For smaller businesses, debt sometimes gets a bad rap. But for many businesses, access to a business line of credit may be not only necessary, but a smart move. Knowing how to select the right line of credit and manage it wisely, rather than managing everything on a cash basis, can help a successful small business become a larger successful business. Financing options can be … [More]
Is Brand Obsolete in the Amazon Age?
Has the rise of e-commerce sites — Amazon in particular — made brands obsolete? Some people think so. In the Digital Age, or so the theory goes, customers don't even notice brand names. Online retailers offer endless supplies of in-stock products with plenty of user opinions to recommend them (or not). All the customer has to do is click through web pages and comparison-shop … [More]
Tammy McLeod, Ph.D., Flinn Foundation
The continuing strength of our economy and growth of business goes hand in hand with agile and innovative leadership in Arizona’s business community. Increasingly, in fact, business sectors overlap and intertwine, requiring an ever-broader perspective from those at the helm of their company. Since arriving at the Flinn Foundation two years ago, I have confirmed what two … [More]
Re-Engineering the Media Supply Chain
Research by the company across more than 60 campaigns over the past two-plus years has shown that digital advertising wastes some 47 percent of impressions. Commerce Signals gives brands the marketing reflexes they need to redirect that inefficient spend toward more effective approaches, doubling media effectiveness. Commerce Signals is just beginning to unleash the power of … [More]
Building Better Nonprofits Builds Healthier Communities
No business is an island. Businesses are successful as a community — at least in part as a result of partners and suppliers with whom they work. The nonprofit sector is the same way. There are more than 22,000 registered nonprofits in Arizona. While they are the fifth largest non-governmental employer in the state, fewer than 3,000 nonprofits employ people full- or … [More]
Engagement Platform for Mobile Workforce
StaffConnect, a leading provider of mobile employee engagement solutions for the deskless workforce, recently released its Series 3. Redesigned from the ground up, the new SaaS platform transforms the way organizations engage with their workforce and delivers an entire employee engagement solution-in-a-pocket. Powerful feedback tools such as pulse surveys reported in minutes … [More]
Accounting Aims to Serve Cannabis Businesses
Rebel Rock Accounting provides cannabis businesses nationwide with specialty accounting solutions, tax services, CFO/controller services and business system implementation, filling what CFO Melissa Diaz describes as “a clear void in the fast-paced, ever-evolving industry.” From grow operations and seed-to-sale businesses to dispensaries and beyond, she says she and her fellow … [More]
The Ascension of Arizona’s 21st Century Healthcare Economy
An advanced, diverse, and thriving healthcare industry is critical to Arizona, serving both as a magnet for attracting new residents, and providing world-class medical care to a state population that surpassed 7 million last year. The expansion of the Arizona healthcare sector is necessary to serve a population that continues to expand faster than the national average while … [More]
Opportunity Zones: Maximizing Potential while Protecting against Risk
Opportunity Zones and Opportunity Funds create much excitement as powerful new economic development tools for many businesses and investors as well as communities looking to develop (or redevelop) areas that could become economic drivers. They were created specifically to spur economic development through the benefit of capital gain deferment to incentivize an injection of … [More]
A Corporation’s Biggest Threat Is Its Leaders
Most organizations and leaders say they want to empower people to contribute at their fullest capacity. But most leaders are never taught how to do that. Those who started their corporate careers 20 years ago or more were given a formula for success by their bosses: Do these 10 actions to drive these 20 outcome; multiply those actions and outcomes across a department, and … [More]
Tax Issues for Arizona Retailers and Taxpayers
In the summer of 2018, the U.S. Supreme Court officially recognized our country’s significant shift from local to online sales of goods by overruling the longstanding precedent that previously prevented state and local governments from imposing sales taxes unless a seller had a physical connection or “nexus” with the state. While earlier decisions had determined that physical … [More]
Optimizing the Role of the CEO in Fundraising
Today’s nonprofit CEOs and presidents are expected to set the strategic direction of the organization, ensure organizational efficiency and accountability, inform and be answerable to the board and key stakeholders, and serve as the public face of the organization. With so much on their plate, it may seem logical to delegate the responsibility for fund development to the chief … [More]
When There’s Not Enough Talent to Go Around: Non-Traditional Recruitment
Ask today’s corporate leaders what keeps them up at night and chances are good that recruiting and retaining employees are near the top of the list. With the national unemployment rate hovering around 3.6 percent, there simply isn’t enough talent to go around. At Duffy Group, we turned this dilemma into an opportunity for companies to look at recruiting … [More]
Great Leaders Driving Our Business Community
In a business world where sectors increasingly overlap and intertwine — and are buffeted unremittingly by the stresses from continuous and increasingly rapid technological changes and unpredictable political forces — it’s the leadership that counts in keeping a company strong and moving forward. In its annual tradition, In Business Magazine reached out to some of the … [More]