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VOL. 129 | NO. 13 | Monday, January 20, 2014

Shelby County Business Licenses Decline 3 Percent

By Don Wade

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From George’s Automotive to Uncle Floyd’s Tires, Wheel and Auto Accessories, automotive-related businesses were prominent among the 5,361 business licenses issued by the Shelby County Clerk’s Office in 2013.

The licenses, which include both new and renewals, were down 2.9 percent from 5,520 issued in 2012, according to The Daily News Online, www.memphisdailynews.com.

Such fluctuations from year to year are typical. For example, the 5,520 business licenses issued in 2012 marked a 4 percent drop from 2011, when 5,751 licenses were filed in the county.

Ray Pohlman a vice president and spokesman for AutoZone, was not surprised that auto-related businesses showed up often among new and renewed licenses in 2013.

“There are 213 million vehicles – cars, light trucks, SUVs – in the American fleet,” Pohlman said. “And the average age of the vehicle on the road is now approaching 11 years. Before the recession, it was about nine and one-half years.

Business Licenses Down Slightly in Fourth Quarter

The Shelby County Clerk’s Office issued 1,151 business licenses in the fourth quarter of 2013, according to The Daily News Online, www.memphisdailynews.com

This represented little change – a 0.8 percent decline – from the 1,160 licenses issued in 2012.

The Oakhaven/Parkway Village 38118 ZIP code set the pace with 69 licenses filed in the fourth quarter. Next came 65 filing from Hickory Hill’s 38115. Whitehaven’s 38116 had 54. And there were 50 filings from Bartlett’s 38134.

Counting filings that originated in Tennessee, October was the busiest month in the fourth quarter with 429 filings. November had 349 and December had 313.

“That’s a clear indication people are hanging onto their cars longer.”

Business owners wishing to conduct business in Shelby County can file from any location, even outside the United States.

By ZIP code, Hickory Hill’s 38115 had the most licenses last year with 301. The rest of the top five were 38125 (Southeast Shelby County) with 282; 38118 (Oakhaven/Parkway Village) with 278; 38134 (Bartlett) with 238; and 38016 (Cordova) with 231.

The 38115 ZIP led 2012 filings as well, with 288. Southeast Shelby County’s 38125 was next with 257. Then came Cordova’s 38016 with 254; Oakhaven/Parkway Village’s 38118 had 252 and there were 250 filings in the 38111 ZIP in the University of Memphis area.

License filings from proprietors in Tennessee showed April as the most active month with 555. July had 546 and April 481. June had the low, at 274.

Corporate charters in 2013, which include corporations and limited liability corporations, numbered 1,728. That was a 7.3 percent drop from 1,863 in 2012.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 137 4,903
MORTGAGES 88 226 6,452
FORECLOSURE NOTICES 6 25 1,504
BUILDING PERMITS 170 318 11,577
BANKRUPTCIES 65 119 5,078
BUSINESS LICENSES 27 46 1,982
UTILITY CONNECTIONS 84 227 6,693
MARRIAGE LICENSES 15 44 1,385

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