Tuesday, December 30, 2014

Looking Up, With Good Reason! Detroit Regional Chamber’s 2014 “Year in Review”

The Detroit Regional Chamber recently released its Year in Review report, highlighting the work it has done in 2014 to help rejuvenate and renew the Detroit landscape. 

From DetroitChamber.com
Attracting Business and Investment from Around the World
In 2014, the Chamber took four trade missions to China, Germany and Italy to showcase the Detroit region.   The chamber also participated in 14 tradeshows/conferences, took nine domestic site consultant marketing trips, and hosted 11 delegations from across the world.

According to the Chamber, since 2012, they have contributed to the generation of over 900 jobs and $132.1 million in investment.

April’s Trade Mission Success
In April, the Chamber joined the Michigan Economic Development Corporation (MEDC) and Governor Rick Snyder.  The 7-day trip allowed for the announcement of 325 new jobs and $37.85 million in investment.

From DetroitChamber.com

The Grand Bargain
The historic Grand Bargain legislation in June helped bring Detroit out of bankruptcy.  The Chamber advocated for passage of the legislation, which protected pensioners and ensured the Detroit Institute of Arts’ collection would remain intact.

Reforming the Personal Property Tax
The Chamber led the way for the support of Proposal 1 during the August primary election.  The elimination of the Personal Property Tax is estimated to create an additional 15,000 jobs and generate $450 million in investment for the state.  This proposal allowed for the phasing out of personal property taxes that small businesses pay on office equipment and manufacturers pay on industrial equipment.

As a Future Entrepreneur, It’s Time to Look Up
The Detroit region hit rock bottom in recent years, but the future is bright.  The Detroit Regional Chamber has done great work to get the area pointed in the right direction.   Click here to read more about the Chamber’s Year in Review.  

As the old saying goes “Buy Low, Sell High,” this is your time to buy.  The Chamber is one of many entities working to bring companies, jobs, and money into the area – which means future customers for a potential business that you may want to start.

Bring a Franchise to the Area
Just as companies are looking to relocate to the area, you can relocate a proven business concept to the Motor City.  FranNet can introduce you to franchise business concepts that are just waiting to enter or expand in the market.  Although part of a franchise system, YOU are the LOCAL owner of your own the company, operating under license with the franchisor.

Let me introduce you to franchising at a FREE seminar on January 15, 2015 in Troy, MI.  “Franchising as a Career, an Investment, or Both” gives an overview that talks about entrepreneurship, franchising vs. starting a business from scratch, various industry categories, and how FranNet’s no-fee, no-obligation consulting service can match you with a company that fits your lifestyle needs and goals.

For more information, please visit http://michiganfranchiseforum.com/local.html.  You can also contact me directly at 313-821-5060 or mcory@frannet.com.

As a future entrepreneur, there is good reason to have a positive outlook.  Detroit is ready, are you?



SOURCES
Detroit Regional Chamber “2014 Year in Review”

Michigan 2014 Primary: Proposal 1 passes, personal property tax phase out will proceed



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