5 Questions to Help Small Business Owners Do Market Research

by Edgar R. Olivo

When you are starting a business, getting to know your customers is one of the most important things you need to do. Without this fundamental knowledge, creating marketing plans will become difficult and your sales projections will always be off. Having a gut feeling about your market will only bring you more headaches. Instead, strive to challenge your assumptions with data … [More]

Waymo Seeking Testers for Downtown Phoenix Trusted Tester Program

inbusinessPHX.com

Waymo is taking the next step in their multi-geo operations and launching the Waymo One Trusted Tester program in Downtown Phoenix. This marks the third area, in addition to the Phoenix East Valley and San Francisco, where we’ll be providing rides to members of the public with our autonomous ride-hailing service. A few refreshers on the Trusted Tester program and how it will … [More]

Super Bowl Host Committee Names Local Sponsors

inbusinessPHX.com

The Arizona Super Bowl Host Committee today announced Avnet, Ak-Chin and Gila River Indian Communities as Official Partners. The partners each share the vision of the Arizona Super Bowl Host Committee in delivering a premiere experience and creating lasting social and economic impact across local communities. Each partnership will elevate the Super Bowl LVII experience in … [More]

Phoenix-Based Manufacturing Group Acquires ‘Fun Accessory’ Co. from Scottsdale

inbusinessPHX.com

Creative Brands of Phoenix, AZ has acquired the Pomchies LLC of Scottsdale, AZ. “We are very pleased to have a new strategic partner who will share our vision for Pomchies and help us grow our business in the future. This team is well versed with the needs of our industry and can help strengthen our marketing position across all channels of distribution,” said Heather … [More]

evolvedMD Raises $5.4M to Integrate Behavioral Health Support into Primary Care

inbusinessPHX.com

evolvedMD, the market leader in delivering integrated Psychiatric Collaborative Care Management (CoCM) services in primary care, has raised a $5.4 million Series A round of financing led by Waterline Ventures and Conductive Ventures. Operating under the philosophy of "Behavioral Health for All," evolvedMD's model integrates behavioral health services on-site with healthcare … [More]

WEBINAR – May 11: Building a Better America – A Small Business Resource Community

U.S. Small Business Administration

The U.S. Small Business Administration (SBA) and Public Private Strategies Institute (PPSI) will host a webinar as part of their Building a Better America: A Small Business Resource Community (BBA Resource Community) series. The goal of this webinar will be to connect small businesses with critical resources and information about the Biden-Harris Administration’s policy … [More]

Fast-Growing Ad Agency Makes Changes at the Top

inbusinessPHX.com

OH Partners, one of the fastest growing advertising and digital marketing agencies in the country, announces today a shift in leadership. Co-Founder Scott Harkey is now the sole owner of OH Partners and will resume the role of Chief Executive Officer. Harkey co-founded the Inc. 500/5000 company with Matt Owens’ in 2008. Owens left the company earlier this year. In … [More]

U.S. Mortgage Delinquencies Continue to Fall in February, Says Report

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for February 2022. For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point … [More]

Small Business Expectations for Better Business Conditions at Record 48-Year Low

NFIB

The NFIB Small Business Optimism Index was unchanged in April, remaining at 93.2 and the fourth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased one point to a net negative 50%, the lowest level recorded in the 48-year-old survey. Inflation continues to be a problem for … [More]

April Housing Report: Inventory Readies to Rebound

Realtor.com

In April, the U.S. supply of active listings posted the smallest year-over-year decline (-12.2%) since the end of 2019, led by gains in the share of mid-sized homes New data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year declines (-12.2%) since December 2019, according to the Realtor.com® … [More]

Carvana Acquires Auction Co. to Further Growth

inbusinessPHX.com

Carvana, the leading e-commerce brand for buying and selling used cars, announces the $2.2B acquisition of ADESA’s U.S. physical auction business from KAR Global, consisting of 56 ADESA U.S. locations totaling approximately 6.5 million square feet of buildings on more than 4,000 acres. “This alignment with ADESA U.S. will further strengthen our foundation for growth … [More]

Your Check List to Be the CEO of Your Dreams

by Darren LaCroix

Regrets suck! Well-meaning people have trained our dream right out of us. Who have been the naysayers in your life? You may have had many, but the worst critic can be the one in our own head. You may doubt yourself, thinking, “I’m not good enough,” or “As soon as I…, then I’ll start on my dream.” No! Enough is enough. It’s time. Your time. So, where do you start? What do you … [More]

Leading Paper Receipts Co. Acquires Phoenix-Based Liberty Greenleaf

inbusinessPHX.com

Iconex, the world’s leading provider of highly differentiated label solutions and low-cost paper receipts, announced the acquisition of Liberty Greenleaf. Founded over three decades ago, Liberty Greenleaf is one of the premier manufacturers of point-of-sale (POS) and industrial packaging solutions, with operations in Phoenix, Arizona and Morristown, Tennessee. Financial terms … [More]

AAED Releases 2022 State of Arizona Economic Development Survey Results

inbusinessPHX.com

The Arizona Association for Economic Development announced the results of its State of Arizona Economic Development survey at its recent spring conference.  AAED surveyed its membership of more than 500 economic development practitioners and those that provide goods and services from the private sector. Key takeaways from the survey include: Strong economic outlook for … [More]

Scottsdale Developer Sells Nearly 100 Acres in Florence

inbusinessPHX.com

Empire Group of Companies recently sold 99.43 acres to DR Horton for approximately $2.5 million. The land is located in the town of Florence, situated at the northeast corner of Central Park Avenue and Highway 287 near downtown. Empire Group entitled and platted the property. The 99.43-acre parcel was platted in two phases and includes a total of 273 lots that are ready for … [More]

More Sellers Dropping Their Prices, But Buyers Find Little Relief

inbusinessPHX.com

The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up from 9% a year earlier, and represents the largest annual gain on record in Redfin’s weekly housing data back through 2015 For homebuyers, the typical … [More]

As Temperatures Rise, MAG Launches Heat Relief Network

inbusinessPHX.com

As temperatures climb, it is important to remember that heat can be deadly. The Maricopa Association of Governments (MAG) wants residents to know how they can find shelter from the heat, and how they can help others who might be vulnerable. The Heat Relief Network, organized each year by MAG, launches today with warnings that all residents are at risk, no matter their age … [More]

Colorado River Water Shortage Caused by Climate Change Will Require Phoenix and Phoenicians to Adapt

inbusinessPHX.com

At their briefing on Friday, May 6, officials with the U.S. Department of the Interior, Arizona Department of Water Resources, and Central Arizona Project delivered a stark assessment of the Colorado River. As impacts of climate change persist, more significant Colorado River cuts are likely to occur. Those reductions will impact the amount of Colorado River water available … [More]

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