Displaying items tagged: Foster Swift Collins & Smith PC

Your business may grow through mergers and acquisitions (M&A) despite challenges posed by the COVID-19 pandemic.

For more than 45 years, Purple East has been a stalwart alternative lifestyle retailer in Grand Rapids, gaining a reputation for selling an assortment of clothing, glass pipes and smoking accessories.

A common and costly mistake when it comes to business succession planning is not starting the process early enough. By waiting too long, an owner runs the risk of not having the right people in place to run the business, as well as having much of the business’ value consumed by estate taxes. Either misstep can and sadly often does cause a business to fail when it passes from one generation to the next.

The Paycheck Protection Program is a business relief program providing small business loans that are generally forgivable. Despite initial issues, more than 1.5 million applicants were approved for PPP loans, reaching the Program’s entire $350 billion budget in less than two weeks. There is a consensus that the Program will receive significant additional funding this week. 

DALTON TOWNSHIP — The would-be creators of a large agricultural and industrial complex for growing cannabis have decided not to purchase long-vacant property at the North Muskegon Business Park.