It was recently noted that a major company headquartered in Detroit hired forty-two marketing summer interns, and boasted these hires in a group picture as shared on social media by one of its leaders. While it’s great that these students will gain real-life experiences in their field of study and interest, there was a blatant…
While the city and state are entering in Phase 5 of its reopening, it’s not a secret one of the unfortunate side-effects of COVID-19 is the negative impact on the economy – especially small businesses. According to published reports, 100,000 small business permanently closed in the eight weeks beginning in mid-March. Many businesses have been…
Small Business Workshop Becomes Free Online Series Sixth Annual Event Returns to Detroit as a Series June 17th A new study by economists at the University of Illinois, Harvard Business School, Harvard University and the University of Chicago projects that more than 100,000 small businesses have permanently closed since the coronavirus pandemic was declared in March, the Washington…
By Mark S. Lee and David Girodat The COVID-19 crisis has created both health and financial challenges for many families and businesses. Unlike past economic downturns, the tumult occurred abruptly, bringing hardship to many industries simultaneously. For example, recent reports indicate 100,000 small business have permanently closed since the pandemic hit in March while others…
