Retail businesses of all sorts including toy stores, clothing shops, photography businesses and general merchandisers need licenses and permits. In most cases, retail businesses take relatively few licenses – however being registered for all state and local taxes is important as is having any needed general business licenses.
Because of its location at the crux of the Mississippi Delta, Memphis has long played an important role in its region -- a key point for transportation, agriculture and even military advantages. Thus, it's no surprise that today's Memphis has a thriving and diverse business community. The city and the state make try to make it easy for small business, which helps drive the Memphis economy. Licensing is relatively simple and straightforward and free from excessive regulation. Today's Memphis is as well known for its diverse industries as it is for gospel and country music. The air freight, transportation, paper, agriculture, food, electronics, light manufacturing, pharmaceutical and healthcare industries all hold a significant presence in the city's economy.