Pine Bluff, AR (1888PressRelease)
August 04, 2007 - Arizona’s privately held businesses (so-called “small” businesses) are a rapidly expanding universe. To be more effective in providing management consulting and acquisition and divestiture brokerage services to them, the Arizona Business Center, LLC has relocated to the Scottsdale Airpark, the center of Arizona’s private business universe.
According to Arizona Business Center’s Managing Director, Robert Roth, Ph.D., “The Arizona private business universe is experiencing remarkable growth.” Factors that Dr. Roth notes are supporting that growth include:
• During late 2006, Arizona replaced Nevada as America’s fastest growing state.
• Small business is the engine that powers Arizona’s big economy. Recent U.S. Small Business Administration statistics indicate that small businesses may account for up to 97% of all employer businesses in Arizona.
• There is nothing small about a small business. As defined by the U.S. Small Business Administration, a small business may have up to between 500 - 1,500 employees, depending on the industry.
• The vigor of the Arizona economy is attracting third-party investment for small and mid-size businesses. Several highly leveraged debt options (such as SBA Loans) are also available.
• The marketplace for buying and selling Arizona businesses is active and growing. At any point in time there may be 3,000 or more owners actively seeking to sell. And for every owner looking to sell, there may be 20 or more buyers looking to buy.
The Arizona Business Center, LLC (www.AzBizCenter.com) supports the growth of Arizona’s privately held businesses through providing an integrated package of management consulting and acquisition and divestiture brokerage services. That package is known as the ABC ProfitPathTM. The Arizona Business Center is now located at 7949 East Acoma Drive, Scottsdale, AZ 85260. Their phone number is 480.306.6034.
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