THE BUSINESS T IMES News JANUARY 6-19, 2022
THE DEFINITIVE SOURCE FOR GRAND JUNCTION BUSINESS NEWS SINCE 1994
In this issue
VOLUME 29, ISSUE 1
THEBUSINESSTIMES.COM
Trends 2 Contributors Opinion 5 Business Briefs 6 Business People Almanac
n Survey says ...
Safety and outdoor rec were among the top choices in a poll asking what people think the Grand Valley should be known for.
n Healthy effort
A health care organization has expanded operations with its acquisition of a wellness services company.
n Merger approved Members of a Western Slope credit union approved a merger expected to result in more products and services.
n Opposing views
7
Members of a small business group say they’re opposed to sales taxes on services, according to an annual survey.
n Taxing matters
12
Sales tax collections, a measure of retail activtity, continue to increase in Grand Junction, the city reports.
n Labor to comply
13
The year ahead will be no exception when it comes to changing regulations for employer-employee relationships.
Top gun
n Entrepreneurial dream comes true for owner of Grand Valley store. Page 2 Tim Holt displays a rifle for sale at Jerry’s Outdoor Sports in Grand Junction. Holt is the new owner of the store, one of the largest outlets for guns, ammunition and accessories in Colorado.
n Departments Almanac Business Briefs Business People Contributors News Opinion Trends
22 20 22 13-17 2-11 18-19 12
Business Times photo by Phil Castle
PRSRT STD U.S. POSTAGE PAID PERMIT NO. 67 The Business Times 609 North Ave., Suite 5 Grand Junction, CO 81501
THE BUSINESS T IMES News The Business Times
Page 2
January 6-19, 2022
Trends GJEP Contributors survey says ... Opinion Business Briefs Business People Almanac A safe community and outdoor rec hub among top responses in Grand Valley poll
Tim Holt is the new owner of Jerry’s Outdoor Sports in Grand Junction, succeeding father-in-law Jerry Stehman in operating one of the largest outlets in Colorado for firearms, ammunition and shooting sports accessories.
Shooting for success Firearms outlet an entrepreneurial dream come true for new owner
T
im Holt gets up in the morning and sometimes wonders if he’s still dreaming. Even months after completing the transaction, he says it’s difficult for him to realize he owns Jerry’s Outdoor Sports in Grand Junction. Call it an entrepreneurial dream come true. Holt does. Holt takes over from his father-in-law, Jerry Stehman, the operation of one of the largest outlets in Colorado for firearms, ammunition and accessories and what’s become a destination for hunting and shooting enthusiasts. Holt brings to his duties nearly 20 years of sales and management experience, most of that in the mining industry. But he says he’s excited about owning his own venture. “It all kind of came together in one big bundle.” Stehman launched Jerry’s Outdoor Sports in 1985 after purchasing a sporting goods business. While he initially sold a variety of merchandise, he decided to serve a niche market with firearms, ammunitions and accessories. Stehman moved the business several times, including a corner location in a strip mall at the intersection of the Interstate Highway 70 Business Loop and 30 Road. In 2012, he purchased a building across the street and moved into renovated quarters that at 11,000 square feet was more than double the size of his former location. He also expanded inventory and staff. Holt says his father-in-law considered retirement for several years, but had difficulty finding the right buyer. Holt says he expressed his interest in the operation and they talked for about a year before closing on the transaction in September. Holt says he was born in Rifle and always considered
FOR YOUR INFORMATION Jerry’s Outdoor Sports is located at 2999 North Ave. in Grand Junction. For additional information, call 245-1502 or visit www.jerrysoutdoorsports.com. Western Colorado his home. He moved to Grand Junction in 2007 to work in various sales positions with companies serving the mining industry. He says he focused on providing safety and communications equipment and also helped train mine rescue teams. Before that, he worked for a company that supplies bumpers and other parts to automotive body shops. He worked his way up to general manager and relocated to Phoenix to open a branch location there. At the same time, though, Holt says he’s always enjoyed entrepreneurial pursuits. When his father managed the Larimer County Fairgrounds in Loveland, Holt says he used to work during the county fair selling popcorn and pop. The payoff for a week of hard work and long hours was a pocket full of cash. “I just remember that feeling.” In Grand Junction, Holt operated a specialty advertising firm in Grand Junction serving small businesses. Holt says of the biggest attraction in buying Jerry’s Outdoor Sports was the staff his father-in-law assembled. “He has the best employees.” See SHOOTING page 11
STORY AND PHOTO BY PHIL CASTLE
The Grand Valley is envisioned at once as a safe and forward-thinking community and outdoor recreation hub with varied and accessible public lands, according to the initial responses to a survey conducted to gauge what residents believe the area should become. The Grand Junction Economic Partnership conducted the survey as part of efforts by the economic development organization to develop a plan to meet longterm goals. Nearly 500 responses were received. “We are grateful Mike Sneddon that so many people took the time to answer our survey and be part of this effort,” said Mike Sneddon, chairman of the GJEP board of directors and president of SG Aerospace & Gas in Grand Junction. “Our mission at GJEP is to improve the economic vitality of the Grand Valley and the quality of life for its residents,” Sneddon said. “We want to make sure that how we define an economically healthy and happy community aligns with what our community members think.” GJEP launched the survey at its Western Colorado Economic Summit in September. The organization plans to work with board members and others in the community to set goals and identify programs already under way and additional resources that could be required. GJEP plans to present its plan at the 2022 summit scheduled for April 26. “It is important to note that our primary focus at GJEP is business recruitment,” Sneddon said. “And while each of the factors identified through this visioning process impacts our success, the advancement of this plan needs to come from the community at large.” The survey posed two questions. The first question asked respondents to choose up to five ways to finish the sentence “I want the Grand Valley to be known for/as ... .” A safe community was the top selection with 36.25 percent of respondents citing that choice. An outdoor recreation hub ranked second See SURVEY page 10
January 6-19, 2022
The Business Times
Page 3
THE he B BUSINESS usiness T T Times IMES
PPAGE age 4 4
January15-28, 6-19, 2015 2022 JANUARY
THE BUSINESS TIMES Administrator brings Record-breaking year for
WE OFFER COMPLIMENTARY
HOME & OFFICE DELIVERY/PICK UP! Delivery Hotline: 970-314-8356
599 Patterson (25 Road & Patterson)
The Business Times The Business Times 609 North Ave., Suite 2, 609 North Ave.,CO Suite 5 Grand Junction, 81501 Grand Junction, CO 81501 Telephone: (970) 424-5133 (970) 424-5133 FAX: (970) 424-5134 www.thebusinesstimes.com www.thebusinesstimes.com
TheThe Business Times is published twice Business Times is published twice monthly and distributed throughout Grand monthly and distributed throughout Junction, and Palisade. Advertising GrandFruita Junction, Fruita and Palisade. rates Advertising and deadlines areand available upon are rates deadlines request. Opinions expressed in this available upon request. Opinions expressed publication are those of the writers and do in this publication are those of the writers not necessarily reflect the views of the and don’teditor, necessarily the views of publisher, staff orreflect advertisers. the publisher, advertisers. Copyright © 2015 editor — Allor rights reserved. Copyright © 2022 — All rights reserved
Let’s create something
...for your home, business, or toys!
S O L A R
P O W E R E D
1707 I-70 Business Loop Grand Junction
970-243-6310
allmetalswelding.com
Life is Precious
Serving families of the Western Slope for more than 100 years.
well-rounded Mesa County perspective real estate to new Mesa County role concludes with a bang
Phil Castle well as New England and Canada. $22 million commercialastransaction adds The Business Times Whidden said people who work in to nearly $2.4 billion in information 2021 dollar technology volume aren’t just “geeks,”
Frank Whidden brings what he Phil Castle considers a well-rounded perspective to his The Business Times new job as Mesa County administrator. Whidden worked A record-breaking year for the Mesa in information County real estate market ended with a bang technology and holds in a $22 million commercial transaction. a master’s degree in While 2022 might computer information not keep pace with systems. But he also 2021, the outlook holds a doctoral remains encouraging degree in applied at this point. management and “I don’t see much decision making and Frank Whidden in the way of another worked for more than good year,” said Robert 20 years as a minister. Whidden has Bray, chief executive worked for large and small organizations officer of Bray & Co. Robert Bray in both the private and public sectors. Real Estate in Grand Whidden expects to draw on all of his Junction. experiences in helping Mesa County Annette Young, commissioners make and carry out decisions. the administrative Valuing staff and making the county coordinator at Heritage an employer of choice is among the Title Co. in Grand priorities, Whidden said. So is planning Junction, said she that results in sustainable funding and expects strong demand balanced budgets on a long-term basis. to offset the effects of Meanwhile, Mesa County will low inventories and continue to pursue efforts that promote a rising interest rates on Annette Young friendly business environment and mortgages. economic development, Whidden said. Young said 562 real estate transactions Whidden officially began working as worth a total of $256 million were reported county administrator at the beginning of in Mesa County in December. Compared the year. He succeeds Tom Fisher, who was to the same month last year, transactions hired as county manager in Summit rose 4.8 percent and dollar volume jumped County, Utah. 52.4 percent. Whidden joined Mesa County in Just 23 transactions accounted for a August 2011 as information technology total of $66.3 million in dollar volume, director. In April 2014, he became deputy Young said. That included the sale of county administrator for resource the Coronado Plaza shopping center for management in a staffing reorganization $22.3 million, the single largest transaction that eliminated four director positions. of 2021, she said. Before joining Mesa County, Three apartment buildings on Chipeta Whidden worked for a company providing Avenue in Grand Junction with a total of 28 information technology services to units sold for $7.5 million. A commercial colleges and universities. In that role, he warehouse on South Seventh Avenue in managed IT systems and services for Grand Junction sold for $3.35 million, she institutions in Alabama, Arizona, Illinois said. The December numbers brought the year-end totals for 2021 to 6,193 transactions worth a combined $2.359 billion. Compared to 2020, transactions increased 9.4 percent and dollar volume rose 34.5 percent to the highest level ever in Mesa County. Dollar volume previously peaked at $1.73 billion in 2009. The record for transactions remains intact at 7,198 in 2005. Young said the record for 2021 reflects the increase in transactions, but also the increase in prices and types of property that were sold. There were 179 transactions worth more than $1 million and accounted for a total of $414.5 million in dollar volume, she said. Of those, 120 transactions were more than $1 million, but less than $2 million. According to numbers Bray & Co.
