Archive

Report: Apartment industry adds $17.1 billion to Utah's economy

Apartments in Utah — along with their tenants — are huge contributors to the state’s economy, according to a new report commissioned by the National Apartment Association (NAA). The survey, conducted by Hoyt Advisory Services, found that the apartment industry and its residents…

Staff

Nov 4

Confidence still strong in Utah, wanes nationally

While consumers across America seem to be waning in their economic optimism, Utahns still think things are going well. The Zions Bank Utah Consumer Attitude Index (CAI) increased 0.8 points to 120.1 in October. The CAI is still down 0.4 percent from this time last year.…

Staff

Nov 4

As business email compromise rises in Utah, learn to keep fraudsters at bay

It’s a business scenario that looks innocent enough. An email from a vendor or executive with a change to payment instructions on an outstanding invoice. The problem is the email had been hacked and the payment you sent has gone to a fraudster, instead of where you…

Staff

Nov 4

Landscape firm purchased

Bluffdale-based Community Landscape Services has been purchased by Cutting Edge Landscape, a commercial exterior maintenance company in Boise, Idaho. Cutting Edge co-owner Bob Wheeler said the acquisition will enable Cutting Edge to expand and strengthen its position in the Utah…

Staff

Nov 4

Herbert designates week to celebrate Utah's advanced materials industry

Gov. Gary Herbert has declared the week of Nov. 4-8 as “Utah Advanced Manufacturing Week” across the state. Throughout the week, activities will be held such as presentations, workshops, open houses and expos to recognize and celebrate Utah’s advanced manufacturing and materials…

Staff

Nov 4

Kimball named president of Vivint Arena

Larry H. Miller Sports & Entertainment (LHMSE) has named John Kimball as the new president of Vivint Smart Home Arena in Salt Lake City. The announcement came from the firm’s president, Jim Olson, and is effective immediately. Kimball will be responsible for the planning,…

Staff

Nov 4

CORPORATE FINANCIAL REPORTS 11-4-19

The following are recent financial reports as posted by selected Utah corporations: Huntsman Huntsman Corp., with main offices in Salt Lake City and Texas, reported net income of $41 million, or 13 cents per share, for the third quarter ended Sept. 30. That compares with a net…

Staff

Nov 4

IS ANOTHER DOWNTURN ON THE WAY?

... and is your middle-market company getting ready for it when it comes? By Drew Yergensen The Great Recession ended in 2009 and, despite the growth that has prevailed in the decade since, many middle-market business owners have been watching economic trends closely and taking…

The credit union perspective: A community approach to Utah business success

By Mallory Merrill Businesses and nonprofit organizations seem obviously different. They inhabit disparate worlds and arise from disparate goals. But, foundationally, the function of a business is not totally dissimilar from that of a nonprofit. Ultimately, business is about…

Clients can collaborate with banks to strengthen cybersecurity

By Howard Headlee Over the past decade, large-scale cyber compromises affecting millions of consumers have made big headlines. Sadly, media coverage of large-scale security breaches and cyberattacks can have a desensitizing effect on the public. But as more people rely on online…

Enhancing your situational awareness with penetration testing

By Rick Lucy It’s been said that businesses should adopt the attitude of “when” rather than “if” a cyberattack will occur. An effective wat to prepare for such an occurrence is a penetration or “red team” test.{mprestriction ids="1,3"} A typical penetration test is a simulated…

Self-directed IRAs put you in the driver’s seat to make smart investments with your individual retirement account savings

By Roger Christensen Utah banks and credit unions offer multiple solutions for folks preparing for eventual retirement. Among the savings options is a product known as a self-directed IRA. It’s a great tool, but it doesn’t fit every situation and every potential saver’s wants…

Applying the 80/20 rule: Italian economist's theory can be useful in mitigating client data-breach risks and making the most of cybersecurity investment

By Hossein Dadkhah Cybersecurity risk is translated directly into business risk. According to Inc. magazine, 60 percent of small businesses fold within six months of a cyberattack. Fortune 500 businesses are not the only ones that need to worry about cyberattacks anymore. In…

What has your QuickBooks inventory tracking done for you lately?

By Megan Bronson It’s no secret that QuickBooks inventory tracking has its limitations. Even using the Advanced Inventory functionalities in QuickBooks Enterprise (the highest level of the QuickBooks suite) is often insufficient for fast-growing, high-volume or beyond-basic…

Editorial Cartoon: Basket Case

Staff

Nov 4

Industry Briefs 11-4-19

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. DIRECT SALES • USANA Health Sciences Inc. , Salt Lake City, has appointed Timothy Wood to its…

Staff

Nov 4

How well are we served by our routine actions?

By Richard Tyson The word “routine,” used as a noun, is defined as “a sequence of actions regularly followed, a fixed program.” As a verb, it is the act of organizing a function or process according to specific activities consistently followed, as in “the system had been…

Succeeding in Your Business: Got a famous friend? Here's how to deal with celebrity endorsements

By Cliff Ennico “Some friends and I started a web-based business targeting people who play a particular sport. “As it happens, one of the leading players of the sport — a household name to fans — has discovered our website and absolutely loves it. We have approached him about…

Democrats’ wealth tax proposals demonstrate spooky economic ignorance

By Veronique de Rugy It’s open season on wealth and those who create it. Candidates for the Democratic presidential nomination like Sen. Bernie Sanders, for instance, say that “Billionaires should not exist” and the wealth disparity in America is “a moral and economic outrage.”…

Staff

Nov 4

Populist policies are leading to widespread protests, economic slump

By Fareed Zakaria Nine years ago, beginning in Tunisia, a series of street protests across the Middle East turned the region upside down and became known as the “Arab Spring.” At times in these past few weeks, it has seemed as if something similar was unfolding across the world.…