Articles

Software Licenses

Considerations When Making a Deal
Software is often your company’s most valuable asset. Perhaps it is your company’s only asset! In an effort to make a return on the investment made in such software, your company may want to license it out. On the other hand, your c...
February 19, 2013

Alternative Assets

Growing Retirement Balances in a Low-Interest-Rate Environment
y bank statement arrived a few days ago, and I was frustrated to see my interest rate was just 0.01 percent. To put that in perspective, a $1,000 account earns just 10 cents of interest annually. For people in retirement, today’s low ...
February 19, 2013

A Thank You to Legislators

The Utah Legislature Has Helped the State Maintain Its Strong Economy
The Utah Legislature—with all of its individuality and nuance—can now boast the nation’s second fastest-growing economy. That’s right. Utah leads every state but North Dakota in the rate of job growth, and the Utah econo...
February 19, 2013

A Crisis to Remember

Nonexistent Cash Flow Nearly Shut the Doors on Simply Mac
Simply Mac is an Apple Specialist retailer (one of the top three of its kind in North America) that in six and a half years has grown from a 1,500-square-foot store and four employees to 10 stores with 102 employees. Steve Bain, Simply Mac pres...
February 19, 2013

Tech Savvy

University Research Translates into Promising New Startups
Utah’s research universities continue to dominate the field when it comes to technology commercialization. In fiscal year 2012, the University of Utah turned $393 million in research funds into 275 intellectual property disclosures and 80...
February 19, 2013

Setting the Stage

Find the Right Business Name to Build Your Brand
What’s in a name? A lot, it turns out. When naming a new business, “you want that name to be helpful,” says Carrie Gaykowski, chief strategist at Intrepid. “You want it to be engaging. You want it to create that posi...
February 19, 2013

Middle Ground

Would State Control of Federal Lands Harm the Recreation Industry?
It’s been nearly a year since Gov. Gary R. Herbert signed legislation demanding the U.S. government give Utah the deed to millions of acres of federal lands. Though House Bill 148 has received the support of Utah legislators and states&rs...
February 19, 2013

Urban Appeal

Downtown Luxury Living at its Finest
Luxury condos in downtown Salt Lake City provide the best of urban living: proximity to world-class cultural offerings, top-notch restaurants and prime shopping venues. Here are just a few of the newest luxury residences in the heart of the cit...
February 19, 2013

Celebrating the Past, Present and Future Forty Under 40

One of Utah’s economic strengths has long been its youthful workforce. The Beehive State, in fact, boasts the nation’s youngest population with a median age of 29.6, while the nation’s is 37.3. In this issue of Utah Busine...
February 19, 2013

CONSTRUCTION

Utah’s construction industry is still reeling from the Great Recession, but the group agrees the worst is over. As they begin focusing on the future, their attention turns to the retiring workforce and the lack of qualified replacements. ...
February 19, 2013

Players

Salt Lake Area Allegiance appointed CARINE CLARK as president and CEO. Formerly SVP and CMO for Symantec, Clark has 25 years of experience building successful software companies. Gov. Gary Herbert selected TODD KISER as commissioner of ...
February 19, 2013

Around Utah

Salt Lake Area Salt Lake City – MHTN ARCHITECTS, established in 1923, celebrates its 90th anniversary this year. MHTN Architects provides vision-focused architecture, interiors and landscape architecture services. Salt Lake City &...
February 19, 2013

Fledgling Legal Eagles

New Lawyers Struggling to Find Employment
Earning a law degree does not immediately translate to a high paying job—that is one of the first lessons Heidi Leithead instills in her law students attending the J. Reuben Clark Law School at Brigham Young University.  “W...
February 19, 2013

USA Power v. PacifiCorp

A David and Goliath Legal Battle
Peggy Tomsic describes USA Power v. PacificCorp as a “real-life David versus Goliath story. You have PacificCorp, a huge utility, and then you have USA Power, which is essentially two people. It was clearly a big deal.” A big de...
February 19, 2013

The Canyons v. Wolf Mountain Resorts

A Proposed Golf Course Leads to the Courtroom
Wolf Mountain Resorts, L.C., and The American Skiing Company Utah—now a subsidiary of Canyons owner Talisker Corp.—signed a ground lease agreement in 1997. The agreement leased 4,000 skiable acres of land, known as “The Canyon...
February 19, 2013

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