but offer an important perspective because tracks for the residential market in Mesa they’re familiar with nearly every aspect of County, 322 transactions worth combined operations and how work gets done. They $123 million were reported in December. also tend to think about new and potentially Compared to the same month a year ago, better ways of doing things in asking and transactions decreased 6.1 percent and answering “what if ” questions. “They know dollar volume increased 13.9 percent. how to effect change in an organization.” For all of 2021, 4,047 transactions Whidden expects to bring that same worth a total of nearly $1.49 billion were approach to his duties as administrator. reported. Compared to 2020, transactions Whidden said it’s his role to help rose 1.6 percent and dollar volume county commissioners make and then increased 18 percent. implement decisions. The commissioners Bray said he was pleasantly surprised in turn represent the residents of the by the activity in December as well as county and express their will, he said. “We the year-end total for transactions. “We work for the people.” finished the year good.” Whidden said he also considers himself The increase in year-end residential a liaison between the commissioners and dollar volume to what Bray believes is a county staff, and one of the priorities is to record wasn’t surprising given the rising make sure employees feel valued. Whidden prices. said he hopes not only to improve morale, At $330,000, the median price of but also take steps that will make Mesa homes sold in 2021 increased 15 percent County an organization for which people from 2020. want to work. Rising prices were a reflection in part Meanwhile, Whidden expects the of a combination of low supplies and high county to continue policies and initiatives demand, Bray said. that support local business and economic The 213 active residential listings development. There are additional steps at the end of December represented a that can be taken to make it easier for local 24.2 percent decrease over the same time businesses to sell products and services to last year and one of the lowest numbers the county, he added. Bray said he can remember in his long Mesa County will keep working with career in real estate. other government entities, organizations New home construction has increased. and institutions on fostering an environment Bray said the number of single family that supports existing businesses and building permits issued in Mesa County in attracts new businesses, he said. 2021 will set a record. But that hasn’t been Whidden said there could be a sufficient to keep pace with demand. opportunities to encourage the additional Looking ahead to 2022, Bray said he development of businesses that provide expects demand to remain strong from services to the agricultural industry as well people moving to the Grand Valley as well as promote Mesa County as a distribution those already living here. While listings center for the region. likely will increase, inventories will The important thing is to consider remain low. Interest rates that had moved issues from a well-rounded perspective, up and down will probably increase on a Whidden said. “We won’t be myopic as we more steady basis. The interest rate on a look at things.” 30-year mortgage could climb to 4 percent ✦ by the end o the year, he said. Prices will continue to rise, but not at the same pace, he said. “I would be really surprised if that continues.” Young said she anticipates continued growth in the real estate market in 2022, although not necessarily to record levels. Meanwhile, property foreclosure activity continues to slow in Mesa County. Young said 27 foreclosure filings and 21 foreclosure sales were reported in 2021. That’s down 71 percent and 30 percent, respectively, from 2020. The seven resales of foreclosed properties in 2021 constituted just a tenth of a percent of all real estate transactions and a fraction of the 10 percent threshold Young considers indicative of a healthy market. F
The Business Times
January 6-19, 2022
Monument Health acquires wellness services company A Grand Junction-based health care organization has expanded its operation with the acquisition of a company providing workplace wellness services to employers. Ashley Thurow, executive director of Monument Health, said the acquisition of Good Life Wellness Solutions constitutes a “perfect fit” because it further promotes a proactive approach to health care. “This is an affordable Ashley Thurow and interactive platform to support employers, many of whom we already work with, as they engage their employees to live healthy and active lives.” Rebecca Weitzel, the founding partner of Good Life Wellness Rebecca Weitzel Solutions, agreed. “The work Monument Health does couldn’t align more perfectly with the goals of Good Life.” As a clinically integrated network, Monument Health works with health care providers and insurance companies to improve outcomes and lower costs. Since the network was launched in 2016, providers care for a total of 20,000 members in Western Colorado. Weitzel and Skip Hudson launched Good Life Wellness Solutions to offer a range of services from experienced professionals to help clients set up and manage workplace wellness programs. Those services include everything from engagement tracking, health risk appraisals, incentive plans, newsletters and wellness challenges.
Research has shown workplace wellness programs lower health care costs, decrease employee absenteeism and increase engagement and productivity, Weitzel said. Wellness program also can help in recruiting and retaining employees in a tight labor market. “It’s not an app or a website that changes lives, it’s access to real-world connections that makes a difference,” she said. “Rather than pushing people to engage multiple times per day with the technology, we encourage them to engage with each other. Rather than enticing people to spend more time clicking and scrolling through screens to boost product usage, we hope they’ll spend more time chopping and mixing in their kitchens to boost their nutrition. And instead of forcing people to adapt their lives to this platform and the programs we created in it, we seek to adapt our programs to their lives.” Weitzel said she works with care coordinators at Monument Health. When the opportunity arose for the network to acquire Good Life Wellness Solutions, she recognized a good match. Services will continue for employers, but Weitzel said she’s excited to see where Monument Health takes the effort. Thurow said no changes are planned for now. “While Good Life Wellness Solutions will allow us to continue to grow our population health services and support our employer partners and members, we have no major changes planned,” she said. “We will continue to work with our current subscribers and meet their needs the way they are used to being served. And together, when the time is right, we’ll grow and evolve. But we are in no hurry to makes changes to a platform that is a huge success the way it is today.” F
FOR YOUR INFORMATION For more information about Monument Health, visit the website located at https://monumenthealth.net. For more information about Good Life Wellness Solutions, visit https://goodlifewellnesss solutions.com.
Page 5
Page 6
The Business Times
January 6-19, 2022
West Slope credit union members approve merger Members of a Western Colorado credit union have approved a merger expected to increased their access to financial products and services. The Dec. 30 vote was the last step in the process to merge Western Rockies Federal Credit Union based in Grand Junction with Canvas Credit Union based in Englewood. The boards of the two credit Kristi Porter unions previously approved the merger. The process of integrating the 85-year-old Western Rockies Federal Credit Union into the Canvas brand is expected to continue through 2022 with the goal of tailoring operations to meet the needs of the more than
14,000 Western Colorado members. The three Western Rockies Federal Credit Union branches in Grand Junction, Fruita and Rifle will remain open, and accounts will transition from Western Rockies Federal Credit Union to Canvas Credit Union. The 40 employees of Western Rockies Federal Credit Union will join Canvas Credit Todd Marksberry Union. Kristi Porter, president and chief executive officer of Western Rockies Federal Credit Union, said before the vote she was excited about the benefits of the merger in offering more financial products and services to members. Canvas Credit Union also plans to explore
opportunities to open additional branches in Western Colorado as well as provide more support to community efforts — especially those involving schools, families, veterans and first responders. The 82-year-old Canvas Credit Union operates a total of 30 branches throughout the Denver metropolitan area and northern Colorado with nearly 264,000 members and almost $3.5 billion in assets. Todd Marksberry, president and CEO of Canvas Credit Union, said before the vote the merger offered a chance to expand beyond the Front Range. “The opportunity to welcome the Western Rockies Federal Credit Union members and team to our Canvas family opens the door to manifest even more positive change for people across Colorado.” F
Colorado forecast: Revenues rise with economic recovery
Tax revenues are expected to increase as the Colorado economy recovers, according to the latest government forecasts. “Today’s forecast shows that Colorado’s recovery is well under way and that many of our efforts to boost the economy have been successful,” said State Rep. Julie McCluskie, a Democrat from Julie McCluskie Dillon who serves as chairwoman of the Joint Budget Committee. “While we’re all heartened to hear that many of our most treasured industries have come roaring back, we are also keenly aware of the rising cost of living in Colorado and are determined to craft a budget that saves people and businesses money and leaves more money in their pocket at the end of the month.” The Legislative Council staff forecast general fund revenues of $15.9 billion for the 2021-2022 fiscal year and $16.4 billion for the 2022-2023 fiscal year. The Office of State Planning and Budgeting forecast general fund revenue of $16 billion for the 2021-22 fiscal year and $16.3 billion for the 2022-2023 fiscal year. The state is expected to exceed constitutional limits on income tax collections imposed under the so-called Taxpayer Bill of Rights. The latest forecasts constitute increases over what was projected in September and are based on what’s expected will be increased wages and consumer spending as well as improving household finances. The statewide unemployment rate is expected to retreat to 4.1 percent in 2022. The forecasts also identify risks, however, including the effects of the COVID-19 pandemic, inflation, supply chain disruptions and decreased federal stimulus funding. Moreover, the economy likely will recover more slowly in some geographic areas and industry sectors. F
January 6-19, 2022
The Business Times
Page 7
Business survey reveals opposition to service tax Members of a small business advocacy group in Colorado say they’re opposed to sales taxes on services, according to the latest results of an annual poll. Members also opposed additional compensation for employees whose work schedules are changed without notice, but favored limits on gubernatorial powers during emergencies. Tony Gagliardi The National Federation of Independent Business sends ballots each year to members, most of them small business owners. Their opinions on state and national issues — along with the results of other polls as well as visits with small business owners throughout the year — help determine the group’s lobbying positions in
Denver as well as other state capitals and Washington, D.C. “It’s so important to keep in mind this extraordinary time during which small business owners were making their ballot decisions,” said Tony Gagliardi, state director of the NFIB in Colorado. “Those who survived the pandemic were then whacked with supply chain disruptions, inflation and an inability to find employees to fill job openings. The last thing they want to hear is someone’s idea for a new tax or compliance requirement.” For 2022, the Colorado ballot asked members four questions. Fully 98 percent of those answering a question about whether Colorado should impose a sales tax on services indicated they were opposed. While 1 percent responded yes, 1 percent were undecided. Another question asked if employers should be required
to provide work schedules at least two weeks in advance and offer “predictability pay” if a work shift is changed or canceled without notice. Of those who responded, 92 percent were opposed. While 3 percent answered yes, 4 percent were undecided. A third question asked if repair shops and customers should be able to access the necessary information to repair products. Of those who answered, 73 percent said yes and 14 percent no. Another 13 percent were undecided. The fourth question asked if the Colorado Legislature should revise state laws to reduce gubernatorial powers during declared emergencies. Of those who responded, 67 percent said yes and 22 percent no. F
Page 8
The Business Times
January 6-19, 2022
Colorado among top 10 states in U-Haul analysis Colorado continues to rank among than 2 million truck rental HOW STATES RATE transactions a year. the top 10 destinations for do-it-yourself While U-Haul statistics movers, according to the latest analysis of Here are the top and bottom don’t correlate directly to national migration trends based on U-Haul five rankings in the 2021 U-Haul population or economic truck rentals. Growth Index: growth, they offer a measure Colorado dropped one spot to seventh 1. Texas 46. Alabama of how states attract and in the 2021 U-Haul Growth Index. Denver, 2. Florida 47. Massachusetts retain residents. Fort Collins and Colorado Springs ranked 3. Tennessee 48. Pennsylvania “People are moving among the top cities in the state for growth. 4. South Carolina 49. Illinois to Colorado,” said Adam Other cities with net gains included 5. Arizona 50. California Walker, president of Montrose as well as Boulder, Durango, U-Haul Company of North Pagosa Springs, Pueblo and Silverthorne. U-Haul bases the rankings on one-way trucks entering Western Colorado. “The outdoor life is very appealing. and leaving states and cities during a calendar year. With the pandemic, individuals are seeking nature and Information is collected from more than 23,000 U-Haul being outdoors versus indoors. Additionally, the locals are truck and trailer rental locations. U-Haul handles more very friendly, and it feels welcoming.”
