Purchasing a business involves considerable personal, professional and financial investment. For those considering a business transaction, it is important to know that academics and researchers highlight a discouraging trend for failed mergers and acquisitions. It’s sad, but true –— not all M&As are winners. However, the risks and surprises associated with the purchase of a … [More]
The Secret Weapon in Preventing Buyer’s Remorse
Quantitative and qualitative procedures of financial due diligence
NLRB’s New ‘Joint Employment’ Rule Will Apply to More Franchise Relationships
Rule expands responsibilities
Franchise agreements have long been recognized as independent contractor agreements where a franchisor licenses its trademarks and business format systems to third-party franchisees — who each operate independent businesses using the trademarks and systems subject to the terms of the contract between them. This independent contractor model is favored by both franchisors and … [More]
Maintaining Stakeholder Relationships during Leadership Change
The importance of constituent communication
Employee turnover is nothing new in the workplace, but it presents an even greater challenge for nonprofits. The Society for Human Resource Management reports the voluntary turnover rate for nonprofits at 19%, compared to 12% in the overall labor market. When nonprofits lose leadership positions, far more is at stake than the simple loss of personnel. Too much turnover can … [More]
What Is the Future Shape of Work?
Data shows trajectories of hybrid, remote and blended models
The study recently released by Adzuna, the smarter job search engine, unveiled insights into the trajectories of hybrid and remote work. The data shows that the proportion of new jobs posted for both hybrid and in-office positions is gradually increasing, although remote work positions are still dominating advertised vacancies. The proportion of advertised roles specifying … [More]
Believe a Buddy – the Affirmation Teddy Bear
Believe a Buddy is an interactive, powerful affirmation teddy bear that helps children believe in themselves; it gives children the power to change their negative thinking patterns and teaches them to speak positive affirmations and build self-esteem. Believe a Buddy inspires children to start their day with intention. The affirmation cards can be pulled daily in the house … [More]
TouchPoint Solution for a Wearable BLAST of Stress Relief
The TouchPoint Solution was founded in 2015 with the mission to bring relief to the millions of people who suffer from stress and anxiety. The wearable device incorporates BLAST® Technology and AI, which makes it the world’s first AI-driven stress relief device. The TouchPoint Solution took the world by storm when it unveiled its proprietary BLAST (bi-lateral alternating … [More]
2024 Interior Design Trends
The last few years have us feeling all kinds of things. As designers of the built world, we have an innate responsibility to recognize cultural impacts and plan to help alleviate them the best we can. Some of the ways we do that have infiltrated the mainstream, like biophilic design and sustainability. However, there is a type of design that we feel is the basepoint of all of … [More]
West Valley Retail: A Booming Market
With communities like Peoria, Surprise, Buckeye and Goodyear ranking among the fastest-growing cities in Arizona, the West Valley now boasts a population of approximately 1.7 million residents, booming employment opportunities along the Loop 303 and a retail market that has come into its own. Retailers of all types are taking big steps to serve this very underserved trade … [More]
182,610 SF Industrial Project Planned for Phoenix’s West Valley
Echo Real Estate Capital, Inc. recently acquired a fully entitled ±11.65-acre industrial development site at 132nd Avenue and Peoria Avenue in Surprise, Arizona, where it plans to build “Echo Park @ P132,” four new single-tenant industrial buildings totaling 182,610 square feet. Echo purchased the land for approximately $7.1 million in Phoenix’s expanding West Valley. The … [More]
603,000 SF Industrial Project Planned for Mesa
Martens Development Company recently acquired a shovel-ready site at the southwest corner of Ellsworth and Willis roads in Mesa, Arizona, for an industrial project. This sale of ±44 acres accounts for the first phase of the project and the second phase accounts for an additional ±17 acres. In the first phase, Martens plans to build a new, seven-building ±603,000-square-foot … [More]
Sundance Park Phase II Opens in Buckeye
Phase II was recently completed at Sundance Park, located at 22865 Lower Buckeye Rd., adding 38 acres to what is now 68 acres in total and features Buckeye’s first public fishing lake — 3.2 acres and 14 feet deep — which will be stocked with catfish, bluegill, bass and rainbow trout. “This project is a testament to Buckeye’s dedication to creating a vibrant, healthy … [More]
Greenlight Breaks Ground on Workforce Rental Housing in North Phoenix
Greenlight Communities, the trailblazing Scottsdale-based real-estate developer dedicated to constructing attainable workforce rental housing, recently broke ground on its 14th property, located at 33455 N. North Valley Parkway in Phoenix in the I-17 employment corridor and near the upcoming $40-billion TSMC facility and campus. The community, set to commence leasing in … [More]
Developer Brian Frakes Builds Brick-&-Mortar Community in an Evolving Retail World
And he leads Common Bond into an all-new field with The Global Ambassador
Not long after graduating from University of Arizona, Brian Frakes landed a dream job for any aspiring commercial real estate developer. The year was 1999, and he’d accepted a position as a development manager for Westcor, then the state’s premier shopping mall developer and famed for building some of the biggest, most profitable shopping malls in the nation. Frakes was clearly … [More]
Intel Hits Semiconductor Milestone
And the ripple effect continues to spread
Intel, a cornerstone of the U.S. semiconductor industry, recently achieved a significant milestone in its expansion project at the Ocotillo campus in Chandler, Arizona. This progress marks a vital step in reinforcing the United States’ leading position in the global semiconductor market. Intel’s Chandler site has been instrumental for Arizona’s technological growth for more … [More]
Arizona’s Semiconductor Growth Fuels Broader Tech and Healthcare Innovation
Semiconductors are the backbone of modern technology, playing a crucial role in everything from smartphones to advanced medical devices and even smart home appliances. Arizona’s semiconductor industry is driving advancements in more than just manufacturing technology, creating fertile ground for other technology-driven sectors and broader implications. Due to the proximity … [More]
Ultra Clean Technology Grand Opening in Chandler
Ultra Clean Holdings, Inc. is headquartered in Hayward, California, and is a renowned developer and supplier of critical subsystems, components and parts. Recently, its Products Division celebrated the grand opening of its new state-of-the-art manufacturing facility, consolidating six legacy buildings into a sprawling 142,000-square-foot space in Chandler, Arizona. UCT’s CEO … [More]
3 Effective Tactics for Business Professionals to Stay Healthy during the Holiday Season
As we approach the year-end, holiday parties and charity galas can often lead to a buffet of temptations for entrepreneurs and business professionals alike. Navigating holiday feasts without compromising our waistline or wellness goals becomes a unique challenge. Here are some tailored strategies to ensure that decision-makers stay sharp, physically and mentally, throughout the … [More]
Addressing the Healthcare Staffing Shortage through Better Technology
Arizona desperately needs more nurses. Arizona ranks among the top five states with the most severe healthcare staffing shortages, with the demand for specialized nurses in Arizona projected to increase by 23% by 2025. The U.S. Bureau of Labor Statistics estimates 195,400 openings for registered nurses in the state from 2021 to 2031. Hospitals struggle to meet the demand … [More]
