46 minute read

Along with an increase in unemployment insurance claims in the pandemic

Trends February 25-March 10, 2021 The Business Times Page 17 Contributors

COMING ATTRACTIONS n The Business Incubator Center in Grand Junction has scheduled events offering Opinion Beware bogus claims Business Briefs Along with the rise in unemployment insurance claims associated with the coronavirus pandemic, there’s been an the “submit a fraud report” option. n If you received a U.S. Bank Reliacard, deactivate Fraudulent unemployment claims on the rise during pandemicinformation about startups and valuations. The next business startup webinar is set for 9 to 10:30 a.m. March 10 and 11. The next startup workshop is set for 9 to 11:30 a.m. Business Peopleincrease in fraudulent claims as well as other instances of fraud and identity theft. Brian Krebs, a security news researcher, reported criminal organizations March 23 at the center, 2591 Legacy Way. The webinar and workshop will cover the business planning process, including financing options, licensing requirements and Almanac it by contacting U.S. Bank at (855) 282-6161 or (877) 595-6256. If you receive other bank cards, contact the institution immediately to report it as fraud. n If you received a 1099-G tax form, but did not legal structures. Admission is $55, which also recruited unemployed people to request benefits in 2020 or received a 1099 with incorrect includes admission to Fast Trac classes at the receive direct deposits from fraudulent information, visit https://cdle.colorado.gov/tax-form-1099-g center. transactions and then forward the bulk for more information. A free business valuation workshop is set of illicit funds to perpetrators. According In addition, the following steps offer some protection for 9 to 10:30 a.m. March 31 at the center. to the Department of Labor, the cost for continued identify theft: Participants will learn about the roles to companies and workers could reach n Never give out personally identifiable information of market analysis and business evaluation $26 billion. Without stringent checks and over the phone. The CDLE will never contact you and ask in developing a realistic business worth balances, such unemployment programs for your Social Security number, bank account numbers, assessment. For more information about upcoming Ed Krey as Pandemic Unemployment Assistance could be exploited. personal identification number, account passwords or any other personally identifiable information. events, services and programs offered at the Many states experience hundreds n Contact the three consumer credit bureaus and put center, call 243-5242 or visit the website at of thousands of these claims, and Colorado is not immune. a fraud and identity theft alert on your name and Social www.gjincubator.org. To date, the Colorado Department of Labor and Employment Security number. It could be an automated system, so n The Grand Junction Area Chamber (CDLE) has prevented more than 800,000 fraudulent claims you might not talk to a live person. You’ll have to enter of Commerce has scheduled free Zoom and a total of about $7 billion in unearned benefits. Here in your Social Security number and date of birth. Contact webinars on taxes and unemployment fraud. Mesa County, some employers have experienced more than Equifax at (800) 525-6285, Experian at (888) 397-3742 The tax webinar is set for 10 a.m. Feb 25. 100 claims. Since the average claim comes in at $15,000, and TransUnion at (800) 680-7289.

Kathy Cantu from Eide Baily will discuss the company could face increased premiums as a result. n You can also report identity theft to the Federal upcoming legislative tax issues and adjustments Businesses definitely need to watch unemployment Trade Commission at identitytheft.gov. The FTC website to the enterprise zone tax credit. claims. If employers receive notification an employee filed includes resources about how to recover from identity The fraud webinar is set for 2 p.m. March 4. for unemployment when they’re still working, they must theft and protect your identity.

Officials from the Colorado Department of investigate this claim and not accept it at face value. Follow n Create a file to keep records relating to identity

Labor and Employment will help participants up with each employee, whether currently employed or no theft in one central place in case you’re notified of other protect themselves and their businesses from longer with the organization, to determine if they actually fraud or breaches of your personal information. unemployment fraud. filed the claim. If the claim is fraudulent, report it to the It’s important to take action immediately to stop Registration is required. For reservations or CDLE and inform the employee they must take action to fraudulent claims. While the claim itself typically causes more information, visit www.gjchamber.org or protect their identity. no harm to an individual’s credit, other outcomes could call 242-3214. Employees sometimes receive warning signs a occur. If an employee truly needs to file a claim, they could n The Western Colorado Human fraudulent claim exists before the employer finds out. discover their benefits have been exhausted. Employers

Resource Association and Bechtel, Santo Regardless of who learns first, certain steps must be taken can’t afford increased premiums based on benefits paid to & Severn law firm have scheduled the 2021 by the employee. Here are some specific steps employers criminals.

