Five of the 10 U.S. housing markets that have cooled fastest this year are in northern California–San Jose, Oakland, San Francisco, Sacramento and Stockton–and three of those five are in the Bay Area. All 10 of the housing markets cooling fastest are in the American West. The cooldown is largely because mortgage rates nearly doubled in the first half of the year, reaching … [More]
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Arizona Moves Past $4 Billion in All-Time Sports Wagering Handle
by Chris Altruda
Arizona continued its impressive first full year of legalized sports wagering, becoming the 11th state to surpass $4 billion in overall bets after the state’s Department of Gaming reported nearly $513 million in handle for the month of April. The Copper State reached the milestone in just eight months and has cleared $500 million handle in three of the first four months of … [More]
Trending: Fashion Sustainability in Arizona
inbusinessPHX.com
For decades, the global fashion industry has been plagued by inefficient and wasteful processes. A few Arizona fashion reformers are working to change that. In 2016, Angela Johnson, an eco-friendly clothing designer, and Sherri Barry, a former design entrepreneur and executive, founded FABRIC, a non-profit fashion incubator to create a reliable resource for emerging … [More]
California Firm Acquires Metro Phoenix Industrial Park for $38 Million
inbusinessPHX.com
Newport Beach, CA-based BKM Capital Partners, a vertically integrated institutional fund manager, acquired Mesa Ridge Business Park in Metro Phoenix for $38,350,000. The 153,000-square-foot light industrial park includes seven buildings in North Mesa and was sold by Mesa Ridge Business Park I, LLC, a company formed by Randall Investment Group, Michael Wilson, and Eric … [More]
3 Real Estate Investment Tips for High Passive Income
inbusinessPHX.com
Real estate has unique benefits thanks to its ability to use leverage and the opportunity for passive income to grow over time. While you certainly need some capital upfront to get to the $50,000 mark, here are three simple ways you can do it. A luxury real estate agent with RETSY can dive into tips like: · Buy a long-term rental property: You can raise rents to match … [More]
Are You in Fear of Failure? How a Shift in Mindset Can Change That
inbusinessPHX.com
As a teenager, Steven Spielberg longed to attend one of the prestigious film schools at UCLA or USC, where he hoped to create the foundation for a future career as a movie director. Unfortunately for Spielberg, these top-flight universities saw only poor high school grades and no potential, so they rejected him – multiple times. As a backup plan, he enrolled at California … [More]
Stressed Out Financially? 3 Tips to Reduce the Worries
by John L. Savarino
A perfect storm of world events is understandably triggering financial stress in the vast majority of Americans. In a recent survey by the American Psychological Association, more than 80% of U.S. adults said they were feeling increased financial stress due to: Higher inflation (87%) Ongoing supply chain issues caused by the pandemic (81%) Global uncertainty due to … [More]
How Taking a Self-Inventory of Your Health Could Save Your Life
inbusinessPHX.com
A recent WebMD survey found that many adult Americans know astonishingly little about their own health. For example, 39 percent were flummoxed when asked if they knew their blood type. Only about one-third said they know a lot about their family’s health history, and a quarter said they know little or none of it. That’s concerning because the more that people know about … [More]
5 Benefits Leaders Will See with New Employee Accountability Mindset
inbusinessPHX.com
With consumers besieged by high inflation, soaring gas prices and rising interest rates, more businesses may start feeling the brunt of these economic pressures, which makes getting the best results they want out of their employees as important as ever. But how can leaders hold their teams accountable in ways that drive performance without driving people away? After all, … [More]
How Can Company Leaders Develop New Ones? Tips They Can Give Recent Grads
by Barbara Bell
Company leaders who are welcoming recent college graduates to their organization see themselves in the young faces walking in the door. Like these new graduates, C-suite executives and department managers once made the challenging transition to the corporate world, taking their first professional job with a combination of optimism, excitement and nervousness. When they were … [More]
Should You Create an LLC for Your Rental Property?
by Kyle Wallace
Whether you currently own rental properties or are a homeowner contemplating leasing your own home or purchasing a rental property, it's important to consider how you should protect yourself. One of the more popular options is to create a Limited Liability Company (LLC) and transfer ownership of that property into the LLC. The Application Process Creating an LLC involves … [More]
EN NEGOCIOS: Las pequeñas empresas propiedad de latinos enfrentan obstáculos para acceder al capital para hacer crecer sus negocios
por Edgar R. Olivo
EN NEGOCIOS: Las pequeñas empresas propiedad de latinos enfrentan obstáculos para acceder al capital para hacer crecer sus negocios El acceso al capital está frenando las empresas propiedad de latinos, según una encuesta reciente publicada por la Reserva Federal de los Estados Unidos. Los latinos tienen tres veces más probabilidades que la población general de iniciar un … [More]
Latino-Owned Small Businesses Face Hurdles in Accessing Capital to Grow their Businesses
by Edgar R. Olivo
Access to capital is holding Latin-owned business back, according to a recent survey released by the United States Federal Reserve. Latinos are three times as likely as the general population to start a business, but cultural and economic factors have hampered the growth of Latino-owned businesses at a cost of trillions of dollars. The path to access capital has many … [More]
The Underdog Effect: 5 Ways to Overcome and Win
by Darren LaCroix
What’s your favorite underdog story? Why did you root for them? Whether it is a small company up against a big company or dynasty sports team against the Bad News Bears, you know the stories. You’ve probably seen countless times in every sports history, from the Pirates defeating the Yankees in 1960 to the 1980 USA Olympic Hockey team. Hollywood even makes movies about the … [More]
5 Tips on How to Stay in the Spotlight at Work
by Phil Cord
For many people, trying to be successful at work feels a lot like chasing the spotlight. However, sometimes even if you’re doing your best to add value to your organization and contribute to its growth, you might find it challenging to step into the spotlight and stand out from the crowd. Fortunately, there are different ways to help you build up your confidence to achieve … [More]
Could You Give Your Staff This ‘Work Anywhere’ Freedom?
inbusinessPHX.com
Bosses in the East Valley are being asked if they can give their staff freedom to genuinely work anywhere, any time – including in another country. It’s after AirBnB’s boss set five remote work rules that apply to all its staff. They now have huge freedom to choose exactly where they work. “These rules are simple and very attractive for their staff. But I’m not sure how easy … [More]
How to Turn the Great Resignation into a Great Employee Retention Strategy
inbusinessPHX.com
Given the huge numbers of workers who have left their companies during the Great Resignation, employee retention strategies arguably never have been more important. When high-quality workers exit, it’s costly for companies to replace them. And high turnover is exacerbated when there’s a dropoff in talent and productivity. That could happen during the interim interviewing … [More]
How to Develop Better Discipline That Sets the Tone for Success
inbusinessPHX.com
What sets highly successful people apart from others? Searching the internet for the secret sauce results in many characteristics and theories. But a man who’s spent 50 years as an accomplished CEO and mentored leaders across numerous industries believes the common denominator is discipline. “All the leaders I know are highly disciplined,” says Warren Rustand, the … [More]
