How to Track and Update Assets during a Rebrand

by Brian Bekins

Your brand is more important than ever, especially for an organization seeking to be recognized over an expanding number of marketing platforms and sales channels. Shifts in the market, mergers and acquisitions, and other company changes also drive brand updates. It’s why 75 percent of companies have undergone a rebrand since 2020. The reasons why a company may choose to … [More]

What Are Some Benefits of Executive Coaching?

by John Waters

When it comes to starting a business or leading an existing one those at the top are under a lot of stress to perform. Many business leaders turn to executive coaches to help them undertake the daily tasks of leading and growing a company. Executives are looking for help with leadership, dealing with change, stress and many other issues. This is where hiring an executive coach … [More]

How a Quick Assessment Can Propel Your Company’s Growth and Success

by Matt Blanton, Nick Scarabosio and Corwin Smith

In today’s rapidly evolving business landscape, staying ahead of the curve is beyond important and crucial for long-term success. As a business owner or entrepreneur, you understand the importance of consistent improvement and growth. By performing a business analysis, you organize your strategy and strengthen your ability to achieve your overarching goals. There are many … [More]

Cybersecurity Training for Employees Is the Most Popular IT Investment among U.S. Companies, Says Survey

inbusinessPHX.com

Cybersecurity training for employees, as well as the purchase of cybersecurity solutions/services (61% each), are the most popular IT investments among US businesses this year, according to the newest research by NordLayer, a network security solution for businesses. The majority of US companies (67%) have in-house cybersecurity specialists to take care of that, while 24% … [More]

Compensation Eases in June; Finding Qualified Workers Remains a Challenge for Small Businesses

inbusinessPHX.com

Seasonally adjusted, a net 36% of owners reported raising compensation in June, down five points from May and the lowest since May 2021. A net 22% of owners plan to raise compensation in the next three months, according to NFIB’s monthly jobs report. “The labor force participation rate remains below pre-COVID levels, which is contributing to the tight labor market … [More]

Commercial Chapter 11 Filings Increased 68% in the First Half of 2023

inbusinessPHX.com

The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Individual Chapter 13 filings increased by 23 percent during the same period. Overall commercial … [More]

Gather, GROW and Refill Your Team’s Energy Tank with These Four Steps

by Laurie Guest

There’s never a perfect time to pause your day-to-day work and focus on the internal team, but when you do make the effort, the dividends are immediate. Setting aside an hour, a half-day, a two-day retreat or anything you can manage as a team will provide the opportunity to gather together, grow as a team and refill your collective energy tank in order to bust out of service … [More]

The Hidden Costs of Hiring

by Aubrey Stark

Hiring a new employee is an essential but costly process for any business. Beyond the initial salary negotiations and contract signings, there are numerous hidden expenses that can significantly impact a company's resources and time. According to a report by the Society for Human Resource Management (SHRM), the average cost per hire in 2022 was $4,700. This figure, however, … [More]

An Ugly Firing Isn’t Inevitable: How to Turn Things around with a Problem Employee … Starting Now

by Gary Harpst

The warning signs are all there. Your employee (let’s call him Jeremiah) is calling in “sick” a lot more than seems plausible. He’s missing performance goals. Even worse, more than one customer has complained about his attitude. To your dismay — because letting someone go is one of the most painful tasks a leader ever must do — it’s starting to look like an ugly firing is … [More]

Housing Market Slowdown Across U.S. Starting to Affect Upscale and Western Markets More Than Others

inbusinessPHX.com

ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report spotlighting how the recent downturn in the U.S. housing market is starting to affect counties around the nation, based on key measures from the first quarter of 2023. The report shows that the Western region and other more-upscale areas around the country are … [More]