President Biden announced a bold new goal last summer to increase the share of contracts going to small, disadvantaged businesses by 50% by 2025. This unprecedented target is projected to add $100 billion to small businesses in the United States over the next five years. Now is the time for small businesses to prepare to find opportunities with the federal … [More]
Sustaining Profits: The Environment and Its Challenges Are Driving Business Success
From an overabundance of sun to an underabundance of water, the natural environment has become the elephant in the room for the business community. But many see it as big opportunity. “Like many regions in the Southwest, Greater Phoenix is addressing environmental issues from water and drought to urban heat,” says Chris Camacho, president and CEO of Greater Phoenix Economic … [More]
Joy E. Seitz, American Solar & Roofing
Is it business vs. Mother Nature? The better question is, “What are the new pathways to economic success?” Turns out, Mother Nature offers an abundance of opportunities for businesses innovative enough to recognize appropriate prospects. For example, as a national leader in solar power, Arizona has the potential to become one of the country’s largest exporters of clean, … [More]
Feedback: August 2022
Question: What results have you realized from environmental sustainability measures you’ve put in place? Sherri Barry Owner and CEO Arizona Fashion Source, LLC DBA The Fashioneer Sector: Fashion The Fashioneer was created as a sustainable, technology-driven alternative to traditional apparel manufacturing. This alternative allows fashion brands to create fashion in way … [More]
Virtual Assistants Are Changing the Remote Worker Landscape
As more companies move away from physical workplaces to embrace hybrid to fully remote structures, the demand for virtual assistance is increasingly on the rise. In fact, Gartner predicts that by 2025, 50% of knowledge workers will be employing virtual assistants on a daily basis. Virtual assistants are independent contractors who offer a vast number of services to … [More]
The Bankruptcy Alternative You’ve Likely Never Heard Of
There is a quicker, less expensive and more flexible alternative to a business bankruptcy and liquidation that most business owners have never heard of — the Assignment for the Benefit of Creditors, or ABC. More than 13,000 businesses in the United States, including 210 businesses in Arizona, filed for bankruptcy between March 2021 and March 2022, many of which could have … [More]
Profits for Home Sellers Surge Again amid New Round of Price Spikes in Q2
ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales across the United States hit another new record of 55.5 percent following the largest quarterly gain in a decade. On the heels of a … [More]
Pandemic Homebuying Hotspots with Steep Price Increases (Like Phoenix) Most Susceptible to Housing Downturn in a Recession
Popular migration destinations where home prices soared during the pandemic are most likely to see the effects of a housing downturn amplified and home prices decline year over year if the economy goes into a recession. This is according to a new report from Redfin, the technology-powered real estate brokerage, which also found that relatively affordable northern metros are … [More]
Phoenix Named 7th Best Place to Buy a Vacation Home for 2022
Vacasa, North America’s leading vacation rental management platform, released its fifth annual Top 25 Best Places to Buy a Vacation Home report. Each year, the company ranks its top 25 markets* to purchase a vacation home based on capitalization (cap) rate, or rate of return on your investment. The report ranking also factors key data points, including median home sale price … [More]
