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.

Report: Third Of Manufacturers Aim To Improve Operations Using Industrial Internet Of Things

TROY – Plex Systems, cloud ERP and MES manufacturing developer, Thursday released the results of a new report that shows today’s manufacturers hope to improve operations using the Industrial Internet of Things. Plex’s annual State of Manufacturing Technology survey collects information from global manufacturers to measure current technology use and future implementation and adoption plans.

By |2019-02-19T07:26:59+00:00February 14th, 2019|IoT, Small Business Association of Michigan|

DTE Returning Tax Savings To Help Business’ Bottom Line

LANSING - We’re in the heart of the winter heating season. It’s cold outside, your energy usage is at its peak and that means bills may be higher as well. Fortunately, you’re about to see some relief as additional tax credit savings start appearing on your bill. This credit, which will run until midyear, is the

By |2019-02-03T20:36:31+00:00February 3rd, 2019|Small Business Association of Michigan|

Michigan Secretary Of State Seeks Deal In Redistricting Suit; May Mean Redrawn Districts In 2020

LANSING - Arguing the court has "found significant evidence of partisan gerrymandering," Secretary of State Jocelyn Benson filed a brief in the League of Women Voters of Michigan redistricting lawsuit that opens the door to her cutting a deal to have legislative districts redrawn for 2020. Recently, Republican House Speaker Lee Chatfield (R-Levering), Rep. Aaron

State Revenues To Tick Up $264 Million This Year, $225 Million More Next Year

LANSING - Gov. Gretchen Whitmer is starting off with $264.7 million more in state revenues than previously expected this fiscal year and $225 million more than previously estimated in state revenue for her first budget for Fiscal Year (FY) 2020. But the agreement reached Friday at the Consensus Revenue Estimating Conference (CREC) still amounts to

By |2019-01-21T09:02:27+00:00January 19th, 2019|Small Business Association of Michigan|

Whitmer Calls For More State Contracts For ‘Disadvantaged’ Businesses

LANSING - Gov. Gretchen Whitmer has asked the state to adopt policies to increase the contracts the state awards to "geographically disadvantaged businesses" so as to expand business opportunities in "low-income communities and underutilized business areas." In her eighth executive directive issued since she's taken office, Whitmer said she wants the Michigan Department of Technology,

By |2019-01-13T18:17:51+00:00January 13th, 2019|Politics, Small Business Association of Michigan|

Former Lt. Gov. Calley Named President Of Small Business Association Of Michigan

LANSING - Former Michigan Lt. Governor Brian Calley has been named president of the Small Business Association of Michigan. Current SBAM president and CEO Rob Fowler will remain the organization’s CEO. “We could not be happier or more excited to welcome Brian and to work with him in the fight to support Michigan small businesses

By |2019-01-02T13:39:31+00:00January 2nd, 2019|Small Business Association of Michigan|

Timely Year-End Tax Actions

LANSING - The alteration in the standard deduction and how taxpayers have been accustomed to using it may be the single most important factor for tax planning into 2019. The increase in the standard deduction is designed to simplify taxes for millions of tax payers. So rather than itemizing deductions, some taxpayers will instead just

By |2018-12-20T17:36:48+00:00December 20th, 2018|Featured, Small Business Association of Michigan|

Flow-Through’ Exemption Restorer Bill Heads To House

LANSING - Nearly 250,000 Michigan "Flow-Through" business organized as S Corporations or partnerships could claim state income tax exemptions under legislation that the Senate unanimously passed Thursday. Under the 2017 U.S. Tax Cut, "Flow-Through entities" lost their ability to deduct what they pay in state income taxes. C Corporations, by contrast, did not lose that

By |2018-12-06T20:17:13+00:00December 6th, 2018|Politics, Small Business Association of Michigan|

Bills Require Consumer Notification 45 Days After Data Breached

LANSING – Banks, businesses, government agencies and nonprofits that suffer a data security breach would have 45 days to inform all of their impacted customers, under a pair of bills reported out of the House Financial Services Committee Wednesday. HB 6405 and HB 6406, sponsored by Committee Chair Diana Farrington (R-Utica) and Rep. Joseph Graves

By |2018-12-06T20:17:13+00:00December 6th, 2018|Cyber Defense, Small Business Association of Michigan|

Michigan Voters Approved Recreational Marijuana: What Does That Mean For Michigan Businesses And Residents?

LANSING - Michigan voters approved Proposal 1 enacting the Michigan Regulation and Taxation of Marihuana Act. Michigan is the first state in the Midwest to legalize recreational marijuana. Marijuana will be legal for broader use in Michigan under Michigan law; however, marijuana is still an illegal narcotic under federal law. Below are answers to important

By |2018-11-08T19:10:14+00:00November 8th, 2018|Small Business Association of Michigan|