Since the recent recession, the economy in the U.S. has changed dramatically. The stable jobs that were once there before may not be as abundant or even in existence anymore. Michigan particularly felt the effects of the recession in…
Scientific advancements have greatly benefited society in a variety of ways. Science has made life easier, while also providing lucrative business opportunities for others. Entrepreneurs who are able to find their specific niche may also be able to start…
Solving a common problem through the design of a product can lead to a lucrative business venture. One new business startup in Michigan is hoping that their new product which attempts to remedy an age-old problem will be a…
Many people in the business community are concerned that overbearing taxation may impede economic growth. This could be especially important in an economy still slow to recover from the recent recession. The governor of Michigan has responded to this…
In business, companies must make strategic decisions based upon competition and future demand of products and services. Business owners in Michigan and elsewhere must constantly be keeping up on the latest trends in order to make decisions to be…
Oil is big business in the worldwide economy, since it is one of the most important energy sources used in Michigan and elsewhere. This makes owning a business in the oil industry potentially quite lucrative. Business evaluation experts indicate…
One of the most important aspects of running a solid business is finding the right personnel and talent. Recruiting the right people can be one of the more challenging aspects of a start-up venture, since a new company does…
When a start-up company begins conducting business, it will need to adhere to certain legal requirements. These considerations will need to be addressed in the business planning process. Some of these requirements are specific to the company’s industry and…
Technology is one of the fastest growing and most innovative sectors in business today. The industry holds plenty of opportunity for an entrepreneur with a creative idea for starting a new business . Michigan is attracting more entrepreneurs who…
America is often referred to as the land of opportunity, where a person who has a good business idea can become prosperous with hard work. However, business formation can be difficult in a struggling economy. One of the most…