What major companies are in Memphis?
Here’s an inside look at some of the power players in Memphis:
- FedEx. FedEx is known around the world as a leader in delivery services.
- ServiceMaster.
- International Paper.
- AutoZone.
- First Horizon National Corporation.
- St.
- Methodist Le Bonheur Healthcare.
- Baptist Memorial Health Care.
Is Memphis a good place to start a business?
If you’re looking to start a business, Memphis is your 10th best option, according to a new report. The city also has the lowest cost-of-living index of the 50 largest cities, and resources like Emerge Memphis and Start Co. to spur business launches. …
Do I need a business license in Memphis TN?
A standard business license is needed from your county and/or municipal clerk if your gross receipts are $10,000 or more. You are not allowed to operate until your required license is obtained and posted in your business’ location.
What is a good salary in Memphis TN?
Average Salary in Memphis, TN
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $84,893 | $1,632 |
| 75th Percentile | $69,801 | $1,342 |
| Average | $58,468 | $1,124 |
| 25th Percentile | $46,691 | $897 |
Who is the largest employer in Memphis?
FedEx Corp.
Ranked by Local full-time employees
| Rank | Rank / Prior rank / URL | Local full-time employees |
|---|---|---|
| 1 | FedEx Corp. 942 S. Shady Grove Rd. Memphis, TN 38120 901-369-3600 fedex.com | 30,000 |
| 2 | Tennessee State Government 40 S. Main St. Memphis, TN 38103 tn.gov | 14,500 |
| 3 | United States Government Memphis, TN 38103 800-333-4636 usa.gov | 13,400 |
Why is Memphis the best place to start a business?
With a supportive and highly connected business network, a vibrant academic community and an affordable cost of living, Memphis has a can-do culture that embraces social, creative, philanthropic, and business entrepreneurs. Memphis is a city unlike any other.
How do I start a business in Memphis TN?
How To Start A Business
- Step 1 – Prepare a Business Plan.
- Step 2 – Choose a Business Name.
- Step 3 – Choose a Business Structure.
- Step 4 – Obtain a Tax ID Number for Your Business.
- Step 5 – Determine Your Business Taxes.
- Step 6 – Obtain a DBA for your Business.
- Step 7 – Open a Bank Account in your business name.
How do I start a business in Tennessee?
How to Start a Business In Tennessee
- Choose a Business Idea. Take time to explore and research ideas for your business.
- Decide on a Legal Structure.
- Choose a Name.
- Create Your Business Entity in Tennessee.
- Apply for Licenses and Permits.
- Pick a Business Location and Check Zoning.
- File and Report Taxes.
- Obtain Insurance.
Is Memphis a poor city?
The city of Memphis has a poverty rate of 27.8%. Child poverty is 44.9%, while the poverty rate for people over age 65 is the lowest of any age group at 15.8%. Poverty in Memphis has increased markedly for all ages and for non-Hispanic Blacks as a whole, while decreasing for non-Hispanic Whites and for Latinos.
What industries are in Memphis?
Industries by Neighborhood in Memphis
- Agriculture.
- Oil & Gas, and Mining.
- Construction.
- Manufacturing.
- Wholesalers.
- Retail.
- Transportation.
- Utilities.
Why Memphis is better than Nashville?
For Families. Both Nashville and Memphis have family-friendly museums, great restaurants, parks and plenty to see and do. Both are rich in culture and diversity. The population in Memphis has been steadily decreasing; whereas the booming real estate market in Nashville keeps the city growing.