6 Milestones Every Small Business Should Strive to Accomplish

by Edgar R. Olivo

Roughly half of all small businesses in the United States fail within their first five years, often before they have had a chance to hit key business milestones. A milestone is a key event or action in a project or business journey that marks a significant stage of progress. Milestones are not random goals or tasks that you are unlikely to reach. They are key points or … [More]

EN NEGOCIOS: 6 hitos que toda pequeña empresa debe esforzarse por lograr por Edgar R. Olivo

por Edgar R. Olivo

Aproximadamente la mitad de todas las pequeñas empresas en los Estados Unidos fracasan dentro de sus primeros cinco años, a menudo antes de que hayan tenido la oportunidad de alcanzar hitos empresariales clave. Un hito es un evento o acción clave en un proyecto o viaje comercial que marca una etapa significativa de progreso. Los hitos no son objetivos o tareas aleatorias que … [More]

6 Things Every CEO Needs to Know about Branding to Better Manage the Human Side of Business

by Jane Cavalier

We live in an upside world where the old rules no longer apply. Many call it a VUCA world – volatile, uncertain, complex and ambiguous. Mass consumerism has been replaced by a new consumption paradigm as people are driven by new essentialism where things matter less and relationships, experiences and self-being dominate all. In this new world, workers are restless, customers … [More]

SRP is First to Receive Battery Electric Truck

inbusinessPHX.com

SRP recently received a Kenworth K270E battery electric vehicle, a first-of-its-kind electric truck. “SRP has a major focus on sustainability and remains steadfast in its objectives to improve EV adoption inside and outside our organization,” said Brendan King, manager of SRP’s transportation services engineering operations. “Our goals associated with using Kenworth’s new … [More]

Local Restaurant Owner Shares How He Competes in Tight Labor Market

inbusinessPHX.com

The labor market right now is tight, particularly in the hospitality industry, and it’s tough to attract talent. But unlike most other smaller restaurateurs, the CEO of Ling’s Wok Shop and Ling and Louie’s Asian Bar and Grill plans to grow with a multi-pronged strategy based on giving back to the community. This will include traditional recruitment, opportunities for growth and … [More]

States with the Highest Job Resignation Rates, Arizona Is #3

inbusinessPHX.com

With Americans quitting their jobs at record rates during the so-called “Great Resignation,” WalletHub  released its report on 2022’s States With the Highest Job Resignation Rates, along with accompanying videos and expert commentary. WalletHub ranked the 50 states and the District of Columbia based on how frequently people are leaving their places of employment. Below, you … [More]

ASU Research Park Announces Viasat South Campus Expansion

inbusinessPHX.com

Arizona State University Research Park, Inc. announced that Viasat Inc., a leading global communications company, is expanding its current footprint at the 324-acre ASU Research Park to accommodate the company’s future growth projections. Viasat, a global communications company that provides high-speed satellite broadband services and secure networking systems, employs more … [More]

Opendoor Expands Presence In Arizona With Creation of Regional Hub In Tempe

inbusinessPHX.com

Opendoor, a leading digital platform for residential real estate, is doubling down on its commitment to Arizona, opening a 100,807-square-foot space in Tempe to serve as the company’s regional hub. The space is the company’s largest office, supporting over 500 jobs. “Opendoor’s substantial investment proves once again Arizona is the best place in the country for technology … [More]

Feeling Inflation Pressures? Industry-Specific Small Business Economic Trends Survey Released

NFIB

The NFIB Research Center today released an industry-specific Small Business Economic Trends report highlighting the construction, manufacturing, retail, and services industries. The overall Optimism Index for small businesses in April was 93.2. “The construction and manufacturing industries are especially feeling the impact of inflation pressures,” said Holly Wade, … [More]

Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

inbusinessPHX.com

Lucid Group, Inc., setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today hosted a ceremonial signing event to mark the February 2022 agreements with the Ministry of Investment of Saudi Arabia ("MISA"), the Saudi Industrial Development Fund ("SIDF"), Emaar, The Economic City, at King Abdullah Economic … [More]

Bank Devoted to Helping Small Business Obtains State of Arizona Conditional Approval

inbusinessPHX.com

Integro Bank (In Organization) announced that it obtained conditional approval from the State of Arizona Department of Insurance and Financial Services to open a new bank devoted to helping small businesses. Among the conditions for opening the bank is a requirement to raise a minimum of $27.9 million in capital and for the bank to obtain regulatory approval from the Federal … [More]

Universal Technical Institute Opening Its Campuses to High School Juniors Interested in Automotive Technician Training

inbusinessPHX.com

As part of its ongoing effort to address workforce need for skilled transportation technicians, Universal Technical Institute is bringing its three-week Ignite program back to full capacity at its UTI campuses nationwide this summer. The program, which is free to high school juniors, offers students an introduction to the training they'll need to prepare to enter the workforce … [More]

Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year

Redfin

Nationwide, 60.7% of home offers written by Redfin agents encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 63.4% a month earlier and 67.4% a year earlier, and marks the second-consecutive monthly … [More]

How Digital Transformation Is Changing Project Management: 4 Things to Know

inbusinessPHX.com

The COVID-19 pandemic has revealed how important it is for businesses to adopt digital processes. Many companies closed largely because they didn’t digitize, but for other firms, the pandemic accelerated their digital transformation. In the midst of this massive change, project management’s role has shifted but remains  crucial to helping improve overall efficiency and … [More]

Arizona Wheel Co. Partners to Create a New Reality for the Wheelchair Industry

inbusinessPHX.com

Vapor Wheels, a brand-new wheelchair wheel company based in Arizona has officially announced the launch of its first OEM partnership with 360 Fabrications,a growing wheelchair company located in the UK that specializes in building active day chairs, basketball chairs, tennis chairs and fencing chairs. Arizona is home to several fast-growing technology industries, and much like … [More]

Grant Continues ‘Healthy Homes’ Program, Helps Alleviate Heat Hazards as Temps Rise

inbusinessPHX.com

Temperatures are starting to heat up and a local nonprofit organization is making sure vulnerable people at risk have help to stay healthy and cool. With a grant from Arizona Public Service (APS), FSL will continue the Healthy Homes Air Conditioning Program into its second year.  SRP is also a funding partner in this program. “We’re so grateful to APS for its support to … [More]

Black Rock Coffee Bar Continues to Expand Arizona Footprint

inbusinessPHX.com

Black Rock Coffee Bar continues to expand its footprint in the state of Arizona with the opening of its fifth store in Mesa and 27th in the state. Black Rock has launched three stores in Arizona this year and 12 in Arizona since the beginning of 2021. Opening on May 20th, the 2,000-square-foot store is located at 5247 South Ellsworth Road between E. Prairie Ave and E. … [More]

Phoenix-Based Property Tech Co. Raises Additional $50M to Accelerate Growth

inbusinessPHX.com

Stoa USA Inc., the company that launched the FlipOS platform for professional single-family home investors, announced it raised an additional $50 million equity round to finance expansion of its property technology. The funding from Zeev Ventures allows FlipOS to accelerate its mission to close the housing gap in the U.S. The team plans to partner with more real estate … [More]

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