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Celebrating growth in Michigan continues with this year’s Economic Bright Spots

Heading toward the second half of 2017, Michigan’s economic fundamentals are strong. For instance, the state’s unemployment rate stood at a solid 4.7 percent in April, and personal income in 2016 increased by 3.6 percent in Michigan, which matched the national average and was the second-fastest increase among the Great Lakes states, according to the […]

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Once Mark Fogarasi heard of a franchise business known as Rocket Fizz, he simply could not get the idea of owning a store of his own out of his mind. There was the first mention when he saw it on “Undercover Boss,” a popular TV show that Fogarasi had not regularly watched but happened to […]

How true leaders—yes, that’s you—motivate others to take action

Leadership means doing a lot more than making hiring decisions, signing paychecks, and taking care of your team and your company. True leaders motivate others to take action. When you think of leaders in your community, who comes to mind? Public officials? Civic group presidents? Pastors? These are fine choices, but many entrepreneurs don’t realize […]

Carnegie’s Wisdom on Mining for Gold

In today’s environment of high-velocity change, a business’s technology, product innovation or unique distribution are only fleeting advantages.  In fact, the only sustainable competitive advantage is an organization’s talent and how reliably they perform. Andrew Carnegie came to America from his native Scotland when he was a small boy, did a variety of odd jobs, […]

4 Tips for Stress-Free Business Travel

Over the years, I’ve traveled for business a lot — sometimes alone, but often with colleagues. One time, I found myself traveling with a colleague I didn’t know very well. We were both rushed to get work done before the flight, so we gave ourselves very little time to get to the airport. Everything had […]

How Data Can Help Drive Success of Local Business—With a Little Analytical Help

When doing business with your bank in the traditional sense, most probably think of working with an organization to keep deposits secure, provide money transaction capabilities and make loans. After all, this is the traditional focus of how financial institutions, especially community banks, operate. What you may not know is just how much more your bank […]