|
An Opportunity
by Wesley G. Smith, Director of Public Policy, Salt Lake Chamber Immigration deserves a fresh look. This much-maligned issue was long ago defined in the minds of many policy makers and many of their constituents. The vitriolic rhetoric surrounding the issue at the federal level is now a given and, quite frankly, a disappointing reality.
{ read more }
|
|
Jeff Thredgold's Tea Leaf: "Wouldn't it be Nice if..."
by Jeff Thredgold, CSP, President, Thredgold Economic Associates …we could strike a reasonable balance between energy conservation and the need for new sources of energy
{ read more }
|
Event Calendar
|
Today at Utah Pulse
- The Beat: Governor Huntsman Wants State Agencies to Monitor Gas Prices
- Utah currently has the third highest average gas price in the nation. While many are feeling the economic pinch from those high prices, Governor Huntsman is tasking state agencies to monitor whether consumers are receiving the correct amount of fuel at the pump and to respond to allegations of deceptive selling practices.
{ read more }
- The Beat: Shareholder Class Action Filed Against Huntsman Corporation
- RADNOR, Pa.,/PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin Barroway Topaz & Kessler, LLP
{ read more }
- The Beat: Still Time to Register for this Year's Ready Your Business Conference
- The 4th Annual Ready Your Business Conference is one day away, but there is still time to register. The event, which is sponsored by the Utah Department of Public Safety, Division of Homeland Security, Utah Department of Health and Salt Lake Chamber of Commerce, is slated for Thursday, Aug. 14 from 8 a.m. to 4:30 p.m. at the Hilton City Center, 255 S. West Temple, Salt Lake City.
{ read more }
- The Beat: Employee Retention: Keeping the Best of the Best
- When covering employee retention and turnover issues, the media primarily focuses on wages and benefits, but other factors, like quality hiring practices and trust, are equally important when trying to hire and keep the best employees.
{ read more }
- The Beat: 5 Tips on Vendor Financing
- 1. Know that vendors can sometimes play a significant role in financing a new business. Partners in one start-up persuaded vendors to give them net-30 terms in order to stock a retail store. They made enough money to pay the vendors back in 30 days.
{ read more }
- The Beat: Sales Tip: A ‘Ten Most Wanted’ List Will Dramatically Increase Your Sales
- If you really want to make more sales, create your own “Ten Most Wanted” list. Identify prospects or companies you want to sell, but have not had current success. Put them on your list. The list will create a focus and urgency you have not experienced before.
{ read more }
- The Beat: HR Corner: Protecting the Most Valued Asset
- It is often said, "Employees are our most valued asset." An important aspect of valuing that asset is to protect employees in an emergency situation.
{ read more }
- The Beat: Video Gaming Expo Highlights Utah's Dense Market
- Aggro. Pwnage. MMORPG. For some those words are meaningless gibberish. For others, like the thousands who attended Salt Lake's GEEX Gaming and Electronics Expo last month, those terms are the language of business.
{ read more }
- Business Tip: Five Tips to Help You Prepare for Growth Spurts
- 1. Get outside help. Growth is tricky and stressful, so smart business owners rely on outside assistance—such as consultants or SCORE volunteers—to get them through it.
2. Hire ahead of the need. If you’re growing fast, add a chief operating officer and/or chief financial officer—even if only on a part-time or consulting basis.
3. Change your own role. Stop "doing everything yourself." Delegate day-to-day operations to others and become the leader, the strategic thinker and the planner—in other words, the CEO.
4. Weed out customers that don’t contribute sufficiently to your bottom line. Let go of those who distract you from your goal—for example, because they are outside the area in which you want to work or take too much of your time.
5. Have reserve capital to weather growth’s inevitable bumps. Reserves don’t have to be all cash—they can be excellent receivables or something else that can be turned into cash quickly.
(Source: SCORE )
- Lighter Side: Drivers License Picture
- When going to get his driver's license renewed at the local motor-vehicle bureau, a man was not surprised to find that the building was packed. The line inched along for almost an hour until he finally got his license.
He inspected his photo for a moment and commented to the clerk, "I was standing in line so long, I ended up looking pretty grouchy in this picture."
"The clerk looked at his picture closely.
"It's okay," he reassured the man. "That's how you're going to look when the cops pull you over anyway."
(Source: MY Humor )
- Today in Business History: Aug 14
- 1935: President Franklin D. Roosevelt signed the Social Security Act into law, creating unemployment insurance and pension plans for the elderly.
1951: Newspaper publisher William Randolph Hearst died at age 88.
2003: A blackout hit the northeastern United States and part of Canada; 50 million people lost power.
(Source: NY Times )
- Wise Words
- "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact".-- Warren Buffet
(Source: Plan Ware )
|
|
Utah Pulse Highlights
Today on The Daily Pulse, Wesley Smith of the Salt Lake Chamber looks at attitudes toward immigration, and how changing those attitudes would be a good thing for the United States.
In other news this morning...
CNN quantifies just how bad the housing market really is. Over the last year, a quarter of houses sold went for less than the old owner paid for them.
Hill Air Force Base will soon become the home to a massive aerospace research park. The Falcon Hill development will house office space for Hill AFB as well as companies with military contracts.
High demand for low-rent apartments has pushed prices up. Rents in Salt Lake County jumped 9.2 percent over the last 12 months, the largest leap in a decade.
The slowing economy is hitting the Utah Transit Authority hard. The agency is supported by sales taxes, but those are down significantly. If things don't turn around, UTA estimates they'll have to cut $5.5 million from the budget, and that could mean a reduction in service.
Forbes is out with their list of the top earning young CEO's. At the top of the list is Nabeel Gareeb, CEO of chip maker MEMC Electronic Materials, who earned $79.5 million last year.
Is there any problem the internet can't solve? If you're worried that your boss doesn't understand how productive you've been, then check out ididwork.com. It let's employees keep a web based record of what they did during the week, and they can submit that to their boss.
Utah Pulse is on Facebook. Why should you get on this social networking site (and join our group)? Facebook is the largest and fastest growing social networking site in the world. Hope to see your name on our group soon.
--Bryan Schott, Managing Editor
|
