Tuesday, February 19, 2013

SOS: Business formations up

The Secretary of State announced the number of business formations in Mississippi increased:
             

7 comments:

Anonymous said...

hard to take too much from these stats. Almost every one or two office dentist, doctor, lawyer, CPA, etc, forms an LLC to run professional practices; many other very small businesses are LLCs as well. I don't think obama will jump on these figures to claim the economy is any better.

Anonymous said...

Business formations are an economic forecasting tool. They indicate people are anticipating making money by making partnerships and plans. Most businesses fail to make money, but they do make other people money as they spend theirs. LLCs are buying property in Fondren because the prospects are positive and the prices are reasonable. Real estate LLCs are making improvements in homes and buildings hoping they can be profitably used in the long run.

Anonymous said...

No doubt there is renewed interest in Fondren as a result of the new, highly engineered and aesthetically pleasing surface based sewage piping system being installed there. The piping on Crane dramatically improves the look of that street and is lifting property values ever higher. Kudos to Jackson for finding new high tech ways to move Fondren's crap!

Anonymous said...

So where are the physical addresses of these 14k LLCs? The Watkins-types have a Fondren address and one in a downtown tower. The interest deduction allows the multi-housed Mississippians to have an urban home, a home in a leafy neighborhood, and a rustic ranch home along with a fractional ownership of a Gulf facing one perhaps. They have no landlord.

Charlie Ali said...

Business cannot replace the family as an economic engine. A family has both a moral and a legal basis. Not to mention the natural generative purpose. Lets have the data on family formations in Mississippi. What is the divorce rate? If families are collapsing and businesses are forming, does that mean things are looking up? No, it means that businesses must snap up the vacant houses that families are leaving.

Anonymous said...

The Jackson bashers are relentless. How did you manage to work in a session on this thread. Time to see your therapist.

Anonymous said...

LLCs are perfect for money laundering just have a white-collar criminal defense attorney with a banker friend, few questionable clients , a compete set of 'Corporate Practice Commentator', and a working knowledge of EFT. A clever LLC put to use for our friends south of the border allows our ethically-challenged state to show some business activity.


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If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

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