Friday Five Business Briefing – January 11, 2019


An instructor speaking at the front of a computer lab

Here’s news to help you run your business better, including new Michigan laws, when to invest in training and tips for saving energy.

  1. Ten bills that affect business in the Great Lakes state — A frenetic lame-duck season resulted in former Governor Rick Snyder signing 221 bills into law in December. Here are 10 new laws that affect how we do business in Michigan.
  2. Consumer confidence sets records — Economist Richard Curtin reports that consumer confidence remained at record favorable levels in December. 2018 was the best year since 2000. See the full report.
  3. When to invest in training (and make sure it sticks!) — According to Harvard Business Review, learning is a consequence of thinking, not teaching. Here are three conditions needed to ensure your training solution will be effective.
  4. Does your company need to go on an “energy diet”? At the beginning of the new year, many of us look for ways to cut calories; businesses can improve their financial well-being by reducing energy use. To get started, check out these tips for saving energy.
  5. When the winter blahs take over — get a dose of inspiration with these quotes that will give you a new perspective.

Thank you to our Friday Five sources: Crain’s Detroit Business, the University of Michigan, Harvard Business Review, Conserve Energy Future and Canva.

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

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