Legislative Conference. should share with employees to mitigate some of the effects The conference is set for 8 a.m. to 5 p.m. that could result from fraud, including other forms of Ed Krey owns Lighthouse HR Support, a Grand Junction

April 21 at the Colorado Mesa University identity theft or paying taxes on benefits they didn’t receive. firm offering human resource services for small and

Center ballroom in Grand Junction. A virtual n Be aware if you receive paperwork from the CDLE, medium-sized businesses. Lighthouse HR Support presentation of the conference also is planned. a bank card such as the U.S. Bank Reliacard or 1099-G provides a free online compliance connection at Early registration is $299 for WCHRA tax form indicating you received benefits for a claim you https://lighthousehrs.net/blog. This column also was members, $349 for others. Students and didn’t file. provided by the Western Colorado Human Resource special guests pay $99. To register or obtain n If an employee suspects fraud or receives these Association. For more information, visit the website at more information, visit www.wchra.org/events. items, they should submit a fraud report online at www.wchra.org. https://cdle.colorado.gov/fraud-prevention and click on F

February 25-March 10, 2021

Hire wisely and develop your team of top performers

Do you want to reduce costly turnover? Would you like your business to operate with fewer errors and interruptions to the flow of operations? Are you interested in greater efficiency and productivity? If you want your experience as a business owner to be more enjoyable and rewarding — and your company increasingly successful — you must build and maintain a dynamic and powerful team. You must put managers and team members to develop top performers. motivated and skilled individuals The objective here is to help everyone become empowered with positive attitudes in place and players so they, your clients and business experience more then help them realize more of their happiness and success. Do you provide team members with tremendous potential. the professional development they need to be their best?

Marcus Straub The first step and most effective way to build a competent, motivated and engaged team is to hire intelligently. People thrive when praised for a job well done. Recognizing a team member’s solid effort and working with them in positive and constructive ways to continue reaching The typical path to hiring people, for higher levels of excellence builds self-esteem, competency however, is filled with biased or incorrect information and and confidence. That in turn leads to greater levels of involves guesswork and assumptions. performance and job satisfaction. When people believe in

How can any business assemble a team of skilled, themselves, it’s amazing what they can accomplish. How are solution-oriented and motivated people without the reliable you doing with this third step of building and maintaining a data needed to do so? powerful team?

This is where Job Benchmarking and candidate One of the surest ways to damage a business from assessments come in. When this approach is used, productivity within is to hire ineffectively, not support continual rises 30 percent and retention goes up 50 percent. Productivity learning and growth and undermine team members rises because a team member’s behaviors, core values and and their efforts. This last aspect comes about through competencies align with the duties, responsibilities and rewards unconstructive criticism, blame, lack of follow through, of the job. Retention increases because there’s symmetry ineffective communication and simply not appreciating among the new hire, job and company values. How effective is those individuals who make up the company. These your hiring process? behaviors undermine self-worth, self-confidence and self-

The second step of building and maintaining a powerful esteem in team members and also undermine the culture team requires professional development opportunities. Like and credibility of leadership with the team. the first step, this next one is best accomplished with the Empowering owners, managers and team members help of a trained professional who will work with you, your to become top performers solves many of the common

You have a wonderful opportunity to help your team members find and develop their strengths and to come alive as active and engaged players in your business.

problems that arise in business. As each team member develops unique skills, the business runs more efficiently and effectively, the work atmosphere grows more positive, turnover goes down, attendance goes up, client satisfaction increases and the bottom line improves.

Does this sound like the type of business you want to own?

If you find yourself at a loss for how to do this, explore your options and choose a coach or consultant best suited for you. There’s strength in engaging and using quality professional help. By doing so, you’ll not only sidestep costly and time-consuming problems, but also provide a powerful example for your team members to follow.

You have a wonderful opportunity to help your team members find and develop their strengths and to come alive as active and engaged players in your business.

Bring in a qualified professional coach or consultant, use job benchmarking, consistently offer quality professional development opportunities and well-deserved recognition.

Work with your people to become top performers, and your well-chosen team will help you reach new heights in your business operations.

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.

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Page 19

Cross-purchase agreements offer advantages

There are several ways to structure a buy-sell death or sale) having the shares end up under the control agreement for a business. Two of the most common ways or ownership of someone else. are the cross-purchase agreement and entity purchase (or n If an owner wants to retire, the agreement creates stock) redemption agreement. This column will focus on the an orderly valuation process and means to acquire that features and benefits of the cross-purchase agreement. owner’s shares or stock so the remaining owner or owners In a cross-purchase agreement, retain control of the business. the owners of a business, ranch n If an owner divorces, the agreement can include or farm agree between or among provisions that prevent the former spouse from acquiring a themselves to purchase the interest of stake in the business by creating a purchase mechanism for a withdrawing, retiring or deceased the divorcing owner’s shares or stock. After all, the other shareholder. This form of agreement owners probably don’t want to be in business with the sets up a crisscross structure. divorcing owner’s former spouse. Even more important, Consider an example involving interest in the business, making each a 50 percent owner. there are some types of businesses that can only be owned two owners. They might each own half While this would change the dynamics of the company by a qualified individual or group — a law or medical the business or some other proportion. ownership, no single owner would have a majority interest. practice, for example.

