When Is a Strategy Not a Strategy?

by Rich Horwath

Make no mistake — bad strategy can literally kill a company. In a 25-year study of 750 bankruptcies, researchers found that the No. 1 cause of bankruptcy was bad strategy. And anyone who has worked for a manager who didn’t have sound strategies knows all too well the frustration of drifting aimlessly with no strategic… [More]

For Best Results in Business, Think Like a Designer

by Michelle Eichner

Most business leaders don’t need to be professional designers to effectively think like one. Thinking like a designer, otherwise known as design thinking, is a process that should be leveraged by all business professionals due to its effectiveness for big-picture planning. Design thinking is a ubiquitous process that allows companies to put themselves in a… [More]

Why Small-Business Assets Matter

by Susan Talbott

When getting to know small-business owners, financial planners typically ask about their company’s value at that point in time. Unfortunately, many times, their first inclination is to share their latest bank statement or the amounts of various checking, savings and investment accounts owned by the company. While these are terrific indicators of cash-at-hand value, for… [More]

It’s Lonely at the Top – and at the Start

by Amber Miller 

According to Richard Branson, the billionaire CEO and founder of Virgin Group, “If you really want to grow as an entrepreneur, you’ve got to learn to delegate.”  Starting a business — managing clients, networking, trying to balance long work hours with family life — can be a daunting task. But more and more people in… [More]

Menacing Mistakes on Social Media

by Rachel Strella

Social media marketing was once relatively new and mysterious and many just weren’t sure how to effectively use it. Today, it’s a much different story. The online world has changed dramatically and we see widespread use — and misuse — of social media by businesses all the time.  Organizations of all sizes and in all… [More]

Use Document Management to Conquer HR Challenges

by Jesse Wood 

Human resources managers are playing a growing role within business expansion; more than ever, they are expected to weigh in on company decisions with executive teams, engage in strategic planning, and foster employee wellness in a world of workers overwrought by personal problems. An HR document management tool can simplify these challenges. As if these… [More]

Make Internal Comms Fun

by Susan Bowden 

Most employees dread the “Company Update.” Newsletters and messages often gather dust in staff members’ inbox — unopened and unloved. When this happens, chances are the business has a case of boring comms.  Gone are the days when internal communications were an afterthought, comprising a quick email sent to all staff — job done. Nowadays,… [More]

Tariffs: Up and Down the Arizona Craft Brewing Supply Chain

by RaeAnne Marsh

It may be stating the obvious to say that a tariff on any commodity will have a repercussion all along the supply chain it touches. Yes, that includes our favorite locally brewed beers. In Business Magazine spoke with Rob Fuller, executive director of the Arizona Craft Brewers Guild, to learn how President Trump’s recent tariffs impact… [More]

Businesses’ ‘Magnificent Seven’ Investments

by Baldwin H. Tom

Every day, businesses lose money by not understanding or leveraging their investments. When one considers the financials of organizations, it is clear that a significant portion of those investments are not captured in financial statements. Why? Because these are the people-side or soft-side intangible investments the accounting industry has yet to document. This may be… [More]

Five Cryptocurrency Tax Mistakes the IRS Takes Seriously 

by Steve Moskowitz

Since the release of Bitcoin in 2009, more than 4,000 alternative currencies have emerged in the decentralized banking market. For nearly 10 years, the IRS has sought to gain a foothold in what has since become a booming market with a rising number of participating asset holders. The recent Coinbase, Inc. case ruling makes it… [More]