fbpx

Displaying items tagged: small business

Thursday, 30 July 2020 14:37

Retailers report higher June activity, but ‘seesaw’ expected in months ahead

More than half of Michigan retailers had higher sales in June from the prior month and expect about the same sales volume through the summer and into fall, according to a recent survey.

Published in Small Business
Sunday, 19 July 2020 17:50

During stressful times, experts advise small business owners on finding ways to cope

Running a small business is stressful enough, and then small business owners recently have had to deal with operating during the COVID-19 pandemic, which only magnifies that stress. 

Published in Small Business
Sunday, 19 July 2020 17:37

Flower shop, event space owner wants public to take pandemic more seriously

GRAND RAPIDS — Bing Goei, who owns Eastern Floral and The Goei Center event venue, hopes more people take the COVID-19 pandemic seriously so economic conditions don’t worsen for businesses like his.

Published in Small Business

Wednesday, 15 July 2020 04:54

State launches $115M grant program for small biz, agriculture relief

A pair of state grant funds totaling $115 million launches today as another source of financial assistance for small businesses hurt by the COVID-19 pandemic.

Published in Small Business
Sunday, 12 July 2020 20:14

Translators hired to help Asian businesses apply for Kent County COVID-19 funding

Kent County officials have provided $40,000 to help minority business owners facing language barriers access COVID-19 relief funding.

Published in Small Business
Tuesday, 07 July 2020 12:20

MEDC to deploy $115 million in grants for small businesses affected by COVID-19

The Michigan Economic Development Corp. plans to launch new grant funds next week totaling $115 million to provide financial assistance to small businesses, farms and agricultural processors recovering from the effects of the COVID-19 pandemic.

Published in Small Business

Sunday, 05 July 2020 11:54

Pandemic injects some reluctance into small business M&A market

couple of small business deals Andrew Longcore has been approached about lately illustrate the effects on the M&A market this year from the COVID-19 pandemic.

Published in Small Business
Sunday, 05 July 2020 11:50

Liquid Finance offers distressed companies structure to ‘get back on their feet’

GRAND RAPIDS — Alternative lender Liquid Finance LLC completed its first deal last month with financing for a Pennsylvania-based maker of farm equipment.

Published in Small Business
Sunday, 05 July 2020 11:46

Q&A: Jon Siebers Attorney at Rhoades McKee PC

The COVID-19 pandemic has slowed deal flow for Jon Siebers, an M&A attorney at Grand Rapids-based law firm Rhoades McKee PC. Siebers said closings are down and the number of deals he has in the pipeline are “probably down a little bit, but not much.” Siebers spoke with MiBiz about how the pandemic has affected the M&A market and offered some advice for both buyers and sellers.

Published in Small Business

Sunday, 05 July 2020 11:42

New market seeks to fill gap in southside GR neighborhood

GRAND RAPIDS — When the coronavirus pandemic hit, a pair of Grand Rapids natives scrapped their initial plans to open a cigar lounge on the city’s south side, deciding instead that a fresh food market and weekly farmers market would be a better resource for their neighborhood.

Published in Small Business
Sunday, 05 July 2020 16:39

Small businesses in the food system ‘maintaining’ as COVID-19 fallout continues

For a sector with already thin margins, restaurants and other small food businesses are just looking to stay above water as pandemic restrictions slowly lift.

Published in Small Business
Sunday, 05 July 2020 10:34

GR 2030 District shifts focus to indoor air quality

For nearly five years, the U.S. Green Building Council of West Michigan has helped Grand Rapids property owners reduce their energy usage and hosts an annual competition celebrating the “biggest losers” statewide.

Published in Small Business

Thursday, 02 July 2020 15:30

GR Chamber receives 865 applications for small business relief fund

GRAND RAPIDS — The Grand Rapids Area Chamber of Commerce expects to receive up to 1,000 applications by the end of the week from across Kent County from small businesses seeking assistance from a $25 million grant fund set up to ease the economic crush of the COVID-19 pandemic.

Published in Small Business
Monday, 29 June 2020 15:33

Kent County small biz relief fund opens second round

A Kent County small business relief program opened its second round of funding today, making grants available to companies that have already received COVID-19 assistance.

Published in Small Business
Monday, 29 June 2020 15:27

PE-backed Northern Michigan web hosting firm acquires web developer

TRAVERSE CITY — Private equity-backed CloudAccess LLC, a Northern Michigan-based cloud hosting provider, has completed the add-on acquisition of Miller Media Inc. 

