Starting and operating a business in today’s fast-paced market can be challenging for the owner. It’s tough to find enough time for sales, project management, production, billings, collections and client maintenance. And that’s not even taking into consideration managing a staff.
Backed by a key small business advocate in Lansing, a bipartisan group of lawmakers have proposed a legislative package to boost state support for companies operating in the space between small startups and larger corporations.
Heed this warning! Failing to invest the time and resources in preparing for a cybersecurity incident could be the death knell for your business. Various studies and reports indicate that a significant number of small companies are unable to sustain their businesses over six months after a cyber attack. What can we do and where can we turn to avoid becoming a statistic?
Leading business groups support Gov. Gretchen Whitmer’s latest attempt to boost the number of Michigan contractors on state projects, but hope the plan doesn’t ultimately deter small businesses from engaging in a “cumbersome” procurement process.
If a remedy ever comes, The Employers’ Association still wants to offer members an option for employee health coverage.
Michigan’s largest utilities are giving a substantial boost to an economic development program launched by former Gov. Rick Snyder, committing to spend billions of additional dollars with in-state suppliers over the next five years.
Problems with Michigan’s infrastructure go beyond deteriorating roads and bridges. Michigan also ranks poorly — 42nd among the 50 states — in terms of digital connectivity, according to an annual report on entrepreneurship in the state.
The association health plan two business groups formed last fall for small Michigan-based employers has recorded strong enrollment in its early months. TrascendAHP — created in October by the Lansing-based Small Business Association of Michigan and Warren-based Michigan Business and Professional Association — enrolled about 300 small businesses through January. Those companies account for more than 1,400 contracts between TranscendAHP and their employees for health coverage.
Two trade groups debuted a new association health plan for Michigan small businesses as employers prepare to enter the annual open enrollment period for 2019 health insurance policies.
The association health plan created by two trade groups representing small businesses in Michigan offers a new option for employers to consider for their employee health benefits.