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Small Business Association of Michigan

The Small Business Association of Michigan (SBAM) is the only statewide and state-based association that focuses solely on serving the needs of Michigan’s small business community. We have been successfully serving small businesses like yours in all 83 counties of Michigan since 1969. We’re located in Lansing, just one block from the Capitol.

Michigan Expecting $140 In Cannabis Sales Per Person By 2021

LANSING - With only a 10 percent excise tax on the sale of recreational marijuana, Michigan state officials are expecting a fairly substantial windfall in the next two years as the market, literally, lights up to the tune of $140 worth of product for every man, woman and child by the end of 2021. "It's

By |2020-01-18T16:20:02-05:00January 18th, 2020|Marijuana Business, News, Politics, Politics/Government, Small Business Association of Michigan|
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Economist Bullish On Michigan In 2020

LANSING - A Federal Reserve economist Thursday said he expects 2020 to be more positive for the state's economy than 2019. "One thing to keep in mind is that in most of the years since the recession, Michigan has outperformed its trend on this basis than the U.S.," said Martin Lavelle, business economist with the

By |2020-01-18T16:21:17-05:00January 18th, 2020|Politics, Politics/Government, Small Business Association of Michigan|
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Biz Gets Break After $3.2 Billion Unemployment Debt Paid Off Early

LANSING - The state's Unemployment Insurance Agency (UIA) announced it has paid off a $3.2 billion debt to the feds, meaning a break for Michigan businesses that no longer have to pay the obligation assessment as part of their unemployment taxes. Gov. Gretchen Whitmer's office said this means $55 million will now stay with businesses,

By |2020-01-09T18:15:56-05:00January 8th, 2020|Featured, Politics, Politics/Government, Small Business Association of Michigan|
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Gambling Package Could Mean $100 Million More For Schools

LANSING - If everything goes as hoped, Michigan casinos will be able to start offering sports betting and Internet gaming by the men's college basketball tournament in March, according to Rep. Brandt Iden (R-Oshtemo Twp.). The shepherd for the gaming expansion package in the House, Iden said he's hopeful the Gaming Control Board will be

By |2020-01-01T13:44:15-05:00December 21st, 2019|Politics, Politics/Government, Small Business Association of Michigan|
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Gov. Whitmer To Keynote SBAM Business Summit June 20

LANSING - Michigan Gov. Gretchen Whitmer has agreed to be the keynote speaker June 20 at the Small Business Association of Michigan's Summit. In addition to ample networking opportunities, a fantastic expo hall, keynote presentation by Governor Whitmer and lunch, this year our SBAM's business owner panel discussions are also back, with these hot topics.

By |2019-05-22T10:54:35-04:00May 22nd, 2019|Small Business Association of Michigan|
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Whitmer Opens Door To Reduction In Personal Injury Protection Auto Insurance

LANSING - Allowing a car insurance customer to not purchase personal injury protection (PIP) coverage, even if an individual’s health insurance company covers auto accident claims, is a bridge too far for Gov. Gretchen Whitmer in the auto no-fault reform debate. Speaking to reporters as she toured the Hope Network Neuro Rehabilitation Center in East

By |2019-05-22T08:19:09-04:00May 21st, 2019|Politics, Small Business Association of Michigan|
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Personal Disclosure Bills Getting Bi-Partisan Support In Michigan Legislature

LANSING - Michigan officeholders and candidates for legislative, executive and judicial branch positions within state government would be required to fill out financial disclosure statements similar to what is required of congressional candidates and members under legislation highlighted Thursday. Reps. David LaGrand (D-Grand Rapids) and Mark Huizenga (R-Walker) led a press conference Thursday afternoon with

By |2019-05-21T21:24:46-04:00May 21st, 2019|Politics, Politics/Government, Small Business Association of Michigan|
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Will Legalized Pot Generate Lots Of Cash? Bank On It

LANSING - Michigan state lawmakers are urging Congress to quickly adopt federal legislation that would protect banks and credit unions from penalties if they accept deposits from cannabis-related businesses. The Secure and Fair Enforcement Banking Act of 2019 is seen as being more necessary as ever now that marijuana is legal for adult use in

By |2019-05-21T20:00:36-04:00May 21st, 2019|Small Business Association of Michigan|
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Infrastructure Problems Drag On Michigan’s Entrepreneurial Economy

GRAND RAPIDS - Problems with Michigan’s infrastructure go beyond deteriorating roads and bridges. Michigan also ranks poorly — 42nd among the 50 states — in terms of digital connectivity, according to an annual report on entrepreneurship in the state. The scorecard issued annually by Michigan Celebrates Small Business and the Small Business Association of Michigan ranks the state

By |2019-05-06T10:26:01-04:00May 6th, 2019|Michigan Small Business Development Center, Small Business Association of Michigan|
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33 Ways To Use Technology In Your Small Business

LANSING - Technology can help small business owners leverage limited capital in smarter and more effective ways. In some cases, using technology is a natural progression for processes you may already have in place in your business. In others, you may need to make some adjustments to reap the benefits of these tech-friendly alternatives. The good

By |2019-03-31T18:10:07-04:00March 31st, 2019|Small Business Association of Michigan|
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