Employee Retention: How to Keep Your Best Employees Happy

Emily Heaslip / September 19, 2019

Studies have shown that salary isn’t the only perk that keeps employees satisfied with their jobs. The numbers don’t lie: retaining a great employee is crucial for small businesses. Employee turnover costs are estimated to be 33% of an employee’s annual salary. For example, if an employee makes $55,000 annually and leaves, it will cost […]

Read More

Michigan’s attractiveness grows among aerospace manufacturers

Jessica Young / September 17, 2019

Michigan is the most attractive state in the Midwest for new aerospace manufacturing businesses. That’s according to a recent report from PricewaterhouseCoopers (PwC), a global consulting firm. The annual rankings report, which also raised the state from 8th nationally in 2018 to fourth in the 2019 report, cited the state’s “favorable corporate tax structure” and […]

Read More

A New Tool Aimed At Small Business Allows For Real-Time Analytics

Brianne Garrett / September 12, 2019

A new free analytics tool introduced on Sept. 10 by the Atlanta-based lending platform Kabbage analyzes the live data of more than 200,000 companies in an effort to give small business owners a way to assess how their businesses are performing in real time. It’s daring to meet the demands of the ever-changing world of […]

Read More

5 Helpful Business Plan Templates: Tailored for Your Company’s Succes

Shared by Michigan Chamber Small Business Center / September 5, 2019

Having a plan is crucial to your business’ success. It’s not always the most exciting part of starting your business but having a well-formulated business plan is an integral part of your company’s success. A business plan gets the visions and goals of your activity on paper and is also necessary for attracting investors.   Many […]

Read More

Making Your Mark: How to Build Your Personal Brand

Nicole Fallon, Contributor / August 29, 2019

As an entrepreneur, you are the public face of your business. Here’s how to build a strong personal brand that shows the human side of your company. In the digital age, most entrepreneurs publicly connect their personal name and reputation to their business. A strong personal brand ties these elements together in a professional, yet […]

Read More