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 

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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

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"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

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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

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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]

Housing Markets in the West Cooling Quickly, Including Phoenix

inbusinessPHX.com

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]

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

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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]

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