KTM Industries honored with first-ever Rick Snyder Spirit of Entrepreneurship award by SBAM KTM Industries honored with first-ever Rick Snyder Spirit of Entrepreneurship award by SBAM Friday, November 8, 2019 The Small Business Association of Michigan recently honored Tim Colonnese, owner of KTM Industries, as the recipient of the first-ever Rick Snyder Spirit of Entrepreneurship Award. Read more
Business Owner Survey Business Owner Survey Michigan Future Business Index Friday, November 8, 2019 Read more
Final Rules for Hardship Distribution for Qualified Retirement Plans Issued by IRS Final Rules for Hardship Distribution for Qualified Retirement Plans Issued by IRS Friday, November 8, 2019 On November 9, 2018, the IRS published proposed rules to change the requirements for hardship distributions from a 401(k) or 403(b) retirement plan. These rules grew out of the Bipartisan Budget Act of 2018, which opened the door for easing the rules governing hardship withdrawals from these plans. Read more
Clear Job Titles and Descriptions Can Reduce Gender Bias in the Workplace Clear Job Titles and Descriptions Can Reduce Gender Bias in the Workplace Thursday, November 7, 2019 More than one-quarter of men (26%) say they have more responsibility than colleagues with the same job title, compared to 18% of workers who are women. Read more
Court: State Law Allowing Line 5 Tunnel Construction Is Constitutional Court: State Law Allowing Line 5 Tunnel Construction Is Constitutional Tuesday, November 5, 2019 A Court of Claims judge Thursday dealt a blow to the Gov. Gretchen Whitmer administration's effort to block construction of the Line 5 tunnel in the Straits of Mackinac. Read more
Bills Wipe Slate Clean For Thousands Of Former Convicts Bills Wipe Slate Clean For Thousands Of Former Convicts Tuesday, November 5, 2019 An estimated 100,000 Michigan residents, "and then just keep going," will be helped by a seven-bill package expanding expungement eligibility approved Tuesday by the House Judiciary Committee, according to Chair Graham Filler (R-DeWitt). Read more
Stand Out with a Strong Relocation Package Stand Out with a Strong Relocation Package Tuesday, November 5, 2019 When it comes to company benefits, are you offering what matters most to potential employees? One benefit that tends to go unnoticed or overlooked is employee relocation. However, a recent study shows that offering relocation benefits could significantly improve recruitment efforts. Read more
Letter from the President Letter from the President Monday, November 4, 2019 So much is happening at SBAM right now, so I thought I’d give you a rundown of some of the bigger items that have been on our plate. Read more
Employee Gifts: How They Can Boost Employee Morale Employee Gifts: How They Can Boost Employee Morale Monday, November 4, 2019 According to a 2017 Gallup Study on workplace engagement, about 51% of the country’s employees didn’t feel like they were actively engaged with their work. Nearly 20% admitted to feeling negative about their job, the company they work for, or the workplace in general. Read more
Key Tips for Protecting your Small Business from the Risk of Fraud Key Tips for Protecting your Small Business from the Risk of Fraud Monday, November 4, 2019 Read more