The U.S. labor shortage remains problematic for many employers, and a skills gap is exacerbating the situation as companies struggle to find employees who fit their needs. According to McKinsey & Company, 87% of companies worldwide acknowledge either a current or future skills gap. As people seek a new position or advancement in the wake of the Great Resignation, Great … [More]
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The Importance of Managing Stress without Alcohol
by Dr. Tara Ostrom, Medical Director for Optum
We all have stress in our lives. Whether it’s a demanding job, juggling responsibilities at home or simply dealing with the challenges that life inevitably brings. In recent years, living through the unprecedented uncertainty of the COVID-19 pandemic, as well as other global external factors, have compounded this stress. According to a recent American Psychological Association … [More]
EN NEGOCIOS: Inflación: 7 consejos para ayudar a las pequeñas empresas a superar la inflación
por Edgar R. Olivo
Ser propietario de una pequeña empresa durante los últimos dos años ha venido con una serie de desafíos, y ahora con una inflación creciente. De acuerdo con la Oficina de estadísticas laborales, la inflación de EE. UU. subió a un nuevo máximo de cuatro décadas del 8,5 % en marzo con respecto al mismo mes del año anterior, impulsada por el aumento de los costos de la energía y … [More]
Inflation: 7 Tips to Help Small Businesses Ride Inflation
by Edgar R. Olivo
Being a small business owner during the last two years has come with its set of challenges, and now rising inflation. According to the Bureau of Labor Statistics, U.S. inflation surged to a new four-decade high of 8.5% in March from the same month a year ago, driven by skyrocketing energy and food costs, supply constraints and strong consumer demand. These new challenges … [More]
How to Use the Right Side of Your Brain to Build Relationships with Your Team
inbusinessPHX.com
Being an effective leader requires numerous attributes, but which side of the brain is most important in connecting with today’s workplace? One thing seems certain: Leaders using one hemisphere of their brain almost exclusively may not command the room like they used to. Though business leadership for decades has leaned toward left-brain thinking – the analytical, … [More]
New Social App Combines Reality with Risks
by Aaron Jones
Applications like BeReal and TikTok are often in the news due to security concerns, but most users are ignorant to the dangers posed by these tools. TikTok was released in September of 2016 and BeReal started sometime in January of 2020. Both applications encourage users to create media of their immediate surroundings and collects a phenomenal amount of data from … [More]
The Pandemic, Ukraine, And Inflation: How We Got to the New Normal Economy
by Tom Siomades, CFA
Will we ever get back to normal? Or, are we stuck in the new normal for an extended period? Economically speaking in the U.S., the answer to the first question is “hopefully,” and to the second question, “probably.” In the wake of the two-year COVID-19 pandemic’s massive effect on the global economy, Russia’s recent invasion of Ukraine has added another seismic shock to … [More]
Capitalizing on the Crazy Real Estate Market – with or without Upfront Cash
inbusinessPHX.com
The real estate market continues to experience skyrocketing prices and lower-than-normal inventory, leaving a general state of frustration and confusion in its wake. But despite these unsettling times, real estate as an investment remains a good option, even for people who aren’t flush with cash, says Toby Mathis, a tax attorney and ForbesBooks author of Infinity Investing: … [More]
Leaders Undermine Their Own Authority When Words and Actions Are at Odds
by Barbara Bell
Employees can’t help but grumble when the boss claims to value work-life balance, but then works well into the evening each day, firing off late-night emails with the expectation they be answered by morning. Their morale plummets and they start updating their resumes when managers insist on top-notch results from everyone – everyone except the managers themselves, that … [More]
Tax Season Is Here! 7 Tips to Prepare Your Tax Return for Your Small Business
by Edgar R. Olivo
Tax season is here, and it is one the busiest times for small business owners and tax preparers to get these important financial responsibilities done. Keeping good financial records is a recipe for success for every small business. But small business owners have many other priorities, and a good financial regimen will ensure tax season is not as hectic. From hiring the … [More]
EN NEGOCIOS: ¡La temporada de impuestos está aquí! 7 consejos para preparar su declaración de impuestos para su pequeña empresa
por Edgar R. Olivo
La temporada de impuestos está aquí, y es uno de los momentos más ocupados para que los propietarios de pequeñas empresas y los preparadores de impuestos cumplan con estas importantes responsabilidades financieras. Mantener buenos registros financieros es una receta para el éxito de todas las pequeñas empresas. Pero los propietarios de pequeñas empresas tienen muchas otras … [More]
How Local Businesses Can Get In on New Federally Funded Arizona Infrastructure Projects
by Alexis Glascock
Arizona will receive $12.8 million flowing from the $1.2 trillion Infrastructure Investment and Jobs Act (Act) to help the state recover from three major wildfires. Arizona’s water authority also recently received $18.5 million The new funding will support the creation of wastewater treatment plants, water pipelines, flood detention and filtration treatments for rural and … [More]
Decisions! A 7-Step Process to Help Entrepreneurs to Make Good Choices
by Edgar R. Olivo
Entrepreneurs make a lot of daily decisions to lead their business to success. Some decisions are so simple that the entrepreneurs are barely aware they are making them, while others are time-consuming, high-risk, and can leave them feeling anxious. Decisions can make or break a project or an entire business. And they often involve complex and unpredictable interpersonal … [More]
EN NEGOCIOS: ¡Decisiones!: Un proceso de 7 pasos para ayudar a los emprendedores a tomar buenas decisiones
por Edgar R. Olivo
Los emprendedores toman muchas decisiones diarias para llevar su negocio al éxito. Algunas decisiones son tan simples que apenas se dan cuenta de que las están tomando, mientras que otras requieren mucho tiempo, son de alto riesgo y pueden hacer que se sientan ansiosos. Las decisiones pueden hacer o deshacer un proyecto o un negocio completo. Y a menudo también involucran … [More]
When Global Events Disrupt Markets, Remain Alert to Opportunities
by François Sicart
The images flicker across our TVs, laptops or phones every day. Russia’s war in Ukraine continues. Some Ukrainian civilians flee while others take up arms against the invaders. The United States and other NATO nations contemplate how to help the Ukrainians without escalating the conflict into another world war. And all the while inflation remains high, supply chains face … [More]
It’s Time to Reevaluate Your e-Commerce Presence…Again
by Ville Houttu
Early 2020 brought an onslaught of many adjustments for obvious reasons. Many companies and small businesses made a mad dash to establish or enhance their e-commerce presence to stay afloat amidst the pandemic and the data certainly reflected the rapid shift to online shopping. According to Forbes, during May 2020 total online spending was up $82.5 billion, up 77% from the … [More]
Are To-Go Alcohol Sales Still Boosting Bottom Lines for Business?
by Brianna Pacelli
After two years of fewer diners and lost revenue, the permanent ability to still sell liquor to-go is helping restaurants rebound from the COVID closures. The nationwide lockdown in March 2020 forced many restaurants to temporarily close, alter business plans or shut down entirely. As pandemic uncertainty grew, Arizona Gov. Doug Ducey signed an executive order allowing the … [More]
Are You Reaching Today’s Customer? Keys to a Great Multichannel Marketing Strategy
inbusinessPHX.com
Getting customers in the door means first getting, and keeping, their attention. As consumers have moved more toward e-commerce, the challenges for digital marketers have become greater, but so have the opportunities. Marketing to a target audience is more complex today, but the evolution of technology has opened numerous doors to reach consumers effectively through … [More]
