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This week in The Enterprise
Monday, May 6, 2019
Utah successful in reducing burden posed by licensing
Utah has made huge strides in reducing the burden placed on businesses by occupational licensing requirements, according to a revised study from the Institute of Justice (IJ), a national nonprofit, public interest law firm. When the study was first released, Utah ranked 13th in t...
Church announces construction of downtown SLC office tower
It's been many years since Salt Lake City's State Street has seen a new high-rise building. That will soon change. City Creek Reserve Inc. (CCRI) has announced that it plans to build a 25-story office tower on the corner of State Street and 100 South to be named "95 State at City...
Utahns' economic optimism drops to lowest in a year
A dramatic drop in April in the way Utah consumers are feeling about their economic situation more than gobbled up all the gains that the Zions Bank Utah Consumer Attitude Index (CAI) has made in the past year. The index decreased 10.2 points to 112.3 in April, the lowest level s...
WTC Utah, China chamber, other groups to host Utah-China trade forum
A May 11 event in Salt Lake City will focus on trade and investment with China.World Trade Center Utah (WTC Utah) and several partners are presenting the Utah-China Trade and Investment Forum, part of its Thought Leader Symposium series, from 3-9:30 p.m. at the Little America Hot...
MarketStar opens downtown headquarters
MarketStar, a Utah-based marketer of outsourced sales services, has opened its new headquarters in the Washington Federal Building at 405 S. Main St. in Salt Lake City, bringing 135 jobs to downtown."This beautiful new downtown office is a great step into the next phase of our hi...
McConnell to head Parr Brown
The Salt Lake City law firm Parr Brown Gee & Loveless has named Robert A. McConnell as president of the firm. A member of the firm's transaction and real estate practice groups, McConnell has substantial experience in commercial financing transactions representing lenders, bo...
Atkinson receives Community Builder award
Pamela Atkinson, a longtime advocate for the homeless in Utah, has been named the recipient of the Salt Lake Chamber's inaugural Lane Beattie Utah Community Builder Award. The award, which will honor exceptional community leaders, is named for the former president and CEO of the ...
Attached homes help relieve home buyers' price pressure
A quarterly report from Metrostudy, a Salt Lake City-based housing research and analysis firm, has found that Utahns are finding relief from the high cost of housing by purchasing attached homes - those that share property and common walls with other homes. The study found ...
Smith appointed CEO of Orem's MITY
Tony R. Smith has been appointed CEO of Orem-based MITY Inc., a designer, manufacturer and marketer of durable banquet, meeting, event and dining furniture."Tony's rich experience is going to benefit us greatly in our efforts to create innovative new products and reach new m...
CORPORATE FINANCIAL REPORTS 5-6-19
The following are recent financial reports as posted by selected Utah corporations:HuntsmanHuntsman Corp., with main offices in Texas and Salt Lake City, reported net income of $131 million, or 51 cents per share, for the first quarter ended March 31. That compares with $350 mill...
What kind of drugs are you distributing to your employees?
By Richard TysonWhen I entered the room, I could tell that my CEO client was agitated. After customary greetings, I asked, "So, how is business?""Lousy!" he replied. "We're not hitting our numbers, and it's clear that no one around here really cares. Everyone is letting me down! ...
Succeeding in Your Buisness:Watch for these problems with buy-sell agreements
By Cliff Ennico I recently had the privilege of examining a volume of legal forms whose publisher wanted me to take over as general editor.I was generally OK with the corporation and LLC forms - that is, until I got to the chapter titled "buy-sell agreements." These agreements de...
Small Business
Small Business of the Year: Fernanda and Vivien Bohme, Bohme LLC
Fernanda and Vivien Bhme Bhme LLC Sandy Fashion-forward sisters find success in retail despite the challenges of brick-and-mortar The Utah SBA 2019 Small Business of the Year Award will be presented to Bhme LLC, a growing chain of 16 fashion boutiques, during the National Small B...
Director's Message: National Small Business Week celebrates the best of Utah's small businesses
By Marla Trollan Please join me and the U.S. Small Business Administration (SBA) Utah District Office in congratulating an outstanding group of businesses this year as we celebrate SBA National Small Business Week.The Utah Office has named its 2019 National Small Business Week Aw...
Women-Owned Business of the Year: Lynn Curtis, Children's Accademy Preschool
Lynn Curtis Children's Accademy Preschool Cottonwood Heights Children's Academy offers quality childcare with a solid foundation in early childhood development Lynn Curtis is the owner and managing director of Children's Academy Preschool in Cottonwood Heights. Her business has b...
Family-Owned Business of the Year: Julia Robinson & Jon Stewart, Honey & Grains Bakery
Honey & Grains Bakery Salt Lake City Doing what you love makes for a sweet life Julia Robinson has wanted to own a bakery for as long as she can remember. As a 15-year-old, she started working in the food and beverage industry and realized her passion for making deliciou...
