9.6.19

Friday Five Business Briefing – September 6, 2019

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Here’s news to help you run your business better, including the effect of tariffs on Michigan business, three rules to break and why providing high-quality childcare is worth the investment.

  1. Tariffs force Michigan businesses to raise prices — Weak Chinese currency and a stronger dollar have offset the effect of some tariffs, but higher wholesale costs are forcing Michigan retailers to raise prices. Get the whole story.
  1. Break these three stupid business rules — See why Chobani Billionaire Hamdi Ulukaya thinks the usual business playbook is flat-out dumb and what he does instead here.
  1. Planning to sell your business when you retire? With so many baby boomers retiring a better strategy may be bringing your family in—discover the reasons why.

  2. The ROI on providing high-quality childcare — Charles Bonello, CEO of Vivvi lays out the reasons why providing childcare to workers is worth it.
  1. Oh coffee, how we love thee — Lower rates of diabetes and Parkinson’s disease are just two of the benefits of enjoying a cup of joe. Check out more benefits and what’s at risk if you drink too much coffee.

Thank you to our Friday Five sources: MLive, Inc., Forbes, Fast Company and Medical News Today.

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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