Over the next 5–10 years, the grant consulting industry is expected to experience significant growth, fueled by funders’ increasing focus on equity, measurable impact and strategic capacity-building. Since 2020, more than $16.8 billion has been committed to racial equity initiatives, reflecting a sector-wide shift toward more outcomes-driven and inclusive funding strategies … [More]
Customer Loyalty Management Is a Must
On the critical importance of service marketing to be competitive
In today’s hyper-competitive marketplace, customer loyalty management is no longer a luxury — it is a necessity for every firm. As markets become increasingly saturated and products become harder to differentiate, businesses must shift their focus from customer acquisition to the deliberate cultivation of long-term customer relationships. Service marketing plays a central role … [More]
The Importance of Business and Community Resources for Small Businesses
Small businesses face numerous challenges, from financial struggles to competition and market fluctuations. During tough times, having access to business and community resources can be the difference between failure and survival and even growth. These resources provide essential support, helping entrepreneurs navigate obstacles and scale their businesses toward … [More]
Boosting Business Value: What Buyers Really Look For
For many business owners, exiting their company is a once-in-a-lifetime event — yet far too few prepare for it early enough to maximize value. Whether you’re planning to sell soon or simply want to build a stronger company, understanding what buyers look for is essential to achieving a successful transition. Key Value Drivers Buyers are most focused on profitability, … [More]
Automation and Efficiency, The Perfect Match
Small Business Advertising & SIMPLI.FI (simpli.fi): Whether you’re a local boutique owner, a neighborhood coffee shop guru or a hopeful entrepreneur turning ideas into reality, we understand the journey small business owners go through. Running a small business means wearing multiple hats, from CEO to marketer to customer service rep. It’s exhilarating, but let’s face it — … [More]
Year-End Insurance Considerations for Small Business Owners
As the year winds down, the fourth quarter brings not only the busy holiday season but, for business owners, busy year-end tasks. If you offer health insurance coverage to your employees, you’re likely going through your annual open enrollment process and preparing for 2025 changes. Below, find a few things to be aware of as you work through these year-end tasks and prepare … [More]
The Corporate Transparency Act
When people hear about the “Corporate Transparency Act,” the first two questions tend to be “What is that?” and “What do I have to do?” What is it? The Corporate Transparency Act became effective on January 1, 2024. Under this law, all required companies are subject to new reporting requirements. Specifically, private companies that meet the CTA criteria of a “Reporting … [More]
ElevateEdAZ: Bridging Education and Workforce through Work-Based Learning
ElevateEdAZ, the education initiative of the Greater Phoenix Chamber Foundation, has prepared Arizona students for college and career success since its launch in 2020. By fostering stronger alignment between education, business and the community, ElevateEdAZ partners with companies in high-demand, high-wage industries to provide students with work-based learning opportunities … [More]
Trucking One Stop: Arizona’s Ultimate Trucking Resource
The trucking industry faces a growing challenge that could ripple across the U.S. economy. With an 80,000-driver shortage — expected to double to 160,000 by 2030 — the demand for goods is climbing while the workforce responsible for delivering them is shrinking. Strict medical regulations, including vision and blood pressure checks, make it difficult for older drivers to stay … [More]
The Power of Mediation for Resolving Business Disputes
As a business owner or entrepreneur, you may find conflicts and disputes an inevitable part of doing business. Whether it is a disagreement with a vendor, customer or even a business partner, these conflicts can quickly escalate and damage valuable relationships if not resolved properly. This is where mediation can be an invaluable tool in your arsenal. What Is … [More]
Raise Your Level of Excellence
Achieving success in life, business, sports, et cetera is about mastering excellence. Success is about commitment, persistence, skill, confidence and execution. Vince Lombardi was quoted as saying, “The quality of a person’s life is in direct proportion to their commitment to excellence, regardless of their chosen field or endeavor.” So, no matter what your chosen field or … [More]
New Marketing Insights: Leveraging In-Person Events and Emerging Trends for Small Business Growth
In an ever-evolving marketplace, small businesses must stay abreast of new marketing strategies to remain competitive and relevant. One effective approach that has stood the test of time, despite the rise of digital marketing, is the power of in-person events. Coupled with emerging marketing trends, these strategies can create a robust platform for business growth and community … [More]
Unleashing Small Business Potential: The Transformative Power of AI
In the dynamic landscape of small businesses, efficiency is paramount. In this pursuit, Artificial Intelligence emerges as a beacon of innovation, offering small businesses the means to streamline operations and drive growth. While off-the-shelf AI solutions provide a solid foundation, bespoke AI tools tailored to specific business needs can truly propel businesses … [More]
Boost Your Dispute Resolution Process: Smart Tips for Drafting Arbitration Clauses
Small businesses often enter into contracts with other commercial parties that include an arbitration clause because arbitration offers speed, efficiency, confidentiality, flexibility and finality to resolve disputes and preserve client relationships. An arbitration clause typically specifies that a dispute arising from the contract will be resolved through binding arbitration … [More]
Safety from the Workplace to Anyplace: How the Arizona Chapter National Safety Council Supports Small Businesses
For small businesses navigating the daily challenges of safety in the workplace, the Arizona Chapter National Safety Council is a powerful partner. This mission-driven organization goes beyond compliance, striving to instill a culture of safety that safeguards everyone — both employees and customers — from preventable injuries and deaths. By partnering with ACNSC, companies … [More]
FTC Final Rule Prohibits Employer-Worker Non-Compete Agreements
The recent announcement by the Federal Trade Commission regarding the prohibition of non-compete agreements between employers and workers nationwide marks a significant shift in employment law. This final rule issued by the FTC on April 23, 2024, aims to safeguard workers’ rights and foster worker mobility across the United States. Traditionally, the legality and … [More]
Empowering Small Businesses and Nonprofits to Thrive
Starting, running and growing a business and/or nonprofit is no small task. In a rapidly evolving business landscape, Lucero Consulting Group remains committed to empowering organizations and individuals to not only survive but thrive. With a commitment to equity, inclusivity and tangible outcomes, LCG is your partner in realizing your vision and building a lasting … [More]
Maximizing Employee Benefits
Maximizing Employee Benefits: The Benefits of Including a 401(k) Enrollment Meeting with Annual Benefit Open Enrollment
As the annual benefits open enrollment season rolls around, employers have an opportunity to empower their employees to make more informed decisions about their financial future. While health insurance and other employee benefits may take center stage during this time, it's essential to not overlook the importance of including a 401(k)-enrollment meeting as part of the process. … [More]
