My own experience working with many buyers and sellers — as well as learning from his own mistakes as a buyer and seller — have helped me recognize some major points that business owners should consider if they are serious about putting money into their pocket rather than having it taken out. If at all possible, always sell your business when it is doing well. By doing good, … [More]
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Global Hiring Experiences Mixed Recovery as Demand Patterns Impacted by COVID-19
GlobalData
COVID-19 has impacted hiring across all industries globally according to the latest findings by GlobalData, a leading data and analytics company. While trends were positive for most of Q1 2020, the severe impacts of COVID-19 in Q2 have resulted in job posting declines. While Q3 brought some respite with a resurgence in hiring, the trends are not consistent across sectors, … [More]
The Essential Guide to Low-Cost COVID-19 Care
by Dr. Kishlay Anand
Until a vaccine is developed and distributed, COVID-19 will remain a substantial threat of rapidly transmitting from human to human. As a result, addressing cost concerns surrounding testing is essential. Cost is a fundamental component to care access, and Arizonans need to feel that seeking a test isn’t financially prohibitive. A Gallup study published in late April noted … [More]
How to Prevent Political Discussions from Polarizing Your Workplace
inbusinessPHX.com
Much has been written about political polarization in the U.S. and how a heated political climate has drawn a line in the sand between voters. But heading into the 2020 presidential election, self-censorship also is on the rise – including at the workplace, where some people fear sharing their political views. Nearly a third of employed Americans worry they could lose their … [More]
How Strong Is Your C-Suite Bullpen? Preparing the Next Generation of Leaders
inbusinessPHX.com
About $350 billion a year is spent on leadership development, but many companies aren’t getting much bang out of their buck. Studies indicate that lots of senior executives don’t think the next wave is prepared well enough to assume larger leadership roles. With many companies in a transitional phase, either due to people retiring or radical changes prompted by the COVID-19 … [More]
How to Stop Toxic Leadership from Spreading a Virus in Your Company
inbusinessPHX.com
Toxic workplaces sometimes start at the top. Difficult, abrasive leaders can create a culture of tension, fear, and abusive behavior at every organizational level. Those types of leaders may produce results, but their actions also lead to dysfunction and employee turnover. Ending the pattern of toxicity starts with companies recognizing red flags, coming up with new … [More]
5 Tips to Focus Your Company’s Transformation as COVID Forces Change
inbusinessPHX.com
While the recession caused by COVID-19 has wreaked havoc on businesses of all sizes and industries, some are finding new ways to run daily operations, reach customers, re-shape their business, and stay relevant. But others are still trying to figure out how to transform, and an expert in the field says that launching a transformation begins with setting the right … [More]
Their Take: Failure to Adjust for Inflation Makes Prop. 208 Destructive
NFIB
The threat to Arizona small businesses posed by Proposition 208’s 77.7% income tax increase will only grow each year due to the initiative’s failure to adjust to annual inflation increases, warned the state’s leading small-business association today. “Without an annual inflation adjustment, Proposition 208 goes from bad to worse,” said Chad Heinrich, Arizona state director … [More]
How to Learn a Company’s Unwritten Office Rules when There’s No Office
inbusinessPHX.com
Not every workplace rule, tradition or general way of doing things appears in the employee handbook. Newly hired employees often must figure out on their own how a company’s culture really operates, and how to maneuver within “unwritten rules” to move up in the organization. Now, with remote work that COVID-19 forced on so many businesses, that daunting transition from … [More]
4 Make-or-Break Customer Service Skills and How to Find Them
by Ken Crowell
Poor customer service costs American businesses billions each year, while companies with friendly and attentive employees keep customers and attract new ones. Customer service personnel are the first point of contact with your company and can make or break your business. According to Ken, some of the top skills to look for include: Patience/Grace Under Pressure: Customers … [More]
Smart Search Enables Work From Home Efficiencies
SearchBlox
Before the COVID-19 pandemic, enterprise employees spent an average of 1.8 hours every day searching for the information and data they need to do their jobs. Now that they're physically separated from teammates and collaborators, finding that information is harder than ever. After all, prior to the pandemic only about 15% of U.S. employees worked from home and only some of … [More]
Considering a Career Change Amid COVID? Consider an Essential Service Career
by Kassidy McDonald
Arizona’s jobless rate stands at 10.6 percent as of July 2020 and many unemployed in the state are left considering if they should continue to apply for jobs in their industry of expertise or begin to contemplate an impactful career change. Many essential service businesses, like engineering consulting firm Alta Southwest, have seen incredible growth throughout the pandemic and … [More]
The Team You Will Need to Close a Winning Deal and Sell Your Business
inbusinessPHX.com
For many entrepreneurs, selling a business is a one-time event, so it’s important to do it right. Getting the best price for the business can be a complex journey, involving many factors outside the seller’s range of knowledge. But it starts with hiring the right team of professionals – while keeping in mind that the wrong hires might be people with whom the seller has long … [More]
New Study: Work From Home Forever? COVID-19 Challenges the Traditional Office and Hints at a Future of Remote Work
Clutch
Stay-at-home mandates closed offices and stopped commutes for many, but new data from Clutch, the leading B2B ratings and reviews firm, reveals that 55% of employees would feel safe returning to their office. In contrast, only 32% of workers would feel unsafe going back to work. While this data suggests that employees are ready to return to business as usual, they are … [More]
Podcasts Can Make or Break a Brand; Maximize Your Exposure and Become an Influencer
inbusinessPHX.com
When you have an industry that generates ad spending in the billions of dollars and that reaches almost 106 million Americans every month, any businessperson would jump at the chance to have exposure there. That industry is podcasting and being a guest can boost one’s reputation and brand. However, doing it right isn’t always a foregone conclusion. Sky Cassidy, co-host of the … [More]
Study: CEOs with Uncommon Names Tend to Implement Unconventional Strategies
Rice University
If you’re looking for an unconventional approach to doing business, select a CEO with an uncommon name, according to new research co-authored by an expert at Rice University's Jones Graduate School of Business. “Using 19 years of data on 1,172 public firms, we show that firms’ distinctive strategies are systematically linked to their CEOs’ uncommon names,” wrote co-authors … [More]
Virtual Chandler Chamber Community Awards Honoring Chandler’s Businesses, Educators, Public Servants and Community
Chandler Chamber of Commerce
It’s a virtual party and the Chandler Community is invited! The Chandler Chamber of Commerce is honoring Chandler’s businesses, educators, public servants and community members at the 33rd annual Chandler Chamber Community Awards to be held live, and virtually broadcast on Facebook and YouTube, September 23rd at 4 pm. Presented by Gila River Hotels and Casinos, and hosted by … [More]
Communicating Compassion to Customers in Tough Times Six Connections Suggestions for Showing Empathy
by Kate Zabriskie
Hi. This is Trish with Copytech and we’re running a special on ink I thought you might be interested in. Really, Trish? Our business is down so much that we’re barely making copies right now. Thanks for being tone-deaf. No, I don’t want to hear about your specials. In February you had expressed interest in our trust platform for reviews. Now is the perfect time to pick … [More]
