Many local businesses struggled through 2020 and are ready to take on 2021 with a fresh start. While some trends feel like they come and go, the ones that stay can help you identify new and effective business strategies to ensure your company thrives. Better Business Bureau Serving the Pacific Southwest (BBB) shares the following tips for emerging trends that will be important … [More]
Adult Use Marijuana Retail Tax Collection Begins
Marijuana establishments are liable for retail TPT and MET on adult use marijuana products immediately upon being licensed by the Arizona Department of Health Services to make such sales to Arizona consumers. Reporting An ADOR TPT license and a MET registration number are required to file and pay taxes, and can be obtained through the Medical, Adult Use or Dual License … [More]
Seven Arizona Bioscience Startups Earn $30K Through Flinn Foundation Entrepreneurship Program
Artificial intelligence to assist Alzheimer’s disease caregivers, rapid virus screeners, a headband to monitor for concussions, and new technologies for surgeries and drug discovery are some of the innovations of the participants in the 2021 Flinn Foundation Bioscience Entrepreneurship Program. Seven Arizona-based firms will each receive $30,000 in funding support through a … [More]
Houston-Based Home Builder Opens Multifamily Luxury Community in Phoenix
MORGAN, a Houston-based leader in multifamily development, construction, acquisitions and property management, has opened the Pearl Biltmore, its first multifamily luxury community in the Phoenix market. Located near the intersection of Highland and 24th Street, the 472-unit project is a joint venture between MORGAN and Mesirow Pearl Biltmore contains 19 unique … [More]
Sonic Automotive Expands its EchoPark Footprint with First Store in Metro Phoenix
Sonic Automotive, Inc., a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the opening of its newest EchoPark specialty pre-owned vehicle store in Avondale, Arizona. EchoPark Phoenix is the Company’s 19th location and follows recent openings in Atlanta, Georgia, and Knoxville, Tennessee. Guests in the Phoenix market will be able to … [More]
Alkaline88 to be Distributed by Hensley Beverage Co. Across Arizona
The Alkaline Water Company Inc., is a producer of premium bottled alkaline water and flavor-infused waters products sold under the brand names Alkaline88® and A88 Infused™, respectively. Today, the Company announced that it is partnering with Hensley Beverage Company, a local Direct Store Delivery (DSD), to distribute its beverage brands across Arizona. “We are pleased to … [More]
Software Startups Raised $176.7B in Total Funding, a 27% Increase YoY
Software solutions have entered all aspects of life in the digital age, with millions of individuals and businesses relying on operating systems and apps to carry out daily tasks. The entire sector's growth has been followed by the increasing number of software startups searching for a way to raise capital and expand their growth. According to data gathered by … [More]
Lucid Motors to Go Public in Merger with Churchill Capital Corp IV
Lucid Motors (“Lucid”), which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV) (“CCIV” or “Churchill”), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement. CCIV and Lucid are combining at a transaction equity value of $11.75 billion. The … [More]
