February 2009 Archives

Multi-Million Dollar Renovation Begins on 2 Medical Office Buildings in Mesa

Broadway Health Center, 6550 Broadway, Mesa
by in Business News | Construction

  Renovations have begun on Baywood Health Center and Broadway Health Center, two, 2-story medical office buildings in Mesa across the street from Banner Baywood Hospital. Archway Holdings Corp. of Beverly Hills, Calif., which purchased the properties in February 2012, is implementing significant exterior and interior upgrades. Improvements to the properties include a complete redesign… Read More →

Companies Need To Start Thinking About Converting To International Financial Reporting Standards

world currency

More than 100 countries have already adopted or base their own accounting standards on International Financial Reporting Standards (IFRS). Last August, the Securities and Exchange Commission approved for public comment its long-awaited proposed roadmap for the eventual use of IFRS by U.S. companies. The proposal foresees that early adoption of IFRS could happen as soon… Read More →

During Hard Economic Times, Executive Education Helps Workers Keep Marketable Edge

executive education

It may be hard to believe, but in tumultuous economic times, executive education is somewhat recession proof — at least as far as employees are concerned. People who have lost their jobs have more time to go back to school, while those who are still employed may feel the need to enhance their skills. University… Read More →

Fogo de Chão Brings The Taste Of Southern Brazil To Scottsdale

Fogo de Chao Tableside Gauchos
by in AZ Business Magazine | Dining

Let’s get one thing straight at the outset: If you don’t eat meat for whatever reason, Fogo de Chão, Scottsdale’s newest eatery, is simply not for you. Sure it has a nice salad bar (more on that later), but Fogo de Chão is a steakhouse — end of story. Well not quite. Fogo de Chão… Read More →

Q&A: Michael Bidwill, President, Arizona Cardinals

Michael Bidwill Arizona Cardinals

During these difficult economic times, how vital is an organization such as the Greater Phoenix Economic Council (GPEC) to the local economy? GPEC is vitally important because it is the only regional organization focused exclusively on bringing new business to Greater Phoenix. Because GPEC works closely with companies considering expansion to the region, they know… Read More →

Arizona Businesses That Are Succeeding Despite The Recession Offer Lessons And Hope

Arizona Businesses Succeeding
by in AZ Business Magazine | Economy

Economists are the uncomfortable bearers of bad news. In recent weeks, they have been unhappily explaining that these are dark days indeed for Arizona’s business community. But don’t tell that to businesspeople who have uplifting stories to tell amid the downdraft of Arizona’s recession. While it’s true that Arizona’s economy is out for the count,… Read More →

Social Networks On Internet Pose Challenges And Opportunities For Businesses

Social media

Instinct: Nearly every decision a person makes in his or her lifetime can in some way be tied to an instinctual reaction. One of the most primal of instincts is survival and the key to our evolutionary climb has been the instinct to live in groups or the herd mentality. The instinct is simple —… Read More →

Color Repro Consulting

Lisa Nisleit of Color Repro Consulting

Lisa Nisleit Color Repro Consulting Title: President Est.: 2001 | www.colorrepro.com Lisa Nisleit was working for a large format printing company in 2001, when a client suggested she branch out on her own. She liked what she was doing and her accounts were satisfied with her performance, but Nisleit was frustrated that all the services… Read More →

As Commercial Real Estate Sector Prepares To Be Hit By Recession, Leaders Should Become Proactive

wood beam

The headlines today have focused on the bailout of the banking industry and the housing market’s severe contraction. Not a lot of attention has been paid to the commercial real estate sector. As with all business cycles, there is a flow-through to the various sectors. The fact that we have lost more than 1 million… Read More →

Arizona Businesses Brace For Greenhouse Gas Regulations Under Western Climate Initiative

Earth and climate change

As the Arizona Legislature convenes, a Democratic governor heads to Washington, and a Republican governor takes the reins, state businesses find themselves deeply concerned about what will happen to Arizona’s environmental policy and the consequences associated with these unprecedented and troubled economic times. Many legislators want Secretary of State Jan Brewer, who soon will take… Read More →

Financial Institutions In Arizona Are Expected To Receive Bailout Money

Financial Institutions Receive Bailout
by in AZ Business Magazine | Economy | Finance

While most of Arizona’s state-chartered banks were mulling over their options for federal assistance late last year, Uncle Sam was injecting billions of dollars of new capital into national banking companies with Arizona subsidiaries. The question is whether any of that money from the Department of the Treasury’s $700 billion Troubled Asset Relief Program (TARP)… Read More →

First Job: Philip Francis

Philip Francis Chairman and CEO, Petsmart

Philip L. Francis Chairman and CEO, Petsmart Describe your very first job and what lessons you learned from it. I’m going to give you two. I grew up on a farm, so the first thing I remember is cleaning up barns and building fences and bailing hay, and I worked for room and board. What… Read More →

New Product By Valley Company Offers Innovative Way To Treat Wounds

Healing Powers
by in AZ Business Magazine | Healthcare

Bandages have changed very little over the years, but a new wound-care treatment called Prosit, developed here in the Valley, is shifting that paradigm. Prosit is a single-layer polyester fabric dressing that covers a wound like a bandage. But when moistened, it generates a micro-electric current that kills microbes — bacteria, viruses, fungus, mold, yeast… Read More →