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Top Posts & Pages
- Here's How to Value a Restaurant or Bar Business
- Here's How to Value a Retail Business
- Best and Worst Franchises Listed by SBA Loan Defaults
- Valuing a Business Using Rule-of-Thumb Guidelines
- Looking at a Business for Sale That You Might Want to Buy? Here's How to Analyze It.
- What is a Franchise REALLY Worth? How to Value any Franchise.
- Considering Buying a Small Business? Here's How to Safely Write an Offer to Buy a Business.
- What Is a Master or Regional Franchise?
- What is a Business Owner's Discretionery Cash Flow or Seller's Discretionary Earnings?
- What are Business Brokers and What Do They Do?
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Category Archives: Mobile, Fairhope & Gulf Shores, Alabama
Tourism officials in Gulf Shores and Orange Beach, Alabama confirm that the area has enjoyed a record breaking summer. In June, lodging revenue broke a record at $58 million. Early numbers available at this point for the rest of the summer show the trend continuing. Continue reading
Yet another wave of bank ownership changes has hit the Southeast. Pittsburg-based PNC Financial Corporation has entered into an agreement to purchase RBC Bank. PNC is the sixth-largest U.S. bank by deposits. PNC traces its history back to the Pittsburgh Trust and Savings Company which was founded in 1852. Continue reading
Baldwin County, Alabama was recently ranked by Policom Corporation as one of the strongest micropolitan economies among in America. Micropolitan statistical areas are economies with populations of between 10,000 and 50,000 people. Continue reading
A New York financial news and opinion organization has picked Mobile, Alabama as the market in which housing values will rise the most this year. Continue reading
Due to the hard work of an Alabama organization known as Free the Hops, there appears to be a compromise agreement working its way through the Alabama Legislature as a bill that the Governor will sign. Continue reading
According to Calametti and Peyton, the Mobile Bay area hosts 2.5 million visitors a year, not counting those in Gulf Shore and Orange Beach. Those 2.5 million visitors spend an astounding $829 million per year here. “That’s over $2 million per day in business,” Calametti emphasized.
“But there’s more,” Calametti continued. “The two and a half million folks generate some $9 million in lodging taxes and – here’s the most important part – tourism supports almost 16,000 jobs.
“If tourism was a single company, it would the largest employer in our area by far. In fact,” Calametti pointed out, “you’d have to combine the top three to match that number. Continue reading