U-Haul customers made Texas and Florida their top two destinations in 2021, followed by Tennessee in third. Those states comprised the top three for a second straight year, with Tennessee taking top honors in 2020. Texas is the leading growth state for the fourth time in the last six years, and has never ranked lower than second in that span. Along with Colorado, South Carolina, Arizona, Indiana, Maine, Idaho and New Mexico rounded out the top 10 states for 2021 growth as self-movers continued to migrate to the Southeast as well as to markets in the Southwest and Rocky Mountain regions. California ranked last and Illinois 49th for a second straight year as the states with the greatest net loss of U-Haul trucks. Pennsylvania, Massachusetts and Alabama rounded out the bottom five states. F
Community Hospital celebrates the birth of first baby of 2022
Community Hospital in Grand Junction welcomed the first baby born there in 2022 with a basket of gifts. “The past couple of years have been challenging with COVID-19, so we are very excited to ring in the new year in this special way,” said Marsha Bagby, director of the Birth Place at Marsha Bagby Community Hospital. The first baby of 2022 was a girl born at 2:56 a.m. Jan. 2. She weighed 7 pounds and 1 ounce. The Community Hospital Foundation presented a basket to the family containing donated gifts, including baby items from Colorado Baby and the Community Hospital gift shop as well a gift certificate from Target, dinner for two from Texas Roadhouse, a photo session from Galasso Images, a facial for mom from Suite One Skin Care and a floral arrangement from Country Elegance Florist. “The Birth Place at Community Hospital has been open since March 2016, and we have been extremely humbled by the overwhelming support we have received from the community,” Bagby said. “We very much look forward to a brighter year ahead. We congratulate this wonderful family and all of the families who are welcoming their bundles of joy in 2022.” The labor and delivery unit at Community Hospital features eight labor, delivery, recovery and postpartum suites, each with a private jetted tub. Expectant parents also enjoy private parking and a private entrance with an elevator that takes them directly to the labor and delivery unit. Each family also enjoys a steak and shrimp dinner prior to leaving the hospital or has the option to take home a gift basket to enjoy at a later date. To learn more about labor and delivery services offered at the Birth Place at Community Hospital, visit the website at www.YourCommunityHospital.com. F
January 6-19, 2022
The Business Times
Page 9
Page 10
The Business Times
January 6-19, 2022
Survey
Continued from page 2 with a 35.85 percent response. A forwardthinking community was third at 34.22 percent; a top-tier K-12 education system at fourth at 31.77 percent; and our public lands, that are varied, beautiful and easily accessible at 30.14 percent. The second question asked respondents about their priorities for economic development efforts. The top response, cited by 42.77 percent of those who responded, was the kindergarten through 12th grade education system. Increasing green spaces, trails and outdoor recreation opportunities ranked second at 35.23 percent, while improving transportation infrastructure was third at 31.77 percent. Improving broadband connectivity came in fourth at 30.96 percent and supporting climate change policies to maintain or improve air and water quality fifth at 29.12 percent. The survey also invited participants to write in comments. Many respondents called for support for arts and culture, while others called for efforts to provide affordable housing and livable wages while also addressing homelessness. F
FOR YOUR INFORMATION For more information about the Grand Junction Economic Partnership survey results and process, visit the website at www.gjep.org/grand-vision.
Tax credits available to help fund switch to employee ownership
Applications are available for tax credits offered to businesses headquartered in Colorado that convert to employee ownership. Credits on state income tax are available to cover up to half the qualified costs of converting to employee ownership between now and Jan. 1, 2027. Eligible structures include employee stock ownership plans, employee ownership trusts and worker-owned cooperatives. Businesses must apply for the credit prior to completing employee ownership conversions. The tax credit program is available under new state legislation. “Employee ownership is widely supported, and the businesses we speak with that have made the conversion have inspiring stories of the transformation employee ownership has provided to their company culture and employee engagement,” said Patrick Meyers, executive director of the Colorado Office of Economic Development and International Trade. For more information about the program, visit https://oedit.colorado.gov/ employee-ownership-tax-credit. F
January 6-19, 2022
Shooting
Continued from page 2 Holt says the staff of 10 brings a collective 350 years of experience to their jobs, a passion for firearms and knowledgeable and friendly service that differentiates the operation in a competitive marketplace. Those employees provide the kind of experience Holt says he wants — sharing knowledge, but in way that’s respectful and approachable. That’s important in a business in which some customers unfamiliar with firearms can feel intimidated. As for firearms, Holt says Jerry’s Outdoor Sports carries an inventory with a total of more than 2,000 rifles, shotguns and pistols. The store also sells firearms on a consignment basis, updating its website listing on a daily basis, he says. “That’s got a pretty good following. They turn pretty quick.” Jerry’s Outdoor Sports also stocks a wide selection of ammunition as well as reloading equipment, optics, gun safes and an assortment of other accessories. Holt says he hopes to carry more merchandise from local manufacturers, including Viking Armament and XLR Industries. The effects of the COVID-19 pandemic and supply chain disruptions have made it more challenging to bring in merchandise. But Jerry’s Outdoor Sports has fared better than other retailers, Holt says, because of its long-standing relationships with manufacturers and distributors. At the same time, demand has increased, he says — not only from existing customers, but also new customers. “Business is going great.” He attributes that to a combination of factors, including a growing number of people who purchase firearms for personal safety. “People are seeing things through a new lens,” he says. “They want to feel safe.” Other people pursue shooting sports as a hobby. Long-range shooting has become particularly popular, he says. Grand Junction is located in a region that offers many hunting opportunities — not to mention what Holt calls a worldclass facility at the nearby Cameo Shooting and Education Complex. Customers come to Jerry’s Outdoor Sports, he says, because they know they’ll find there knowledgeable staff eager to cater to them. Looking ahead, Holt says he hopes to update the computer system and website to accommodate online sales as well as ramp up marketing. But for now, he says he’s grateful for the support he’s received from the staff and community and especially his wife, Jessica. “She was probably my biggest supporter through this.” Holt also credits his faith. “That’s played a big role in having my dream come true,” he says. “It’s been a blessing for sure.” F
The Business Times
Page 11
News Trends Contributors Tax collections on the rise Opinion Business Briefs Business People Almanac Page 12
The Business Times
January 6-19 2022
INDICATORS AT A GLANCE
Measures reflect increased retail and lodging activity in Grand Junction Sales tax collections, a key indicator of retail activity, continue to increase in Grand Junction. The City of Grand Junction collected more than $4.8 million in sales taxes in November. That’s an increase of more than $627,000 and 14.9 percent increase over the same month in 2020 as well as a gain over the same month for the past four years. Lodging tax collections, a measure of hotel and motel stays, also increased on a year-over-year basis. November collections reflect October activity. December and January reports will reflect holiday shopping. The city collected a total of more than $5.8 million in sales and use taxes in November counting nearly $878,000 as its share of sales tax collections in Mesa County. That’s a 15.5 percent increase over November 2020. The city collected more than $76,000 in use taxes, a smaller and more volatile source of revenue that reflects in part activity in the construction and energy sectors. That was a gain of $13,212 and 20.9 percent year over year. The November numbers brought sales and use tax collectons for 2021 to a total of more than $63.2 million. Year-to-date sales tax collections rose more than $10.7 million and 20.4 percent to exceed $53.4 million. The city received almost $8.8 million as its share of county sales tax collections. City use tax collections increased nearly $140,000 and 15.6 percent to more than $1 million. Except for a dip in 2020, year-to-date sales and use tax collections have increased in each of the last four years. The city also collected in November a total of nearly $966,000 in sales and use taxes earmarked for public safety, an increase of almost $111,000 and 13 percent over the same month last year. That brings the year-to-date total for sales and use tax collections for public safety to more than $10.6 million — a gain of nearly $2.8 million and 35.5 percent over 2020. The city also collected $362,081 in lodging taxes in November,
CITY TAX COLLECTIONS AT A GLANCE
Here’s a look at Grand Junction collections for November sales, use and lodging taxes. November 2021 November 2020 s Sales tax $4,847,669 $4,139,195 s Use tax $76,423 $74,925 s Lodging tax $362,081 $286,674
an increase of $75,407 and 26.3 percent over the same month last year. With the exception of 2020, November lodging tax collections have increased over the past four years. Through November, the city collected nearly $3.5 million in lodging taxes year to date. That’s a gain of almost $1.3 million and 58.4 percent over 2020, numbers reflecting in part the effects of the COVID-19 pandemic and related restrictions last year. While year-to-date lodging tax collections dropped in 2020, they’ve otherwise increased over the past four years. Lodging tax collections fund Visit Grand Junction, the city tourism and destination marketing organization. But under a ballot measure approved in 2018 doubling the city lodging tax from 3 percent to 6 percent, revenues from the increase are split three ways: 1.25 percent to Visit Grand Junction, 1 percent to the Grand Junction Regional Air Service Alliance to support additional direct flights to and from the Grand Junction Regional Airport and 0.75 percent to the Greater Grand Junction Sports Commission to promote tourism related to sports activities and events in the Grand Valley. So far in 2021, Visit Grand Junction has received $736,455 from the increase, while the Grand Junction Regional Air Service Alliance has received $441,873 and the Greater Grand Junction Sports Commission $589,164. F
Consumer Confidence Index increases A measure of consumer confidence continues to increase on more upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index climbed to 115.8 in December. That’s a gain of 3.9 points over a reading that was revised upward for November. For December, a component of the index tracking current assessments edged down even as a component tracking expectations increased. “Expectations about short-term growth Lynn Franco prospects improved, setting the stage for continued growth in early 2022,” said Lynn Franco, senior director of economic indicators at the Conference Board. The proportion of consumers planning to purchase homes, cars and major appliances as well as go on vacations over the next six months increased, Franco said. Concerns about inflation subsided after hitting a 13-year high in November. Worries about the COVID-19 pandemic also decreased despite the emergence of the omicron variant, she said. Those challenges will persist, however, Franco said. “Looking ahead to 2022, both confidence and consumer spending will continue to face headwinds from rising prices and an expected winter surge of the pandemic.” The Conference Board, a member-driven think tank in New York, bases the Consumer Confidence Index on the results of monthly household surveys.
