12.20.19

Friday Five Business Briefing – December 20, 2019

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers. We’re here to help you grow your business!

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Here’s news to help you run your business better, including a new trade association for Michigan manufacturers, how to build rapport with clients, and last-minute moves to cut 2019 taxes.

  1. A new advocate for Michigan small manufacturers — The recently launched Michigan Manufacturing and Technology Association aims to help manufacturers with 100 or fewer employers grow their companies. Watch how they’re helping Michigan businesses be more competitive from their home office in Benton Harbor and learn about becoming an MMTA member.
  1. Build the rapport needed close the deal — Dinner or drinks with a client can encourage trust and rapport—if you do it right. Discover the 13 things to remember when taking a client out to talk business.
  2. Capital investment funds for MBA students — Western Michigan University’s new Center for Principled Leadership and Business Strategy will provide students with business mentors, large-scale consulting projects, and an investment fund for the acquisition of small business startups by MBA students. Read more about this new business center backed by $6.5 million in donations.
  1. Reality check for managers — There’s often a perception gap regarding feedback between managers and employees. Ending a feedback conversation with, “What did you hear me say?” is a powerful question for ensuring both parties are on the same page. Learn more about getting feedback on your feedback.
  1. Last-minute moves to cut 2019 taxes — It’s not too late to trim your income tax bill. Get six pro tips for cutting tax bills before the end of the year if you’re self-employed or own a small business.

Thank you to our Friday Five sources: ABC57, Forbes, MiBiz, Inc. and Financial Planning.

Do you have business banking questions? Contact our knowledgeable commercial loan officers or call 800-991-2221. We’re here to help you grow your business!

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers. We’re here to help you grow your business!

Learn more

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