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New Strategies for Employers as Healthcare Costs Set to Surge in 2025

Recent surveys on healthcare have taught us one major thing – healthcare costs are expected to rise. A survey completed by Willis Towers Watson reports that employers are seeking new strategies to...

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Is Your Workplace Ready for Severe Winter Weather?

When severe weather strikes, you may have very little time to act. Communication with employees won’t be timely and may not even be possible. Commuting to and from the worksite—and the worksite...

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The Small Business Briefing – November 4, 2024

Watch the Show Welcome to SBAM’s Small Business Briefing, where we discuss the news and issues impacting Michigan’s small business community. On today’s show we are talking about the IRS release of...

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2025 IRS Benefit Plan Limits Finalized

The IRS has now released all of the 2025 benefit limits on October 31, 2024. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits. Earlier...

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Having a Wellness Plan in Place Can Help Boost Employee Performance and...

When you’re running a business, keeping your employees engaged can boost performance and productivity – and having a wellness plan in place can help. Employee wellness programs don’t need to be...

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Corporate Transparency Act Reporting Deadline Looms

By Brian Calley, SBAM President & CEO If you own a small business, you are likely approaching a reporting deadline for the Corporate Transparency Act (CTA).  If you don’t know what this is check...

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Barrett Wins MI-07, McDonald Rivet Takes MI-08; Other Congressional News

Charlotte Republican Tom Barrett has defeated Curtis Hertel, an East Lansing Democrat, in mid-Michigan’s 7th Congressional district, and Sen. Kristen McDonald Rivet (D-Bay City) downed three-time...

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Republicans Win 58-52 House Majority

Republican Representative-Elects Steve Frisbie, Ron Robinson, Rylee Linting and Karl Bohnak have unseated four House Democrats in key competitive seats, giving Republicans at least 58 seats in the...

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Election Insights

By Brian Calley, SBAM President & CEO While elections in Michigan have been close in the past, never in my 47 years have I seen such intense focus on Michigan at the national level. In terms of...

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Legal Webinar Recap: Succession Planning for Small Businesses 

Recently, SBAM hosted an insightful webinar on succession planning, in collaboration with our legal services partner, Mavacy. This session marked the third in a series of four webinars designed to...

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