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Great Lakes Wire

Tuesday, October 21, 2025

Small Business Association of Michigan briefing covers rate cuts, housing, visa fees, and compliance

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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

The Small Business Association of Michigan hosted its latest Small Business Briefing, focusing on recent issues affecting small businesses in the state. The session discussed the Federal Reserve's decision to cut interest rates and examined how these changes could influence borrowing conditions for small business owners.

Ashley MacLeod from Great Lakes Housing Services joined the briefing to address workforce housing challenges. She outlined potential solutions and provided information about the Employer Assisted Housing Fund, including how employers can access this resource.

The briefing also covered new federal policies impacting employers, such as a $100,000 application fee for H-1B visas. Presenters discussed what this change means for businesses that rely on skilled foreign workers.

Compliance with Michigan’s Earned Sick Time Act was another topic of discussion. Resources and requirements were reviewed to help employers meet legal obligations related to employee sick leave.

Finally, the event highlighted developments in the upcoming 2026 Michigan gubernatorial race and introduced a candidate series aimed at informing small business stakeholders about those seeking office.

For more news and resources relevant to Michigan’s small business community, additional information is available through the Small Business Association of Michigan’s website.

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