CDCs and 504s for small-business financial health and wellness
By Lindsay Boulter Acronyms can be tricky. From "LOL" to "BRB," in today's text-centric communication paradigm, there are far too many three-letter acronyms we take for granted. But even before our language had been mass-reduced to three- or four-letter symbols, there was still a...
SBA Contractor of the Year: Sammy Fan, Enterprise Integration
Sammy Fan Enterprise Integration Salt Lake City Enterprise Integration: Solving Utah's small-business problems through cloud-based technology Sammy Fan, principal of Salt Lake City's Enterprise Integration, has been named U.S. Small Business Administration Utah District Offi...
SBA Growth Award: Brian Noguera, Maize Tacos
Brian Noguera Maize Tacos Salt Lake City Food truck success leads to brick-and-mortar restaurant The Utah SBA 2019 Growth Award will be presented to Maize Tacos, owned and operated by Brian Noguera, during the National Small Business Week Awards ceremony May 9 in Salt Lake C...
SBA Utah Advocate of the Year: Brandon Stoddard
Brandon Stoddard Director Hall Global Entrepreneurship Center Brandon Stoddard is a faculty member and director of the Hall Global Entrepreneurship Center in the John B. Goddard School of Business & Economics at Weber State University. He also manages operations for Community...
Tips for securing business loans and considering SBA options
By Greg Cassat Before diving into the sea of entrepreneurship, it's wise to take a step back and make sure you're ready to plunge. Preparing in advance can make a difference in securing a small-business loan. You'll also want to study up on loan programs through the U.S. Small Bu...
Rural Business of the Year: Colton Rasmussen, Rasmussen Custom Cabinetry
Rasmussen Custom Cabinetry Corrine Cabinetry business built on the backs of a solid team Colton Rasmussen is a charismatic, ambitious young man. He has built a successful cabinetry business from the ground up, starting from a creative idea to a full production cabinetry plan...
SBDC Network Team Member of the Year
Andrew Willis Director SBDC Kaysville Mentoring entrepreneurs for 30 years Andrew Willis has been enthusiastically menToring fledgling entrepreneurs for more than 30 years. He says it keeps him young. He has extensive experience in customer-focused product management, product dev...
SCORE Team Member of the Year
Louay Chebib Vice President SCORE Utah Louay Chebib is an IT and entrepreneurial jack of all trades. He currently works for himself as a technology consultant and teaches business and information technology for the University of Phoenix. He is a SCORE small-business mentor and vi...
Women's Business Center Team Member of the Year: Clancy Stone
Clancy Stone Business Advisor WBC Utah Women need to know their strengths Clancy Stone was an officer in the U.S. Army and then transitioned to corporate America, where she was often the only woman at the table. She realized women need a better understanding of their strengths an...
Online services can be a big help in launching your new small business
By Bahar Ferguson Technology has become the great equalizer throughout society. If you are able to advance with the technology, you are ahead of the game. This leveling of the playing field has been particularly beneficial to small businesses and startups.
Calendar Highlights
Calendar listings are provided as a free service to our readers. Information about upcoming events may be sent to brice@slenterprise.com. The submission deadline is one week before publication. See the full calendar.
Power Women Second Annual Women's Leadership Summit - May 8
Featuring a focus on high-performance leadership skills, communicating with credibility and leading by design. Location is AGC of Utah, 2207 S. 1070 W., Salt Lake City. Cost is $249. Details are at www.powerwomenlead.com.
SBA National Small Business Week Awards 2019 - May 9
A U.S. Small Business Administration Utah District Office event. Location is Utah Museum of Fine Arts, 410 Campus Center Drive, Salt Lake City. Free, and open to the public but reservations are requested. Registration can be completed at Eventbrite.com.
Utah Veteran Business Conference 2019 - May 10
Utah Veteran Business Conference 2019, presented by the Utah Veteran Owned Business Coalition and Salt Lake Chamber. Keynote speaker is Jeff Kirkham, co-owner of Black Rifle and owner of Readyman. Location is Salt Lake Community College's Miller Campus, Karen Gail Miller Conference Room, 9750 S. 300 W., Sandy. Cost is $30. Details are at slchamber.com.
Utah Economic Summit - May 17
Hosted by Gov. Gary R. Herbert. Theme is "Global Connections: How Utah's Business-Elevated Mindset Creates Success." Featured speakers are Herbert; Carly Fiorina, founder and chairman of Carly Fiorina Enterprises; Kathy J. Warden, president and CEO of Northrop Grumman Corp.; and Rich Choppa, program director of missile and weapon systems, Defense and Space & Security of Boeing. Location is Grand America Hotel, 555 S. Main St., Salt Lake City. Details are at utaheconomicsummit.com.
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