Mississippi Business for Sale – The Business Broker Journal

INCORPORATE YOUR BUSINESS IN MISSISSIPPI

Mississippi Newspaper Directory (See bottom page)

Mississippi College Directory (See bottom of page)

Mississippi City Directory: (See bottom page)

Mississippi Radio Station Directory: (See bottom)

Mississippi TV Station Directory: (See bottom page)

Mississippi Main Newspapers:

Sun Herald

Clarion Ledger

Mississippi Secretary of State:

Secretary of State (SOS): Information about elections, registered businesses, trademarks, and lobbyists.

Mississippi Small Business Administration:

Small Business Administration

Offers business development counseling and training programs and information on SBA loan programs.

Mississippi SCORE Offices

Biloxi - Gulf Coast SCORE

Department of Agriculture and Commerce

This site provides detailed information, such as regulations, news and events, or just general info, related to the agriculture industry in Mississippi. Additionally, many publications are available, as well as links to even more resources for those in the agriculture business.

Mississippi Business Journal

This is the online location of the Mississippi Business Journal, which offers news articles specifically on Mississippi business. A list of special events in the area is also provided.

Mississippi Department of Employment Security

This site provides resources for business owners, such as registration, wage reporting/tax filing, and other information, as well as labor market information. Labor market information covers topics such as occupational wages, occupational projections, and other data.

Mississippi Development Authority

This site discusses why Mississippi is a good place to do business, quality of life, infrastructure, incentives, etc., in addition to providing detailed state industry profiles, site selection assistance, financial aid programs, and various other information such as how to start a business.

Mississippi Economics and Statistics

This site contains many general statistics along with links to economic and labor statistics pertaining to bankruptcy, labor, and economic analysis.

Mississippi World Trade Center

The Mississippi WTC is a member-based nonprofit organization devoted to helping Mississippi businesses with international trade. From the site, you can access information on exporting, importing, marketing, financing, and more. Members benefit from various additional services, such as trade information and education services.

Mississippi.gov

This site, the official website for the state of Mississippi, provides detailed information on a wealth of topics, broadly categorized as government, learning, working, living, visiting, healthcare, and doing business in Mississippi. In the business section, find resources, information, and services related to employment, business law, economic development, agriculture & industry, licensing, and more.

The Journal of South Mississippi Business

This site provides online access to the Mississippi-specific business articles by the Journal of South Mississippi Business.

U.S. Export Assistance Center of Jackson

The Mississippi branch of the Department of Commerce specializes in helping small to medium sized companies develop and execute exporting strategies. Fees vary and are based on the service being provided.

Mississippi State Information

Mississippi is located in the southern region of the United States, just east of the Mississippi River and north of the Gulf of Mexico. Great Britain took control of the area in 1763 after the French and Indian War under the terms of the Treaty of Paris. Mississippi was formally recognized as a territory of the United States in 1798, and in 1817 became the 20th state admitted into the union.

The warm climate and fertile soil allowed for cotton to be the King of Mississippi’s economy through the 19th century. Post World War II Mississippi’s agricultural economy underwent a revolution driven by crop diversification, mechanization, and consolidation. Mississippi’s economy has since become more diversified by slowly balancing agricultural output with increased industrial activity.

Manufacturing currently contributes roughly six times more income to GDP than agriculture, but much of the state’s industrial strength is related to the agricultural sector. One example is food processing, which provides the most income out of any manufacturing industry in the state. This has also helped support agriculture, which continues to employ approximately 30% of the state’s workforce either directly or indirectly. Poultry and eggs constitute the largest agricultural output, while forestry, cotton, catfish and soybeans are other major contributors. Many businesses have moved to Mississippi because of the state’s business-friendly taxes, proximity to primary products and weak labor unions.

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STATE INFORMATION

Abbreviation: MS

Capital: Jackson

Nick Name Magnolia State

State Web Site: http://www.mississippi.gov

Motto: By valor and arms

SYMBOLS

Flower: Magnolia

Bird: Mockingbird

TOP 5 EXPORT PARTNER COUNTRIES

Canada, Mexico, United Kingdom, China, United Arab

TOP 5 EXPORT MERCHANDISE

Paper Sales

Chemicals Sales

Textile Mills Manufacturing

Primary Metals Manufacturing

Machinery Manufacturing

MAJOR CITIES

Biloxi, Gulfport, Jackson

GDP

Total Gross Domestic Product (USD Millions): $84,225

Per Capita Real GDP (USD): $24,062 Rank: 50

POPULATION

2,844,660 Rank: 31

AGE DISTRIBUTION

Under 18 Population: 775,187

Under 18 Percent of Total Population: 27%

65 and older Population: 343,523

65 and older Percent of Total Population: 12%

GENDER DISTRIBUTION

Male Population: 48.3%

Female Population: 51.7%

Non-English Speaker (at home): 76,875

Net International Immigration: 10,653

Birth Rate: 14.7%

Percent of People Under Poverty Level: 21.3%

Rank: 1

EMPLOYMENT

Employment: 1,113,000

Average Annual Wage: $30,460

Unemployment Rate: 6.8%

Rank: 49

REVENUE

Personal Income: $78,317

Rank: 50

EDUCATION

High School Graduation Rate: 61.1%

Rank: 44

Percent of Population with a Bachelor's Degree: 18.7%

Rank: 50

Percent of Population with an Advanced Degree: 6.5%

Rank: 50

LARGEST UNIVERSITIES:

