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A significant amount of the world’s wealth is generated by family owned businesses. Some estimates provide that the total economic impact of family businesses to the global GDP is over 70%, and family businesses employ just over half of workers in the United States. Despite these impressive statistics, family businesses often struggle to implement successful succession plans.
When it comes to manufacturing, a low-cost product does not have to be synonymous with a low-quality product. That was a main takeaway from a recent webinar hosted by the Michigan Manufacturing Technology Center-West, MiBiz and The Right Place. The webinar on Design for Manufacturing and Assembly — often referred to as DFMA — brought together West Michigan manufacturing executives to discuss the importance of intentional product design in manufacturing.
Most people don’t anticipate an inheritance dispute in their family, but when it happens, it can destroy family relationships. There are common scenarios that lead to inheritance disputes. David Skidmore and Laura Morris are probate litigation attorneys with Warner Norcross + Judd, and they represent individuals and families in inheritance disputes across the state of Michigan. With this article, they share lessons learned from their past cases and ways to avoid inheritance disputes in your family.
Typically, small-business owners do not get into business to become experts at energy management. Navigating energy usage, efficiency opportunities and utility relationships can often be overwhelming, especially if you aren’t sure what the actual impact will be to your business’ bottom line.
Moving buildings after seven decades presented a variety of challenges and opportunities for South Christian High School. First, and foremost, the school’s leadership wanted to create a space that would help it meet its mission for the next 100 years. Practically speaking, that meant developing an educational setting where students and teachers could leverage technology and learn, but also gather, worship and build community.
The Grand Rapids Chamber is thrilled to announce the 132nd Annual Meeting on Tuesday, January 28, 2020 at DeVos Place. At the Chamber’s largest event of the year, over 800 attendees will celebrate what was accomplished in the community to “Create Great” in 2019, as well as the work the Chamber executed to support a thriving and prosperous West Michigan for all.
After more than a decade touring the country with acclaimed comedy institutions like The Second City, Joe Anderson took a close look at what was going on in his hometown of Grand Rapids and realized there was a niche to be filled. He and fellow comedian and friend Ben Wilke did extensive demographic research and decided, just like with comedy, timing WAS everything and it was time for The Comedy Project.
While Industry 4.0 is typically thought of in terms of robotic arms, highly automated processes, and “internet of things” (IOT) devices, the next big revolution in manufacturing is also heavily steeped in another emerging technology: big data.
In an era where online courses and degrees are becoming increasingly popular and universities across the state are facing declining enrollment, brick and mortar schools are seeking new ways to improve student retention and recruitment.
While academics remain a strong selling-point, capital improvement projects have also become an attractive way for universities to market themselves. By improving academic spaces through design, universities can better foster social interaction, a shortcoming of online learning.
Addiction can take a massive toll on a person’s life and the people around them. Whether the addiction is with drugs, alcohol, gambling, sex, or something else, Hope Network’s Center for Recovery provides a highly professional, boutique-style environment for a safe and confidential recovery.