Economists monitor the index because consumer spending accounts for more than two-thirds of economic activity. Less optimistic assessment of current business and labor conditions pulled down the present situation component of the index three-tenths of a point from November to 144.1. The proportion of consumers responding to the survey upon which the December index was based who described business conditions as “good” increased two points to 19.9 percent. The share of those who said conditions were “bad” decreased a half point to 26.8 percent. The proportion of those who called jobs “plentiful” retreated four-tenths of a point to 55.1 percent. The share of those who said jobs were “hard to get” advanced 1.7 points to 12.5 percent. A more upbeat outlook pushed up the expectations component of the index 6.7 points to 96.9. The share of consumers who said they expect business conditions to improve over the next six months rose 1.1 points to 26.7 percent. The proportion of those who said they anticipate worsening conditions fell 1.7 points to 17.9 percent. The share of those expecting more jobs to become available in coming months increased 2.3 points to 25.1 percent. The proportion of those who forecast fewer jobs decreased 4.2 points to 14.8 percent. While 18 percent of consumers said they expect their incomes to increase — down nine-tenths of a point from November — 11.5 percent said they anticipated lower incomes. That’s down two-tenths of a point. F
n Business filings t New business filings in Colorado, 38,211 in the third quarter, down 1.2% from the third quarter of 2020.
n Confidence
s Consumer Confidence Index 115.8 in December, up 3.9. t Leeds Business Confidence Index for Colorado, 56.1 for the fourth quarter, down 11.2. s National Federation of Independent Business Small Business Optimism Index 98.4 for November, up 0.2.
n Foreclosures
t Foreclosure filings in Mesa County, 2 in December, down from 8 in December 2020. s Foreclosure sales in Mesa County, 3 in December, up from 2 in December 2020.
n Indexes
s Conference Board Employment Trends Index, 114.49 for November, up 1.46. s Conference Board Leading Economic Index 119.9 for November, up 1.1%. t Institute for Supply Management Purchasing Managers Index for manufacturing, 58.7% for December, down 2.4%.
n Lodging
s Lodging tax collections in Grand Junction, $$362,081 for November, up 26.3% from November 2020.
n Real estate
s Real estate transactions in Mesa County, 562 in December, up 4.8% from December 2020. s Dollar volume of real estate transactions in Mesa County, $256 million in December, up 52.4% from December 2020.
n Sales
s Sales and use tax collections in Grand Junction, $5.8 million for November, up 15.5% from November 2020. s Sales and use tax collections in Mesa County, $4.2 million for November, up 15.3% from November 2020.
n Unemployment n Mesa County — 4.7% for November, unchanged. t Colorado — 5.1% for November, down 0.3. t United States — 4.2% for November, down 0.4.
Trends Contributors Opinion Laboring to comply Business Briefs Business People Almanac
January 6-19, 2022
The Business Times
Page 13
COMING ATTRACTIONS
n The Grand Junction Area Chamber of Commerce has scheduled a presentation on railroad freight logistics as well as its annual banquet and trip to the Colorado Legislature. A presentation on railroad freight logistic challenges is set for 2 to 3:30 p.m. Jan. 11 at the Colorado Mesa University Center ballroom. Nathan Anderson Sr., director of public affairs with the Union Pacific Railroad, and Alisha Elgan, a regional manager of economic and industrial development for the railroad, are scheduled to attend and offer information about the basics of railroad operations and what they mean for the Grand Valley. There’s no charge to attend the presentation, but registration is required. The annual chamber banquet is scheduled for 6 to 11:30 p.m. Jan. 28 at the Grand Junction Convention Center located at 159 Main St. The fund-raising event will include networking and the presentation of Businesses of the Year and Citizen of the Year awards. Advance registration and payment are required. Fees can’t be canceled or refunded 14 business days prior to the event. Substitutions and special assistance requests may be made up until seven business days prior to the event. The annual legislative days trip to the Colorado Capitol in Denver is set for Feb. 24 and 25. The trip will feature conversations with legislators, including a dinner with more than 30 lawmakers. To register for or obtain more information about upcoming chamber events, call 242-3214 or visit https://gjchamber.org. n The next Coffee Club meeting is scheduled for 9 to 10 a.m. Jan. 21 at the FWorks coworking space located at 325 E. Aspen Ave. in Fruita. A collaborative event organized by FWorks, the Fruita Area Chamber of Commerce and Business Incubator Center, the meeting will offer coffee, networking and a discussion of small business issues. The event is free for Fruita chamber members and $5 for others. For additional information, call 243-5242 or log on to the website at http://gjincubator.org.
The new year brings more changes to Colorado employment laws The Colorado Legislature and Colorado Department of Labor and Employment, specifically the department’s Division of Labor Standards and Statistics (DLSS), have acted aggressively to reshape rules applying to the employee-employer relationship over the past two years. The year ahead will offer no exception. Here’s a look at some of the changes coming in 2022. The DLSS wage protection rules and Colorado overtime and minimum pay standards (COMPS) order will change significantly. For more information on the regulatory changes discussed here, visit the DLSS website at https://cdle.colorado.gov/dlss. n Vacation isn’t just vacation. One of the most significant changes in 2022 arises from the Colorado Supreme Court case in Nieto v. Clark’s Market. The Colorado Wage Act was Dean already clear that earned and determinable Harris vacation constitutes wages that must be paid upon separation from employment if paid vacation remains unused. The Supreme Court held that once vacation is accrued, it’s earned and can’t be forfeited. The decision made “use it or lose it” vacation policies illegal. But Colorado courts have never addressed whether vacation pay also includes such paid leave as paid time off or personal days. The Colorado Wage Protection Rules that took effect Jan. 1 make it clear vacation pay is any “pay for leave, regardless of its label, that is usable at the employee’s discretion … rather than leave usable only upon occurrence of a qualifying event (for example, a medical need, caretaking requirement, bereavement or holiday).” This increases unfunded liabilities for employers who offer PTO in lieu of separate vacation and sick leaves or offer “personal” days or holidays employees use at their discretion. The new rule clarifies employers aren’t required to offer vacation at all and may cap the amount of vacation an employee may accrue. While the employer can’t take away vacation already accrued, it can limit how much vacation is accrued. Under this type of cap, once an employee hits a particular limit, the employee earns no new vacation time until the employee falls under the cap limit. Employers Council attorneys and human resource professionals have recommended this type of cap for many years. The Employers Council provides resources and counsel to its members on how to structure this type of vacation plan. n COMPS Order 38 changes certain agricultural and livestock exemptions. The COMP order effective Jan. 1 introduces complex new rules for applying overtime exemptions to agricultural and range workers and “decision-making managers” at livestock employers. Employers engaged in agriculture and livestock production should read the new COMPS order — available on the DLSS website — carefully and consult legal counsel with any questions. n COMPS Order 38 specifies how the regular rate is calculated for employees who work under multiple hourly pay rates. To calculate the regular pay rate for employees who work under variable pay rates, new rules require employers to use the weighted average method. All wages earned performing each job
are added, and the total is divided by the total number of hours worked. Employers may instead pay overtime based upon the pay rate in effect at the time the overtime hours were worked. This is consistent with federal law. But COMPS Order 38 requires an employer to have a written agreement with the employee stating the rate in effect method will be used before the work is performed. If this requirement isn’t met, the employer must use a weighted average to calculate overtime. n Break time is required paid time. The current COMPS order already requires 10-minute rest periods and requires employers to pay employees for missed rest periods. COMPS Order 38 clarifies this penalty applies to any required rest period, including incomplete rest periods, rest periods for employees who don’t earn hourly wages and rest periods under any other law that provides for a rest period of a different length than the COMPS order. COMPS Order 38 makes clear this requirement doesn’t eliminate the employer’s obligation to provide rest periods. The extra compensation is a penalty for violating the law, not a way around providing breaks. n The Healthy Families and Workplaces Act (HFWA) applies to all employers in 2022. While this isn’t new, a reminder is in order. The Colorado Legislature passed HFWA in 2020. In 2021, the HFWA applied only to employers with over 15 employees. In 2022, the HFWA applies to all employers regardless of size. The HFWA requires employers to provides up to 48 hours of leave that can be used for specified health purposes. The leave must accrue at the rate of at least one hour for every 30 hours worked. An organization’s paid time off policy will satisfy the HFWA if the policy meets all HFWA requirements. A helpful information bulletin on the FHWA is available at the DLSS website. n New HFWA rules address how employees must be paid for sick leave. The wage protection rules that took effect Jan. 1 clarify how special situations must be handled, including the amount of leave that must be made available to on-call employees or employees who work indeterminate shifts. The new rules also specify how sick leave pay is calculated. The calculation of the regular rate for purposes of paying HFWArequired sick leave is significantly different than the regular rate the COMPS order uses for calculating overtime. The HFWA pay rate is determined by looking back at the employee’s pay over the 30 calendar days prior to taking leave. In contrast, the COMPS order — and Fair Labor Standards Act — calculate the regular rate for paying overtime on a single workweek. While bonuses are included in determining the regular rate for calculating overtime under the COMPS order, bonuses are omitted from the regular rate when calculating the rate for sick pay. In conclusion, employers should read the new regulations to avoid inadvertent violations and subsequent damages and penalties. Dean Harris is the Western Slope Area managing attorney for the Employers Council. The Employers Council counsels, represents and trains member employers in all phases of employment relationships. Contact Harris at dharris@employerscouncil.org or 852-0190. F
Center schedules business startup workshops The Business Incubator Center in Grand Junction has scheduled upcoming sessions of a business startup workshop. The sessions are set for 1 to 4:30 p.m. Jan. 6 and 27 at the center, located at 2591 Legacy Way. The sessions will cover the business planning process, including financiing options, legal structures, licensing requirements, state registration and trade name searches. Completion of the workshop also offers access to the Fast
Trac Business Basics Program offering one-hour presentations on business planning, cash flow, licensing and marketing. Admission to the startup workshop is $55 — $27.50 for the second person from the same business. To register for or obtain additional information about events, programs and services at the Business Incubator Center, call 243-5242 or visit https://gjincubator.org. F
Page 14
The Business Times
January 6-19, 2022
Invest in your team for greater success in 2022 Fully 40 percent of employees who receive poor job training leave their positions within the first year, according to GoHR.com. In addition, 70 percent of staff members would be at least somewhat likely to leave their jobs for an organization known for investing in employee development and learning, according to the Harris Poll. These proportions increase with shifts in team member demographics and point to the value of training and development in decreasing turnover and increasing team member recruitment and satisfaction. Team members, owners and companies fall into ruts. This must be overcome if they’re to realize their potential and experience the happiness and success they desire. The way out of Marcus this stagnant state is through consistent Straub and ongoing learning opportunities that expand the skills and mindsets of the team and professional development that challenges and expands the capabilities of team members over time. Consistent trainings provide opportunities for team members to learn, grow and develop their abilities. However, trainings are often sporadic and lack follow-up and followthrough. For any training or professional development program to be effective, it must be conducted regularly and delivered by a competent and engaging professional. Participants must be willing to learn. Moreover, trainings must be applicable and reinforced in day-to-day operations. The ultimate success of any team depends on this highly effective approach of training, coaching and targeted professional development. When you research the greatest companies, you find solid business models that include consistent, ongoing and effective professional development.
Consistent trainings provide opportunities for team members to learn, grow and develop their abilities.
