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...
SPECIAL REPORT: Laws, Regulations Crunching Businesses Trying to Survive
States around the country are beginning to reopen, and businesses are trying to climb out of the COVID-19 morass. But many fear cumbersome laws and regulations could make that difficult.
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,...
If you can’t find equal in estate planning, shoot for fair
Estate plans try to be equal, but sometimes the best you can hope for is fair.
Michigan manufacturer celebrates 75 years as a family-owned business
When Martin Blanck founded his Detroit-based home improvement business in 1944, he might never have imagined it would grow into the longstanding, Michigan-based vinyl window manufacturer Wallside Windows.
Blanck was...
Q&A: Dan Musser on how the Grand Hotel preps for the Mackinac Policy Conference
This is “all hands on deck” time for Grand Hotel President Dan Musser III – this week is the Mackinac Policy Conference, which brings more than 3,000 people to Mackinac Island.
What should you do when the CEO ‘stays too long?’
The comparison of the aging athlete to the family business CEO has parallels. There is one huge difference though – the aging athlete is normally retired by a third party. Not so with the family business CEO.
Chip lovers far and wide will celebrate National Potato Chip Day with Better Made
What Detroit now knows as Better Made Snack Foods started as a simple 50/50 partnership between two men – Cross Moceri and Peter Cipriano – who both loved food...
Teamwork, staying agile key to this company’s long history
You may think that after a business celebrates a milestone anniversary – one year for restaurants, a decade or even half a century – they get to rest and relax a little. That would be a mistake.
How to master entrepreneurship — with your spouse
Working with a team of any size can be challenging – but imagine going home with your “work wife” or “work husband.” That’s exactly what Chad and Jami Buchanan...
When the pot is still simmering, family business problems won’t be resolved
Especially in a family business, the single best way to avoid conflict is to anticipate issues and resolve matters before the proverbial pot boils over.
LATEST ARTICLES
Cybercriminals Use Sophisticated Thievery To Steal Personal, Business Funds
With so much reliance on the Internet, social media and electronic data storage, cybercriminals are finding ways to break in and steal data and money.
Moderating Wage Growth Makes the Fed Likely to Hold Rates Steady in June
With the May jobs report showing job growth, and wage growth slowing, experts think the Federal Reserve is likely to hold interest rates steady this month.
Michigan Restaurant Industry Still Facing Challenges Post-COVID
The restaurant industry in Michigan is still recovering from the pandemic, with staffing challenges still in front of them.
GM Unveils $1 Billion Investment in Flint Plants
General Motors will invest more than $1 billion in the Flint Assembly and Flint Metal Center facilities to get them ready for production of heavy-duty trucks.
Michigan Appoints Nation’s First Growth Officer
Michigan Gov. Gretchen Whitmer has appointed Hilary Doe as the state's growth officer, focused on growing Michigan's population and boosting economic growth.