As a leading voice for small businesses in Michigan, the Michigan Business Network (MBN) believes the people making decisions need to hear how COVID-19 and the Stay Home, Stay Safe order are impacting your business.
Thank you for your participation! This special edition of the Michigan Future Business Index (MFBI) survey is available in link below!
Founder and CEO of Michigan Business Network, Chris Holman gathers with Bob Lapinski, Media & Public Relations Advisor of AF Group and Paul King, President of ROI Insight to discuss findings from the Spring 2020 Michigan Future Business Index COVID-19 Impact Survey.
Bob Lapinski shares about why Accident Fund has maintained its connection to the survey twice annually since 2006. They've been with the survey through the Great Recession, the steady recovery since, and now in the time of the COVID-19 crisis. This Spring survey pivots to address the facts, questions, and concerns of the Michigan business community in light of COVID-19. Paul King speaks to the impact, methods, and reaction from the business community.
All three noted how the stats flipped from positive to cautious about the economy. At the same time, there remained some optimism in the small business community that we will come out okay on the other side. They also review the circumstances around the labor force and what had been the talent gap. All in all, the three look forward to return to the traditional future business index to extend the trending of these long term questions.
About the survey:
The Michigan Future Business Index (MFBI) is commissioned semi-annually by the Accident Fund Insurance Company of America and the Michigan Business Network, and conducted by Paul King founder of ROI Insight. It surveys owners of small to mid-sized businesses in Michigan and provides business leaders a forum to offer their perspectives and opinions on doing business in Michigan, the overall business climate in the state and various issues in the news.
It also allows us to forecast potential changes in the market. Thanks to business leaders’ participation, we are able to amplify the voice of small business in Michigan and provide data to guide decisions of business advocacy organizations and policymakers, setting an agenda to help Michigan businesses prosper.