People come alive with clarity, direction, excitement and motivation when working with a dynamic trainer who connects with them. Those who want to learn and grow stand out. They listen intently, ask questions and reach for even more with open eyes and receptive minds. Most people desire to learn. When given the opportunity and learning that’s supported in an ongoing and consistent way, they become more competent and self-confident. Trainings also help identify team members who are unmotivated, don’t want to learn and grow and present obstacles to the success the rest of the team strives to achieve. Once these people are identified, further work can be done with them on a one-on-one basis to help them become an asset. If, however, it’s determined this isn’t going to happen, letting these individuals go positions your company to hire up and bring on potential top performers. While providing trainings that solely enhance the technical skills of your team are better than nothing, it’s the trainings that teach your people how to manage their minds that are far more effective and long lived. If you truly desire to stretch the capabilities of yourself and your team, trainings must be engaging, challenging and empowering to the very thought processes of those in attendance. One of the best ways to assist yourself and your team members is through targeted trainings to overcome gaps in behaviors, business acumen, emotional intelligence, motivation and skills. Unbiased and statistically accurate assessments
identify specific gaps in individuals and teams. Using this vital information, a professional development expert can target areas that present obstacles to top performance. Targeted, effective trainings infuse your company with new information as well as energy, fresh perspectives, strategies and tools. When talented and motivated individuals are stimulated through trainings and their growth is supported through coaching and professional development initiatives, they rise to new heights in their capabilities and performance. When this is coupled with a sustained internal effort, the return on your investment is significant. Talented, motivated and competent people are at the very core of successful companies. Their skills and the strength of their mindsets allow them to operate at their highest levels on a consistent basis. If you make the wise choice to expand the capabilities and confidence of your team members in 2022, ensure a greater return on investment by making high quality coaching, professional development and trainings a consistent and ongoing part of your business culture. The payoff will be more effective team members as well as less turnover, improved customer satisfaction, increased revenue, a stronger team and greater success. Marcus Straub owns Life is Great Coaching in Grand Junction. His personalized coaching and consulting services help individuals, business owners, executives and companies build teams, organizations and lives filled with happiness and success. Straub is winner of the International Coach of the Year Award and author of “Is It Fun Being You?” He’s available for free consultations regarding coaching, speaking and trainings. Reach Straub at 208-3150, marcus@ligcoaching.com or through the website located at www.ligcoaching.com. F
January 6-19, 2022
The Business Times
Page 15
What to look for in company retirement plan advisors Insurance and financial advisors often find themselves in competition to provide for the benefit and pension plan needs of business owners. Many owners seek referrals from such other advisors as accountants and attorneys. Others talk to fellow business owners or friends. Still, many owners remain at a loss as to how to find and vet a benefits or retirement plan advisor. No matter what approach you take, here are a few suggestions on finding advisors. First and foremost, make sure they’re fully and licensed and their registrations are current. Insurance is licensed at the state level, so you should check with the Colorado Department of Regulatory Agencies Department of Insurance. Investments require licensing at the national Janet level as well as registration at the Arrowood state level. For these advisors, check the Financial Industry Regulatory Authority (FINRA) website at www.finra.org. Next, get something in writing they adhere to the U.S. Department of Labor fiduciary rule. According to the DOL website: “The DOL’s definition of fiduciary demands that retirement advisors act in the best interests of their clients and put their clients’ interests above their own. It leaves no room for advisors to conceal any potential conflict of interest and states that all fees and commissions for retirement plans and retirement planning advice must be clearly disclosed in dollar form to clients.” It’s in the best interests of business owners to work with advisors who know and follow these guidelines. In addition, the fiduciary definition has been expanded to include any professional making a recommendation or
Training, mentoring and on-the-job experience are essential parts of qualifications. But spending time and money to earn professional, industry recognized designations goes even further.
solicitation in this area, not simply giving ongoing advice. Previously, only advisors who were charging a fee for service — either hourly or as a percentage of account holdings — on retirement plans were likely to be fiduciaries. Details can be found at www.everycrsreport.com/reports/R44884.html. Finally, consider certifications. Training, mentoring and on-the-job experience are essential parts of qualifications. But spending time and money to earn professional, industry recognized designations goes even further, showing a dedication to and interest in becoming a specialist in the benefits and retirement areas. Some of the relevant designations to look include: n Accredited Pension Representative: The National Institute of Pension Administrators bestows this designation. According to www.nipa.org: “The Accredited Pension Representative designation program provides a general survey of all types of retirement plans and engages in the advanced study of retirement plan topics, ranging from fiduciary responsibility and prohibited transactions to minimum coverage testing and distributions.” Candidates must pass two exams and possess one of the following: a FINRA Series 6, 7, 65, 66 or 24 license or insurance license. n Certified Financial Planner: The CFP program is
a multi-part course of study with examinations after each module. Those who complete the course must demonstrate competency in all areas of financial planning, including retirement planning. Other professionals, not just financial advisors, may earn the CFP designation, including accountants, attorneys and insurance agents. For more information, visit www.cfp.net. n Chartered Financial Analyst. The CFA designation indicates the advisor has completed courses and examinations in accounting, ethical and professional standards, economics, portfolio management and securities analysis. This is one of the most difficult designations to obtain. It takes a minimum of three years and 900 hours of study to pass three tests. For more information, visit the CFA Institute website at www.cfainstitute.org. n Chartered Financial Consultant: This designation is similar to the CFP. The holder is deemed proficient in advanced financial planning, including estate planning, income taxes, investments and insurance. Earning the designation requires a minimum of three years of work in the financial services industry. For more information, visit the American College website at www.theamericancollege.edu. Designations are not an end in themselves. Some of the best insurance and financial advisors have never earned any designations. But if someone tells you they hold a certain designation, always check with the certifying organization to make sure. Janet Arrowood is founder and managing director of the Write Source, a Grand Junction firm offering a range of services, including grant and proposal writing, instruction and technical writing. Reach her by email at janet.arrowood@thewritesourceinc.com. For more information, log on to www.TheWriteSourceInc.com. F
Page 16
The Business Times
January 6-19, 2022
Property managers professional problem solvers It’s 6 a.m. on a Monday, and 6 inches of fresh snow cover the ground. Employees and customers will make their way into the businesses in your commercial building in a few hours. You pour a cup of coffee and wonder who’ll clear the snow and ice from the sidewalks? How about the roof? Will snowmelt cause leaks or other issues? A knot forms in your stomach as you pull on your parka and snow boots and head out the door to deal with the problems that one overnight snowfall might cause. Now imagine a different scenario. Snow falls as you enjoy your morning Cat coffee. You know your commercial Coughran properties are going to open safely in a few hours, free of snowy, icy sidewalks. And just a few weeks ago, a scheduled roof inspection showed no signs of concern. A smile spreads across your face as you plan a day of powder skiing. Hiring a commercial property manager is the key to ensuring commercial property investments are not only protected, but also stress-free. These professional problem solvers oversee the accounting, maintenance, management and tenant needs for commercial property owners. “Planning for seasonal maintenance and inspections, making sure the properties are safe and looking good and handling tenant needs are all in a day’s work,” said Jami McLennan, a commercial property manager with the Bray & Co. Real Estate commercial property management division in Grand Junction. “When it snows, I make sure all our snow removal crews are on it. It is the relationship between our in-house maintenance team and our highly vetted group of vendors
Hiring a commercial property manager is the key to ensuring commercial property investments are not only protected, but also stress-free.
that make the routine maintenance work smoothly,” she said. Maintenance constitute a big part of commercial property management, McLennan said. “We have an in-house maintenance lead assigned to each property and a licensed general contractor oversees our whole maintenance division. This ensures continuity of service by someone who knows the special characteristics of the property and the routine maintenance it needs.” A commercial property management company with long-standing relationships with third-party vendors and a track record of payment ensures special projects get done right and on time, McLennan said. “When we call on a vendor for a project, large or small, we know they will prioritize the work. This is a huge value for our property owners.” Working with an experienced commercial property manager from a reputable firm protects real estate assets by ensuring the properties are maintained, rent rates and collections are maximized and capital projects managed. Commercial property managers work closely with accounting teams to ensure the financial aspects are handled as well, said Jane Reed, an accountant with the Bray commercial property management division. “Managing accounts receivable and payable, allocating expenses per leases as well as preparing for taxes and making insurance payments are all part of the service I bring to owners. Along
with full accounting services, we provide more specialized services, such as annual triple net reconciliation and budgets for the coming year.” While commercial property managers primarily serve owners, the managers also offer value to tenants. Keeping properties safe is essential to tenants whose employees and customers use the property to conduct business. Commercial property managers address problems as they arise and can mediate disputes, negotiate bids for special projects and provide such convenience as online lease payments. A commercial property manager helps attract and retain quality tenants, bringing additional value to owners. “No two days are alike,” McLennan said. “I am on call for big catastrophes and there for the little things, too. Sometimes it seems like answering phone calls and emails are my main jobs, but I know that communication is the key to success in this business.” Here are some attributes to look for in choosing a commercial property manager: n Knowledge and experience. n Strong negotiating skills. n Project management and budgeting skills. n The ability to balance the needs of owners and tenants. n Patience and grace. n Backed by a reputable firm with in-house maintenance and accounting services. Cat Coughran is marketing director of Bray & Co. Real Estate based in Grand Junction. The commercial property management division of the firm manages properties in Mesa and Garfield counties. For more information, call 242-3647 or visit www.brayandco.com. F
January 6-19, 2022
The Business Times
Page 17
Workplace wellness improves your bottom line Think about the last time you had a cold, back pain or stressful event in your life. Remember how hard to was to focus at work and feel productive? Now take that experience and multiply it by every person in your organization as you consider the cost of these factors over time to better understand how poor health and stress affects your business. Here are three ways wellness programs can make your organization more successful while improving the quality of life of your employees: n The problem: Health care Ashley costs spiral out of control, including Thurow insurance and workers’ compensation premiums as well as increasing sick leave and disability claims. The costs: In 2017, average annual health insurance premiums increased 3 percent to $18,764 for each family covered. According to the Centers for Disease Control and Prevention, 86 percent of health care spending is on such chronic conditions as diabetes, depression and heart disease. On average, a person with one chronic condition with miss 20 days of work a year. The solution: Based on 42 published studies, a focused
and effective wellness program could reduce health care costs and sick days by 28 percent. n The problem: Staff is unengaged and exhibits low camaraderie as the business culture fails to encourage production and effective teamwork. The costs: Employees who lack a sense of purpose and social connections at work take more sick days and are more distracted when at work. They lack passion, job satisfaction and are unlikely to recommend the company to others. Productivity suffers. The solution: Wellness programs address this in two ways. First, the employer-employee connection is enhanced because employers demonstrate they care about employee well-being. Second, employees get to know each other through group activities and friendly challenge competitions. Fully 70 percent of employees believe wellness programs contribute to their overall job satisfaction. n The problem: Hidden overhead costs reduce profitability, and a variety of small factors combine to hurt the bottom line. The costs: A set of undesirable things happen when employees aren’t engaged. Employee turnover and labor costs increase. It’s difficult to recruit in a competitive market without a wellness program. Customer service goes down and the cost of finding new customers goes up. Employees are at work less and more distracted
when they are. The solution: Enjoy returns on employee investments. Fully 65 percent of companies saw these improvements when implementing wellness programs, all of which increase productivity and reputation: 16 percent increase in employee sense of purpose, 22 percent increase in sense of great work being done, 16 percent increase in engagement, 24 percent increase in sense of opportunity and 19 percent increase in employee perceptions of leadership. It could be you already have the money to pay for a wellness program, but are spending it in ways you don’t realize. The obvious and hidden costs associated with poor employee health and low employee engagement add up to sap your organization of vitality and success. A consultation with an established, professional, workplace wellness organization can help you recognize opportunities to save money, improve your bottom line, increase employee morale and efficiency and grow your business. Ashley Thurow serves as executive director of Monument Health, a clinically integrated network based in Grand Junction. Monument Health acquired Good Life Solutions to provide workplace wellness services to employers of all sizes. Learn more at www.monumenthealth.net. F
Going back to work after COVID: Guidance changing An update to the COVID-19 isolation and quarantine guidance makes getting back to work after COVID-19 illness or exposure much faster. The Centers for Disease Control and Prevention based the change on data showing the majority of COVID-19 transmission occurs early in the course of illness. Like most changes to COVID-19 guidance, it’s complex. So let’s break it down: People who test positive for COVID-19 should isolate for five days regardless of vaccination status. If symptoms are gone or resolving after Stefany five days, the person can end isolation, Busch but should continue wearing a mask around others for five additional days. If symptoms are not gone or resolving, the person should remain at home. This is especially true if they’re running a fever. If a fever is present, continue to isolate until
RentaSpace.DiegoCorp.com
Subscribe today (970) 424-5133
www.thebusinesstimes.com
People who test positive for COVID-19 should isolate for five days regardless of vaccination status. If symptoms are gone or resolving after five days, the person can end isolation, but should continue wearing a mask around others for five additional days.
