Taxing reports reflect ups and downs in Grand Valey

Mike Moran Business Times Sales, use and lodging tax collections in Grand Junction all increased in August  for a second straight month of year-over-year gains. The City of Fruita reported stronger increases, with a double-digit percentage increase in its July report. Mesa County reported another drop in year-to-year comparisons, although the percentage decline was the […]

Small business legislation signed into law

Phil Castle Business Times Eleni and Jerry Sica took advantage of government-backed small business financing to construct a new liquor and specialty foods store in Grand Junction. The financing allowed the couple to purchase property rather than continue to lease space as well as expand the operation in what the Sicas consider a better location. […]

Consumer confidence retreats on “grim” outlook

A monthly measure of consumer confidence has retreated nearly five points on what one official described as a “grim” outlook for the economy. The Conference Board reported that its Consumer Confidence Index (CCI) dropped 4.7 points to 48.5 for September. Consumer assessments of present business and labor conditions as well as their expectations for the […]

Finding financing: Alternatives to traditional loans available

The recession has restricted the ability of many small businesses to obtain traditional bank financing. Until commercial lending loosens up, here are seven alternative ways small business owners can access capital to stabilize and grow their businesses: Sell a minority stake in the company: Large companies typically have numerous owners. Many large private companies go […]

Small business legislation one step in a long journey

Small businesses will receive some assistance in newly enacted federal legislation that includes tax breaks as well as fee waivers for lending programs backed by the U.S. Small Business Administration. The measure also establishes a $30 billion fund designed to help smaller banks make more loans to businesses. The legislation constitutes a good start that’s […]

The recession is over, but nobody’s partying

It’s official: The Great Recession is over. Yippee. Now … does anyone actually feel as though the effects of the economic downturn have yet relented? Perhaps Bob Reece, president of Advanced Title Co. in Grand Junction and a long-time observer of the Grand Valley real estate industry, put it best. And I’ve since heard others […]