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Utilizing an Advisory Board to Guide Your Business

By Mike Semanco, President, Hennessey Capital The importance of an advisory board to an entrepreneur and business owner is invaluable.  Entrepreneurs thrive on developing ideas, products and strategies...

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Effective Networking: Do’s & Don’ts

By Mike Semanco, President, Hennessey Capital The key is just showing up.  This rings true in daily life events as well as networking.  Networking can be stressful to some and to others it is like...

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Commercial Finance Association Conference Recap

By Mike Semanco, President, Hennessey Capital For those professionals involved with the commercial finance industry, the place to be in mid October this year was at our annual conference in downtown...

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Accessing Capital When Traditional Credit is Constrained

By Mike Semanco, President, Hennessey Capital What is a borrower to do?  Although the traditional credit market is showing signs of life, businesses are still facing a challenging credit market.  Hard...

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Consider the Total Cost of Foreign vs Domestic Production

By Mike Semanco, President, Hennessey Capital One question that I see coming up a lot in the business industry is whether a company is better off outsourcing its production overseas or keeping that...

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The Hennessey Capital Team Shares Their Favorite Online Resources

In a mobile world with millions of website at our fingertips,  many of which have overlapping uses, it’s hard to weed out the weaker sites and find the ones that are most useful for you. So, Hennessey...

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Entrepreneurial energy is heating up

After several years of survival, many entrepreneurs have found new energy and are getting back to business.  Tired of putting out fires and sitting on their hands, business owners are eager to do...

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What It Means to be an Entrepreneur

By Mike Semanco, President, Hennessey Capital Entre-pre-neur (Ahn-truh-pruh-newer) n. a person who organizes and manages a business undertaking, assuming the risk for the sake of profit.  From the...

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Innovation on the Island: Thoughts from the Mackinac Policy Conference

By Mike Semanco, President, Hennessey Capital In addition to collaboration and the 21st century global market, innovation is one three pillars of focus at this year's Mackinac Policy Conference, hosted...

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Planes, Trains, and Automobiles of Running a Business

As Hennessey Capital celebrates its 10th anniversary, we’ll be featuring posts by members of the staff, each looking back at the past and looking forward to the future. Steve Martin and John Candy had...

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