Small businesses have long been the backbone of the American economy, driving innovation, creating jobs and strengthening communities in every corner of our nation. Here in Arizona, small businesses are not only fueling economic growth in our cities and towns, but they are also helping lead the resurgence of American manufacturing. Recently, I was asked what makes small … [More]
The Power of Small Business
Each year, the Business Resources Guide offers a timely reminder of the critical role small businesses play in shaping Arizona’s economy and communities. These businesses are more than just a part of the economy; they are innovators, job creators and neighborhood anchors that bring energy and opportunity to every corner of our state. Arizona’s small businesses make up more … [More]
Raising Capital
Raising capital is a foundation of business activity. Sources always include the business owner’s own resources, including savings accounts, retirement funds, life insurance, friends and relatives and, more conventionally, banks, credit unions and non-bank lenders. Alternatives sources of capital include advertising, credit cards, money brokers such as online brokers or … [More]
Remembering the Wrong Things …
Recently, I attended an event, and the food was wonderful. The adult beverages, not so much … and everyone remembered that for all the wrong reasons. The host enjoyed top-shelf vodka, evidently his drink of choice, but forgot those of us who enjoy whatever else. We had all hoped for better, but it was generic, from a wholesale club and disappointing. My point is simply … [More]
Top 50 Small Business Resources Guide
Serving Arizona Small Business The pace of SBA-backed lending continues to rebound. SBA lending remains strong, providing capital to small businesses at a steady pre-recession pace. The first 11 weeks of FY 2013 (which began Oct. 1) saw more loans and more dollars loaned than the same period a year ago, a year in which SBA recorded the second-highest loan volume in the … [More]
