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March 2013 Archives

Tesoro incorporates algae-derived oil into its business planning

There has recently been plenty of concern regarding the negative effects that drilling for oil has on the environment. Much of this has stemmed from the various large spills at oil drilling locations which have resulted in the pollution of the environment in Michigan and elsewhere. Some oil companies are looking for new ways to produce oil without having to drill. One company, Tesoro Corp., has decided to address this concern by adding algae-derived crude oil into its business planning .

Michigan lawmaker proposes tax law for new business entities

Keeping up to date on the latest changes in business laws and regulations is important for any entrepreneur looking to form a new business. Some of these changes can affect how certain types of business entities are taxed. One lawmaker from Michigan is currently promoting a change in the law that will alter the tax liabilities of some business partnerships. Anybody who is looking to start a new business will want to pay attention to the details of the proposed changes in tax law.

Michigan community attracts new business with revitalization

Business thrives when it is supported by a strong surrounding infrastructure. Sometimes in order to obtain this necessary infrastructure a community will need the help of state and local government funds to improve the local area. Recently one community in Michigan was designated as a Michigan Main Street community, which means it now has access to approximately $250,000 in technical assistance to develop the community in order to make it more attractive to an entrepreneur to open a new business .

Two franchising business people re-open fast food restaurants

Most people enjoy modern-day conveniences. This can be especially true for busy Americans who are hungry but have little time to cook for themselves. Demand for convenient eating options has made the fast food franchising business a potentially profitable industry to enter. One entrepreneur from Michigan recognized this and decided to team up with another entrepreneur in order to re-open a fast food restaurant chain which had shut recently shut down in another state.

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