The future is female. That phrase has been a popular one over the past several years, in reference to everything from politics to entertainment. It could also be accurately applied to Traverse City, where women are growing their presence in the local business community in exciting...
Sky-high materials costs. Severe labor shortages. Massive demand for residential real estate, without the inventory to back it up. Historically low interest rates. An ever-growing need for affordable housing. These are just a few of the factors that are making 2021 an unprecedented and unpredictable period...
A successful, lifelong business now in transition to the next generation: It's a familiar tale with many risks and opportunities. What does it take to assume the reins at a beloved family business? The answer can be different for young leaders, and especially for women....
In a typical year, summer is peak hiring time in northern Michigan with more jobs available than there are workers to fill them. Indeed, in recent years, many local employers have begun relying on non-local labor – ranging from college students to foreign workers –...
What if your car insurance premium changed every month depending on how often you were driving, or as a result of how safely you were performing behind the wheel? According to David Ford of Traverse City’s Ford Insurance Agency, that kind of possibility isn’t so far...
Just a year ago, telehealth was a niche service. Indeed, Jesse Wolff – who last year was the managing director of the HealthSpark health-tech incubator at 20Fathoms – said that 85% of hospitals had “some kind of telehealth platform,” up from 35% a decade previous in...
Though the chips may have been down, charitable giving was up in 2020. According to the Association of Fundraising Professionals (AFP), charitable giving was up 7.5% in the first six months of 2020, compared to the same span in 2019. That increase came during a time...
A Traverse City-based business incubator has announced a new program to foster startups in the exploding telehealth and digital health sectors – an effort that could benefit the northern Michigan economy and its small businesses. HealthSpark, the health-tech program that launched at 20Fathoms in 2019, has rolled out...
Record December 2020 home sales in the Grand Traverse area tipped total sales figures over $1 billion, setting records for both number of homes sold in a single year (3,455 homes) and total single-year sales value ($1,220, 513,667). Factors like people relocating to northern Michigan and...
Sure, over the years there was the occasional entrepreneur who relocated his/her family and small business to Traverse City. But today, that trickle has become a wave: From insurance agencies to aerospace innovators, companies and professionals are streaming into northern Michigan. And it's not by accident. There's...
