The Small Business Briefing – August 4, 2025

In this edition of the Small Business Briefing, Brian Calley and Sarah Miller focus on updates relevant to small business owners in Michigan, including a detailed discussion on the proposed graduated income tax initiative and its potential impact on small businesses, an in-depth conversation with Blue Cross Blue Shield of Michigan about healthcare cost drivers and plan options, and an analysis of recent economic indicators such as jobs reports and Federal Reserve interest rate decisions.

Covered Topics:

• Proposed graduated income tax amendment and its effects on small businesses
• Healthcare cost trends and strategies for managing employer health plan expenses
• Comparison of PPO, HMO, and high-performance network health plans
• Recent jobs report revisions and economic outlook
• Federal Reserve interest rate policy and implications for the economy