Phoenix / Scottsdale / Glendale
Metro Phoenix is a top spot in the U.S. for small business formation. Small business opportunities persist in Phoenix due to the rebounding economy, favorable climate and entrepreneurial culture. These economic attributes attract many transplanted residents from other areas. Although new home construction fueled the Phoenix and Arizona economies until the housing bubble burst in 2008, the area has recovered by diversifying its economy to include more manufacturing and healthcare businesses.
Manufacturing is among Phoenix's largest industries, as well as the production of computers and other electronic equipment, missiles, chemicals, and processed foods. Phoenix Valley is filled with smart entrepreneurs. PHX Startup Week, started by entrepreneurs for entrepreneurs, is a week-long, Valley-wide showcase and celebration of Arizona’s entrepreneur community. Startup Week began in 2015 to foster an encouraging environment for current and future Arizona entrepreneurs. It's goal is quality content and meaningful connections.
Most small business aren't ready for bank financing. And angel or venture capital will only dilute your ownership in the business. Invoice factoring is a wonderful opportunity for young start-ups with growing sales to achieve financial success without plunging into debt or giving up hard-earned equity. Factoring companies also provide valuable business advice and assistance.