Georgia has been ranked the top state in the nation for business for the past five years by at least two business ranking companies, according to Emily Poole, metro Atlanta project manager for the Georgia Department of Economic Development. Poole spoke to the Georgia Association of Business Brokers on June 25 at their weekly meeting. Site … [Read more...]
The Do’s and Don’ts of Selling Your Business
Selling your business can takes as much planning and careful consideration as starting it does. The Atlanta Small Business Network recently interviewed former GABB president Michael Ramatowski, Managing Partner at RamBizGroup Business Solutions, in the ASBN studios. Considering the most common reason for selling a business is due to retirement, … [Read more...]
Federal Reserve Pauses Rate Actions, More Rate Cuts Predicted
ATLANTA–The U.S. economy is transitioning to a new growth path and production-level shocks in the system can derail its momentum, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College of Business. One shock, the indefinite grounding of all Boeing 737 MAX planes, is domestic in nature and bad … [Read more...]
Georgia Economy in 2019 Started Strong Due to One-Time Factors
ATLANTA–Strong employment gains during the first quarter of 2019 – particularly in hospitality, retail trade and temp employment – were most likely due to one-off factors, such as hosting Super Bowl LIII on top of other championship games, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College … [Read more...]
Middle Georgia Businesses Expect Strong Year
Businesses in Middle Georgia experienced a very positive 2018 and expect an even better 2019, according to the results of Mercer University’s 2018 Middle Georgia Economic Outlook Survey. During 2018, businesses in Middle Georgia added more employees than they expected to add at the beginning of the year. Businesses were also very optimistic … [Read more...]
Could the Red-Hot Market for Businesses Be Cooling Down?
The economy is red hot, and that fact is translating into lots of businesses being sold. However, it is possible that this record-breaking streak of sales could cool down in the near future. Entrepreneurs who are considering selling their companies say they’re worried about the future of the economy, according to an article posted on Inc. in … [Read more...]
AJC Business Journalist Tells About Economic Journalism
Award-winning Atlanta Journal-Constitution economics and business writer Michael E. Kanell spoke to the Georgia Association of Business Brokers on March 26, 2019, about economic journalism. Hear a recording of his remarks here. He discussed how he covers economic trends, how newspaper journalists gather the news, and took questions. The GABB is … [Read more...]
Georgia’s Job Growth Continues with Moderation on the Horizon
ATLANTA–Job additions in Georgia increased from 72,100 new jobs in 2017 to 103,500 job gains in 2018, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College of Business. But, job growth had a seesaw pattern, particularly in high paying catalyst sectors such as corporate, manufacturing and … [Read more...]
Rate Hikes on Hold Until September, Global Economic Breather Affects U.S. Growth Momentum
ATLANTA–The 35-day partial government shutdown was likely economically insignificant except for those who suffered delayed paychecks, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College of Business. “The real bad news was the severe drop in retail sales in December,” Dhawan wrote in his … [Read more...]
New SBA Loans on Hold During Government Shutdown
Business Buyers and Sellers and their Brokers may face an unusual stall on closing their deals due to the federal government shut down. GABB President Dean Burnette says, "I'm in the final stages of closing a deal right now. Fortunately, our SBA Lender got an authorization number the night before the shut down so we will receive our … [Read more...]