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Latest Posts - Columnist Spotlight
Sales up, income down
Reading the latest business news, you might be surprised to find articles highlighting large corporations with increasing sales and decreasing income. This prompts the question, how is it possible for a company to sell more but make less? Business managers often assume if the company can increase its sales, it … [Continue Reading]
Phoenix Public Market boosts micro-businesses
Micro businesses may be small, but they pack a big punch. Though defined as businesses with less than five employees, www.microexec.com reports that micro firms “represent a staggering 99.7percent of all the employer firms in the country.” That means more than half of all private-sector employees work for micro firms … [Continue Reading]
Do we have a clue of what financial stability is?
It’s been nearly 5 years since we experienced the “Great Recession” and still we struggle to find the answers to stabilize the markets. Since the recession we have experienced stricter bank regulations, continued government spending, high unemployment, struggling homeowners, and consumer confidence is still low. The crisis was tragic and … [Continue Reading]
Visa reform needed to move country forward
And so it begins. After six years since the last substantive debates over immigration reform, the Senate Judiciary Committee last week began hearings on the Border Security, Economic Opportunity and Immigration Modernization Act, the title of the legislation borne out of the months-long work of the bipartisan Gang of Eight, … [Continue Reading]
How to improve your collections efforts
Collections may not be every business owner’s favorite task however, maintaining an effective collection strategy is essential to running a successful business. Traditionally, collection departments focus on the clients with the most dated debt, as opposed to the clients with newly formed debt. This strategy may seem logical, but resourceful … [Continue Reading]
Secrets to a successful client-agency partnership
Unlike the scenes we all love in Mad Men where account execs spend the day wining and dining clients and brainstorm sessions are always accompanied by cocktails, enlisting the expertise of an agency is serious business. And like any partnership, the better the communication, the more successful the relationship and … [Continue Reading]
Creating high performance schools
A central part of this year’s state budget debate is over Governor Brewer’s Performance Funding proposal for district and charter schools. Her plan helps ensure that tax investment in our schools yields measurable results. Employers from across the state have fought against across-the-board cuts to our K-12 system, and we’ve … [Continue Reading]
Let the Sun Set on Debt Trap Loans
In 2008, more than 1.2 million Arizona voters said no, by a 2-to-1 margin, to triple-digit interest rates and special exemptions from the state’s usury laws for payday lenders by rejecting Proposition 200, which would have permanently legalized 300% APR payday loans in Arizona. Since then, through bi-partisan efforts, the … [Continue Reading]
3 Reasons the Bank Says No
If your application for a small business loan has been denied, you are not alone. In fact, only about 10 percent of the small business borrowers who apply at the bank leave with a loan. Although the bank may give you a song and dance about why you were denied, … [Continue Reading]
Guayule could drive Arizona’s economy
It’s common knowledge that America’s largest import is oil, but do you know what’s second? Hint: it’s a commodity used for tires, hoses and thousands of household products. The United States imports 100% of it’s natural rubber from the Hevea tree grown in nations like Indonesia, Thailand and Vietnam. Once … [Continue Reading]
Shine coming off the Golden State
The Tax Foundation in its 2013 State Business Tax Climate Index tells us something most of already know: California has high taxes. Really high. In its state-by-state rankings, California checks in at 48, duking it out with New Jersey and New York at the bottom of the barrel. Breaking out … [Continue Reading]
Grand Canyon-sized tax reform
The recent Grand Canyon Institute report “The Effects of Tax Reductions In Arizona: Significantly Reduced Government Revenue and No Apparent Impact on Economic Growth,” dismisses the bipartisan efforts to improve Arizona’s tax competitiveness over the past two decades and defies common sense. Does anyone really believe that Arizona would be … [Continue Reading]