Alexander City, Alabama
Regulatn Of Agricult Mktg And Commodities Businesses

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Regulation Of Agricultural Marketing And Commodities Businesses In Alexander City, AL

Alexander City, Alabama Regulatn Of Agricult Mktg And Commodities Businesses

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The SIC code for these Alexander City local businesses is: 9641.

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Alexander City, Alabama - Regulation Of Agricultural Marketing And Commodities Businesses


What Is The SIC Code Description For Regulatn Of Agricult Mktg And Commodities Businesses?

Description For 9641 Regulation of Agricultural Marketing and Commodities

Government establishments primarily engaged in planning, administration, and coordination of agricultural programs for production, marketing, and utilization, including related research, educational, and promotional activities. Establishments responsible for regulating and controlling the grading, inspection, and warehousing of agricultural products; the grading and inspection of foods; and the handling of plants and animals are classified here. Government establishments primarily engaged in administration of programs for developing economic data about agriculture and trade in agricultural products are classified in Industry 9611. Government establishments primarily engaged in programs for conservation of agricultural resources are classified in Industry 9512. Government establishments primarily engaged in programs to provide food to people are classified in Industry 9441.

  • Agriculture extension services
  • Agriculture fair boards—government
  • Food inspection agencies—government
  • Marketing and consumer services—government
  • Regulation and inspection of agricultural products—government


Where Can I Find Alexander City, AL Business And Economic Information?

You can find more information about Alexander City, Alabama's business and economic environment here:

Alabama Economic Data, Regulations And Limits On Commercial Insurance

Made In Alabama

Every business-minded person who is looking into opening a business knows that location plays a huge role in their success. It's important to ensure that the area where you're thinking establishing a business is conducive to your industry. Additionally, it's important to have a firm understanding of the rules and regulations that pertain to commercial operations in the area.

If you're an entrepreneur who is thinking about starting a business in the state of Alabama, read on to find an overview of The Heart of Dixie's economic data and commercial insurance requirements.

Economic Trends For Business Owners In Alabama

Unemployment rate is an important factor that prospective business owners should take into consideration before establishing a corporation, as it directly reflects the labor market of the area. A low rate of unemployment indicates that there are enough jobs to support the overall population, and jobs indicate that local businesses are successful.

This information directly reflects whether or not the economy of a state is healthy enough to support new businesses. As per the Bureau of Labor Statistics, Alabama's unemployment rate was 2.7% as of 2022, 0.8% lower than the national average of 3.5%. This is a good sign for entrepreneurs who are considering establishing a business in the state.

Birmingham is one of the top cities for business in Alabama. It's considered the hub of technological growth in the state, and is the site for numerous tech startups. Huntsville is also a key location for startups in the tech industry, as it's regarded as one of the most "tech-friendly" cities of the Southern United States. Montgomery and Tuscaloosa are also two cities potential business owners might consider setting up shop in the state of Alabama.

While several industries do well in the state, the following key sectors are experiencing the most growth in AL:

  • Aerospace and aviation
  • Agriculture
  • Automotive
  • Beverage production
  • Bioscience
  • Chemical development
  • Corporate operations
  • Cybersecurity
  • Distribution
  • Metals, such as iron and steel
  • Technology
  • Tourism
Commercial Insurance Requirements In Alabama

The Alabama Department of Insurance regulates insurance in AL. Alabama mandates very few forms of insurance coverage by law. They enforce worker's compensation.

Alabama requires you to have worker's compensation insurance if you have 5 or more employees on a regular basis. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.

Alabama also requires all business-owned vehicles to be covered by commercial auto insurance. Other insurance policies that business owners in AL need to invest in depend on the specific industry.



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Also find AL local small businesses by General Liability Class Code and learn about Alabama small business insurance requirements for general liability, business property, commercial auto & workers compensation including AL business insurance costs. Call us (205) 855-5999.