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Business Formation & Planning Archives

Man is laid off, then starts successful new business in Michigan

It is best to look on the bright side, as the saying goes. In other words, it is best to stay optimistic and make the best of it when a negative situation arises. Many people may have found themselves in these types of situations as a result of the recent recession and the still-stagnant economy which left many people without employment. One man in Michigan recently found himself without a job, which prompted him to start a successful new business .

New business required to adjust business plans in Michigan

When starting a new company, an entrepreneur must take into consideration any laws and regulations which could apply to the type of business contemplated. One entrepreneur and her sisters initially failed to do this when they attempted to start their new business in Michigan. The three sisters envisioned opening a raw juice business, but did not take into consideration the state's laws on selling food, which caused them to rework their business plans.

140 Proof business planning incorporates Michigan location

In order to increase profit margins, many times a business needs to expand its operations. Sometimes, this means that a business will have to incorporate the launch of a new location into its business planning . This allows the business to either reach a new location-specific market or to increase its volume of production. One out-of-state social media advertising company has decided to expand its business by opening a new location in Michigan.

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.

Business planning commission to review Wal-Mart in Michigan

Recently, Wal-Mart has become one of the largest and fastest growing companies in the U.S. with locations all over the country. The corporation now has its eye on opening its latest location in a town in Michigan. The plans for the new location have been submitted and were set to be examined by a local business planning commission in the middle of April.

University of Michigan business planning includes new discovery

Scientists are passionate about their work and are tireless in their efforts in making new discoveries and inventions that could potentially benefit all of society. When a scientist makes an important discovery, he or she will probably want to make sure that all of the hard work does not go to waste. This is the case with an important new discovery made at the University of Michigan, which demonstrates that light can reverse oxidation of copper. The university is now looking to move forward with business planning in order to monetize this discovery.

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 .

Merck invests $600 million in new company founded in Michigan

Advancements in medical research are vital to helping medical professionals save lives and improve the health of the population. Also, medical research can lead to profits for those who are in the position to capitalize from it. This may have been the reason behind Merck deciding to invest $600 million into a new company , which focuses on biotechnology and was started at the University of Michigan.

New business in Michigan aims to help transfer old phone data

Many people are keen on keeping up to date with the latest in cell phone technology. For these people, it is important to purchase the newest cell phone model available on the market. Although this may provide them with the convenience afforded by the latest technological advancements, some of their important data, such as text messages and emails, may be trapped in an older format. A new business based in Michigan offers consumers a remedy to this problem.

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