Displaying items tagged: Small Business Association of Michigan

Wednesday, 18 March 2020 05:12

Business interruption insurance unlikely to cover most coronavirus-caused disruptions

Companies that bought business interruption insurance to guard against losses in case of a major disruption may likely find their coverage won’t protect them from the fallout of the coronavirus pandemic.

Published in Economic Development
Wednesday, 18 March 2020 05:00

Unemployment benefit expansion among several options to shield small businesses

Whitmer’s order this week expanding unemployment benefits is part of a suite of state and federal policy options to shield small businesses affected by the coronavirus pandemic.

Published in Economic Development
Tuesday, 17 March 2020 12:35

SBAM launching daily briefing webcast

The Small Business Association of Michigan has launched a daily webcast today to brief members on the latest developments in the coronavirus pandemic and offer guidance for small businesses.

Published in Small Business

Sunday, 15 March 2020 13:16

Links for guidance and advice for employers coping with the coronavirus pandemic

Business organizations are offering plenty of advice and information to employers about the coronavirus pandemic and how to manage through the crisis.

Published in Economic Development
Sunday, 02 February 2020 17:15

Legislation to limit non-competes for certain low-wage jobs draws concern from biz groups

Backers of legislation that would bar employers in Michigan from requiring certain employees to sign a non-compete agreement say they simply want the free market to work.

Published in Small Business
Sunday, 05 January 2020 00:03

One-stop energy-management program a “game changer” for Michigan small businesses

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.

Published in Sponsored content

Sunday, 13 October 2019 10:16

The Power of Owner-to-Owner

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.  

Published in Sponsored content
Sunday, 29 September 2019 15:19

Bipartisan bills broaden state’s role to support second-stage businesses

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.

Published in Small Business
Wednesday, 14 August 2019 13:02

Don’t be a statistic. Take cybersecurity seriously.

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?

Published in Sponsored content

Sunday, 04 August 2019 19:10

Biz groups express support, caution with Whitmer’s ‘Michigan Jobs First’ policy

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.

Published in Talent
Sunday, 07 July 2019 19:00

Court ruling dashes plans for new AHPs

If a remedy ever comes, The Employers’ Association still wants to offer members an option for employee health coverage.

Published in Health Care
Sunday, 07 July 2019 19:00

DTE, Consumers commit to spending $15B with diverse, Michigan-based companies

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.

Published in Energy

Sunday, 28 April 2019 18:04

Infrastructure problems drag on Michigan’s entrepreneurial economy

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.

Published in Economic Development
Sunday, 17 February 2019 22:27

TranscendAHP ‘off to a good start’ in offering small businesses coverage options

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.

Published in Health Care
Saturday, 13 October 2018 17:13

TranscendAHP helps Michigan small businesses access large group policies

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.

Published in Health Care

Sunday, 07 October 2018 22:16

Michigan trade groups form new association health plan for small businesses

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.

Published in Health Care
Sunday, 09 September 2018 22:26

Sponsored Content: Your One-Stop Approach to Small Business Energy Management

For many small business owners, the idea of trying to manage energy usage and utility relationships can be a bit overwhelming. Would energy efficiency upgrades really impact a bottom line? Who can assist when there are outage issues? Is the price being paid for service at the correct rate?

Published in Sponsored content
Sunday, 24 June 2018 14:00

SBAM pushes for continued statewide economic gardening initiatives

LANSING — The Small Business Association of Michigan wants to build on the state’s past efforts in economic development policy while also creating continuity from one governor’s administration to the next.

Published in Economic Development

Sunday, 13 May 2018 19:00

Entrepreneurial report shows Michigan’s progress slowing

After the large gains made coming out of the recession nearly a decade ago, Michigan’s small business climate shows signs of losing momentum for continued improvement.

Published in Economic Development
Sunday, 26 November 2017 15:31

Funding gap: Despite gains, early-stage startups in Michigan still struggle to find capital

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.

Published in Small Business
Sunday, 12 November 2017 15:48

Michigan’s small group health insurance market stabilizes

Health insurance rates for small businesses in 2018 stand in sharp contrast to the state of the individual market in Michigan.

Published in Health Care

Thursday, 26 October 2017 11:59

Small business health insurance rates to increase by average of 4 percent in 2018

Health insurance rates for small businesses in Michigan will increase an average of 4 percent for 2018.

Published in Breaking News
Sunday, 14 May 2017 13:43

Borrowing at last: Small business owners return to banks for financing, even amid emerging economic concerns

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

Published in Small Business
Tuesday, 11 April 2017 09:57

Entrepreneurship slows in Michigan as economy continues to recover

Between 2007 and mid-2012, with Michigan’s economy in the grips of the Great Recession, more than 100,000 residents went to work for themselves either as sole proprietors or operators of small businesses.

Published in Breaking News

Sunday, 25 December 2016 16:52

‘Like defusing a bomb:’ Affordable Care Act likely to change, but extent and timing remain uncertain

No matter whether you love or hate the Patient Protection and Affordable Care Act, what’s become clear is that 2017 will bring major changes to the federal health care reform law.

Published in Economic Development
Sunday, 25 December 2016 20:10

2017 Legislative Outlook: Lansing weighs options to control unfunded liabilities

The Legislature’s 2016 lame-duck session was marked by both bipartisan agreement on tough policy issues as well as contentious attempts to solve ongoing state problems that nonetheless split along party lines.

Published in Economic Development
Wednesday, 30 March 2016 20:08

SBAM seeks a path forward for Michigan’s business climate

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

Published in Small Business

Sunday, 20 March 2016 17:25

Scorecard warns Michigan’s entrepreneurial climate could be cooling

The environment for an entrepreneur to start and grow a business in Michigan continues to improve, although gains are slowing after a decade of significant change as other states do better as well.

Published in Economic Development
Sunday, 06 March 2016 14:59

Energy policy: ‘Always the bridesmaid, but never the bride’

State lawmakers remain focused on passing energy policy this year that preserves Michigan’s limited electric choice market and abandons renewable energy standards in favor of comprehensive planning requirements.

Published in Economic Development
Sunday, 06 March 2016 14:51

Business groups balance priorities with need to solve Flint, DPS problems

As the state grapples with the Flint water crisis and a long-term funding solution for Detroit Public Schools, business advocates hope lawmakers will still be able to tackle policies that keep health care costs down, add transparency and help companies attract talent. 

Published in Economic Development

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