Memphis, Tennessee has not been immune to the pains of a slow economy and some small companies have certainly suffered over thepast few years. However, while the economy has put the squeeze on many small businesses and single man operations, the investment housing boom in cities like Memphis has helped some small businesses flourish. MemphisInvest.com, formally known as Memphis Invest, GP, is a family owned real estate investment company who has led a resurgence for several local small businesses and even helped grow their services during the recession.
"Since I've started doing business with Memphis Invest, I've added one more truck, two more employees and doubled my equipment" stated Tony Scott, owner of The Lockman. Tony and wife Tara own The Lockman and offer locksmith services across the city. "They have helped me to double my business in what are very tough times for a lot of companies. Today they account for close to half of my business and keep all of my crews very busy".
In reviewing numbers for the first two months of 2011, Memphis Invest, GP had generated over $650,000 in payments to local companies on approximately 44 renovation jobs. Those jobs often include local renovation crews and smaller general contracting companies as well as local plumbers, electricians, pest control, lawn companies and locksmiths like Tony Scott. "We work with probably 25 plus companies in the area both big and small and have probably grown into an important supplier of consistent work for these guys" says Ryan Flannery.