Local Business Owner Thrives After Pitch Competition Win
News Summary Emondre Johnson, owner of The Bark Park, has seen significant growth in his dog care business following his victory at the Birmingham Small Business Week Pitch Competition in 2023. The competition has provided him with vital resources and increased visibility, which has allowed him to offer a variety of services for dogs, including […]
Alabama Ranks Eighth in Business Friendliness
News Summary Alabama has been recognized as the eighth best state for business by Area Development magazine in its 2025 report. The state excelled in areas such as favorable property tax and overall cost of doing business, showcasing its commitment to a pro-business environment. Governor Kay Ivey emphasizes Alabama’s readiness for investment and success. With […]
First Bank of Alabama Named Finalist for Small Business Award
News Summary First Bank of Alabama has been recognized as a finalist for the Alabama Small Business of the Year Awards, nominated by the Sylacauga Chamber of Commerce. Competing in the 51-100 Employees category, the bank stands out for its commitment to community engagement and economic impact. The awards ceremony will take place on November […]
Alabama Ranks Among Top 10 States for Business
News Summary Alabama has been recognized as one of the top 10 states for doing business, ranking 8th in Area Development’s 2025 report. The state excels in favorable property tax, business incentives, and cost of doing business, showcasing its commitment to a supportive business environment. Governor Kay Ivey emphasizes Alabama’s low taxes and smart investments […]
Alabama Businesses Eligible for Federal Disaster Loans
News Summary Alabama businesses and private nonprofits affected by heavy rainfall can apply for low-interest federal disaster loans from the SBA. The EIDL program offers loans up to $2 million with favorable terms, including no interest for the first year. Various counties in Alabama and parts of neighboring states are eligible. The application deadline is […]
SBA Offers Low-Interest Loans for Alabama Rainfall Victims
News Summary In response to excessive rainfall between May 1 and June 30, 2025, the U.S. Small Business Administration has activated the Economic Injury Disaster Loan program for Alabama businesses and nonprofits. This program provides low-interest loans up to $2 million to assist those impacted financially. These loans are designed to aid working capital needs […]
Cracker Barrel to Close 14 Maple Street Biscuit Locations
News Summary Cracker Barrel has announced plans to close 14 company-owned Maple Street Biscuit Company restaurants starting October 1, 2025. This change comes after a significant financial loss attributed to underperforming locations. While Maple Street expanded to 68 restaurants since its acquisition in 2019, the company has faced sluggish growth and performance issues, prompting a […]
Cracker Barrel to Close 14 Maple Street Biscuit Locations
News Summary Cracker Barrel has announced the closure of 14 Maple Street Biscuit Company restaurants, starting October 2025, as part of a strategic realignment following customer feedback. Despite previous expansion plans, the brand’s performance has led to a reevaluation, resulting in a reduction in future openings from 9-11 to 8-10 locations by the end of […]
Goldman Sachs Launches $100 Million Initiative for Small Businesses in Alabama
News Summary Goldman Sachs has introduced a $100 million initiative to support rural small businesses in Alabama. Announced at a Birmingham event, this program extends the 10,000 Small Businesses framework, offering vital resources including loans and business training. Bipartisan backing was evident with commitments from local lawmakers to enhance tax incentives and reduce regulatory burdens. […]
Orlando Named Best City in the U.S. for Starting a Business
News Summary In WalletHub’s 2025 rankings, Orlando, Florida has been recognized as the top U.S. city for launching new businesses, with Tampa and Austin following closely behind. The study evaluated 100 cities based on factors critical to small business success, including costs, environment, and access to resources. With a high small business growth rate and […]