fever-free for 24 hours. Guidelines for people who’ve been exposed to someone with COVID-19 are different depending on different levels of protection. If you’ve received a COVID-19 booster shot, are within six months of your second Pfizer or Moderna shot or within two months of your Johnson & Johnson shot, you
should wear a mask in public for 10 days after exposure and get tested five days after exposure. If any symptoms develop, get tested and stay away from others. If you’re more than six months out from your second Pfizer or Moderna shot, more than two months out from your J&J shot or are unvaccinated, you should wear a mask for 10 days, quarantine for five days and get tested five days after exposure. If any symptoms develop, get tested and stay away from others. Mesa County Public Health has aligned its guidance for people and businesses in Mesa County. As we learn more about COVID-19, guidance will continue to change. We appreciate the flexibility and cooperation of the community as we battle the pandemic. Stefany Busch is communications coordinator at Mesa County Public Health. Connect with Mesa County Public Health on Facebook at www.facebook.com/MesaCountyPublicHealth or on Twitter @MC_PublicHealth. F
Contributors Opinion Bold foryour 2015 How predictions are you liking A year affords government-run Business Briefs Sonew who’s resolved health care? more like not-so-bold repeats a new opportunity to do more in 2022? Business People Almanac to meet local needs THE he B BUSINESS usiness T T Times IMES
PPAGE age 18 22
Just like nearly everyone else this time of year, I find myself resolved to do more. To eat more nutritious foods. To exercise more. To read more. If nothing else, to live more intentionally. It’s an interesting phenomenon day really A new year almost always brings an opportunity forbecause a fresh every start and thethings first day of the rest of our lives. There’s nothing magical renewed ambition toisdo better. Jan.boils 1. It’s just to one point along the 365-day of In business, thatabout usually down providing customers betterorbit products the at earth around Still, I can’t deny theprocess allure ofmust the and services faster and lower cost the thansun. competitors. Part of the proverbial to clean slate a brand new actually year presents. Here’s include listening to customers determine what they need and thenwhat it is plain It’s ato do-over. Who doesn’t want that? meeting that need. After all, itand doessimple: little good offer the latest and greatest if Whatever motivation, it’s difficult to argue against nobody actually wants what you’rethe selling. the benefits assessing identifying Just like the businesses that of belong to thecircumstances, group, the Grand Junctionareas Areaof improvement setting goals achieve Moreover,of Chamber of Commerce invariably and starts out the newtoyear with them. a reassessment the actions involved achieving goals can with lead members over time to the services and resources it provides andinhow well they match And habits, of I’dthe contend, areboard far more powerful than needs. Jeff Franklin,habits. the new chairman chamber of directors, Phil Castle resolutions in effecting personifies this approach in describing whatchange. he considers his role for the coming I suspect successful and managers year: listen to members, determine their needsbusiness and thenowners meet those needs. It’sgoa through process not only at the beginning of the year, also a continual role withthis which Franklin is familiar as market president of but Bank ofon Colorado. basis.The That’s whatwill enables them to compete in the marketplace, the process take on a more structured approach in whatrecognize the chamber opportunities that arise and advantage of them. plans as the resumption of atake program aptly called Listening to Business. Under the So what are your resolutions for 2022? program, business owners participate in in-depth interviews to identify barriers to Given the challenges presented by a pandemic, labor shortages, supply chain growth and other problems they encounter. disruptions and inflation, constitutes a perfectly good answer. I hope The new year offers asurvival good time to join the proverbial club. business and managers to find ways which their ventures As anowners advertiser or reader, continue what do you need frominthe Business Times? not will While only survive, butjournals also thrive. Despite gather the challenges ahead, the outlook business traditionally and report the relevant newsfor to continued economic recovery remains bright. readers, communication isn’t necessarily a one-way street. That’s especially true as mye-mail resolutions to dialogue continue more to provide resources will help owners WebOne sitesofand make isthe convenient thanthat ever. and managers do just that. To exist both create and curate news stories, Good publications don’t in a vacuum. They respond to business the needsadvice of columns andand other information that proves useful. I remain convinced stories about advertisers readers. They provide what’s needed. successful entrepreneurs and businesses are useful if for no other reason than to So what do you need? detailIsdecisions and techniques others can and keep perhaps there additional news coverage thatconsider would help youreplicate. informedI also about remain eager todevelopments? share news about Valley businesses they’ve local business AreGrand there features that would—bewho’ve interesting or hired, where andwould what new products anda services they offer. I encourage useful?they’ve Is thererelocated advice that make your jobs little easier? thoseIt’s who have such news to to ask email it toyou me don’t as soon as possible. equally important what need. With limited time to Speaking of and resolutions a sort, a survey the Grand Junction produce content limited of space in which to conducted publish it, by would time and space be Economic Partnership produced what I considered some interesting results in what better devoted to something else? residents believe Grand Valley should become. Among What’s good?the What isn’t? What’s needed? What isn’t?their top responses: a safe Let and us forward-thinking and outdoor recreation offering access to know. Send us community an e-mail. Comment online on thehub Business Times Web varied public lands. A top-tier K-12 You education alsoan was a priority. letter to site at www.thebusinesstimes.com. could system even write old-fashioned The main role like. of GJEP to assist new existing in valued relocating the editor if you’d Yourisfeedback, bothand positive andbusinesses negative, is and and expanding operations and creating jobs. But it make sense to at least talk about will be carefully considered. aligning economic development efforts whatthe residents important. Good publications are the result ofwith not only effortsconsider of their staffs, but also There areefforts alwaysinvolving opportunities to do more — as individuals and members of a collaborative advertisers and readers. community. 2022 really happytonew Like anyHere’s other hoping good business, we will wantbetoalisten our year. customers, find out what they need and then meet those needs. Phil It’s Castle is editor of the Business a new year. Please help us toTimes. do so. Reach him at 424-5133 or phil@thebusinesstimes.com. ✦ F
THE BUSINESS TIMES
609 North Ave., Suite 2, Grand Junction, CO 81501 TEL (970) 424-5133 • FAX (970) 424-5134
Publisher/Owner: Craig R. Hall
Editor: Phil Castle
Reach advertising at: publisher@thebusinesstimes.com Reach the editor at: phil@thebusinesstimes.com.
Subscribe or submit press releases online at www.thebusinesstimes.com The Grand Valley Business Times, a subsidiary of Hall Media Group LLC, is published twice monthly and distributed throughout Grand Junction, Fruita and Palisade. Advertising rates and deadlines are available upon request. Opinions expressed in this publication are those of the writers and do not necessarily reflect the views of the publisher, editor, staff or advertisers. Copyright © 2015 — AllCopyright rights reserved. © 2022 — All rights reserved.
