Here’s news to help you run your business better, including new per diems from the IRS, how beer is boosting business in Grand Rapids and how to disappear your Google data.

1. What the IRS allows for business travel in 2019/2020 — The IRS recently issued new per-diem rates for business travelers. For high-cost localities, the per-diem is $297; low cost localities are $200; incidentals remain unchanged at $5 per day wherever the travel occurs. Get more details here. To understand how per diem rates work, read this summary from Forbes.

2. Michigan farmers see production drops after record-setting wet season — Soggy, flooded fields this growing season have resulted in the lowest corn production since 2004. Yield for soybeans, beets and dry beans are also down. Get the full report.

3. Beer is good business for Kent County — Last year, craft beer drove $38.5 million in economic impact for Grand Rapids and Kent County.

4. Simon says focus on the long term — Business pundit Simon Sinek—who earned fame by directing organizations to focus on their “why” to keep people motivated—is shifting the conversation again. His new book inspires leaders to run their business like a journey without a final destination. Read this insightful interview that covers Sinek’s views on “infinite-minded leadership.”

5. Think Google knows too much about you? Here’s how to set your Google data to self-destruct.

Thank you to our Friday Five sources: Journal of Accountancy, Forbes, Crain’s Detroit Business, Grand Rapids Business Journal, Inc. and The New York Times.

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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