Advance Planning Will Help With Difficult Decision to Sell a Business
The decision to sell a business is a hard choice. Planning well ahead of the final decision can help make it a little easier.
Conflict Management in Your Family Business
Differing opinions on business operations can lead to misunderstandings and potentially cause long-term damage. The key is to balance family love and support with the focus on business growth and a harmonious work environment.
No Prenup? You Can Still Protect Your Family Business in a Divorce
There are options to protect the family business in a divorce without a prenuptial agreement.
Preplan with a Prenup to Protect Your Family Business
Experts say a prenuptial agreement is one way -- maybe the best way -- to protect all sides of a family business during a divorce.
Lessons Learned at the Dinner Table Will Serve Gardner White’s New CEO Well
Rachel Stewart learned a lot watching her parents run Gardner White. Now the furniture chain's new CEO, Stewart gets to apply what she's learned.
Gardner White Names Rachel Stewart Its New CEO
Gardner White officials stayed in the family for new leadership, choosing Rachel Stewart to succeed her parents as the furniture retailer's new CEO.
Annual Best of MichBusiness Awards Honor State’s Top Businesses
Dozens of Michigan's top businesses were represented at the annual Best of MichBusiness awards ceremony.
Better Made Snack Foods Celebrates 93rd Anniversary
DETROIT -- Better Made Snack Foods – one of Michigan’s best-known iconic brand names –launched its 93rd anniversary celebration Tuesday leading up to National Potato Day, Saturday, Aug. 19.
The...
Small Business Outlook Rises on Debt Ceiling Deal and Cooling Inflation
The National Federation of Independent Business’s Small Business Optimism Index rose to 91.0 in June from 89.4 in May, matching Comerica’s forecast and above the 89.9 consensus forecast.
The...
Succession Plan Helps Create Business Continuity
Experts say creating a strong succession plan can be in the best interest of everyone involved in the family business.
Shield’s Detroit-Style Pizza Voted #1 By Tasting Table Magazine
The Detroit-style pizza craze continues to sweep the country and Shield’s Restaurant and Pizzerias in Metro Detroit announced that it was recently named as the best in Metro Detroit...
Avalon Closing Flagship Midtown Location, Moving to Jolly Pumpkin
Avalon International Breads, which opened in 1997, is closing its flagship Midtown location and moving down the alley to the Jolly Pumpin.
Bavarian Inn Lodge Plans $80 Million Indoor Water Park Expansion
Officials at the Bavarian Inn Lodge will break ground on an $80 million expansion project that will expand its water park amenities.
Grobbel President: Book Describes ‘Pillars’ for Successful Family Businesses
EW Grobbel Sons, Inc., President Jason Grobbel talked about successfully running a family business in the latest episode of LinkedIn Live.
Expert: Twelve Commandments for Family Businesses
Experts say these "commandments" for family businesses have "stood the test of time."
Building Business Value
Identifying Exit Strategies Key to Preparing Family Business for Transition.
Greektown Casino-Hotel in Detroit to be Renamed
Penn National Gaming, the Greektown Casino-Hotel operator announced on Monday the complete $30 million renovation would be completed soon.
Award-Winning Boutique Opening Second Store on Main Street in Plymouth
PLYMOUTH – VITRINE has announced it will open the doors to its new second location, VITRINE on Main, in Plymouth on Dec. 16.
VITRINE is a women-owned business known for...
Small-business owners avoid pitfalls, find achievement
Stacia Guzzo did some cancer research of a different color after her mom was diagnosed with breast cancer years ago.
Real estate and construction company celebrates its 45th anniversary and growth
Family-owned businesses are the bread and butter of any community, and Metro Detroit is home to many examples of successful companies where multi-generational owners are the norm.
In October,...
