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...]
Georgia’s Business Climate Tops in the Nation
ATLANTA - Georgia's business climate has been ranked No. 1 in the nation for the sixth consecutive year by Site Selection, a leading economic development trade publication, according to Gov. Nathan Deal. According to Site Selection, Georgia is the first state to hold this ranking for six consecutive years under leadership by the same … [Read more...]
Economic Forecast: Midterm Results Should Ease Corporate Anxiety
Midterm Results Should Ease Corporate Anxiety; Fed to Hike Rates Once in 2019 ATLANTA–The upcoming split control of Congress should somewhat assuage nervousness in the business sector, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Political gridlock is … [Read more...]
Corporate Sector Bounce-Back Leads Georgia Job Growth
ATLANTA–Georgia’s job additions in the third quarter nearly equaled the entire job additions in the first half of 2018, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “In the first six months of 2018, the Peach State saw job gains of 35,600, just slightly above … [Read more...]
Domestic-Demand Sectors Drive Georgia Job Growth
ATLANTA–Georgia’s job creation in the first six months of 2018 primarily arose from domestically driven sectors, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. The state created 36,300 jobs in the first half of the year, lower than the last half of 2017 and … [Read more...]
Flattening Yield Curve Signals Single Remaining Rate Hike in 2018
ATLANTA–Expect the Federal Reserve to raise interest rates in September, then hold firm until long-term interest rates inch up, Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business says. “In his July testimony, Fed Chairman Jay Powell pretty much sealed September’s rate hike,” Dhawan … [Read more...]
GSU Economic Forecaster Advises Patience for Remainder of 2018
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...]