Articles

A BiG Deal

Bio Innovations Gateway Merges Innovation and Education
It has been years in the making—an idea that after extensive planning and preparation has emerged as a business incubator for life-science companies. The BioInnovations Gateway (BiG), which opened in October 2009, is a unique concept that has put ...
January 19, 2012

CFO of the Year

As Utah’s CFOs confront a struggling national economy, turmoil in the financial markets and stringent compliance requirements, our 2010 CFO of the Year honorees agree the day of the back office bean counter is long gone. Today’s CFOs take on a str...
January 19, 2012

On the Road Again

Vintage Auto Restoration Preserves More than Metal
Let’s face it—we love our families, our homes, our favorite vacation spots and fishing holes, but we really, really love our cars. Why else would Americans have more cars per capita than nearly any other country on the globe? And once we love so...
January 19, 2012

The Super Highway

Facing the Digitized World Full Speed Ahead
When the Internet emerged in the early 1990s, many could not grasp the vastness of the breakthrough. But Jim Clark, founder of several Silicon Valley technology companies, including Silicon Graphics, Inc., Netscape Communications Corporation, myCF...
January 19, 2012

Safe and Secure

Protect Your Internet Business’ IP
The Internet provides fertile ground for growing new businesses due to its easy access, wide reach and often low start-up capital requirements. But for an Internet business offering a product or service not offered elsewhere, the Internet’s low ba...
January 19, 2012

Phillip Yates

Mentoring By Example
Although he wears chef’s attire instead of a suit and a tie, you won’t find many differences between Grand America Executive Chef Phillip Yates and other executives running successful organizations. For one thing, Yates leads 47 chefs with a key i...
January 19, 2012

Straightening the Learning Curve

Higher Ed Institutions Align to Enhance Utah’s Workforce
When Bill Sederburg was being interviewed for the presidency of Utah Valley State College in 2003, he wasn’t asked about how the university could help the state’s economic development. It was a striking contrast to his position as president of Fer...
January 19, 2012

The ABCs of LLCs and Corporations

Tips to Selecting the Right Legal Structure
Certified financial planner Stan Mead has owned his business, Novations, for six years. He originally operated under an LLC partnership. After consulting with MainStreet Tax and Accounting Services in Salt Lake City, he received a greater understa...
January 19, 2012

Held Hostage

Slow Economy Holds Up Incentives Program for Early Ventures
First, here’s the good news: There are hundreds of millions of dollars in tax incentives for businesses—money that could increase the diversity and quality of capital available for startups and growth companies in the state. In fact, that fund, th...
January 19, 2012

When History Repeats Itself

Turning Loss into Profits during a Downturn
Scanning today’s news, you’re likely to hear analysts, economists, historians, reporters and others calling the current economic times the “Great Recession.” It’s a term that also cropped up during recessions in the 1970s, 1980s and 1990s and is o...
January 19, 2012

Fair or Fraud

Not all Personal Business Expenses are Deductible
You’ve got a sharp pencil, a calculator and your tax forms—and a stack of receipts that you hope will reduce your tax burden. But take care: deducting the wrong things can land you in some seriously hot water. “Some people think they can deduct ...
January 18, 2012

Best of Business

Every 12 months, we at Utah Business like to take a look back on the year that was—the trends, the big news stories, the events that made us all laugh and cry (and, believe us, Utah and BYU fans, we’ll be touching on at least one of those below). ...
January 18, 2012

Good Design, Good Business

Engage Clients and Employees with Vibrant Office Design
Beige walls. Furniture that was new sometime prior to the advent of personal computers. Dented file cabinets and messy cork boards. Does this sound like an inspirational place to work? Or like an office you know—or an office you work in? If so, ...
January 18, 2012

Iron-clad Non-compete Agreements

Will Your Agreement Hold Up in Court?
If you are an employee who thinks your non-compete agreement is unenforceable, think again. If you are an employer who thinks your non-compete agreement is enforceable, think again. The world of non-compete agreements is a tricky place. The law...
January 18, 2012

Crossing the Border?

Navigate International Cash Management Rules
In today’s tough economic climate, many businesses are looking to expand beyond the local U.S. market in order to grow. Conducting business overseas can provide more challenges than some business owners expect. One of the most overlooked aspects o...
January 18, 2012

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