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Displaying items tagged: small business

Sunday, 01 September 2019 08:31

Guardian Pharmacy plans to scale up Michigan operations in deal for TruCare LTC

GRAND RAPIDS — An Atlanta-based pharmacy company that serves long-term care facilities and senior housing communities entered the Michigan market by buying a majority stake in TruCare LTC Pharmacy LLC in Grand Rapids.

Published in Small Business
Sunday, 04 August 2019 19:34

DEVELOPING AN INDUSTRY: Companies race to supply Michigan’s fledgling cannabis industry, yet avoid the spotlight

West Michigan businesses are building strategies to accommodate and support the grand opening of the state’s new billion-dollar cannabis industry, although many still crowd behind a self-imposed shroud of secrecy. 

Published in Small Business
Sunday, 04 August 2019 19:23

GR firm invests $10 million in Denver car-buying app

GRAND RAPIDS — Thornapple River Capital LLC invested $10 million in a Denver, Colo.-based company that developed a digital marketplace for private parties to buy and sell vehicles and borrow money for a purchase.

Published in Small Business

Sunday, 04 August 2019 19:19

Ex-Amway exec acquires 3 West Michigan Herman Miller dealerships

After a 40-year career at direct-selling giant Amway Corp., former Vice Chairman Bill Payne wanted to find a way to stay involved in the West Michigan business community. 

Published in Small Business
Sunday, 04 August 2019 17:48

Hemp farmers see ‘low-hanging fruit,’ uncertainty amid CBD boom

The burgeoning market for CBD, a health product derived from cannabis plants that avoid the “high” from marijuana, is considered “low-hanging fruit” for the nearly 600 Michigan farmers now growing hemp.

Published in Small Business
Sunday, 04 August 2019 17:42

Entrepreneurs weigh opportunities with cannabis tourism in Michigan

When doctors in Wisconsin wanted to put Bonnie Demos on a morphine pump for pain, she decided instead to move to Michigan and grow her own medicine.

Published in Small Business

Sunday, 04 August 2019 17:22

Federal legislation would boost SBDC cybersecurity efforts

Federal legislation pushed by U.S. Sen. Gary Peters would boost the ability of Small Business Development Centers to help small employers guard against cyber attacks.

Published in Small Business
Sunday, 07 July 2019 19:00

West Michigan marine contractors busy with projects tied to high water

While flooding and erosion are wreaking havoc for waterfront businesses and property owners, the changes are creating business opportunities for local marine construction and dock companies, who say they’ve been busy with scheduled projects and inundated with calls in recent weeks.

Published in Small Business
Sunday, 30 June 2019 12:00

Surveys show Michigan businesses owners remain optimistic, despite growing concerns

A new sentiment survey finds business owners still feel good about present conditions, despite outlooks for slower economic growth and ongoing worries about talent and health care costs.

Published in Small Business

Sunday, 23 June 2019 19:00

Start Garden sets goals to boost assistance for minority-owned tech startups

GRAND RAPIDS — Start Garden Inc. says it’s gaining traction on an effort launched two years ago that put more emphasis on diversity.

Published in Small Business
Sunday, 16 June 2019 12:00

Breweries appeal MLCC position on legality of free bingo games

GRAND RAPIDS — Five Michigan breweries are suing the Michigan Liquor Control Commission over the regulatory agency’s quashing of free bingo promotions at their taprooms.

Published in Small Business
Sunday, 09 June 2019 19:00

Atomic Object executes succession plan years in the making

GRAND RAPIDS — Carl Erickson began thinking 12 years ago about how Atomic Object LLC would eventually carry on without him.

Published in Small Business

Sunday, 09 June 2019 19:00

LEVEL PLAYING FIELD: Bills would force out-of-state online retailers to collect sales tax

Shoppers often visit Great Northern Trading Co. to look around and ask about products. Many visitors to the Rockford-based home decor and gift store also pull out their smartphones to compare prices with online retailers. 

Published in Small Business
Friday, 07 June 2019 11:14

Law firm moving headquarters to Grand Rapids’ First Community Bank building

GRAND RAPIDS — Springstead Bartish Borgula & Lynch PLLC plans to move its Grand Rapids headquarters after purchasing space downtown in the First Community Bank building.

Published in Small Business
Wednesday, 05 June 2019 22:07

Survey: Michigan retailers expect strong growth through summer

majority of retailers across Michigan report higher sales this spring and expect to sustain growth well into the summer.

Published in Small Business

Wednesday, 05 June 2019 15:16

Lakeshore laundry service firm sells to investor

DOUGLAS — Laundry Tyme, a laundry service company based in Douglas, sold recently to investor Brian Gowen.

Published in Small Business
Monday, 03 June 2019 15:56

Detroit firm acquires Van Eck Law

Business law firm Kotz Sangster Wysocki PC acquired Rockford-based Van Eck Law PC.

Published in Small Business
Sunday, 26 May 2019 22:48

Grand Rapids Drive find solid footing after 5 years, face uncertainty over Pistons ties

GRAND RAPIDS — If Steve Jbara needed a sign that he made the right decision in turning down a recent request to relocate his Grand Rapids-based NBA Gatorade League basketball team to Detroit, he got one rather quickly.

