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Posts tagged "start-up company"

In the Company of Giants

I've dealt with hundreds of start-ups and established closely held companies over 30 years of practicing law.

Sometimes people are good at asking for help and sometimes not. Good counsel and a good CPA can be invaluable relationships for any closely held business. But what if you can't afford it? There are still ways to obtain the involvement and advice of seasoned business veterans and it is an opportunity too often overlooked.

New company focuses on app technology, stays in Michigan

Where one chooses to initiate a startup business is important and can mean the difference between success and failure. Although historically technology startup companies have not looked to Michigan as a fruitful place to begin a new technology firm, this view has significantly changed over the recent years. Now, Michigan is seen as a strategic location for starting a new company focusing on technology.

Venture capital for business formation increasing in Michigan

Starting a new business usually requires some type of start-up capital. However, many entrepreneurs do not have the necessary finances to jump start their own business ideas. Fortunately, for aspiring entrepreneurs in Michigan, the state has seen a dramatic rise in venture capital investors who are attracted to the entrepreneurial environment the state has to offer. This means many entrepreneurs will be able to complete their plans for business formation .

University of Michigan creates hub for new business startups

When an entrepreneur has a good idea, he or she must somehow find a way to bring the idea to the marketplace in order to make a profit. Many times this will require presenting the idea to potential investors as well as directly selling to the public. The University of Michigan understands this need and has taken action to assist young entrepreneurs to showcase their ideas for new business startups.

New business helps other companies recruit engineering students

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 not usually have an established reputation to attract the talent it needs. This is where new start-up Ready Force can step in to offer assistance. This new business was created to help other start-up businesses recruit engineering students by traveling to colleges across the country. They recently made a trip to a college campus in Michigan as part of their van tour.

New business in Michigan aims to compete with Groupon

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 have decided to base their start-up technology companies in the state. One of these companies is an innovative web firm called Quikkly, which is an online coupon service.

JOBS Act makes business formation easier in Michigan

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 challenging aspects of being an entrepreneur is being able to find the necessary start-up capital for a new business. However, the JOBS Act can help new businesses in Michigan gain this initial capital in a variety of ways.

New business in Michigan sells ads on toilet paper

Sometimes it just takes an original idea to start a business. If one can fill a niche that nobody else has thought of before, he or she may have a viable idea for a profitable new business . One local Michigan company has discovered a new twist on an old idea. The old idea is advertising. The new twist is advertising on toilet paper.

Michigan Microloan Fund Program: New business loan option

Beginning a business requires startup capital. This can be found through business loans especially designed for a new business. This allows the business to cover initial costs to lay the groundwork for the new company to grow. Ideally, it will also give the company some backup funds in order to get the business through the first few months where it may not be able to yet make a profit. One Michigan company has been able to secure its startup capital through the Michigan Microloan Fund Program.

Business formation: 3 Start Garden winners receive $5,000

Start Garden, a venture capital project in Michigan, is backed by $15 million provided by a family that is earmarked for individuals to compete for investment money. Entrepreneurs participate in Start Garden by laying their ideas out on the table for a chance to win $5,000 in investment funds. Three participants have been declared winners of this weekly project and will receive $5,000 in funds to help get their idea up off the ground and move forward with their business formation and planning.

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