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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.

Record Budget Focuses On Paying Down Debt; Not Tax Cuts . . . Yet

LANSING - A record-breaking $76 billion state budget, with $15.3 billion coming from the General Fund, rolled out of a House-Senate conference committee early Friday morning and through both chambers of the Legislature – fueled by leftover emergency federal dollars and better-than-expected income and sales tax revenues. Around $7 billion ($3.8 General Fund, $3.2 billion

By |2022-07-05T15:56:10-04:00July 5th, 2022|Featured, Government/Politics, Small Business Association of Michigan|
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SHRM Survey Reveals How the Pandemic Affected Employee Benefits

LANSING - The pandemic has had a profound effect on all areas of employment, including benefits. Mental health coverage has emerged as one of the most popular covered benefits in 2022 with 91 percent of employers now offering coverage according to a recent SHRM Employee Benefits Survey. According to the survey, employers ranked healthcare as

By |2022-06-30T12:03:14-04:00June 27th, 2022|Small Business Association of Michigan|
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ASE Releases 2022 Michigan Compensation Survey Results – Salaries Rise 4 Percent

TROY – Low unemployment, sluggish labor participation, and unprecedented employee turnover appear to have accelerated the wages and salaries of local employers.  Data from the most recent ASE compensation survey shows that overall wage growth, based on a matched sample of companies (referred to as a constant sample) was 4.0 percent compared to just 2.1

By |2022-06-30T12:03:45-04:00June 20th, 2022|Small Business Association of Michigan, STEM|
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Competing For Talent Becoming Game Of Limbo – How Low Can You Go?

LANSING - Limbo is a game where the most limber, or flexible player wins. Sound familiar? Survey after survey is revealing that employees today are seeking more flexibility in their jobs and are willing to change employers to get that flexibility. But how flexible can employers be without sacrificing productivity? It’s fair to say that

By |2022-05-09T18:35:57-04:00May 9th, 2022|Entrepreneurs, Featured, Small Business Association of Michigan|
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Registration is Open for SBAM’s Annual Meeting And Small Business Summit June 16

LANSING - Join SBAM in Lansing for our premier small business event! We are excited to be back in-person and look forward to re-connecting with our members. The summit features an exhibit hall, ample networking opportunities, express learning sessions, lunch and keynote presentation. About Our Keynote Presentation There is a life cycle to business ownership.

By |2022-04-24T16:42:06-04:00April 24th, 2022|Small Business Association of Michigan|
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Michigan Marijuana Report, SBAM Form Strategic Partnership

ANN ARBOR - Michigan Marijuana Report, Edited and co-founded by MITechNew Editor and Publisher Mike Brennan, has formed a strategic partnership with the Small Business Association of Michigan. What that means is sponsors of MIMarijuanaReport.Com will automatically get an SBAM Premium Sponsorship when they purchase an MMR sponsorship. The SBAM sponsorship gets them many perks,

By |2022-04-22T16:01:33-04:00April 19th, 2022|Featured, Marijuana Business, mitechtv, News, Small Business Association of Michigan|
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Biden Administration Expands SBA Pilot Program Targeting Access To Capital for Underserved Entrepreneurs

WASHINGTON DC - The Biden Administration announced impactful reforms to the Small Business Administration's Community Advantage loan program, a key SBA tool for Community Development Financial Institutions, Community Development Companies, microlenders and other critical mission-based lending partners, that prioritizes equitable access to capital for low-income borrowers and those from underserved communities. “America’s mission-driven lenders have

By |2022-04-03T17:14:22-04:00April 3rd, 2022|Entrepreneurs, Small Business Association of Michigan|
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Pharmacists Can Share Lower, Generic Drug Costs Under Senate-Passed Bill

LANSING - Pharmacies would be prohibited from participating in contracts that bar them from disclosing prescription drug costs and the price tags of similar products, under legislation that unanimously passed the Senate. In 2017, the state of Michigan reported 32 percent of residents aged 19 to 64 years-old stopped taking their medication as prescribed due to

By |2022-02-25T09:48:54-05:00February 25th, 2022|Life Sciences, Small Business Association of Michigan|
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Michigan Afflicted Business Relief Grant Applications Open March 1st

LANSING - The State of Michigan will distribute up to $409 million of its American Rescue Plan Act funds as grants to eligible businesses who have suffered financial hardship due to COVID-19. The Michigan Department of Treasury is administering this grant. What Types of Businesses are Eligible? Afflicted businesses cannot be tax exempt. Eligible business

By |2022-02-15T09:09:51-05:00February 15th, 2022|Featured, Government/Politics, Small Business Association of Michigan|
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Canvassers Approve Language On National Popular Vote Petition For Michigan

LANSING - The Board of State Canvassers last week approved petition language that would have Michigan join a National Popular Vote compact. Yes on National Popular Vote of Michigan would enter Michigan into a national popular vote agreement, effective when adopted by states which combined have over half the electoral college votes for president, requiring

By |2021-11-29T11:37:01-05:00November 29th, 2021|Government/Politics, Small Business Association of Michigan|
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