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Tag Archives: small business

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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MATTHEW McLAUGHLIN — A startup’s guide to Mississippi

I can confidently say that it has never been easier to start a business. Having worked with hundreds of startup and emerging companies over the past 15 years, I have developed a fairly robust professional network throughout Mississippi (and beyond). And while my firm provides technical legal services to these companies, we believe it is our responsibility, as a trusted adviser, ...

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Single most important problem for small businesses is availability

By BECKY GILLETTE Unemployment is at its lowest rate in decades in Mississippi. That sounds good and it is for workers. But this low unemployment rate is “absolutely” a problem for small businesses, said National Federation of Independent Business (NFIB) Mississippi State Director Ron Aldridge. “Mississippi’s recent historic low unemployment rates and record-breaking number of workers with jobs is a ...

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SBA economic injury disaster loans available in Mississippi

The U.S. Small Business Administration says federal Economic Injury Disaster Loans are available in Mississippi as a result of a drought that began Aug. 9. The SBA said in a news release the loans would be available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations. The SBA’s disaster declaration includes the following ...

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Finding a niche is key in starting business

By BECKY GILLETTE Women-owned businesses continue to increase in Mississippi, keeping pace with a national trend that now shows that 38 percent of all U.S. businesses are owned by women. “Women-owned businesses in Mississippi continue to be a force to be reckoned with,” says Janita R. Stewart, SBA District Director in Mississippi.  “They are right there alongside their male counterparts as ...

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Buying or selling: What’s the business worth?

By LISA MONTI San Francisco-based BizBuySell.com, which calls itself the Internet’s largest business-for-sale marketplace, reported recently that “the total number of small businesses changing hands in the first half of 2016 represents an increase from not only last year, but from the record-setting 2014 as well.” The company said 1,935 sales were reported in the second quarter of 2016, bringing ...

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