SC Archives - Carolina Services Inc

Nov 30

Winner Champion Trophy Placed On Hand Raised Holding For Award O

Fastest Growing Companies in SC Among State’s Top Businesses

By Jennifer Iverson Economic Growth, SC

2020 might have been completely out of the ordinary in some respects. But that hasn’t stopped many companies from finding ways to continue serving the needs of their customers! Each year, a group sponsors this ongoing competition among the state’s fastest-growing businesses. The primary sponsors include The Capital Corporation, Integrated Media Publishing, and KeenanSuggs|HUB Insurance. Anyone can nominate a company, but there are specific criteria for winners. To be considered, a company must: Be headquartered in South Carolina Have operated…

Apr 13

A Different Kind of Spring in Charleston

By Jennifer Iverson Charleston, Charleston SC, Mount Pleasant, SC, Tourism

At a time when Charleston is normally gearing up for an influx of visitors from all over the world coming to our lovely city, we find ourselves fighting and working through one of the worst events since the Fire of 1861. Instead of volleying for business, we are working together to serve those in the city who need and provide help. In the past through fire, hurricanes, and other disasters, communities worked together to help each other. The difference —…

Mar 27

The CARES Act Opens Floodgates to Free Money for Businesses

By Jennifer Iverson Charleston SC, Mount Pleasant, SC

The CARES Act has opened the floodgates to free money for businesses. Below are the basic details of loans available to businesses. They are incredible unless regulations apply limits: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that is an SBA approved lender and is guaranteed by the SBA. Loan Is nonrecourse to the borrower. The loan is forgiven if you don’t cut…

Mar 24

Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning

By Jennifer Iverson Charleston, Charleston SC, SC

Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning With the rapid onslaught of the Coronavirus already disrupting business operations in the U.S., there are three ways you can face the future: panic, do nothing, or plan. As we work with business owners through these tough times, we know the best way to do this emergency business planning, making the situation under your control as much as possible. By now you have probably read all the…

Sep 10

Multiple Downtown King Street Properties Sold for $24.5 Million

By Carolina Services Charleston SC, commercial real estate, SC

A real estate transaction valued at $24.5 million recently closed, combining ten King Street properties and six sellers. The King Street deal included the sale of a large downtown parking lot and two historic buildings in the city’s robust shopping corridor. The sale took over 18 months to close and is one of the most significant deals on King Street. About the Transaction Charleston Commercial and GS Acquisitions completed the final real estate deal. Included were two historic structures on…

May 09

Population Growth Soars by Nearly 63,000 in the Palmetto State

By Carolina Services Economic Growth, SC

The Palmetto State continues to be one of the fastest-growing regions in the country. In fact, nearly 63,000 people moved to South Carolina in the last year! Some areas of South Carolina have seen slower population growth while other counties – including Horry and Berkeley – have new residents pouring in. Counties adjacent to Charlotte and Spartanburg have also seen a big influx of new residents. The new population growth raised the state’s population to just over 5 million people….

Jan 28

89 Percent of New South Carolina Residents from Out of State

By Carolina Services SC

South Carolina continues to grow at a fast pace and is the 9th-fastest-growing state in the country. A flood of new residents, mostly from out of state, continue to move here. The population for the Palmetto State has nearly doubled since 1970 according to new U.S. Census Bureau estimates. This growth is due to new residents moving here rather than an increased birth rate. Nevada and Idaho were the fastest-growing states in the country with a 2.1 percent growth between…

Nov 13

Efforts Underway to Preserve Beidler Forest as Development Encroaches

By Carolina Services commercial development, SC

.The Audubon Society’s Francis Beidler Forest is an 18,500-acre bird and wildlife sanctuary located in upper Dorchester County. The sanctuary is not a place you would find by accident since it is located off a two-lane country road in Harleyville. New industries and residential neighborhoods are beginning to encroach on the edges of the Beidler Forest and the 45,000-acre Four Holes Swamp as new roads and development go up all around it. “This has always been a very rural part…

Sep 30

South Carolina’s Annexation Laws Create Inequities

By Carolina Services SC

South Carolina’s annexation laws have prevented many cities from growing in an orderly fashion, even though urban areas are the driving force behind the state’s economy. In many cases the current annexation laws favor rural areas due to their longstanding domination in state politics, as well as support of property rights. A bill was introduced this year to reform the annexation laws, but did not go very far in the state legislature. The bill’s sponsor, State Representative Mandy Powers Norrell…

Jul 30

South Carolina in Top Ten Most Popular Places for New Residents

By Carolina Services Charleston SC, Economic Growth, SC

South Carolina continues to attract new residents, remaining in the top 10 most popular places to move and settle. As of 2017 the state ranks at number 7, a drop of two spots from the previous 12 months according to United Van Lines annual survey of inbound relocations. Who is Moving to South Carolina? United Van Lines said that 57 percent of their customers in South Carolina are new residents. This puts our state in the nation’s top destinations for…

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