Archive

Is 2020 the year to make your dream of owning a small business a reality?

By Marla Trollan Small businesses in Utah are vitally important for our state economy and our national economy as well. Entrepreneurs provide critical goods and services that change lives and create two out of every three new jobs in Utah as they launch new technology and grow…

Newsletter 3-9-20

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, March 9, 2020 Utah's economy mirrors nation's, economist says By Brice Wallace Think "Utah" and "party," and one might logically think "Republican." But Orn B. Bodvarsson instead concludes "economy."…

Utah's economy mirrors nation's, economist says

By Brice Wallace Think “Utah” and “party,” and one might logically think “Republican.” But Orn B. Bodvarsson instead concludes “economy.” The state has been enjoying an economic party — outpacing the U.S. and other states — since the depths of the economic crisis of 2009-10, and…

Jobless rate up to 2.5 percent with yearly adjustment

The annual year-end adjustment to population estimates also brought an adjustment to Utah’s unemployment rate, bumping it up one-tenth of a percentage point to 2.4 percent. Although slightly above December’s lowest-ever rate of 2.3 percent, the January number is more than a full…

Staff

Mar 8

Initiative launched to preserve affordable housing

A coalition of Utah heavy hitters, including the Clark and Christine Ivory Foundation, Intermountain Healthcare, Utah Nonprofit Housing Corp. and Zions Bank, have launched an effort to address the state’s housing shortage and affordability. Aimed at saving affordable housing…

Staff

Mar 8

Utah's InMoment announces merger with Lehi's MaritzCX

Two Utah companies involved in the customer experience industry have announced an agreement to join forces. InMoment of South Jordan and MaritzCX of Lehi will combine under the InMoment banner with the latter operating as MaritzCX, An InMoment Company. The combined company will…

Staff

Mar 8

Asphalt Ridge now operating at break-even

Petroteq Energy Inc., the oil shale producer and developer of the Asphalt Ridge extraction plant near Vernal, has announced that it has exceeded a production rate of 300 barrels per day, a goal that the company says means the plant is now operating on a break-even basis. The…

Staff

Mar 8

Cramer named new president of Lodging Dynamics

Lodging Dynamics Hospitality Group (LDHG), a Provo-based hotel management company, has announced that its board of directors appointed Victoria Cramer as president. The outgoing president, Joel Sybrowsky, while stepping down from day-to-day responsibilities, will continue in his…

Staff

Mar 8

Arbiter buys FamilyID

Arbiter buys FamilyIDArbiter Sports, a sports and activities management software company based in Sandy, has acquired Boston-based FamilyID, a developer of programs for online registration for school and community programs. “The FamilyID acquisition extends Arbiter’s offerings…

Staff

Mar 8

Coronavirus postpones Qualtrics meet, others make adjustments

An abundance of caution over the global outbreak of COVID-19 (Coronavirus) has caused Utah tech giant Qualtrics to postpone its annual user conference originally scheduled this week in Salt Lake City. “The health and safety of our customers, employees and partners is our highest…

Staff

Mar 8

Here are ways to crack the prospect code and win more sales

By John Graham Why do so many meetings with prospects fizzle out and go nowhere? Is it just the way it is, so we should just accept it? Or, is it possible that our “this is what went wrong” explanations are merely excuses for failing to turn prospects into customers? As sure as…

Succeeding in Your Business: Fool me once, shame on you; fool me twice ...

By Cliff Ennico “A couple of years ago, I was employed as the marketing director for a small, family-owned business. For several years in a row, this company saw huge increases in annual sales as a result of my efforts. Unfortunately, the owner died and the owner’s son who took…

The Utah Office of Tourism considers Utah a rare gem and has launched a strategy to promote it that way

By John Rogers According to the Utah Office of Tourism, red emeralds are found in only a few places in the world and only grow to any substantial size in the Wah Wah Mountains of western Utah. “They are distinctive, rare and highly sought-after,” the agency says. And that’s why…

Motivate and inspire your employees with annual trips as your acknowledgment of a job well-done

By Stacy Manzo Owners and executives understand the importance of recognizing top performers and rewarding management teams for their contribution to the growth and success of their companies. They typically find ways to recognize these high contributors with a bonus or public…

Industry Briefs 3-9-20

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. BANKING • Goldenwest Credit Union , Ogden, has promoted Tonya Froerer to senior vice president…

Staff

Mar 8

Editorial Cartoon: Whipping Boy

Staff

Mar 8

Paid-leave argument often leaves facts and sound economics optional

By Veronique de Rugy Despite recent stock market jitters related to the coronavirus, the U.S. economy is doing well. Wages are growing, especially for lower-income workers, and unemployment is low. Yet calls are intensifying for the federal government to implement paid leave,…

Sanders’ Scandinavian fantasy: It's not what he's trying to sell America

By Fareed Zakaria Sen. Bernie Sanders says that his proposals “are not radical,” pointing again and again to countries in northern Europe such as Denmark, Sweden and Norway as examples of the kind of economic system he wants to bring to the United States. The image he conjures…

Newsletter 3-2-20

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, March 2, 2020 State's strong economy not reaching some of rural Utah By Brice Wallace While Utah's economic engine continues to roll along, a few people want to ensure that rural Utah isn't left…

State's strong economy not reaching some of rural Utah

By Brice Wallace While Utah’s economic engine continues to roll along, a few people want to ensure that rural Utah isn’t left behind. Currently, from an economic standpoint, the state really is “two Utahs,” according to Natalie Gochnour, associate dean in the David Eccles School…

At least 2 bills in 2020 Legislature address Inland Port concerns

By John Rogers A bill that tweaks the rules governing the Utah Inland Port Authority is making its way through the 2020 Utah Legislature, currently in session on Capital Hill. SB112 was introduced in the early days of the session by Senate Minority Whip Luz Escamilla, whose…

Huntsman: Utah driven by 'lot of natural zeal'

By Brice Wallace Utah “is at the position of launch,” according to a former governor looking to recapture that position this year. Speaking at VentureCapital.Org’s 2020 Investors Choice Capital Conference, Jon Huntsman Jr. said “we can super-charge this state in the next decade…