costs, utility expenses, and taxes are all critical factors in choosing a location.
In Brunswick County, you benefit from lower corporate taxes and competitive utility rates, but costs can vary depending on the specific site.
- Tip: Evaluate not just the upfront costs of a location, but also the long-term expenses like utility rates, property taxes, and maintenance.
3. Proximity to Workforce
Your business’s success is tied to the people you hire, so proximity to a skilled workforce is essential.
Brunswick’s access to local universities and training programs means that many locations offer a rich talent pool right on their doorstep.
- Workforce Tip: If you need specialized skills, like IT professionals or engineers, make sure to locate your business near communities with access to educational institutions that produce these professionals.
For more insights on the local workforce, visit Workforce & Education in Brunswick.
Business Relocation: What You Need to Know
Relocating a business is a big decision, but Brunswick County makes it easier with its supportive infrastructure, tax incentives, and a welcoming business environment.
Here’s what you need to know if you’re considering moving your business to Brunswick:
Factors to Consider When Relocating a Business
- Tax Benefits:
As mentioned earlier, Brunswick County offers some of the lowest corporate taxes in the country. This makes it an attractive option for businesses looking to increase profitability. Moving your business to Brunswick could reduce your overall tax burden significantly, especially in the long term. - Workforce Relocation:
Relocating isn’t just about moving your business operations—it’s about moving your people, too. Brunswick’s quality of life can be a strong selling point for employees who are hesitant about relocation. The coastal lifestyle, combined with affordable living, can make Brunswick an attractive option for employees and their families. - Logistics and Infrastructure:
Whether you’re in manufacturing, retail, or tech, your business needs reliable infrastructure. Brunswick’s well-developed transportation network, including the Port of Wilmington and the CSX rail system, ensures that you can move products and people efficiently.
Steps for a Smooth Business Relocation
- Assess Your Needs:
Before making any move, perform a thorough assessment of your business needs. What are the operational requirements? How many employees will relocate? What logistical support will you need? Answering these questions will help you make an informed decision. - Find the Right Location:
Use site selection strategies to find a location that meets your business needs. Evaluate access to transportation, proximity to your customer base, and the availability of real estate that fits your industry. - Coordinate with Local Authorities:
Contact BBID for assistance with the regulatory process and to learn about available incentives. They can guide you through zoning regulations, permits, and any other legal considerations.
Learn more about the relocation process by visiting Brunswick Site Selection.
FAQs About Business Opportunities in Brunswick
1. What industries are growing in Brunswick County?
Manufacturing, logistics, energy, and technology are among the fastest-growing industries in Brunswick. Thanks to access to transportation hubs and tax incentives, businesses in these sectors can scale quickly.
2. How does Brunswick County compare to other regions in terms of business incentives?
With its low corporate tax and strategic location, Brunswick County offers competitive advantages that rival other regions in North Carolina and beyond.
3. Can small businesses thrive in Brunswick County?
Absolutely. Brunswick’s tax benefits, coupled with a skilled labor force and available real estate, make it an ideal location for small businesses to start and grow.
4. Are there specific areas in Brunswick County better suited for certain industries?
Yes, certain megasites like the Mid-Atlantic Industrial Rail Park are tailored to industries like manufacturing and logistics, while other areas are better suited for retail and tech.
Final Thoughts: Why Brunswick County Should Be Your Next Business Destination
Brunswick County is quickly establishing itself as one of the top places to start, grow, or relocate a business.
Whether you’re drawn in by the low taxes, the skilled workforce, or the strategic location, there’s no doubt that Brunswick has the resources and support needed to help businesses thrive.
From the county’s growing industries to its world-class infrastructure, every aspect of Brunswick is designed to attract and nurture business success.
With strong backing from the Brunswick Business & Industry Development team and ample site selection opportunities, there’s never been a better time to consider Brunswick County for your next business venture.
For more resources on starting or relocating your business, explore: