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As it is the busy ferry port for Iona and Staffa, the main form of business is tourist related.  However, fishing, agriculture and the service sector also are strongly represented.  The tip of the Ross of Mull is renowned the world over for it’s pink and red granite, which has been used in lighthouse construction, harbours, docks, bridges and many other structures where a very dense and strong stone was required.  Fionnphort was the center point for the many quarries that at one time were scattered around Erraid, Tormore, Camus and some of the off lying islands.

There are plenty bed and breakfasts, guest houses as well as a pub and restaurant, Post Office and well stocked general store and a DIY store.  The fishing fleet land most days down at the pier where their catch of crabs and lobsters are loaded into big trucks prior to their journey to the continent.  The Columba Centre, which is on the south side of the village, is a purpose built building housing displays and artifacts from the local area and traces the history of St Columba, who was so important more than one thousand years ago.  The whole area is ideal for walking, with few restrictions and many varied routes from beach to hill.  There is also an abundance of wildlife, flora and fauna to observe with some walking routes marked, showing the best viewing points.