Small Business

SPONSORED BY SMALL BUSINESS ASSOCIATION OF MICHIGAN

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.

Heralded by backers as a novel way for in-state businesses to raise capital, 2014’s Michigan Invests Locally Exemption (MILE) Act came with great promise.

As Neil Brown and Wade Thompson considered acquiring Central Interconnect Inc. late last year, they found themselves interested in the opportunity the company presented.

Over the past decade, many small business owners put off expansions or capital equipment purchases for as long as they could.

Half of the nearly 500 small businesses across Michigan that have completed a cyber-security assessment since December remained largely unaware of the daily risks they face.

The Small Business Association of Michigan wants to find a route to further improve the state’s entrepreneurial climate.

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