Breakfast Concept Is Cookin’ with Gas as They Open 16th Location

inbusinessPHX.com

Local breakfast restaurant Over Easy announces the opening of its newest location in Peoria located at 25738 N Lake Pleasant Pkwy. The new restaurant will open its doors later this month and host its special Welcome Weekend on Saturday, June 22 and Sunday, June 23 from 9 a.m. until 1 p.m. “We are thrilled to be opening our 16th Over Easy, marking our third presence in the West … [More]

Southwest Online Travel and Lifestyle Magazine Debuts

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The Best of the Southwest online travel and lifestyle magazine has made its official debut. Created by Erin Thorburn, PR writer for Aker Ink, accomplished journalist and children’s book author/illustrator, The Best of the Southwest (BOSW) highlights luxury and unique experiences throughout the Southwest. BOSW provides website visitors with in-depth, comprehensive content and … [More]

BBB Announces Greater Arizona 2024 Torch Awards for Ethics Finalists

28 Greater Arizona companies honored with esteemed recognition

inbusinessPHX.com

Better Business Bureau Serving the Pacific Southwest (BBB) proudly announces 28 Greater Arizona companies as finalists for the 2024 BBB Torch Awards for Ethics. The event’s Title Sponsor is Desert Financial Credit Union and raises awareness in marketplace ethics and recognizes businesses that operate with the highest levels of integrity. “Honesty builds trust, which is a … [More]

Phoenix Planning and Development Department Debuts New Process Improvements Plan

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The Planning and Development Department presented a comprehensive Process Improvements Report to Phoenix City Council, signaling a significant step forward in enhancing the efficiency and effectiveness of City development processes. The report underscores the department's commitment to continuous improvement and its dedication to serving the community with … [More]

Partnership Brings Scottsdale Two Major Experiential Mixed-Use Retail and Entertainment Projects

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Scottsdale is set to welcome its newest and hottest entertainment district as Diversified Partners, the Scottsdale real estate brokerage and development company, and Palmer Development Group, the development firm renowned for transforming landscapes into innovative destinations, join forces. The dynamic duo is poised to transform Scottsdale with two major experiential mixed-use … [More]

Asking Rents Hitting Highest Level since 2022, but Falling in the Sun Belt

inbusinessPHX.com

The median U.S. asking rent rose 0.8% year over year in May to $1,653 — the highest level since October 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the second consecutive increase (rents climbed 0.9% year over year in April) following 11 months of decreases. Rents rose 0.5% on a month-over-month … [More]

Unique Hat Retailer Expands to Second Scottsdale Location

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Rancher Hat Bar has been making waves on social media and in the local areas with their unique, innovative experience that is now popping up from other brands off of Rancher's initiative, and is now expanding to a second Scottsdale location on 5th Ave. When the Scottsdale Road location is extremely busy and has its normal wait, guests can now pop over to 5th Avenue for even … [More]

Arizona Named among the Best States in America for Entrepreneurial Success 

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A new study has revealed the best states in America for entrepreneurial success, with Oregon taking the top spot and Arizona coming in tenth. Digital marketing site DesignRush analyzed data from the US Bureau of Labor Statistics to find the change in the number of business establishments per state between September 2022 and September 2023. The states with the greatest … [More]

Foundation Gives $600K to Help Keep Youth Off the Streets  

Funds To Support the Empowering Youth for the Future Program and

inbusinessPHX.com

Homeless Youth Connection (HYC) has received a $600,000 multi-year grant from The Bob & Renee Parsons Foundation to support the agency’s Empowering Youth for the Future program, with $100,000 of the grant being allocated to enhance and expand a multi-purpose space for in-kind  donations, volunteer work and staff functions. Construction will begin later this year on their … [More]

Data Management Co. Appoints New Chief Executive Officer

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Semarchy, a master data management (MDM) and data integration leader, announced the appointment of Ben Werth as Chief Executive Officer. Werth brings over a decade of software industry and private equity leadership experience to Semarchy. "I'm honored and excited to join Semarchy at this pivotal time," said Ben Werth, CEO of Semarchy. "With an industry-leading platform, a … [More]

Houston-Based French Café Concept to Open First of Three New Locations in Metro Phoenix

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Sweet Paris Crêperie & Café, the ultra-popular restaurant brand specializing in sweet and savory crêpes, hot drinks and more, announced its first Arizona location will open in Scottsdale Quarter in the Fall of 2024. With construction beginning in the coming weeks, the new location at 15147 N Scottsdale Rd, Suite 133, spearheaded by strategic partners John and Sue Gilbert, … [More]

Small Business Uncertainty Index Reaches Highest Level since 2020

Inflation remains the top small business problem

inbusinessPHX.com

        The NFIB Small Business Optimism Index reached the highest reading of the year in May at 90.5, a 0.8-point increase but still the 29th month below the historical average of 98. The Uncertainty Index rose nine points to 85, the highest reading since November 2020. Twenty-two percent of owners reported that inflation was their single most … [More]

Mesa Adventure Van Accessory Manufacturer Joins Forces with Mercedes-Benz

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  Owl Vans, the leading adventure van accessory company, announces its official partnership with Mercedes-Benz, marking a significant milestone in the evolution of the Adventure Van market. This exclusive collaboration highlights Owl Vans’ commitment to excellence in manufacturing and innovation, positioning the company as a frontrunner in the rapidly growing … [More]

80 Acres in Casa Grande Purchased for New Power Switching Yard and Substation

new power switching yard and substation to address growing power needs in Casa Grande’s West Industrial area

inbusinessPHX.com

A recently purchased 80-acre parcel in Casa Grande will become a new power switching yard and substation, which will extend capacity and services to the Casa Grande West Industrial area. Casa Grande’s industrial sector has seen a significant increase in industrial users and developers in recent years as the manufacturing industry and related suppliers relocate or expand to … [More]

Inaugural 602 Day Celebration Dubbed a Success by Phoenix Leadership, Business Community

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ On June 2, 2024, the City of Phoenix officially celebrated 602 Day for the first time. The City partnered with more than 100 local businesses and organizations to offer $6.02 deals and host events to celebrate the Phoenix community and honor 602 as the city’s  most historically … [More]

Bank & Financial Services Co. Adds Equipment Finance Team in Phoenix

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Alerus Financial Corporation announced it is expanding its specialty lending capabilities with the addition of an experienced team focused on providing equipment financing to commercial banking clients throughout the company’s geographic footprint. Brian Scott joins Alerus as managing director of the equipment finance team. In this role, he oversees the team’s activities … [More]

New Listings Up. Homes Selling Faster. Prices Continue to Rise.

Residential real estate inventory improved in May, according to data from Phoenix REALTORS

inbusinessPHX.com

The number of new listings continued to climb in May in year-to-date comparisons, according to the latest data from Phoenix REALTORS. The first five months in 2024 were up more than 17% compared to the same period of 2023. Homes have also sold faster so far this year when compared to 2023, and the average days on the market dropped from 74 to 64. The year-to-date median sale … [More]

Understanding the Three V’s of Business Leadership: Vision, Variety and Vitality

by Teniqua Broughton

As a leader, understanding your own leadership style is essential for success in your business. To stay relevant, innovate and grow your business, as a leader, it takes dedication to self-reflection, analyzing your Whys, looking at your own competencies and all the ways you are adaptable for sustaining your particular type of work. A powerful way to self-reflect is through the … [More]

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