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August 2012 Archives

ePrize acquired by Connecticut-based equity firm

Catterton Partners, a Connecticut-based private equity firm whose capital totals approximately $2.5 billion, has recently acquired the promotions company, ePrize. The acquisition, according to the CEO, puts the company in a better position for future acquisitions and product expansion.

Merging business and personal credit can be risky

Like consumers, businesses in Michigan cannot always afford to make all of their purchases in cash. Just as individuals might turn to their credit cards come the holiday season, businesses may also rely on credit to keep things going. A small-business credit card is often a smart solution.

IRS offers tips to new business owners

Starting a business can be a challenging endeavor. There are many pitfalls on the path to success, and many startups suffer down the road from mistakes made early on. The IRS, via various financial publications nationwide, regularly releases information to help new business owners avoid certain fatal errors.

Discrimination investigation to be launched in Dearborn

The Congress of Arab American Organizations of Michigan (CAAO) has launched an investigation in response to complaints made by Arab-Americans of discriminatory hiring practices on the part of the city of Dearborn. The CAAO, together with the American-Arab Anti-Discrimination Committee and the Arab American Political Action Committee, are gathering testimony from local residents concerning their experiences with the city's hiring process.

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