Phoenix Business Journal | Haller/Hern Op-ed: This Tax Day, Congress can offer tax relief for small businesses
Arizona is Open for Opportunity and We’re Celebrating
By Daniel Seiden and Matt Haller
If America is the Land of Opportunity, then Arizona is opportunity’s leading Southwestern outpost. Entrepreneurs and startups are flocking to Phoenix, Tucson, and other cities across the state, attracted by warm winters and even more so by a welcoming business climate.
In fact, the Grand Canyon state is consistently rated highly as a business investment destination, including a Top 5 Best States for Business ranking for 2023. Arizona notched 4th place in the nation last year for small business growth and has consistently been one of the top states for franchising.
According to the International Franchise Association’s (IFA) newly released Franchising Economic Outlook, it is projected that 425 new franchised businesses will open in Arizona in 2024, creating over 5,500 new jobs. That means over 200,000 Arizonans will be employed by 18,559 franchise small businesses in the state.
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What more people need to understand is that franchised businesses are locally owned and independent, just like any Main Street mom and pop. Many people grab a morning coffee at Dunkin’, for example, without knowing that a neighbor, probably right around the corner, owns and operates, worries and strives, to make that business a success. Franchises are also much more than just fast food – they’re everything from tutoring to car repair to home health care and more.
Read more in the Phoenix Business Journal here.
Daniel Seiden is the president and CEO of the Arizona Chamber of Commerce and Industry, and Matt Haller is the president and CEO of the International Franchise Association.