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Great Lakes Wire

Wednesday, January 29, 2025

Small business briefing addresses key issues impacting Michigan entrepreneurs

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Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

In a recent Small Business Briefing, Brian Calley and Sarah Miller addressed several pressing issues impacting small businesses. Among the topics discussed was Blue Cross Blue Shield's cost containment efforts led by their new CEO, Tricia Keith. These initiatives focus on controlling administrative and pharmaceutical costs while implementing performance-based contracts with providers.

The briefing also covered updates on the Earned Sick Time Act (ESTA), specifically House Bills 4001 and 4002. These bills have garnered bipartisan support but are encountering challenges in the Senate.

Another significant topic was the Corporate Transparency Act (CTA) and its ongoing legal battles concerning compliance requirements.

Michigan's unemployment rate has reached 5%, marking the highest level since 2021. On a more positive note, college enrollment is showing an upward trend with a 3% increase, particularly in community colleges.

The discussion also touched upon tariffs and trade, focusing on the President’s actions regarding tariffs and their implications for businesses.

Looking ahead to the 2026 gubernatorial race in Michigan, potential candidates include Jocelyn Benson, Sheriff Swanson, and Mayor Mike Duggan.

The briefing provided valuable insights into these developments affecting small businesses in Michigan.

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