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Small business optimism dips, but still near historical high

The National Federation of Independent Businesses’ small business Optimism Index maintained a historically solid reading, but took a dip in September, falling 1.3 points to 101.8. September’s figure falls within the top 20% of all readings in the Index’s 46-year history. The survey shows no sign of a recession and indicated continued job creation, capital spending, and inventory investment, all consistent ...

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She’s blind, but that doesn’t keep artist from creating art

HATTIESBURG — The last time lifelong artist Sandra Hinton remembers seeing colors on her paint palette was more than a decade ago. At her Hattiesburg home, Sandra’s living room is decorated with paintings, sculptures and antique furniture. One painting, her husband Cecil Hinton tells her, is on the wall facing the couch. It depicts a banana plant, with smooth green ...

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Mississippi Main Street hires Jennifer Prather

The Mississippi Main Street Association has hired Jennifer Prather of Starkville as the new Director of Community Development for the statewide organization. Prather has served as the Director of Main Street and Tourism for The Greater Starkville Development Partnership since 2017 and has also served as the interim Chief Executive Officer for the past year. As director, Prather has focused ...

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SBA Awards FY 2019 State Trade Expansion Program grants

The U.S. Small Business Administration announced that $683,550 has been awarded  to Mississippi Development Authority that successfully competed for funding to support export growth among small businesses through SBA’s competitive State Trade Expansion Program (STEP).  “SBA is proud to partner with the STEP grant winners and provide much-needed resources that help small businesses increase their sales by exporting,” said Acting ...

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Liza Cirlot Looser named board chair

Liza Cirlot Looser, founder and CEO of The Cirlot Agency, was appointed incoming Chair of the Center for Innovation and Entrepreneurship (CIE) Advisory Board at The University of Mississippi. Hosted by the Ole Miss School of Business, the influential program was founded to inspire students at The University of Mississippi to create valuable new businesses and enhance the economic value ...

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PHIL HARDWICK — Estimating the value of your business

How much is your business worth? There are several ways to estimate the value depending on the type of sale, the motivations of the buyer and seller, and numerous other factors. In this column, we will examine a few different methods of valuing an ongoing business. Before doing so, allow me to share a personal story. In the corner of ...

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Mississippi tops list for fastest-growing small and medium businesses on Amazon

By BECKY GILLETTE Studies estimate that online sales grew 18 percent in 2018, with sales through Amazon representing about 43-49 percent of all online sales. The trend to buy online is expected to continue to grow, which could be good news for businesses in Mississippi, which is the No. 1 state in the country when it comes to the fastest-growing ...

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Amazon sellers in Mississippi can reach customers around the country and overseas

By BECKY GILLETTE While accounting for close to 15 percent of the adult population and nearly three-quarters of the country’s land mass, rural-American accounts for only 3.7 percent of total gross revenues in the U.S. economy, said Amazon spokesperson Joel Sider. But sellers with Amazon.com may actually have an advantage by being located in a rural area if costs for ...

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D’Iberville woman turns hobby into business by selling on Amazon

By BECKY GILLETTE Anna Childers, Apple Farm Creations, Handmade Home Decor & Personalized Gifts, D’Iberville, said the biggest advantage for her and her husband in selling on Amazon is the large customer base. Anna Childers started the business in 2015 selling handmade home decor such as hand-painted wood signs, wood shelves, coat racks, etc. “I love making this kind of ...

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Time to pay up? Minimum wage increase would bring benefits, consequences

By DENNIS SEID / Daily Journal TUPELO • Clay Knight, the owner of Todd’s Big Star, thinks the minimum wage could be raised – but not to $15 an hour. “It would probably cut out all our sack boys,” he said of the grocery sackers, most of whom are high school students who often help customers take their purchases to ...

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