BMW Motorcycles of Southeast Michigan plans to relocate to a longtime vacant former restaurant building in Livonia and, according to dealership President Charlie Knoll, create the largest independent ...

A bank loan is one option for businesses wanting to expand. Find out some of the advantages and disadvantages of a bank loan for small businesses.

A single-use plan, otherwise known as a specific plan, is used for nonrecurring, one-time situations in business. A single-use plan is meant to solve one particular problem and then be discarded.

» MORE: Business banking mandates Changing from a sole trader to a limited company bank account. There are some instances in which you won’t be able to change the name on your business account.