1.8.21

Friday Five Business Briefing – January 8, 2021

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Here’s news to help you in a constantly changing business environment, including trends on the best businesses to start in 2021; how to hire for talent instead of geography; and a free global economic outlook event hosted by Automation Alley.

  1. Why 2021 is the best time for these businesses — At-home health products and remote wellness are just two of the trends entrepreneurs will capitalize on in 2021. The diversification of supply chains and acceleration of e-commerce will open even more opportunities. Get details on the trends working in entrepreneurs’ favor.
  2. How small businesses found a way to thrive — Three Michigan businesses share their success stories of growing sales during the pandemic by boosting their connection and engagement with customers. Their primary tools are social media, email, and posting videos in addition to still pictures. Watch the webinar on Small Business Resilience Stories to see how they did it.
  1. Hiring in a remote work world — Corporate attitudes toward work-from-home have changed markedly since last March. With the changes in how we work, the way leaders build teams is changing, too. Discover how you can approach hiring for talent, not geography.
  1. Protect your business against cyberattacks, and others’, too — One way hackers breach IT security at global corporations is through their supply chain. Weak cyber security at vendors like HVAC services and restaurants can provide hackers with a way into other systems. Use these four tips to secure your small business against cyber threats.
  1. Global economic headwinds and tailwinds — A free, livestreamed event hosted by Automation Alley presents international business experts who will discuss the shifting dynamics of the global economy. Plus, they’ll cover how businesses can position themselves to take advantage of the opportunities. Advanced manufacturing hubs, geopolitical risks and factors that affect Michigan’s business climate are on the agenda. Register here.

Thank you to our Friday Five sources: Fast Company, Entrepreneur, Inc., Crain’s Detroit Business and Automation Alley.

Do you have business banking questions? Contact our knowledgeable commercial loan officers online or call 800-991-2221. We’re also available to help in person at your local office.

Federally insured by NCUA

Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

Learn more

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