Archive

Herbert leads Utah trade mission delegation on trip to China, Japan

A delegation representing 22 Utah-based businesses and organizations recently returned from a trade mission to Japan where the representatives participated in more than 60 meetings with business and government leaders. Led by Gov. Gary Herbert, the trip was sponsored by World…

Staff

Oct 7

Health insurance rates keep rising, survey reveals

The average Utah premium for healthcare insurance for a single employee has risen 16 percent since 2016 to $567 per month, according to a new survey conducted by the Employers Council. The employee-only premium is an average of all types of plans, including health maintenance…

Staff

Oct 7

MWCN releases Utah 100 list of fastest-growing companies in the state

MountainWest Capital Network (MWCN) has released its 2019 Utah 100, its annual list of the fastest-growing companies in Utah. MWCN is a business networking organization devoted to supporting entrepreneurial success and dedicated to the flow of financial, entrepreneurial and…

Staff

Oct 7

Utahns want lower sales tax but favor tax on services not now subject to tax

Half of Utah voters support a lower sales tax rate and a strong majority favor taxing services currently not subject to a sales tax, according to a new survey undertaken by AARP. The survey of Utah registered voters 18 and older indicates that 50 percent support a sales tax of…

Staff

Oct 7

Report: Employees spend just 43 percent of work week on the jobs they were hired to do

Average employees spend only about 43 percent of their work week doing the jobs they were hired to do, according to a new report release last week by Lehi-based Workfront. Workfront develops and markets work management applications for enterprise. Workfront’s sixth annual global…

Staff

Oct 7

NYC firm buys VitalSmarts

Leeds Equity Partners LLC, a New York-based private equity firm has acquired VitalSmarts LC from investment firm TwentyEighty Inc. Founded in 1989 in Provo, VitalSmarts is a provider of communication, execution and leadership development training. Terms of the transaction were…

Staff

Oct 7

SLC-based Simply Mac bought by Cool Holdings

Salt Lake City-based Simply Mac Inc. has been acquired by Cool Holdings Inc. of Miami. Simply Mac operates 41 retail stores in 18 states as an authorized reseller of Apple products and accessories. Cool Holdings previously owned 16 OneClick stores that offer Apple products and…

Staff

Oct 7

Outdoor recreation accounts for 3.3 percent of Utah GDP

People taking advantage of Utah’s great outdoors contribute a huge chunk to the state’s economy, according to a new report released by the U.S. Bureau of Economic Analysis. The agency found outdoor recreation in Utah accounted for a full 3.3 percent of Utah’s total economic…

Staff

Oct 7

Sportsman's buys eight Field & Stream stores

Sportsman’s Warehouse Hold-ings Inc. of Sandy has agreed to buy eight Field & Stream stores from Dick’s Sporting Goods Inc. The acquired stores will be operated as Sportsman’s Warehouse stores and are located in Pennsylvania, New York, North Carolina and Michigan. The total…

Staff

Oct 7

Succeeding in Your Business: What to do when a business you're buying has two sets of books

By Cliff Ennico “My spouse and I have been looking to buy a business for some time. We’ve found a good local business with a great location and lots of existing customers. The seller wants us to pay one and one-half times his gross sales last year, which our accountant says is a…

BIG CHANGES COMING?

By Cory Talbot The Utah Work Group on Regulatory Reform has released its recommendations to the Utah Supreme Court - and that could mean changes like client solicitation and nonlawyer ownership are on the way In late 2018, the Utah Supreme Court organized the Utah Work Group on…

Should employers review applicants’ social media profiles?

The ease with which information can be obtained about a job applicant through an online search means more employers are reviewing this information in the hiring process. Surveys indicate over 70 percent of employers are reviewing some portion of an applicant’s social media…

Staff

Oct 7

Important points to consider when you owe the IRS money

By Samuel A. Lambert Navigating tax controversy and the Internal Revenue Service (IRS) can be daunting. It is important to consider specific factors when dealing with the IRS and, in some cases, to seek the advice of a legal expert. The following are key points to consider when…

Editorial Cartoon: Hair's On Fire

Staff

Oct 7

Industry Briefs 10-7-19

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. CONSTRUCTION • HNTB Corp. has hired E. Gregory Thorpe as rail and transit senior project manager…

Staff

Oct 7

Cronyism yields bumper crop farm bailouts; Where's the outrage?

By Veronique de Rugy Stan Veuger of the American Enterprise Institute recently complained on Twitter that those who cared about cronyism when Barack Obama was president are suddenly very quiet about Pres. Donald Trump’s bailout of farmers. There is some truth to his complaint.…

Once again, the Democrats' conclusions are ahead of the evidence

Fareed Zakaria is off this week. Marc A. Thiessen is filling in. Remember when Democrats insisted that Pres. Trump was “working on behalf of the Russians,” only to have special counsel Robert Mueller declare he “did not establish that members of the Trump Campaign conspired or…

Staff

Oct 7