rss icon

GRAND RAPIDS –– Partners in West Michigan’s startup ecosystem continue to explore how best to allocate resources to the region’s entrepreneurs.

More than 130 startups sought capital this year from a state-backed fund, far exceeding expectations and serving as another example of the need for funding at the earliest stages of the capital continuum.

Beyond angel funds and venture capital, entrepreneurs behind startup companies today have an assortment of business plan and pitch competitions to test their ideas and win funding.

thriving business climate and renewed interest in communities across West Michigan have sparked increased demand for event space throughout the region.

Until last year, state law barred alcoholic beverage makers and wholesalers from using social media to promote their products at the retailer level, even though many of them did anyway.

GRAND RAPIDS — Accounting, law and marketing firms are hosting more educational and social gatherings than they were just three years ago.

As the leader of a family-owned business, Aaron Zeigler can relate to the owners of car dealerships acquired by his Kalamazoo-based Zeigler Automotive Group. The $1 billion (revenues) mega-dealer has grown by acquiring other family-owned dealerships in recent years, earning it a national ranking of 64th in new car sales last year, according to Automotive News. Zeigler, a second-generation owner, spoke with MiBiz about the intricacies of buying other family-owned dealerships in an era when the automakers often control whether a transaction can move forward.

HOLLAND — When Randy Boileau started his Holland-based communications company 14 years ago, he never intended to hand it off to the next generation in his family.

When two former executives of Pitsch Holding Company Inc. filed a lawsuit against three of their siblings in 2007, they probably didn’t know they’d be starting a 10-year war.

Every business owner eventually comes to the point when it’s time to step aside and allow new leadership to take over. Leaders of family-owned businesses are no exception.

Running any business is challenging, but when you add the dynamics of family ownership into the mix, it creates an entirely different set of hurdles.

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

When Mark Lindquist purchased Rapid-Line Inc. in 1989, he completed the transaction with a strategy for exiting the business already in mind.

The new head of the U.S. Small Business Administration’s Michigan office believes lending should continue to grow, even as volumes for the agency’s federally backed loans keep moving upward.

Page 1 of 12

Breaking News

February 2018
S M T W T F S
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

Follow MiBiz