ATLANTA–Following a quarter-point rate hike in March, expect the Federal Reserve to raise rates twice more this year, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “We will get a rate hike in June,” Dhawan wrote in his “Forecast of the Nation,” released … [Read more...]
Georgia Small Businesses Set to Benefit from Tax Cut, But Not Enough to Break Moderating Trend
ATLANTA–Positive tailwinds triggered by income tax cuts are expected to provide a big boost to small businesses but will not be enough to overcome global headwinds, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “International headwinds from tariff talk will … [Read more...]
Around the Web: A Month in Summary
The Axial Forum's article “What Do Buyers Look for in the Lower Middle Market?” explains how to make your business valuable to potential buyers and how to find the right buyers for your business. The buyers in the lower middle market are usually strategic buyers, financial buyers, private equity firms, and search fund advisors. Buyers in this … [Read more...]
State Small Business Expert Spoke April 24 to GABB
Mary Ellen McClanahan of the Georgia Department of Economic Development spoke about state resources for entrepreneurs and small businesses at the April 24 monthly meeting of the GABB, the state’s only association of professionals who work to facilitate the purchase and sale of businesses and franchises. The GABB meets at 10:30 a.m. at the Atlanta … [Read more...]
GABB CPA’s Discussed Tax Law Impact on Businesses
Wondering how the new tax laws will affect your business? Three certified public accountants discussed how tax law changes will affect businesses, individuals and business valuations during the March 27 meeting of the Georgia Association of Business Brokers. The three accountants also answered questions from the GABB, the state’s only … [Read more...]
GSU Forecasts Decisive Year Ahead For Federal Reserve
ATLANTA–Look for new Federal Reserve Chair Jay Powell, who succeeded Janet Yellen at the end of January, to set forth multiple Federal Reserve rate hikes this year, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Three is a safe bet based on my projections for … [Read more...]
Georgia’s Job Growth Slows, Employment Strong
ATLANTA–Georgia’s employment grew by 85,500 jobs in calendar year 2017 (January to December), a sharp moderation from the gain of 120,600 jobs in calendar year 2016. “The question going forward is will this moderation continue or will the positive national and international developments arrest this moderation trend?” said Rajeev Dhawan of the … [Read more...]
Georgia Tourism is $60.8 Billion Industry
ATLANTA – Those out of town guests who visit the Peach State have a $60.8 billion economic impact and contribute $3.1 billion in state and local tax revenue. “With a record economic impact of $60.8 billion, Georgia’s tourism industry is a powerful economic development tool for local communities and our state as a whole,” said Gov. Nathan Deal, … [Read more...]
Chilean Blueberries To Ship Into Savannah
Georgia's breakfast table just got a lot sweeter, with cheaper, fresher blueberries. U.S. Department of Agriculture has cleared the Port of Savannah to serve as a new entry port for Chilean blueberries, according to a news release posted Jan. 16, 2018 by the Georgia Ports Authority. Previously, the imported berries could only enter the U.S. … [Read more...]
2018 Predictions for Small and Medium-Sized Businesses
Access to the Atlanta Business Journal online is one of the benefits of membership in the Georgia Association of Business Brokers. Here's one of the reports with predictions for 2018. The report predicts that "the continued growth of the gig economy has strong potential to change the way SMB owners think about hiring." Read More … [Read more...]