Because when push comes to shove — and of force It’sit’s thatalways time ofsome yeartype when when it comes government — abound. that’s resolutions andtoprognostications exactly whatsaying we’re applied living under now. My favorite to New Year’s Becasueis once resolutions in saying they’re basically a you strip everyto break the first week bunch ofaway promises bureaucrat of January.and Andelected while I won’t predict a know-it-all whole lot, Ifrom can pretty much accurately the lawsthat without question nailmandates, a few things and by You will see these are will power make grabs the news. politicos, whopredictable: is at the pretty, well, core ■ of Prediction every decision one: in our lives today? There will be some Theweather answerevent, sort of is the Centers foror natural disaster Craig Hall Disease and heinous Control occurrence Prevention; the U.S. where someone will Food and Drug Administration; and federal, be interviewed and say state and local health the following: “I’ve departments. Why? Because we’ve been conned into believing never seen anything they’re like thatthe in only my ones capable of making healthy medical life decisions for our lifetime.” It’s as and if this Hall country. look at someCraig things you’ve person isLet’s a required been warned aboutnews should the government attendee at every take control of our healthI understand care. reporting event. While most Firstperspective up are all thecan mandates people’s indeedwe’re be limited exposed and influenced bytheir daily.own Nowpersonal you by, or contained within, might think theitreason because our to elected experiences, is too ismuch to ask leaders allhistorical these emergency powers, consulthave some perspective before which be aa thing? good thing crucial can sayingcan such Yes,because this response decisions must be made But quickly in aitstate of apply to some events. when comes emergency. you the only reason to weather (I’d and tell natural disasters, I’m our pretty electeds suchhistory a law was in the hopes sure thispassed is simply repeating itself. their power whenand the emergency Sameparty as itwas hasinfor millions millions of happened because both parties’ lust for power years. More important, the planet made it! is so overwhelming, but that’s anotherHow’s column What didn’t were certain species. for day.) But what kind of emergency thatanother for perspective? do we■have? A HEALTH emergency. Prediction two: When it comes to a else do youthat get occurs mask mandates, crimeHow or something between vaccine downattendee mandates, humans,mandates, the other shut required at all social distancingevents mandates, news reporting is thevaccine personpassports who and rest“They of thewe’re evil coming our saysthe this: just thefrom nicest elected discussing all of people,betters and inunless no waythey’re did I see something the with “health experts?” How many likeabove this coming.” Exactly. No one does times hasthe thetime little,when petty,itevil Dr. Anthony most of comes to Fauci pontificated on national television (I neighbors and acquaintances. People should know, myriad)atsome ideafrom — all while be surprised what grand goes on time to saying in such a humble, nicetowns manner time inittheir neighborhoods, and known from they government bureaucrats — are with people know because people which within becomes the next good. And forweeks the times that they shouldn’t mandate? The is EVERY time.repeat be shocked —answer like with politicians, How about rationing— ofwhere’s services? offenders and terrorists the It wasn’t that ago we used to brag about interview thatlong says, “This doesn’t surprise how me inour thehealth least.”care system treated everyone who ■ came throughthree: the door. Now, think Prediction Something good about how many folks you know who went will happen economically, and the to the emergency roomcredit with COVID-19 government will take for it. The most symptoms only to to gowhere home.people And recent example is be gastold prices, if they theIpoint can’t they ask mehit why won’tthey credit thebreathe, president for should back. is that? Who low gascome prices. MyWhose answeridea is simple: made the policy in Democrat-run states Government never makes the price of to inflict deathgo and suffering in our nursing something down and simply takes credit homes bynews. sending COVID-positive cases for good Gas pricing is subject to back our factors. most vulnerable populations? manyinto global Now there are How many drugstohave been banned in government answers addressing some of the treatment COVID use? them to keep of prices stableforforoutpatient Americans, How many drugs arehas allowed forthem inpatient but our government none of in use (hint: for COVID place. TheONE) only things it has sufferers? in place inWhy the
January15-28, 6-19, 2015 2022 JANUARY
can’t we visit loved ones in the hospital? Why is the federal government up long run always hurt consumers.buying Another the monoclonal antibodies and factsupply is that of unemployment reaches a certain distributing it asthe it sees fit? Why it some level based on economy. Andiswhile the states are distributing thethe same antibodies government might brag number is low, based on than race?likely And now we’re at thedid point it’s more the government where government the medical something to causedemands that number being low records of certain patients in spite ofwhen the — and not in a good way. — Conversely, whole HIPPA —because to see what they are business picksthing up, it’s the people being prescribed. It can only happen under who need to buy widgets who were not government-run health care. buying widgets because the economy was Who dodue youtothink came with the contracting natural (orupunnatural, term “essential” whenreasons, it came todecided businesses, government caused) we employees people? Now in government Colorado, you better buy and some widgets. The might think that waswith Pontius had nothing to do this.Polis’ decision. I can ■ assure you it wasn’t. like Prediction four: InBecause keepingjust with when Donald Trump thingsPresident the government does, Ipresented predict the the idea of shuttering businesses, andto government will manipulate theentities numbers places we work or economy desire to go there was make the claimatthe is to, getting always the fashionista-scarved, gravel-voiced better because of how hard it is working to or headnodding “healthAmericans.” expert” on theNow stage help all of us “working with their reasoned assurance why only you might say, “Craig, you always saycertain this activities in our economy would beyou allowed about President Obama because don’t (for, you know, 15right days)infora the “health and like him.” You’re sense. I don’t well-being” of the know the man, butnation. what I know of him and And whoI don’t and what essential leads his thinking, like is it or him one iota.us to the privileged partners of Igovernment. Before you go off, however, didn’t like Not too long ago, was President Bush andour hisgovernment bailouts, stimulus battling Big Pharmathe forfree every little to side and his abandoning market save effect (and the ambulance and the free market. And I don’tchasers know him attorneys general as well) known result either. What the government does,to and the from medications. anythe television only thing it can do,Seen is hurt economy. ads saying, “Ifnothing you’ve been by in Unless it does or putharmed criminals the the Bonewith Crusher, jail vaccine, instead ofcall partnering them,he’ll nothing get the compensation you deserve?” the you government does will help. Always look Nor will way, you because Big Pharma at it this whatevertoday, the government says partners with government to mandate its it it is doing, whatever the name of the law product viaorthe select “health experts” is passing, whatever the name or goalwho of are allowed a voice in the debate. the actually bureaucracy it is presenting to the Youexpect know who else isopposite in partnership with people, the polar to occur. government? EveryI’m place of business I guess what saying is thatrequiring aperhaps vaccineit’s passport forget folks time to outtoofcome our into owntheir establishments. Every plenty airline (well, airlines perspective. There’s of history are government-controlled already) hasto books and historical research outthat there flight policing yelling beginattendants to understand thattheallaisles of this has at passengers to mask And up between and sips. happened before. it will bites again, Every business requiring COVID tests for whether the topic is people or government. workers workrecommendation even though asymptomatic Thetobest is to find is a thing madeoruptry ofthat whole clothGoogle by? Health some books whole experts. Even inaGrand privilege thing. There’s lot ofJunction, information on the was extended to certain went Great Depression. Thebusinesses truth is itwho wasn’t above beyond doing the local got even aand good one in until thewhat government health director demanded so theyofcould open involved. There’s also plenty research to clientele. warm period when the onmore the medieval Name lastwarmer time thethan news led off planet was the much today with with anylot story outside of some rare, a whole less—people (and warmer well humanitarian disaster event that wasn’t before man was here at all).— And yep, about Youkilling can’t.other And why is peopleCOVID. have been surprised that? Because every story about COVID people since history was first written. has been manipulated to bewill about one’s Maybe some research help stop personal health. all of these trends. Otherwise, we’ll be And one’snever health is everything. And saying we’ve seen anything like it in the now it. way. our government lives. And not in runs a good Craig Craig Hall Hall is is owner owner and and publisher publisher of of the the Business Times. Reach Reach him him at at 424-5133 424-5133 Business Times. or or publisher@thebusinesstimes.com. publisher@thebusinesstimes.com. F ✦
The Business Times
January 6-19, 2022
A higher quality of life one part of moral case for capitalistic system The standard of living in the United States remains high today compared to many other countries. Historically, though, that wasn’t the case. Since the 1840s, economic and social developments, industrialization and technical progress have created new expectations for wealth and longevity. The largest gains occurred during the first half of the 20th century, Phyllis when life expectancy Hunsinger increased from 47.8 years in 1900 to 68.2 years in 1950. The internal combustion engine, other labor-saving inventions and improved communication, to name just a few innovations, transformed farming and industry. In the 1800s, rising political instability, economic distress, and religious persecution plagued Europe. This resulted in the largest mass human migration in the history of the world. What made America the draw for those migrants? Freedom and the opportunity to thrive. The U.S. Constitution recognizes the rights of citizens to choose how to live, what work to engage in, what to spend money on and whom to associate with as well as own property and worship freely. The capability to act in self-interest served as a beacon of hope to migrants. In his book “The Theory of Moral Sentiments,” Adam Smith wrote: “The uniform, constant and uninterrupted effort of every man to better his condition is also based on the need to earn the approval of those around us.” Smith’s self-interest is not just an economic tenet. The approval of others is the moral order serving as the foundation for economics. Consider the example of Bill Gates developing computer software. He wasn’t thinking of the customer. Rather, he was operating in his own self-interest. Yet today, look at how many people benefit from his efforts. Individuals are successful whenever they’re free to provide products or services that add value to the lives of others. In “The Capitalist Manifesto,” Gary Wolfram wrote: “The reason people in sub-Saharan Africa and rural India live like refugees is not that they don’t work as hard as we do or aren’t as smart as we are, but that they live in an economic system that doesn’t allow them to be productive.”
The beacon of hope that capitalism provided to generations grows dim because the U.S. is no longer classified as a free market economy. Compare North Korea and South Korea. Both countries have the same types of people and similar resources. However, South Korea has an Economic Freedom Index score of 69.1 to North Korea’s 8.9. In 2019, the gross domestic product of South Korea exceeded 1,900 trillion South Korean won, while that of North Korea was about 35.3 trillion North Korean won. The more free the society, the more prosperous its citizens. The U.S. enjoys one of the world’s wealthiest and most diversified economies, yet ranked 20th in the 2021 Economic Freedom Index. Index scores reflect government policy, labor and trade agreements. A higher ranking equates to more economic freedom. The U.S. continues to fall in rankings because of excessive government spending, unsustainable levels of debt and intrusive regulation of the health care and financial sectors. In 1964, President Lyndon Johnson ushered in what he billed as the Great Society by increasing the welfare state and decreasing economic freedom. With each successive year, welfare programs have burdened working citizens with onerous taxes, limiting people’s financial freedom. The beacon of hope that capitalism provided to generations grows dim because the U.S. is no longer classified as a free market economy. Capitalism is the only system that can create wealth for the masses and provide a good quality of life for even the poorest person. Capitalism is a moral system. Phyllis Hunsinger is founder of the Freedom & Responsibility Education Enterprise Foundation in Grand Junction. The FREE Foundation provides resources to students and teachers in Western Colorado to promote the understanding of economics, financial literacy and free enterprise. For more, visit www.free-dom.us.com. A former teacher, principal and superintendent, Hunsinger wrote “Down and Dirty: A ‘How To’ Math Book.” Reach Hunsinger at phyllis@free-dom.us.com. F
SHARE YOUR VIEWS The Business Times welcomes letters to the editor and guest columns on issues affecting businesses in Western Colorado. Submissions should be emailed to phil@thebusinesstimes.com and include names and telephone numbers for verification.
Page 19
Page 20
Opinion Business Briefs Business People Almanac
n HOME-BASED PERSONAL CARE SERVICES FIRM CHANGES NAME, LAUNCHES RECRUITING EFFORT A home-based personal care services provider has a new name and launched an effort to increase the caregiver network at its Grand Junction office by 20 percent. Agape Care has changed its name to Klarus Personal Care. Jet Health, which owns and operates Klarus Personal Care, acquired Agape Care. Based in Fort Worth, Jet Health provides a range of medical and personal care Kara Craig services from locations in Colorado as well as Idaho, New Mexico and Texas. Klarus Personal Care operates a total of seven locations in Colorado, New Mexico and Texas, offering services related to case management, companionship, home maintenance and respite care. “Over the years, Klarus Personal Care-Grand Junction established a highly regarded care agency and sustained a solid reputation in the Grand Junction area, and we intend to maintain that standing,” said Kara Craig, vice president of personal care at Jet Health. “We are seeking to add personnel to continue to deliver on our proven quality care legacy.” Craig said Klarus Personal Care offers an incentive package for new employees as well as referral bonuses to current staff. The company also offers flexible scheduling. “We are hoping people in Grand Junciton look at this as a chance to help make a difference in someone’s life,” she said. “Helping care for those in need of support to remain in their home environment can present an extremely rewarding opportunity. This is a great opporutnity to do that.” For more information, visit https://klarushomecare.com. n NOMINATIONS DUE JAN. 6 FOR AWARDS HONORING BUSINESSES AND INDIVIDUALS Nominations will be accepted through Jan. 6 for annual awards honoring businesses and individuals. The Grand Junction Area Chamber of Commerce will present Business of the Year awards to firms with fewer than 25 employees and those with more than 25 employees. The chamber also will present its Citizen of the Year award. The award presentations are planned as part of the annual chamber banquet scheduled for Jan. 28 at the Grand Junction Convention Center. Nominated businesses and individuals will be evaluated on the basis of why they deserve the awards and what they’ve done to make Grand Junction a stronger and more vibrant community. Nomination forms are available on the chamber website at https://gjchamber.org.