Published in Small Business

Sunday, 26 May 2019 23:10

Grand Rapids Drive’s Jbara joins Royal Oak startup WaitTime as strategic partner

The recent announcement that Grand Rapids Drive founder and President Steve Jbara joined forces with Royal Oak-based startup WaitTime LLC had been five years in the making. WaitTime CEO Zachary Klima said he had leaned on Jbara for guidance since 2004 when he launched the company, which uses a proprietary system to measure crowd density around restrooms and concession stands inside arenas and venues.

Published in Small Business
Sunday, 12 May 2019 20:40

Sportsman Tracker raises $2M for hunter-friendly social media platform

GRAND RAPIDS — The $2.05 million in funding Sportsman Tracker Inc. raised this spring will go to further develop a social media platform and mobile app for hunters. As some social media platforms begin to give lower value to hunting content, Sportsman Tracker CEO Jeff Courter saw an opportunity to further build his HuntWise app that has been downloaded by 2 million users.

Published in Small Business
Sunday, 12 May 2019 22:46

ROUND THREE: Varnum continues program to help startups access free legal help

GRAND RAPIDS — More than seven years, $2 million and 500 companies later, Varnum LLP signed on for a third round of providing free legal services to help new companies get off the ground. The Grand Rapids-based law firm will give away another $1 million in legal services through the MiSpringboard program that launched in 2011 under a push by then-Gov. Rick Snyder to support entrepreneurism as Michigan’s economy began recovering from the Great Recession.

Published in Small Business

Wednesday, 24 April 2019 16:00

After working together on client projects, Elevator Up agrees to sale to SPARK Business Works

GRAND RAPIDS — At 15 years old, Elevator Up LLC had come to what founder Aaron Schaap called a “big milestone.” The Grand Rapids digital design consultancy for products and services had grown nicely from the early days. Schaap began considering what the next 15 years would look like, putting together goals, and weighing what leadership and talent Elevator Up would need.

Published in Small Business
Sunday, 14 April 2019 20:24

Biz groups hope to change proposed legislation on data breach reporting

Legislation that state lawmakers in Lansing are considering would raise requirements for how businesses must handle a data breach. The bills would define the sensitive personal information covered and who is responsible for reporting a data breach, and establish processes and timelines for investigating, responding to and publicly reporting an incident. The law would cover entities with 50 or more employees.

Published in Small Business
Sunday, 17 March 2019 21:51

Startup helps employers create channels for whistleblowers to report problems

GRAND RAPIDS — Many companies offer employees an anonymous way to report to management various problems, impropriety or other violations, often via a telephone hotline or a dedicated email account. But a new startup company is offering workers a better way to blow the whistle, and in doing so, could allow businesses to get a better handle on potential issues before they spin out of control.

Published in Small Business

Wednesday, 06 March 2019 07:30

Whitmer budget proposal would add small business tax, repeal pension tax

Business advocates in Lansing panned Gov. Gretchen Whitmer’s proposal to implement what she called “tax parity” by having small businesses pay the same 6-percent state income tax now levied on corporations in Michigan.

Published in Economic Development
Sunday, 03 March 2019 21:50

Muskegon marine transporter invests more than $40 million to expand operations

A West Michigan marine transportation firm is significantly increasing its freight capacity in response to higher demand from a key customer. Port City Barge Inc. of Muskegon last month took delivery of the Commander, a 495-foot by 72-foot freight barge that it plans to use to haul cement for St. Marys Cement US LLC.

Published in Small Business
Sunday, 03 March 2019 21:45

Small business buyers find M&A targets plentiful

Matt Emery felt ready to move on from the automotive industry after 15 years, so last fall he began looking around for a business to buy. After considering a contract manufacturer, machine shops, an HVAC business and others, Emery found the “perfect fit” in Think Chromatic LLC, a Comstock Park-based small company that does 3-D rendering and animation.

Published in Small Business

Wednesday, 20 February 2019 07:49

Construction equipment supplier McCann Industries expands to Marne facility

MARNE — McCann Industries Inc. will expand to Michigan with a new facility currently under construction in Marne. The equipment and construction supply sales company hopes to open the new location in September, said James Maioho, Michigan branch manager for McCann.

Published in Small Business
Sunday, 17 February 2019 21:16

With latest raise, BarFly targets $7M in funding, plans 3-4 new HopCat locations

GRAND RAPIDS — The company that owns and operates the HopCat craft beer bar chain has secured another $6 million in capital it will use to open three to four more locations in 2019 and 2020, MiBiz has learned. In confirming BarFly Ventures LLC’s latest round of fundraising, founder and owner Mark Sellers told MiBiz approximately $5 million of the funding came from one new investor while $1 million came from Sellers himself. The company is still in the process of raising another $1 million from existing investors to reach its $7 million goal.

Published in Small Business
Sunday, 03 February 2019 20:41

Q&A: J.D. Collins, State director, Small Business Development Center

J.D. Collins became state director of the Grand Rapids-based Small Business Development Center in mid-December. He spent years at larger organizations — Fifth Third Bank, Amway, Spectrum Health — working as a technologist and innovator “before I really found my niche.” Collins also ran his own consulting firm, Collins Innovations LLC, and was chief innovation officer at a heavy equipment technology startup.

Published in Small Business

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