Guide to starting and operating a small business

June 7, 2017

Helping businesses to open and grow is a focus activity of the Michigan Economic Development Corporation (MEDC), state government in general, and the Michigan Small Business Development Center, which is the key partner in providing small business assistance across the state: Counseling, training, and research to assist any small business to launch, grow, transition, and innovate. This Guide is designed as an information tool, outlining as clearly as possible many of the steps, responsibilities, issues, or questions facing prospective and existing entrepreneurs.

Spotlight

Wecom Inc.

Profitable growth through superior customer service, innovation, quality, and commitment - This is Wecom today.Wecom Inc. started as a small telecommunications business in 1958. Incorporated in 1983, the business called Western Electronics and Communications became Wecom Incorporated. Arizona native and DeVry Institute of Technology graduate Jack E. Trahan took over as president and presided over Wecom until 2009. With 34 years of experience in the growing field of telecommunications, Jack has built Wecom as a business that is based on “honesty and professionalism.

OTHER WHITEPAPERS
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Small Business Planning During COVID-19

whitePaper | April 2, 2020

This report by the IMA® (Institute of Management Accountants) Small Business Committee shares professional insight to help small businesses respond to the coronavirus emergency. With an emphasis on cash flows considerations, the report provides guidance on how small businesses can apply a three-step assess-build-communicate (ABC) recovery planning framework which includes:

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Small Business Strategy

whitePaper | January 31, 2023

The Department’s small business programs, activities, and workforce are distributed across the Military Services, Defense Agencies, and field activities (DoD Components), including Components of the Office of the Secretary of Defense (OSD).

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Future Readiness of SMEs: Mobilizing the SME Sector to Drive Widespread Sustainability and Prosperity

whitePaper | November 30, 2021

The COVID-19 pandemic, climate change, technological disruption, socioeconomic stratification and related social unrest as well as changing expectations about business have all proven in different ways that we are at a crossroad. The role of business in this context is now widely understood. However, most of the attention and headlines focus on initiatives from large multinationals and industry leaders, while small and medium-sized enterprises (SMEs) are only sporadically recognized and often neglected as major drivers of economic activity, as well as social and environmental progress around the world.

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The business metaverse with real-life applications

whitePaper | June 5, 2022

EVVELAND is the business metaverse that applies Web3 technologies and operational expertise to attract and empower diverse communities focused on events, creativity, developing awareness and caring for the planet.Event organizers and professionals, SMB and corporations, universities, XR and 3D creators, digital artists and NFT collectors are welcome to join us… running their trade shows or private meetings.

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The small business guide to marketing on a budget

whitePaper | December 21, 2021

With the constant changes to Google and social platforms like Facebook limiting the reach you have on your audience, marketing with a positive ROI can be challenging. This whitepaper shows you how to generate new customers on a limited budget.

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How to Avoid Phishing Attacks

whitePaper | December 7, 2019

As a small or medium business professional, chances are you’ve heard about phishing. Phishing scams—ploys that cybercriminals use to trick unsuspecting people into revealing sensitive information and steal their identities—are a serious problem for both consumers and business owners. In fact, over the last five years, there has been a steady increase in attacks targeting businesses with less than 250 employees, with 43 percent of all attacks targeted at small businesses in 2015.1 But phishing attacks aren’t only targeting businesses, they’re also targeting employees in order to gain access to a business’ sensitive data. The number of spear phishing campaigns targeting employees increased by 55 percent in 2015.2

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Spotlight

Wecom Inc.

Profitable growth through superior customer service, innovation, quality, and commitment - This is Wecom today.Wecom Inc. started as a small telecommunications business in 1958. Incorporated in 1983, the business called Western Electronics and Communications became Wecom Incorporated. Arizona native and DeVry Institute of Technology graduate Jack E. Trahan took over as president and presided over Wecom until 2009. With 34 years of experience in the growing field of telecommunications, Jack has built Wecom as a business that is based on “honesty and professionalism.

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