Published in Small Business

Friday, 26 June 2020 11:14

Kent County administrator addresses controversy over COVID small biz relief funding

Kent County’s top official says it is “critically important” that a $25 million business relief program launched this week is accessible to minority-owned businesses, following recent criticism that the program isn’t properly compensating minority business and social equity groups for their assistance.

Published in Small Business
Friday, 26 June 2020 10:41

Survey shows downward trend for retailers in May but optimism this summer

Michigan retail sales remained in the “tank” during May as many stores remained closed, although a monthly survey and activity index suggest a rebound this summer after reopening.

Published in Small Business
Thursday, 25 June 2020 15:31

8 GR tech startups selected for MEDC pandemic relief funds

Eight Grand Rapids technology startups are among dozens of businesses statewide selected to receive a combined $3 million from Michigan’s Tech Start Up Stabilization Fund.

Published in Small Business

Sunday, 21 June 2020 17:36

Kildee, Upton push $50.5B federal aid package for small businesses

Two Michigan congressmen behind legislation that would create a $50.5 billion relief fund for small businesses nationwide hope to get it included in the next federal aid package that may come before Congress this summer.

Published in Small Business
Sunday, 21 June 2020 17:14

Wise Men Distillery successfully creates hand sanitizer business amid pandemic

KENTWOOD — The coronavirus pandemic has caused many businesses to make staff cuts, but Wise Men Distillery LLC hired two new employees to assist with its shift to producing large quantities of hand sanitizer for manufacturers and state agencies.

Published in Small Business
Sunday, 21 June 2020 17:11

Muskegon gym switches to online, outdoor group fitness classes during shutdown

MUSKEGON — The coronavirus pandemic has pushed the owner of the Waters Edge Fitness gym to get creative by offering online resources for members over the past several months that the facility has been shut down.

Published in Small Business

Sunday, 21 June 2020 17:09

Family Anvil Tattoo ‘crazy busy’ as shutdown finally ends

CALEDONIA — Mark “Crab” Reagan spent his morning wandering around his tattoo shop cleaning, organizing, providing a handful of clients with art consultations — pretty much anything other than actually tattooing.

Published in Small Business
Sunday, 21 June 2020 16:22

Kent County commits $25M to small business recovery assistance grants

Forming a relief fund to aid small businesses hurting from the COVID-19 pandemic was an early idea Kent County commissioners pursued when they began considering two months ago what to do with $114.6 million in federal aid funding. 

Published in Small Business
Wednesday, 17 June 2020 05:34

Kent County launches $25M relief fund for small businesses affected by COVID-19

GRAND RAPIDS — Kent County and the Grand Rapids Area Chamber of Commerce partnered to form a $25 million relief fund for small businesses.

Published in Small Business

Thursday, 11 June 2020 12:52

MEDC awards $4.3M in COVID-19 relief loans

The Michigan Economic Development Corp. has awarded $4.3 million in low-interest relief loans to 74 small businesses statewide affected by the COVID-19 pandemic.

Published in Small Business
Monday, 08 June 2020 15:09

PPP changes could spark ‘huge uptick’ in loan demand, officials say

Changes to a federal loan program that has helped small businesses weather the COVID-19 pandemic could generate a “huge uptick” in loan demand that has waned in the last few weeks, according to U.S. Small Business Administration officials.

Published in Small Business
Sunday, 07 June 2020 17:20

Little Space Studio pivots to digital focus during pandemic

GRAND RAPIDS — The COVID-19 pandemic interrupted the opening of a coworking space this summer in the historic Harris Building downtown, so the business is pivoting to offer digital memberships. 

Published in Small Business

Sunday, 07 June 2020 17:10

Central District Cyclery keeps busy as more people bicycle during pandemic

GRAND RAPIDS — While most small businesses have been struggling and closing during the COVID-19 pandemic, Central District Cyclery has been overwhelmed with business over the last few months.

Published in Small Business
Friday, 05 June 2020 05:55

PPP changes would extend timeline, increase flexibility for loan recipients

Changes approved by Congress to the federal Paycheck Protection Program would give millions of small businesses more time to use the money and adjust how much of the loan needs to go to payroll expenses to earn forgiveness.

Published in Small Business
Friday, 05 June 2020 05:45

Survey: 1 in 7 small biz owners doubt their company will survive COVID-19

One in seven small business owners in Michigan still doubts whether their company will survive the COVD-19 pandemic and resulting closures ordered by the state.

Published in Small Business

Page 9 of 13