Displaying items by tag: small business
HOLLAND — When officials with the Park Theatre first decided to close in early March because of concerns of spreading COVID-19, they weren’t anticipating a complete lack of concerts or events in the historic venue for months to come.
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.
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.
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.
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.
Kent County officials have provided $40,000 to help minority business owners facing language barriers access COVID-19 relief funding.
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.
A 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.
GRAND RAPIDS — Alternative lender Liquid Finance LLC completed its first deal last month with financing for a Pennsylvania-based maker of farm equipment.
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.