Standing out in a noisy market can be a daunting task for new and seasoned entrepreneurs. Luckily, there are many proven strategies that will never go out of style with consumers and help you differentiate your business in the market. To put your small business on the right track, you can start by asking yourself a few questions. When a customer asks you what makes you … [More]
You are here: Home / Archives for Featured Stories
Overcoming Lack of Support Contacting the Right Person and Other Ideas
by Susanne Tedrick
No single person, no matter how intelligent or experienced, can understand everything there is to know about a given job. Questions will come up, and when they do, the individual — whether a software developer, project manager, sales engineer or any other title — needs to have a handle on the specific support that is needed, and how to ask for it. With more people working … [More]
New Details Emerge about How AZ Businesses Can Win Fed Infrastructure Funds
by Alexis Glascock
New details have emerged regarding how small businesses might be able to win some of the federal dollars flowing to the State of Arizona as part of the Infrastructure Investment and Jobs Act. The bill, signed into law by President Biden in November of 2021, allocates funds to states and businesses by means of grants and specialized programs. Both delivery methods have direct … [More]
5 Steps to Help Small Businesses Do Business with the Federal Government
by Edgar R. Olivo
President Biden announced a bold new goal last summer to increase the share of contracts going to small, disadvantaged businesses by 50% by 2025. This unprecedented target is projected to add $100 billion to small businesses in the United States over the next five years. Now is the time for small businesses to prepare to find opportunities with the federal … [More]
EN NEGOCIOS: 5 pasos para ayudar a las pequeñas empresas a hacer negocios con el gobierno federal
por Edgar R. Olivo
El presidente Biden anunció una nueva meta audaz el verano pasado para aumentar la proporción de contratos destinados a pequeñas empresas desfavorecidas en un 50% para 2025. Se prevé que este objetivo sin precedentes agregará $100 mil millones a las pequeñas empresas en los Estados Unidos durante los próximos cinco años. Ahora es el momento de que las pequeñas empresas se … [More]
Women Are Falling Behind, Due to Increased Childcare Responsibilities and Debt, Exacerbated by the Pandemic
inbusinessPHX.com
New research from gender justice organization Equal Rights Advocates (ERA) found a full 50% of Black and Latinx women surveyed, the majority of whom are Black, are struggling to make ends meet and are being knocked down the ladder of financial stability due to increased caregiving responsibilities and debt during the pandemic. ERA’s Family Voices Amplified research surveyed … [More]
How Health Plans, Providers Can Find Common Ground
inbusinessPHX.com
As health care costs continue to rise, providers and health insurance companies often are at odds. It’s a constant push and pull relationship, as physicians and hospitals try to get paid for services, and health plans try to streamline patient utilization to appropriate use to reduce cost. Patients sometimes face gaps in care, end up paying more than expected for premiums … [More]
5 Quick Steps to Manage an Underperforming Employee
inbusinessPHX.com
Overlooking underperforming employees can be detrimental to a business. An employee who doesn’t get the job done can lead to another employee picking up the slack. This can in turn lead to burnout and the resignation of a quality team member. Once you let one employee get away with poor performance, many more will follow. Communications expert Eric M. Bailey shares his tips … [More]
Consumers: What You May Not Know About ‘Buy Now, Pay Later’ Services
inbusinessPHX.com
"Buy now, pay later" services are responsible for $100 million in annual transactions and have quickly become a go-to financial tool for millions of Americans. Although these options provide an easier way to make purchases, they aren’t without risks. “People love the convenience, but there remains a lot of misunderstanding surrounding BNPL services and their impact on … [More]
3 Lessons when Struggling to Overcome Reputation Issues
inbusinessPHX.com
Getting your life back on track after a major crisis is never easy, but it’s perhaps even tougher when your reputation is on the line. Carlos Legaspy, owner and CEO of Insight Securities, knows about such trials and tribulations. When he blew the whistle on a massive Ponzi scheme run by a company his firm had provided services to, the fraud’s perpetrators shifted the blame … [More]
Home Buyers Gaining Time and Options as Competition Eases
inbusinessPHX.com
Home shoppers are finding more options to choose from, more time to make decisions and even price cuts in some areas, according to Zillow's® latest market report1. That's largely because intensifying affordability challenges are thinning competition from a crowded field and giving newfound leverage to those who remain. "Those who can weather this storm of … [More]
Why Businesses That Embrace Diversity Will Have An Edge In Tough Economic Times
inbusinessPHX.com
As economists fret about a looming recession, business leaders who vowed to make diversity, equity and inclusion (DEI) a priority this year may be tempted to put those efforts on hold while they focus on business fundamentals. But that would be a mistake, because DEI isn’t just a feel-good initiative; it’s a significant contributor to business success, says Dr. Nika White, … [More]
New Spaceship Manufacturing Facility in Mesa
inbusinessPHX.com
Virgin Galactic Holdings, Inc., an aerospace and space travel company, today announced it has signed a long-term lease for a new final assembly manufacturing facility for its next-generation Delta class spaceships. Located in Mesa adjacent to the Phoenix-Mesa Gateway Airport, the facility will be capable of producing up to six spaceships per year and will bring hundreds of … [More]
Home Supply Up for the First Time in Nearly 3 Years
inbusinessPHX.com
The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019, according to a new report from Redfin, the technology-powered real estate brokerage. Supply has built up as the combination of 5.5%-plus mortgage rates, high home prices and a faltering economy push more buyers to the sidelines, thereby creating a more balanced market. Home … [More]
EN NEGOCIOS: Cómo redactar su declaración de capacidad de una página para su pequeña empresa
por Edgar R. Olivo
Crear un currículum para encontrar trabajo es uno de los primeros pasos que dan los candidatos para atraer empleadores. Las pequeñas empresas deben hacer lo mismo para conseguir un gran contrato mediante la preparación de una declaración de capacidad. Una declaración de capacidad es un documento conciso de una página de sus competencias comerciales. Sirve como un currículum … [More]
How to Write Your One-Page Capability Statement for Your Small Business
by Edgar R. Olivo
Creating a résumé to find a job is one of the first steps candidates do to attract employers. Small businesses must do the same to land a big contract by preparing a capability statement. A capability statement is a concise, one-page document of your business competencies. It serves as a résumé for your business. It provides specific information that will convince potential … [More]
Small Business Expectations for Future Conditions Hit All-Time Low
inbusinessPHX.com
The NFIB Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased seven points to a net negative 61%, the lowest level recorded in the 48-year survey. Expectations for better conditions have worsened every … [More]
Midyear Report Reveals Latest Construction Trends in North American Cities
inbusinessPHX.com
International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its midyear Quarterly Cost Report, providing an on-the-ground picture of construction activity in 14 key North American markets and data-driven insights into the industry for the second quarter of 2022. Like many industries right now, the construction industry is facing a … [More]
