The BP Effect – CandyMaker

The BP Effect series is brought to you by attorneys Reich & Binstock and Seeger Weiss LLP, which are helping businesses in Panama City Beach recover losses sustained directly and indirectly from the Deep Water Horizon oil spill. They can help your business too,
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Through out the course of the our BP Effect series, we’ve visited numerous industries affected by the oil spill. As we wrap up the series, the last place we wanted to check in on is with a few of our retail friends in Pier Park.

There’s been an enormous amount of information circulated regarding the financial losses and fears of business owners county wide during the height of the Spill, however, with this article I was hoping to offer a slightly different view, and with the help of Candy Maker and Trader Tom’s owner, Tom Ehlke, I’ve been able to do just that.

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The BP Effect on a Smaller Scale

We’ve talked about how this summer’s oil spill scare effected large-scale marinas, restaurants, property management companies and retail, but today, we’re going to take it a notch and talk about how this mess effected a home-owner. The Balmy Oasis Cottage is a small beach cottage that owner Pat Guin rents out on her own. She and her husband bought it as an investment and rely on rental revenue to make payments and cover costs of ownership. This summer was tremendously painful for their “business”, but with pockets of “blessings”, they made it. Here’s her story.

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The BP Effect – Captain Anderson’s Marina

The BP Effect series, so far, has been a blast to write. I’ve had the opportunity to meet tons of great people and get a real feel for how dynamic this incident was and how broad-ranging the effects have and continue to be. This is the fourth article in the series and today I’m talking about a business that has had, arguably, one of the most literal direct impacts from the BP Deepwater Horizon Gulf oil spill. Captain Anderson’s Marina’s business IS the water. They have four sources of revenue, all of them are directly and indirectly tied to the Gulf of Mexico. But first, I want to clear some stuff up. And, rather than rant on here, click here to read about what caused this summer’s economic disaster in Panama City Beach.

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The BP Effect – Business Down, Costs Up at Bayou on the Beach

Fresh Apalachicola oysters, on the half shell or baked, shrimp po-boys, grilled or blackened fresh fish baskets, crawfish etouffee bowl – is your mouth watering yet? These are just a few of the mouth-watering menu items to be found at a local favorite, Bayou On The Beach, located on Middle Beach Road in Panama City Beach. Having been in business since 1999, the Buxtons are not new to the restaurant business here on the beach. They’ve had good years and they’ve had bad years, this year was supposed to be better than them all, but the BP oil spill changed everything.

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