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The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
Applying for a first-time small business loan can provide the capital needed for a business to grow and thrive. It can give you the runway to build or expand your business without tying up large ...
Key takeaways. The majority of new businesses need financing to cover operating expenses or expansion. Getting a loan for a new company can be difficult as lenders consider new businesses higher risk.
Applying for a business acquisition loan When you’re ready to apply for a loan to buy a business, follow these steps to help make the process more seamless: 1.
The department is led by the Secretary of State of Michigan, a constitutional executive officer elected on a partisan ballot every four years alongside gubernatorial elections. The office is currently held by Jocelyn Benson of the Democratic Party , first elected in 2018 .
A business license is an official permit issued by a government agency that allows an individual or company to conduct business within the government’s jurisdiction. In Iran, businesses must obtain specific licenses to ensure compliance with regulations and local laws.
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