The Business Times
SHARE YOUR NEWS
NOTEWORTHY
The Business Times welcomes submissions for free publication in Business Briefs. Email submissions to phil@thebusinesstimes.com or submit a news release online at the website at www.thebusinesstimes.com.
A Grand Junction-based company offers resouces that enable employees to access counseling at a time when demand for mental health services has increased. “Triad EAP partners with local counselors and employers to remove barriers to accessing mental health services,” said John Gribben, president of the John Gribben firm. Triad EAP works with businesses and organizations to provide benefit programs that assist employees with personal and work-related problems. Those include everything from substance abuse and depression to financial and legal issues to resolving workplace conflicts and perormance problems. The company serves Colorado and parts of other Rocky Mountain states. Gribben said the programs overcome such barriers to seeking mental heath services as concerns about costs or how to find a counselor. Triad EAP offers aroundthe-clock crisis counseling to employees and their family members. The firm also can bring counselors to workplaces affected by such events as the death of an employee. Triad EAP also offers a proactive approach through team building, training and organizational development, Gribben said. There’s a return on the investment in employee assistance programs, he said. When mental, emotional, financial and legal challenges affect employees, the results are higher health care costs, less productivity, more accidents and low morale. For more information about Triad EAP, call 242-9536 or log on to https://triadeap.com.
n FROZEN YOGURT CHAIN SEEKS FRANCHISEES TO HELP FURTHER EXPAND OPERATIONS Yogurtland is looking for franchisees to help expand a self-serve, soft-serve frozen yogurt restaurant chain operating in more than 20 states and several other countries. “We believe that there are significant growth opportunities for the brand and future franchisees,” said Phillip Chang, founder and chief executive officer of Yogurtland. “Our franchisees are key to our continued Phillip Chang success as we keep expanding globally, and it is our top priority to support them and drive profitable growth in both existing and new markets.” Yogurtland combines California milk with various other ingredients to create frozen yogurts. Yogurtland offers franchisees flexible real estate opportunities to establish locations. In operating self-service restaurants, franchisees also enjoy lower labor costs. The chain also offers training and support services as well as advertising and marketing programs. For additional information about franchise opportunities, visit the website located at www.yogurt-land.com/franchise. n WIENERSCHNITZEL ADDS TO SELECTION OF ALL-BEEF CHILI CHEESE HOT DOGS Wienerschnitzel has added to its selection of chili cheese dogs. The bacon ranch dog adds bacon, ranch dressing, cheddar cheese and chili to an all-beef hot dog. The junkyard dog features french fries, onions, American cheese and chili. The traditional chili cheese dog comes with chili and shredded cheddar. “At Wienerschnitzel, we belief variety is the spice of life,,” said Doug Koegeboehn, chief marketing officer. “People are always surprised we have such a wide array of flavorful hot dogs like these in our chili cheese all-beef dogs. We love offeing unique and delicious menu tems for all to enjoy, and these dogs are a great example of that.” Wienerschnitzel operates a total of 327 restaurants in 10 states, including locations in the Grand Valley. For more information or to find a nearby location, visit www.wienerschnitzel.com. F
Colorado firms sought to join in trade mission to Germany Applications will be accepted from small composites companies headquartered in Colorado that want to participate in an upcoming trade show in Germany. The Colorado Office of Economic Development and International Trade plans to participate in the Hannover Messe show set for April 25 to 29 and will select eight companies to exhibit at the Colorado booth at the show. The show offers exhibitors a venue in which to showcase products to buyers from around the world.
January 6-19, 2022
Colorado companies can apply to join the trade mission through the State Trade Expansion Program. Booth costs and exhibitor fees are paid. Participating companies receive a $3,500 travel stipend. The application process will open Jan. 10 and close Feb. 11 or until the spots are filled. For more information or to submit online applications,log on to the OEDIT portal at https://oedit.secure.force.com/oedit. F
January 6-19, 2022
The Business Times
Page 21
Page 22
BusinessBriefs Briefs Business BusinessPeople People Almanac Business Almanac
n GOVERNOR APPOINTS THREE TO TERMS ON COLORADO MESA UNIVERSITY BOARD
Tim Fry, Gary Reiff and Charles Dukes have been appointed to the board of trustees that oversees Colorado Mesa University in Grand Junction. Colorado Gov. Jared Polis appointed Fry and Reiff, both Democrats, to terms expiring Dec. 31, 2025. Fry comes from Grand Junction and Reiff from Denver. Dukes, an unaffilated from Commerce City, will serve a term expiring Dec. 31, 2023 vacated by the resignation of Kelly Brough. The governor appoints the 11 voting members of the board. The CMU faculty and student body each elect one non-voting member to serve two- and one-year terms, respectively. n REAL ESTATE FIRM ANNOUNCES BEST-SELLING AGENT FOR DECEMBER Toni Heiden was honored as the top performing agent for December at Heiden Homes Realty in Grand Junction. Heiden, owner and broker of the firm, posted the most closed transactions and highest combined dollar volume for the month. She has worked in the real estate industry for more than 40 years and Toni Heiden received the emeritus designtion from the National Association of Realtors. She recently was named Realtor of the Year by the Grand Junction Area Realtor Association. Heiden Homes operates offices at 735 Rood Ave. For more information, including listings for sale and rent, call 245-7777 or visit www.HeidenHomes.com.
The Business Times
SHARE YOUR NEWS The Business Times welcomes submissions for free publication in Business People and the Almanac calendar of events. Email submissions to phil@thebusinesstimes.com or submit a news release online at www.thebusinesstimes.com. n FIVE GRAND JUNCTION RESIDENTS APPOINTED TO STATE BOARDS Colorado Gov. Jared Polis has appointed five Grand Junction residents to state boards. Erika Hoy and Crystal Kisselburgh, were appointed to the State Board of Addiction Counselor Examiners. Hoy serves on the board as a certified addiction counselor and Kisselburgh a licensed addiciton counselor. The board adopts rules and regulations, conducts examinations and grants or denies licenses for addiction counselors. Laurian Unnevehr was appointed to the Food Systems Advisory Council. A retired agricultural economist, she will serve on the council as an academic specialist. She succeeds Nicole Civita, who resigned. The council considers food system issues and makes recommendations to strengthen food access. David Thurow was appointed to the Local Government Limited Game Impact Fund Advisory Committee. The committee measures the effects of gaming on local governments and makes funding recommendaitons to the executive director of the Colorado Department of Local Affairs. Rob Martindale was appointed to the Underground Damage Prevention Safety Commission as a representative of transportation. The commission offers advice on training and best practices to prevent damage to underground utilities and improve public safety. F
State outdoor recreation director to leave role Nathan Fey has announced his intention to leave his role as director of the Colorado Outdoor Recreation Industry Office (OREC). Fey plans to leave Jan. 14 to become director of land and water programs with the Mighty Arrow Family Foundation based in Colorado. “It has been a privilege to serve as director of OREC for the past three years,” Fey said. “I am excited for the opportunity to directly support organizations that are doing important Nathan Fey work to advance policies in areas that I have long been passionate about. I am grateful to have championed the outdoor industry in Colorado and nationally, and for the many projects we’ve supported through OREC that have made a real impact on our state.” Patrick Meyers, executive director of the Colorado Office of Economic Development and International Trade, praised Fey and his efforts. “Nathan is an avid champion
for the outdoor recreation industry, and his determined advocacy has positioned Colorado as the base camp for the outdoor industry.” By one estimate for 2020, the outdoor recreation industry in Colorado accounted for $9.6 billion in consumer spending annually and 120,000 direct jobs. According to a report for 2019, 92 percent of Colorado residents participate in outdoor recreation each year. Under Fey’s efforts, the OREC was included under state law and secured funding as a line item in the state general budget. Fey partnered with the University of Colorado at Boulder on several projects to advance the outdoor recreaton economy. He also led an effort to secure a $9.7 million Economic Development Administration grant to support tourism and outdoor recreation in Colorado. About half that funding will be used to support rural outdoor recreation economies and help mitigate the effects of the COVID-19 pandemic on the outdoor industry. F
January 6-19, 2022
Jan. 6 n Fruita Area Chamber of Commerce Welcome Thursday Friends networking lunch, noon, Rib City Grill, 455 Kokopelli Drive, Unit E, Fruita. 858-3894 or https://fruitachamber.org n Fruita Area Chamber of Commerce Women in Business networking lunch, noon to 1 p.m., JXN Station coworking space, 571 25 Road, Grand Junction. Participants should bring a soup, salad or side dish to share. https://fruitachamber.org or 858-3894 n Business startup workshop, 1 to 4:30 p.m., Business Incubator Center, 2591 Legacy Way, Grand Junction. Admission $55. 243-5242 or https://gjincubator.org Jan. 11 n Grand Junction Area Chamber of Commerce free presentation on railroad freight logistic challenges for the Grand Valley, 2 to 3:30 p.m., Colorado Mesa University Center ballroom. Registration required. https://gjchamber.org or 242-3214 Jan. 12 n Grand Junction Area Chamber of Commerce Networking at Noon meeting, 11:45 a.m. to 1 p.m., Smokin’ Oak Wood-Fired Pizza, 2478 U.S. Highway 6 & 50, Unit B. Admission $18 for members, $23 for others. https://gjchamber.org or 242-3214 Jan. 13 n Fruita Area Chamber of Commerce Welcome Thursday Friends networking lunch, noon, Camilla’s, 206 E. Aspen Ave, Fruita. 858-3894 or https://fruitachamber.org n Fruita Area Chamber of Commerce business after hours event, 5:30 to 7 p.m., Fruita Civic Center second-floor conference room, 325 E. Aspen Ave. Admission $5 for chamber members, $10 for others. https://fruitachamber.org or 858-3894 Upcoming n Fruita Area Chamber of Commerce Welcome Thursday Friends networking lunch, noon Jan. 20, Cattleman’s Bar Grill, 1369 12 1/2 Road, Loma. 858-3894 or https://fruitachamber.org n Coffee Club Networking Group, 9 to 10 a.m. Jan. 21, FWorks, 325 E. Aspen Ave. Fruita. Admission free for members of the Fruita Area Chamber of Commerce, $5 for others. https://fruitachamber.org or 858-3894 n Grand Junction Area Chamber of Commerce Zoom presentation on chamber membership, noon to 1 p.m. Jan. 25. 242-3214 or https://gjchamber.org n Business startup workshop, 1 to 4:30 p.m. Jan. 27, Business Incubator Center. Admission $55. 243-5242 or https://gjincubator.org n Grand Junction Area Chamber of Commerce annual banquet, 6 to 11:30 p.m. Jan. 28, Grand Junction Convention Center, 159 Main St. 242-3214 or https://gjchamber.org n Grand Junction Area Chamber of Commerce annual trip to the Colorado Legislature in Denver, Feb. 24 and 25.242-3214 or https://gjchamber.org F
Janauary 6-19, 2022
The Business Times
Page 23
Page 24
The Business Times
January 6-19, 2022
