When you spend a dollar at a local business, that dollar stays in the community, fueling job creation, economic growth and a stronger Arizona. Research shows that for every $100 spent at a locally owned business, approximately $43 stays in the local economy, compared to only $14 when spent at a national chain. But did you know that nonprofits function as local “businesses,” … [More]
Elevating Impact: New Membership Benefits at AZ Impact for Good
At AZ Impact for Good, we believe in the power of collaboration to strengthen Arizona’s nonprofit sector. By bringing together nonprofits, grantmakers and businesses, we create opportunities for connection, learning and meaningful impact. We’ve recently introduced several new benefits designed to enhance engagement, education and financial accessibility with our business … [More]
Giving Is Good for Business
Support Arizona through AZGives.org this spring
Corporate & Business Giving: A Strategic Investment in Community and Business Corporate philanthropy is no longer just a goodwill initiative; it is a powerful strategy that strengthens communities while also benefiting businesses. More companies are recognizing that giving back enhances brand reputation, builds customer loyalty and boosts employee engagement. In 2023 … [More]
March 2025 Guest Editor: Richard Tollefson, The Phoenix Philanthropy Group
What Gives? Philanthropy strengthens our community. Philanthropy strengthens the businesses that practice it. In 2023, Americans gave more than $557 billion in philanthropic support to nonprofit institutions. Individuals accounted for 67% of that total, foundations 19%, bequests 8%, and corporations 7% — more than $36.5 billion. While the level of corporate support is … [More]
Virtual Leasing Assistant a Boon for Multifamily Boom
Nurture Boss is an advanced AI solution for the multifamily housing sector that recently announced a $4.025 million Series A funding round from AZVC and In Revenue Capital. I founded the company to provide a solution to the urgent problem of a significant labor shortage amid a booming market. The company’s “AI for Multifamily” solution was created to streamline leasing … [More]
4 Tips to Manage Finances for Successful Growth
Approximately 82% of small businesses that fail do so as a result of poor cash flow management — or a complete lack of understanding of cash flow. So how can business owners prepare themselves and avoid becoming a failed statistic? As someone who has helped companies manage and grow their finances to upwards of eight figures, I offer a few tips: Create a detailed … [More]
Lifestyle Trends Driving Real Estate Decisions
Although many of us have settled into the new year and our resolutions have lost their momentum, we can all benefit from continual reflection on the last couple of years and how we can move forward in ways that are productive and inspiring. One way to do that correlates with a lifestyle trend we have been following for a while and is really gaining traction right now. This … [More]
Arizona’s Semiconductor Industry Prepares for Tariffs
Will growth stay on track?
Arizona’s semiconductor industry is facing a new variable in its growth equation: tariffs. With billions of dollars on the line, the industry is bracing for what comes next. If higher import taxes on materials from Mexico, China and Canada take effect, chip manufacturers must adapt — and fast. Even as TSMC ramps up production of four-nanometer chips in Phoenix, the … [More]
Improving Patient Safety with Privacy-First Technology
Fellowship Square Mesa has significantly reduced falls among its residents after implementing Helpany’s AI-powered, radar-based monitoring system, Paul. In just two months, the senior living community saw a 70% decrease in falls, setting a new standard for safety and proactive care. A Smarter Approach to Fall Prevention Falls are one of the biggest risks in senior living … [More]
Medical Manufacturer Funds Its Own Patient Assistance Program
BioLab Sciences, a skin substitute brand of BioLab Holdings, Inc., a Mesa-based medical manufacturer specializing in wound healing and wound care products, recently launched its Charity Care initiative. The Patient Assistance Program was created to help patients who are uninsured and without the financial means to access BioLab’s advanced wound care products. “Our goal is to … [More]
Shifting Hiring Practice Mindsets Can Expand and Amplify Talent Pools
Nontraditional collaborations also help enhance the community’s workforce and quality of life
Businesses today are faced with a multitude of challenges when it comes to hiring skilled and sustainable talent. Since the pandemic, companies have seen a drastic shift in the job market causing a more reactionary recruiting approach, which is neither efficient nor sustainable. To regain traction and lay the groundwork for a more tenured workplace, companies must shift … [More]
Proposed Legislation Impacting Arizona’s Business Landscape
What business owners and developers should know about
Every year, the Arizona Legislature introduces dozens of bills that can impact the business community. As the 2025 legislative session unfolds, here are the bills the Rose Law Group Lobbying and Government Affairs Department is tracking: Water and Development Regulations SB1249: Groundwater Pumping; Measuring; Reporting This bill requires nonexempt well users to … [More]
OEMs Adapting Pricing amidst Cooling Inflation and Tariff Policy Uncertainty
Navigating the complexities of pricing to boost revenue in the manufacturing sector
Those who feel like they’re walking a tightrope with pricing strategies have a lot of company. Original equipment manufacturers across many industrial and motor-wheeled industries face a myriad of challenges when devising pricing strategies. From fluctuations in input costs like labor and raw materials, supply chain disruptions, customer and market sentiments to policy … [More]
A Multigenerational Workforce Needs a Multipronged Approach to Benefits
One size doesn’t fit all
The cultural climate of the workforce has undergone some significant changes in recent years, and businesses need to be able to think on their feet regarding how they adapt. With Gen Z now making up a greater portion of the workforce, alongside an aging population that’s choosing to work past the age of 65, businesses are face to face with a truly multigenerational workplace. … [More]
Energizing Arizona Businesses
SRP’s Business Demand Response Program helps prevent power outages during the busiest time of year and lowers operating costs for Arizona businesses
There is a reason the saying “When one of us wins, we all win” has withstood the test of time. In most cases it’s true, and Salt River Project’s Business Demand Response Program was designed with this adage in mind. This initiative endeavors to simultaneously prevent power outages during the busiest time of year and lower operating costs for Arizona businesses. The result of … [More]
Serving More Than Plates: M Culinary’s Philanthropy in Action
How a culinary giant is nourishing the community and transforming lives
From its humble beginnings as a fine dining establishment, M Culinary has grown into the Southwest’s largest privately held catering and hospitality provider. However, this journey isn’t just about culinary excellence or national recognition; it’s about a deep-seated commitment to community impact. Beyond the mouthwatering menus and iconic events, M Culinary stands as a model … [More]
10 Rules for Brainstorming Success
The secrets of visionary thinkers
At various times, the popular press raises the idea that group brainstorming isn’t effective at generating creative solutions. That assertion is erroneous, for a variety of reasons. Groups can — and do — successfully brainstorm creative and useful solutions. But research does show that effective brainstorming requires adherence to some specific guidelines. If it’s done … [More]
Good Business: Growing the Corporate Model through Community Engagement
“We want our neighbors to see TSMC Arizona as a big contributor to the growth and prosperity of the community,” says a spokesperson for the microchip manufacturing giant that has established a (huge) campus in Northwest Phoenix. Noting that thousands of jobs will be created to run the semiconductor fabs in the coming years, with talent recruited here in the state, she goes on … [More]
