Mike Moran Business Times “There are a whole lot of folks with a whole lot of cash, but they’re waiting for the market to bottom out.” And that sums up the potential for real estate investment in Mesa County, according to Dale Beede, a commercial real estate agent for Coldwell Banker Prime Properties in Grand […]
Phil Castle Business Times Regardless of the economic cycle and whether business is booming or slow, Chris Sorensen says construction contractors remain on constant lookout for quality employees. And Sorensen should know: He manages the structural division at Mays Concrete in Grand Junction. To that end, a group of contractors awards scholarships to students studying […]
United Way of Mesa County is well on its way toward its latest goal with more than $466,000 raised through workplace campaigns. During a kickoff event for its 2010-11 drive, United Way announced that a total of 34 Pacesetter businesses and organizations raised a combined $466,122 in workplace campaigns conducted in August and September. That […]
Mike Moran Business Times The Grand Junction Economic Partnership (GJEP) expects to soon announce publicly that it’s won an international award recognizing its website at www.gjep.org. GJEP confirmed the International Economic Development Council was scheduled to issue a news release Sept. 29 The IEDC is a non-profit organization dedicated to helping economic developers, according to the […]
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 […]
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. […]
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 […]
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 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 […]
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 […]