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Newsletter 6-29-20

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, June 29, 2020 Fiscal 2020 a banner year for GOED: 13,000+ jobs promised By Brice Wallace Corporate recruitment and expansion reached record levels in Utah during the past fiscal year, with projects…

Fiscal 2020 a banner year for GOED: 13,000+ jobs promised

By Brice Wallace Corporate recruitment and expansion reached record levels in Utah during the past fiscal year, with projects expected to generate more than 13,000 jobs over the next decade or so. The Governor’s Office of Economic Development (GOED) and Economic Development…

COVID-19 Updates: Cancellations and postponements

The following are events that have been included in The Enterprise Calendar listings and subsequently have been postponed or canceled, or have been removed from the organizers’ website calendars. This is not a complete list of postponements or cancellations. Check with…

Staff

Jun 25

Port board approves 5-year plan, hears its critics

By Brice Wallace The Utah Inland Port Authority board last week approved a five-year strategic business plan but also listened to speaker after speaker from the public pick it apart. The plan outlines goals and strategies for port authority partnerships, policies and programs…

SBA revises PPP forgiveness form, includes EZ verson for self-employed

The U.S. Small Business Administration and the Department of the Treasury have introduced a revised, “borrower-friendly” Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020. In addition to revising the full forgiveness…

Staff

Jun 25

Farmers Feeding Utah makes 2nd food delivery to Cache Food Pantry

Having recently made its first delivery of more than 100,000 pounds of food to Utah’s Navajo reservation residents, Farmers Feeding Utah has now made its second delivery to the Cache Food Bank. The project is calling the delivery “Miracle Project Northern Utah.” “As the…

Staff

Jun 25

Building owners focusing on ways to reduce the spread of coronavirus

Many commercial buildings that were almost vacant during the pandemic are now welcoming back employees and patrons, while facility managers are focusing on ways to optimize indoor air quality to reduce the spread of illnesses like COVID-19. According to the Centers for Disease…

Staff

Jun 25

Salt Lake hosting numerous sports events this summer as Utah reopens

As Utah reopens, at least seven sporting events are slated to take place in Salt Lake in July, generating more than $9 million directly impacting Salt Lake’s visitor economy, according to Visit Salt Lake, the organization responsible for attracting tourism and meetings to the…

Staff

Jun 25

Officials: 'Green' certainly won't mean that everything is back to normal

By Brice Wallace Some state economic officials are cautioning the public that the impacts of COVID-19 — and businesses’ response to them — are not going away anytime soon. Speaking at an online Newsmaker Breakfast, presented by the Kem C. Gardner Policy Institute at the…

Utahns are slowly going back to work

It’s still bad, but getting better May’s seasonally adjusted unemployment rate was reported to be 8.5 percent by the Utah Department of Workforce Services — better than April’s 10.4 percent and coming down as Utah goes back to work. May’s jobless rate is second best in the…

Staff

Jun 25

'Utah Compromise' one step ahead of recent U.S. Supreme Court ruling

By Tanner Bean When it comes to religious freedom and LGBTQ rights, it seems like tensions are high. The media frequently reports as if the faith and LGBTQ communities are at war. As an employer, it can be difficult to know what to do when these issues enter the workplace.…

BDO buys SLC office of PBTK

Chicago-based accounting and advisory firm BDO USA LLP has acquired Piercy Bowler Taylor & Kern CPAs (PBTK), with offices in Salt Lake City, Las Vegas and Reno, Nevada. Nine partners and about 60 other employees will join BDO. Terms of the transaction, which is expected to close…

Staff

Jun 25

In tough times, how to be an empathetic leader without being a pushover

By Angela Civitella In these difficult times, we look to business leaders to take the helms of their companies with confidence and authority. However, now is not the time to rule with an iron fist. It certainly would not be an effective way to invigorate your team to come back…

Survey: IT professionals report an increase in security issues

Ivanti, a Salt Lake City-based IT security company, has released new findings from a survey studying the impact of the move to working from home in response to the COVID-19 pandemic. The findings show IT workloads, security issues and communication challenges have all seen…

Staff

Jun 25

Succeeding in Your Business: The pitfalls of starting a new business in the middle of a divorce

By Cliff Ennico “My wife and I started a business a couple of years ago. We formed a limited liability company (LLC) to run the business and split the ownership (and the work) 50-50. “My wife and I are currently ... divorcing. We have agreed to continue running the business as…

Editorial Cartoon: Standing

Staff

Jun 25

Industry Briefs 6-29-20

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. ECONOMIC INDICATORS • Utah is ranked No. 18 in a list of state economies with the most racial…

Staff

Jun 25

Give individuals, small businesses a government-backed line of credit

By Veronique de Rugy The economy is reopening. Consumer spending increased by almost 18 percent in May, sending the stock market soaring. That’s the good news. The bad news is that with no COVID-19 vaccine or cure on the horizon, consumers have not fully resumed their…

Bolton's book reveals more about Trump's character than anything else

By Fareed Zakaria John Bolton’s book tells us very little that we didn’t already know about Donald Trump’s foreign policy. He paints a picture of a president who is ignorant — unaware, for example, that Britain is a nuclear power and that Finland is not part of Russia. Trump has…

Big difference between ‘there’s evil in America’ and ‘America is evil’

By Marc A. Thiessen As the COVID-19 lockdowns wind down, many fans who long for the return of sports are dreading the return of anthem protests. In response to the brutal killing of George Floyd in police custody, some athletes, coaches and league officials have apologized for…

The Paycheck Protection Program saved the American dream of entrepreneurship

By Dan Nordberg Less than three months ago, President Trump signed the CARES Act into law, establishing a new $349 billion Paycheck Protection Program (PPP). The mission: to keep people on the payroll, keep businesses in business and help the economy bounce back as quickly as…

Newsletter 6-22-20

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, June 22, 2020 One more source of help: Salt Lake Co. launches $40M fund By Brice Wallace Salt Lake County businesses that have not benefited from federal, state or local programs to mitigate the impacts…