Entrepreneurs

Dude – Do I Really Have To Pay The Irs For Medical Marijuana Sales?

With the sale of medical marijuana and recreational cannabis in States that have legalized their sale, I am often asked whether a seller must pay federal tax on its sales proceeds. As a former IRS Agent, I tell them…

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Lawyers Join Detroit’s Rising Tide of Entrepreneurial Energy

Recently, I’ve read a few articles about how entrepreneurship is losing its cachet among millennials. Really? I guess the authors of these articles have missed a real “boots on the ground” story in Detroit. I can attest that the…

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More women may be good business planning idea for tech companies

Women make up half of the population and therefore make up half of the consumers in the economy. This is why companies in all industries and sectors have a financial interest in targeting women in their marketing campaigns to…

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University research alliance reports low business formation stats

A university is meant to be a place where new ideas and concepts are created and explored. One way this manifests is through the start-up companies which emerge from the business formation efforts of students applying what…

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Drum maker begins business planning process in Michigan

In many types of musical genres, drums act as the backbone to the music. However, when starting a business, financing is the backbone of business formation . Start-up financing is what one entrepreneur is now looking for in his…

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Coolhouse Labs helps new Michigan companies in business formation

Starting a new business can have a variety of challenges such as developing a sales strategy or obtaining funding to fulfill startup requirements. Many times new entrepreneurs who have good ideas but have little business experience will need help…

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Two businesses collaborate on franchising venture in Michigan

The more experience one has in his or her chosen field, the more successful he or she will likely be in business. One family in Michigan knows this all too well and, with 45 years of experience in retail,…

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Michigan entrepreneur displays creative business planning

Being an entrepreneur is almost like being an artist. Whatever one entrepreneur can imagine, he or she can often make it an actuality in the business world. However, it may take a certain amount of business planning in order…

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Business planning necessary to launch new SuperTrike idea

Before Chrysler was bought by Daimler, the company had plans to produce a car especially made for the Third World which utilized a two-piece body which had been injection molded out of specialized thermoplastic polyester. The company even went…

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Social entrepreneur company wins seed funds for business planning

It is one thing for entrepreneurs to come up with a good idea which could become a profitable business, however it is another for a startup business to be both profitable as well as emphasize helping the community. One…

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