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Finance

How to improve the financial health of both you and your small business

Business Next
December 19, 2016 1:30 PM


Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Rob Pearl of CIG Capital Advisors. From their website: “Providing expert business and investment advice for 18 years through experience, leadership and innovation, CIG is dedicated to consistently understanding and addressing your needs with solutions that appeal to those who choose to elevate their success. Over the years we’ve developed a unique lifetime wealth planning process, a proprietary asset allocation methodology, created additional alternative investment options for suitable clients and performance driven business advisory services.”

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33rd Annual PNC Christmas Price Index

Michigan Business Network
December 13, 2016 10:00 AM

 

’12 DAYS OF CHRISTMAS’ GIFTS RISE ONLY 0.7 PERCENT IN PRICE 

IN-STORE SHOPPERS GET THE BIGGEST BARGAINS 

* PNC marks 33rd year of putting price tag on holiday classic 

* Slight rise reflects government CPI, slow U.S. economic growth 

* Consumers urged to take advantage of bargains 

* The convenience of online shopping comes at a cost 

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Michigan Offers Venture Opportunity for Entrepreneurs

Michigan Business Beat
October 21, 2016 4:30 PM

Chris Holman speaks with Maureen Miller Brosnan, Executive Director, MVCA -Michigan Venture Capital Association, Ann Arbor, MI.

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Don’t commit these financial planning errors

Business Next
October 21, 2016 1:30 PM

Michael Rogers, vice president communications for the Small Business Association of Michigan, chats with financial advisor Richard Feight about the financial errors that small business owners need to avoid if they want to be successful entrepreneurs. In December of 2007 Rich created IAM Financial to serve clients seeking objective, affordable, independent advice. Prior to this, Mr. Feight was an investment advisor representative of Creative Financial Design, where he was responsible for the selection of securities used in, and management of, asset allocation portfolios for numerous client accounts.

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Finance your Small Business Needs with Online Lending

Business Next
October 13, 2016 1:30 PM

Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Ryan Rosett, co-founder of Credibly, a lender associated with the Small Business Association of Michigan’s member-only Pulse financial analysis tool. Michael and Ryan talk about what’s going on in the world of small business lending, how Credibly is different than typical brick-and-mortar lending institutions and how Credibly offers more to small businesses than just lending.

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Raising Startup Capital and More

This Month in Small Business
October 5, 2016 3:30 PM

Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with nationally known small business advocate Chris Holman about robotics replacing jobs, the cities where millennials like to work, factors that contribute to a poor workplace environment, five steps to raising startup capital and key networking mistakes to avoid.

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How to craft a loan proposal to boost your odds of lending success

Business Next
September 26, 2016 4:00 PM

Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Perry Ballard, owner of Manager Perceived Value and a veteran SCORE counselor, to learn more about how to put together a winning loan proposal. Perry built an ad agency in southwest Michigan from a one-man-spare-bedroom-office to 28 people and $2 million per year annual income working in markets across the U.S. and overseas from local retail and services through travel/recreation and into light and heavy manufacturing. "That 30+ years proved two motivational paths increase response, no matter the message delivery channel – print or broadcast, social media, publicity/public relations, technical work – motivating a prospect starts by changing where YOU start thinking about your message," Perry says.

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Private equity firm that focuses on family-owned businesses

Business Next
September 26, 2016 3:00 PM

Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Martin Stein, founder and managing director of Blackford Capital, a small Grand Rapids firm recently named to the Inc. 5000 list of fast growing companies. Founded in 2000, Blackford has grown its work force from 4 to 16 employees. Blackford currently owns and oversees 9 portfolio companies, which have aggregate revenues of over $225 million, 800 employees, and operate in 11 states. In the past 5 years, Blackford has reviewed more than 14,000 transactions, completed detailed analysis on 1,200 companies, visited 150 possible acquisition opportunities, and completed 16 majority-control and 5 minority-control investments.

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LARA seminars on how to raise capital for your small business

Business Next
September 15, 2016 10:00 AM

Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Linda Cena of the Michigan Department of Legislative and Regulatory Affairs, about the Sept. 21-22 LARA seminars in the Upper Peninsula on how to raise capital.

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Credit Union Fills void in Lending Market

Michigan Business Beat
July 26, 2016 3:00 PM

Joe Campbell, Business Development Officer, LAFCU, Lansing, MI, stopped by the MBN studio to speak with Chris Holman about LAFCU commercial loan offerings. They discuss the role that credit unions have filled in the lending market. Mr. Campbell covers market demand, and describes a bit of that process. He covers how they interact with the SBA as well. Chris then inquires about how LAFCU is doing, and then a bit about CUSA (credit union servicing agency). The pair also remember MSU’s Ron Mason who recently passed, leaving a big void for the university and hockey community.

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