REGION - If you've been in business for any length of time, you've probably had a few clients who have impacted your bottom line-but not in the good way. Customers who are slow to pay, or even don't pay, are a risk if you offer...
Financial executives must continuously balance the cost of doing business with the risk of doing business. Each time a dollar of revenue is produced, all costs of generating that dollar have been thoroughly analyzed in an effort to maximize the profit margin, including costs associated...
STATE - Legislators are back to work again to try to find an answer to Michigan's revenue crisis. Because the six percent tax on dozens of Michigan services ignited widespread opposition, debate still continues in the hopes of resolving the state deficit.However,...
TRAVERSE CITY - After some 15 months of construction, the new Bank of Northern Michigan building at the corner of Union and State streets is set to open its doors Dec. 10. The $4 million new banking facility includes three floors and 15,000 square feet...
REGION - While downtown Traverse City sidewalks are packed during the summer months, a recent survey by the Traverse City Business News shows strong support of the downtown area by people who make their living here year-round. In fact, downtown is capturing a significant chunk...
TRAVERSE CITY - Approximately 157 students are expected to graduate this month from Northwestern Michigan College. While many of these students will move on to jobs in big cities like Detroit, Chicago, or Boston, the Traverse City Area Chamber is striving to see that...
REGION - In this age of political correctness, when a co-worker says "bless you" on the job, it's customary to assume someone must have sneezed.That is unless the co-worker is one of a slew of local professionals who have made it their business to represent...
When you hit the slopes at Crystal Mountain this winter, you'll see plenty of skiers and snowboarders. But one thing you won't see in any of the slope-side lodges or restaurants are smokers. The Benzie County resort has gone completely smoke-free in all buildings. The...
TRAVERSE CITY - New York has Soho. Portland boasts the Pearl District. Chicago lays claim to Lincoln Park.Traverse City, meanwhile, has its own emerging trendy neighborhood in...
Downtown Traverse City is home to more than a dozen businesses that opened their doors more than a quarter of a century ago or longer. They have seen other businesses come and go, either out of downtown or out of business altogether. They have weathered...
