Maximizing Cash Flow to Help Your Business Survive and Thrive

by Jeff Friesen

The financial crisis created by COVID-19 has impacted virtually every U.S. business in one way or another. For some, the sudden shift in demand for products and services created a windfall as well as challenges such as keeping up with demand. But for many others, the crisis resulted in an abrupt decline in revenue and cash flow. While cash flow in your own business is your … [More]

$550,000 from AZ Coronavirus Relief Fund to Support Mental Health Organizations

State of Arizona Office of the Governor

Governor Doug Ducey announced $550,000 from the AZ Coronavirus Relief Fund has been allocated to 13 organizations in Arizona that offer mental health support services for adults and children. As vaccinations increase across the country and more activities return to normal, experts warn that people may continue to suffer negative mental health effects as a result of the … [More]

Hotel Study Suggests Air Purifiers Help Reduce Exposure to Airborne Contaminants

Honeywell

The hotel industry was among the hardest hit by the pandemic. As travel rates increase, hotels are turning to science and technology to create environments that make guests feel safer. Honeywell, a leader in connected buildings, today released findings of a computer modeling study that examined indoor air quality in hotel common areas, focusing specifically on filtration and … [More]

Home Builder Closes 193 Additional Homesites at North Copper Canyon

Landsea Homes Corporation

Landsea Homes Corporation, a publicly traded residential homebuilder, announced today that it has closed on 193 additional homesites at North Copper Canyon in Surprise, Arizona. “New homebuyers have really responded to our offerings in the Surprise submarket, and we’re looking forward to extending our presence at North Copper Canyon for years to come,” said Kaylee Smith, … [More]

Lucid Reveals the User Experience for Lucid Air

Rick McCartney

With technology and user experience at its center, the Lucid User Experience is designed with people at the heart of vehicle operation, communication, and entertainment Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, today revealed the Lucid User Experience – or Lucid UX – the constellation of technology … [More]

U.S. Jobless Claims Fall to 406k, New Pandemic Low

U.S. Department of Labor

In the week ending May 22, the advance figure for seasonally adjusted initial claims was 406,000, a decrease of 38,000 from the previous week's unrevised level of 444,000. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The 4-week moving average was 458,750, a decrease of 46,000 from the previous week's unrevised average of 504,750. This is … [More]

How Businesses Can Give Back Meaningfully without Utilizing Big Bucks

inbusinessPHX.com

The COVID-19 pandemic curtailed some businesses’ ability to contribute to charitable causes. The crisis affected the bottom lines of U.S. small businesses in particular, many of them on a modest budget to begin with, preventing some of them from being philanthropic or as giving as they would like. But there are ways to give back to the community and help those in need … [More]

Valley Electric Company Promotes Sustainability With New Solar Powered Generators 

Canyon State Electric

Canyon State Electric (CSE), the leading electrical contractor in the Valley, is now offering a sustainable and eco-friendly energy option through its new Solar Rental service. These trailer-mounted solar-powered generators can provide a cost-effective and environmentally friendly alternative to meet the needs of construction sites, vendor trailers, vaccine sites, events and … [More]

WEBINAR – Jun 1, 3, 8 & 10: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 153: TUESDAY - June 1 | 9:00 AM Setting the Stage for Resilient Performance Post-Pandemic Join us for an interactive discussion on how small business owners can develop and nurture a resilient, … [More]

Phoenix Children’s Building New Hospital in Glendale

inbusinessPHX.com

In a move that will dramatically expand access to nationally ranked pediatric health care in the West Valley, Phoenix Children’s announced plans to build a new freestanding, three-story hospital in Glendale. Phoenix Children’s Hospital – Arrowhead Campus will offer inpatient care, an emergency department, an outpatient surgery center and a multi-specialty clinic. “Phoenix … [More]

Thunderbird Global Innovation Center Launches in Dubai

Thunderbird School of Global Management

Thunderbird School of Global Management opened a new satellite center of excellence called Thunderbird Global Innovation Center in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and the top innovation hub in the Middle East, Africa and South Asia (MEASA), with over 350 FinTech and innovation companies in the region. The … [More]

Owners of Z’Tejas Announce New Ghost Kitchen Concept

inbusinessPHX.com

The restauranteurs behind Z’Tejas Southwest Grill are excited to announce a new ghost kitchen concept, Woo Woo Burgers. Operating out of the Chandler location, the new online food offering will cater to the increase demand for delicious food delivered conveniently at home or picked-up curbside. The menu will be available starting on National Burger Day, May 28. “We’re … [More]

Delta Dental of Arizona Earns Healthy Arizona Worksites Gold Award for Fifth Consecutive Year

Delta Dental of Arizona

For the fifth year in a row, Delta Dental of Arizona has earned the Healthy Arizona Worksites Program (HAWP) Gold Award for its implementation of evidence-based health initiatives to improve the well-being of their employees, employees’ families and communities. HAWP, a public health initiative developed through a partnership between the Arizona Department of Health Services … [More]

United Health Foundation Partners with Valle del Sol Community Health to Improve Children’s Access to Care

inbusinessPHX.com

The United Health Foundation, the philanthropic foundation of UnitedHealth Group, has committed $3 million to Valle del Sol Community Health to help improve school-age children’s access to integrated health care in underserved communities throughout the greater Phoenix metropolitan area. According to America’s Health Rankings’ latest Health of Women and Children Data … [More]

I’m Stuck in Weeds and Can’t Get Out: The Micromanager’s Recovery Guide

by Kate Zabriskie

He gives me an assignment and tells me to do it my way. I only wish he meant it. My way doesn’t seem to hit the mark. He changes the smallest details. I dread getting new work. I’ve had this job for six years. At this point, I think I understand how it works. It’s so frustrating to be treated like someone who just walked in the door. Yesterday, I found her checking my … [More]

Regent Properties Lands $62M Loan for Phoenix Campus

CBRE Group

Regent Properties has obtained a $61.7 million bridge loan to refinance Elevate 24, a two-building, 323,251-square-foot office property in Phoenix’s Camelback Corridor. Public records show Forethought Life Insurance Co. provided the non-recourse financing. Working on behalf of the owner, a CBRE team facilitated the deal. Elevate 24 is one of the 12 office holdings Regent … [More]

Alerus Expands SBA Lending Strength with Addition of 5 Specialists

Alerus

Alerus is pleased to announce it is strengthening its U.S. Small Business Administration lending capabilities with the addition of an expert SBA team. Led by industry veteran John Kimball, who most recently served as SBA lending manager at MidWestOne Bank, the five-person team collectively has more than 100 years of business banking and small business lending experience at … [More]

SBA Launches ‘Community Navigator Pilot’ Program Application 

U.S. Small Business Administration

The U.S. Small Business Administration (SBA) announced that it is accepting applications for its new Community Navigator Pilot Program. This new initiative, established by the American Rescue Plan, will leverage a community navigator approach to reach our nation’s smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, … [More]

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