New Polls: Minorities Struggle to Secure PPP Loans, the largest online referral network for small businesses, has just compiled the results of several recent polls on the Paycheck Protection Program that show it has fallen short for many small-business owners. Some of the hardest hit include companies owned by minorities and minority women, as well as small-business people just starting as … [More]

Avoid a Tsunami of Business Bankruptcies

by D. Lamar Hawkins and J. Phillip Glasscock

Recent bankruptcy announcements from Neiman Marcus, Garden Fresh Restaurants and J.C. Penney are the beginning of a cresting tidal wave. The retail and restaurant industries have been devastated by the COVID-19 pandemic and related quarantine orders, with many other businesses on the brink of bankruptcy. However, bankruptcy isn’t always necessary, even when a business is in … [More]

WEBINAR – May 28: Regional Report – Greater Phoenix Tech Challenge

Greater Phoenix Economic Council

On Thursday, May 28 at 10 a.m. MST, the Greater Phoenix Economic Council (GPEC) will host the latest installment of its virtual series, ‘Regional Report,’ which will be a digital pitch competition. Four Greater Phoenix-based businesses and/or nonprofits will pitch their technology and highlight how they have pivoted their operation to meet the current demands of the COVID-19 … [More]

Local Leaders Examine Economic Effects, Opportunities of Pandemic at Virtual Event

PHX East Valley Partnership

Although there are many unknowns about the novel coronavirus, something is clear: the global pandemic will have permanent implications on business. But that’s not bad, according to some of the Valley’s most prominent leaders. They believe Arizona companies can capitalize on opportunities and workers can hone new skills that will propel the region and state … [More]

Previously Unchanged Funeral Home Industry Changes Since COVID-19 Says Survey

The Foresight Companies

The pandemic has significantly altered consumer attitudes and behaviors in three key areas of the funeral and cemetery business – the buying and shopping process, the necessity of physical presence to support loved ones in their time of need, and the influence of technology on both. This according to The Foresight Companies 2020 Funeral and Cemetery Consumer Behavior … [More]

Nearly $600 Million in Local Coronavirus Relief Funds to be Disbursed

State of Arizona Office of the Governor

Nearly $600 million in coronavirus relief and recovery dollars for local Arizona governments and nonprofits as part of a funding plan was announced today by Governor Doug Ducey. The plan includes $441 million in direct, flexible funding to local cities, towns and counties that did not receive direct funding earlier this year from the federal government. In addition, local … [More]

WEBINAR – Jun 1 to 5: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

  UPCOMING SESSIONS Please join us for next week's Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 22: MONDAY - June 1 | 9:00 AM Target's SAFE Guide for Retailers Hear from Target's Director of Government Affairs, Kent Wilson, on how the retail giant is implementing safety … [More]

EN NEGOCIOS: Lo que necesita saber sobre la solicitud del perdón de préstamos del programa PPP

por Edgar R. Olivo

Prestatarios del Programa PPP ahora tienen guia sobre cómo solicitar la condonación de préstamos, gracias a las nuevas instrucciones publicadas el 15 de mayo de 2020 por la Administración de Pequeñas Empresas (SBA por sus siglas en inglés) y el Departamento del Tesoro. Si tomaste prestado de este programa, aquí hay algunos consejos que debes conocer para solicitar el perdón. … [More]

What You Need to Know About PPP Loan Forgiveness Application

by Edgar R. Olivo

Borrowers of the PPP Program now have guidance on how to apply for loan forgiveness, thanks to the new instructions released on May 15, 2020, by the Small Business Administration (SBA) and the Department of the Treasury. If you borrowed from this program, here are some tips you need to know in order to submit for forgiveness. The published PPP Loan Forgiveness application is … [More]

EN NEGOCIOS: Enfrentando el riesgo y el florecimiento en un mundo post covid19

por Rita Hudgens

"El mayor riesgo es no arriesgar nada en absoluto". Leo Buscaglia Riesgo: ¿amigo o enemigo? ¿Cuál es el primer pensamiento que te viene a la mente cuando piensas en la palabra riesgo? En una encuesta no oficial de mis amigos más cercanos, esto es lo que dijeron cuando les hice la misma pregunta. Riesgo es igual a: Una amenaza sobre la que necesito actuar … [More]