Articles

Taking the Leadership Reins

Let’s face it—when you create a concept, work to perfect it, finalize the rules to govern it and invite others to join in building it, it’s never easy to stop running the show, never fun to no longer be in charge. Yet business...
November 1, 2012

Best of Business 2012

The Lighter Side of Business
It’s been an interesting year in the Beehive State, to say the least. Each year, Utah Business highlights some of the state’s biggest news stories that have affected local businesses. With frustrated voters, a slow economic rebound ...
November 1, 2012

Ready for Takeoff

Salt Lake City International Airport is Set for an Upgrade
As a frequent business flier, Brandon Zaugg of West Haven, Utah, knows what to expect at busy airports. He’s been in and out of Chicago O’Hare, JFK, Atlanta and LAX frequently, so he knows them like the back of his hand. But, as bus...
November 1, 2012

Energy Development in the Uintah Basin

A Boon for the Economy, the Bane of Conservation?
Down a lonely gravel road some 50 miles south of Ouray in Utah’s Uintah Basin, U.S. Oil Sands Inc., a Canadian company, would like to strip mine 189.8 million barrels of bitumen, a black, oily, viscous tar, from rock formations on its 5,3...
November 1, 2012

Small Ideas Can Lead to Big Change

Utah has a strong record of entrepreneurialism. Companies ranging from high-tech enterprises like Novell to manufacturers like Blendtec have found great success here. And in recent weeks, three homegrown companies have announced they’re a...
November 1, 2012

Crowd Control

Preparing for the New World of Equity-based Crowdfunding
By the end of 2012, the Securities and Exchange Commission will issue regulations that lift the term “crowdfunding” from obscure corners of the internet and inject it into common parlance as a component of American capital markets. ...
November 1, 2012

Build Your Wealth

Self-directed IRAs Let You Choose Your Investments
With 401Ks, traditional Individual Retirement Accounts (IRAs) and Roth IRAs, retirement account options are plentiful. However, one type of IRA could be of particular interest to business people who have accumulated a lifetime of experience and...
November 1, 2012

A Time of Thanksgiving

Reflections on The Utah Compact
“Gratitude unlocks the fullness of life. It turns what we have into enough and more.” – Melody Beattie Three years ago this month, a large and diverse group of community leaders gathered at the Utah State Capitol to affix ...
November 1, 2012

Ready to Roll

Kodiak Cakes Creates Winning Distribution Recipe
Patience has paid off for Joel Clark. Clark shepherded Kodiak Cakes from a one-man operation to a thriving nationwide company. The latest step forward comes in the form of a major distribution agreement with Target. Kodiak Cakes, a Salt...
November 1, 2012

There’s an App for That

Harness the Potential of Facebook Applications
For brands, Facebook is both a darling and a disappointment. The social network’s ubiquitous popularity and sheer size—nearly 1 billion users worldwide—make it hard to ignore. But at this point in the evolution of the world&rs...
November 1, 2012

Letting Go

Practical Advice for Disciplining and Firing Employees
Firing an employee can be one of the most difficult tasks for entrepreneurs and managers. Not only is a termination fraught with emotion—pity, anger, frustration, sorrow—but the entrepreneur is left with a lurking fear: Am I doing t...
November 1, 2012

Bank Balance

After a Heavy Blow, the Financial Industry is Coming Out on Top
When the real estate bubble burst, financial institutions across the country struggled to hang on—and Utah was no exception. Over the past five years, the state has seen the failure of eight different financial institutions. But now Utah&...
November 1, 2012

Lead by Example

Effective Wellness Programs Start at the Top
Want to motivate your employees to take charge of their health and wellness? You may want to start by motivating yourself. After all, not too many employees are going to buy into a wellness program if they don’t see the commitment from to...
November 1, 2012

Around Utah

Salt Lake Area Salt Lake City - BIOFIRE DIAGNOSTICS, formerly Idaho Technology, recently changed its name to more effectively reflect the expansion of its core business. The 22-year-old clinical diagnostics company’s evolution has been ...
November 1, 2012

Sabrina Stover: Instilling a Culture of Recognition and Reward

In any job, it’s important to do what you love and love what you do. This philosophy has helped Sabrina Stover take local business BidSync from a small operation to a thriving leader in the e-procurement industry. Founded in 1999, BidSy...
November 1, 2012

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