Home » NEWS » Small Business (page 20)

Small Business

Mississippi beats all neighbors except Tennessee on Business Climate Index

Mississippi ranks 17th in the Tax Foundation’s State Business Tax Climate Index ahead of all other Southeastern states other than Florida (5) and Tennessee (15). Mississippi carried the same ranking last year and had an 18th ranking in 2011. The Index compares the states in five areas of taxation that affect business: corporate taxes, individual income taxes, sales taxes, unemployment ...

Read More »

Health plans group CEO sees momentum growing for state control of insurance exchange

CLINTON, Mississippi — The CEO of the Mississippi Association of Health Plans says it is likely that state lawmakers will try to shift Mississippi’s health insurance exchange away from federal control to state control within a year. Jeff Drozda, a former United Health Care lobbyist and six-year member of the Indiana Senate, said momentum is growing among Mississippi legislators to ...

Read More »

Businessweek: Debt default will bring economic calamity, new depression

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen, Bloomberg Businessweek predicts. Failure ...

Read More »

The business license cop is on patrol

If you’re a business owner in the city of Natchez, watch out. The business license cop is on his way. The city has entered into a contract with retired law enforcement officer George Rutherford, who has been charged with checking every business in Natchez to make sure they have a valid license. The Natchez Democrat reports Rutherford is starting his ...

Read More »

State auditor cites alarming operational failures in school districts

JACKSON, Mississippi — More than one in three Mississippi public school districts failed to account for all of the students reported as enrolled in schools in their districts, the Office of the State Auditor said in a report released Friday that said many districts failed to live up to many of their responsibilities. In one of the more troubling findings, ...

Read More »

UPDATED: Brandon’s Thrash mulls accepting $33.4 million contract to build state's museums

JACKSON, Mississippi — Brandon’s Thrash Commercial Contractors Inc. has snagged the contract to build the first phase of the Mississippi History Museum and Civil Rights Museum. Thrash, a longtime Central Mississippi construction contracting company that switched exclusively to commercial building in 2000, won the contract with an apparent low bid of $33.4 million. Thrash was among six companies to submit ...

Read More »

Federal shutdown could erase nearly 1 in 5 Mississippi paychecks

JACKSON, Mississippi – The state’s Gross Domestic Product could sustain a severe blow should the federal government shutdown go on for an extended time. Paychecks earned by federal workers made up 18.1 percent of Mississippi’s GDP in 2012, accordiong to the Bureau of Labor Statistics. The Magnolia State also has the fourth highest percentage – 22.1 percent – of federal ...

Read More »

Event to look at tomorrow's Oxford

An economic development organization is putting the future of its community on the front burner today. On Oct. 15, the Oxford Lafayette County Economic Development Foundation will host an event that will examine the future of Oxford in the arena of entrepreneurship and technology growth. The event, hosted by the EDF’s Entrepreneurial Alliance and Innovate Mississippi, will be held in ...

Read More »

‘NO FEAR’ — Rainbow Co-op says it is prepared for the arrival of Whole Foods

By Becky Gillette   The Rainbow Natural Grocery Cooperative located on Old Canton Road has been a mainstay for shoppers interested in organic and natural foods since 1980. Soon it will be facing competition from one of the biggest natural food chains in the country, Whole Foods, which is building a 30,000-square-foot store in Highland Village. But the Rainbow Co-op ...

Read More »

Business league busy in Madison County — Organization plays vital role supporting economic growth

By Lynn Lofton The Madison County Business League has been a busy group since it was created in 2008 and has grown to 135 members. A privately funded 501(c)(6) non-profit economic development stakeholder and support organization, it plays a vital role in this rapidly growing metro county. “The MCBL provides the Madison County Economic Development Authority with support to fuel ...

Read More »