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Tag Archives: small business

Survey: Black Friday could be challenging for retailers this year

This year has been hard on brick-and-mortar stores, with many famous brands reducing their shopping mall footprint. While a recent survey uncovers a bright spot on the fourth quarter horizon for U.S. retailers, seasonal challenges remain. The good news is slightly more consumers say they intend to go into physical stores on Black Friday this year than in 2018 – ...

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Mississippi is 30th kindest to retail businesses in reviews

Where in the U.S. are consumers kindest (and harshest) to retail businesses in reviews? Business software provider Comply analyzed online reviews of local businesses at a state-by-state level A partial look at the result: 1. Montana 89% 2. Wyoming 89% 3. South Dakota 88.5% 4. North Dakota 88.4% 5. Verrmont 87.1% 6. Louisiana 86.9% 7. Massachusetts 86.8% 8. Maine 86.7% ...

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Rural groceries fill need, face struggles

By DANNY McARTHUR / Daily Journal After Shannon Mississippi’s only grocery store closed in early September, local resident Jennifer Watts felt the loss of the long-time community staple “like a death in the family.” Quality Discount Foods served Shannon since 1972. With its doors now closed, residents are left with questions about the accessibility of fresh food and other groceries. ...

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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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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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Small business thrive with help from Mississippi Main Street Association

By Becky Gillette Small businesses are a large part of what makes Main Street communities special, said Mississippi Main Street Association (MMSA) State Coordinator Thomas Gregory. “Many times, these local businesses are also tourist destinations that have become icons in their hometowns,” Gregory said. “The MMSA works with our local communities to attract, support, and retain unique small businesses as ...

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Making small business grow and flourish

Optimism among small business owners is near an all-time high, according to the May 2019 Small Business Optimism Index of the National Federal of Independent Business Research Foundation. Small businesses surveyed reported that they plan to increase employment, make capital outlays, expect to see sales increase and that they believe now is a good time to expand. If you’ve been ...

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Mississippi big cities miss startup list; Tupelo No. 40 for small towns

By JACK WEATHERLY Mississippi’s largest cities struck out in competition for best places to start a business, according to WalletHub, a financial services company that does studies on financial and economic matters. None of its big cities show up in the WalletHub rankings for 2018. Memphis, which, of course, is in Tennessee on the Mississippi border, ranks 84th, and its ...

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