Mississippi State University

University of Mississippi

University of Southern Mississippi

MAIN AIRPORTS

JAN Jackson-Evers International Jackson

HKS Hawkins Field Jackson

PORTS

Biloxi

Greenville

Gulfport

Pascagoula

Vicksburg

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Per Capita Real GDP: $24,062 Rank: 50/50 (2006)

Population: 2,844,660 Rank: 31/50 (2000)

Per Capita Personal Income: $26,535 Rank: 50/50 (2006)

Unemployment Rate: 6.00% Rank: 47/50 (2008)

Business Tax Climate Index: Rank: 18/50 (2008)

Corporate Tax Rate: 3%

Individual Tax Rate: 3% - 5%

Sales Tax Rate: 7%

BUSINESS TAX CLIMATE

Individual Income Tax Index Rank: 16

Sales Tax Index Rank: 35

Unemployment Insurance Tax Index Rank: 5

Property Tax Index Rank: 32

Business Tax Climate Index: 18

Corporate Tax Index Rank: 8

Aberdeen, Mississippi (MS) (pop. 6,415)

Amory (pop. 6,956)

Batesville, Mississippi (MS) (pop. 7,113)

Bay St. Louis (pop. 8,209)

Biloxi (pop. 50,644)

Booneville, Mississippi (MS) (pop. 8,625)

Brandon, Mississippi (MS) (pop. 16,436)

Brookhaven, Mississippi (MS) (pop. 9,861)

Byram (pop. 7,386)

Canton, Mississippi (MS) (pop. 12,911)

Clarksdale, Mississippi (MS) (pop. 20,645)

Cleveland, Mississippi (MS) (pop. 13,841)

Clinton, Mississippi (MS) (pop. 23,347)

Columbia, Mississippi (MS) (pop. 6,603)

Columbus, Mississippi (MS) (pop. 25,944)

Corinth, Mississippi (MS) (pop. 14,054)

D'Iberville (pop. 7,608)

Gautier (pop. 11,681)

Greenville, Mississippi (MS) (pop. 41,633)

Greenwood, Mississippi (MS) (pop. 18,425)

Grenada, Mississippi (MS) (pop. 14,879)

Gulfport, Mississippi (MS) (pop. 71,127)

Hattiesburg (pop. 44,779)

Hernando, Mississippi (MS) (pop. 6,812)

Holly Springs, Mississippi (MS) (pop. 7,957)

Horn Lake (pop. 14,099)

Indianola, Mississippi (MS) (pop. 12,066)

Jackson, Mississippi (MS) (pop. 184,256)

Kosciusko (pop. 7,372)

Laurel, Mississippi (MS) (pop. 18,393)

Long Beach, Mississippi (MS) (pop. 17,320)

Louisville, Mississippi (MS) (pop. 7,006)

Madison, Mississippi (MS) (pop. 14,692)

McComb, Mississippi (MS) (pop. 13,337)

Meridian, Mississippi (MS) (pop. 39,968)

Moss Point (pop. 15,851)

Natchez, Mississippi (MS) (pop. 18,464)

New Albany, Mississippi (MS) (pop. 7,607)

Ocean Springs (pop. 17,225)

Olive Branch (pop. 21,054)

Oxford, Mississippi (MS) (pop. 11,756)

Pascagoula (pop. 26,200)

Pass Christian (pop. 6,579)

Pearl, Mississippi (MS) (pop. 21,961)

Petal (pop. 7,579)

Philadelphia, Mississippi (MS) (pop. 7,303)

Picayune (pop. 10,535)

Richland, Mississippi (MS) (pop. 6,027)

Ridgeland, Mississippi (MS) (pop. 20,173)

Senatobia (pop. 6,682)

Southaven (pop. 28,977)

St. Martin, Mississippi (MS) (pop. 6,676)

Starkville (pop. 21,869)

Tupelo, Mississippi (MS) (pop. 34,211)

Vicksburg, Mississippi (MS) (pop. 26,407)

Waveland, Mississippi (MS) (pop. 6,674)

West Hattiesburg (pop. 6,305)

West Point, Mississippi (MS) (pop. 12,145)

Yazoo City (pop. 14,550)

Source: Global Edge, Business.Gov, City-Data

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