Those hoping to establish a startup company in Detroit face a number of challenges. Such individuals must design a business model from scratch, learn about Michigan's licensing regulations and find capital to fund their company while still earning enough money to support themselves.
Steelworkers hope rallies will help push for contract
With the previous labor contract between United Steelworkers and ArcelorMittal having recently expired, the union has announced plans for practice picketing and rallies in hopes of convincing the large steel manufacturer to agree to a new deal. These developments emerge alongside talks for other employment contracts, including one between steelworkers in Michigan and Cliff Natural Resources. Those parties agreed to extend their previous contract while negotiations continue, but United Steelworkers and ArcelorMittal have reached no such arrangement.
Quincy firm buys Midwestern telecom group
Newly released information shows that the Quincy-based telecommunications firm 382 Communications is considering an acquisition that would set the company up for future growth. According to company leaders, the firm is planning to purchase Iserv Co., a firm based in Grand Rapids, Michigan. The move will allow the East-Coast firm to access richer assets in the Midwestern area.
Starting a business with the help of angel investors
As the saying goes, it takes money to make money. One needs resources in order to turn an idea into a reality. Unfortunately, gathering start-up capital is often one of the most difficult aspects of starting a business. Enter: Angel investors.