Janet Arrowood Either way, the agreement specifies how and when the one owner will buy the other’s share. Owner A agrees to Compromise would be the order of the day. If Owner B or C is the subject of the triggering event, things could get interesting since Owner A would n If an owner dies, the agreement sets out how the shares or stocks will be distributed, ensuring the continued smooth operation and viability of the business. Even more buy 100 percent of the shares or stock acquire an additional 15 percent interest for a total of important, the agreement helps reduce the likelihood of of Owner B. The agreement is executed when some sort 55 percent. The other owner would only have a 45 percent the surviving owner or owners going into business with of triggering event occurs — usually a disability, divorce, interest. This could result in some possibly unintended the deceased owner’s heirs. death or retirement. — or undesirable — dynamics. Owner A would go from Disclaimer: This column offers a highly simplified

In a situation in which there are three or more owners, having to collaborate in the decision-making process explanation of a complex topic. This column isn’t whether or not they own equal shares, each owner agrees to commanding full power to make all decisions and intended to provide financial, legal, tax or other advice to buy a predetermined portion of another owner’s shares financial commitments. or recommendations. Always consult the appropriate or stock when one of the triggering events occurs. Why, despite the potential complications, is a cross- licensed professionals when it comes to business, estate,

With more than two owners, the structure of the purchase agreement so important? Because the alternative financial or tax planning. agreement can get complicated. Consider the following scenarios and outcomes are painful to consider. What ownership structure. Owner A owns 40 percent of the might happen without the ready made market for an company. Owners B and C each own 30 percent. The owner’s shares or stock when a triggering event occurs? agreement is for each remaining owner, following a n If an owner becomes disabled, there might be no triggering event, to purchase 50 percent of the departing plan or means to buy out the interest in the business. This owner’s shares or stock. owner would still control shares without contributing to

If Owner A is the subject of the triggering event, the bottom line. This could result in the business failing, Owners B and C would each acquire 20 percent additional not performing as well as pre-event or (ultimately, through

Why is a cross-purchase agreement so important? Because alternative scenarios and outcomes are painful to consider. What might happen without the ready made market for an owner’s shares or stock when a triggering event occurs?

Janet Arrowood is founder and managing director of the Write Source, a Grand Junction-based firm that offers a range of services, including grant and proposal writing, instruction and technical writing. Reach her at janet.arrowood@thewritesourceinc.com. For more information, visit www.TheWriteSourceInc.com. F

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February 25-March 10, 2021

Group effort offers training benefits

Most people are familiar with one-on-one fitness training sessions. These sessions are available at most health clubs and independent studios. But what’s changed might surprise you. Crossroads Fitness Centers in Grand Junction is an industry leader in small group personal training. Although the concept seems to have only recently hit the market, we’ve been doing it for years. So, why is this best kept secret so successful for reaching fitness goals? goals through small group training is structure. By having a class Many people believe they can work out you attend two or three times every week with the same trainer alone. Many can. For most of us, though, the and same people, you develop the workout habit. All you have reality is we won’t do it with success. Did you to do is show up. That structure becomes part of not only your Paula know an individual who exercises on their own has a 45 percent dropout rate within the weekly schedule, but also your lifestyle. The part I like best? The social aspect.

Reece first year. The second year it’s a 52 percent A small group training class can become a close-knit group of dropout rate. That leaves only a 3 percent rate people all trying to achieve their individual goals. I’ve seen it over for someone to succeed with an exercise plan. and over at Crossroads Fitness. People who start out exercising Small group training is successful for many reasons. The together don’t know each other. After a while, they become friends leader is a personal trainer with knowledge of anatomy, exercise in and out of the club. science and nutrition. Because of their education and experience, Some classes might include businesspeople exercising before you feel comfortable in their abilities to train you. Small group work. Others classes might include moms with young children. training also offers a cost-effective way to work out with a trainer. Other classes are a mix. Regardless, these people now have a The trainer splits the cost of their time between a few people. support group that cares about them. And that’s one of the most Everyone benefits by sharing the cost. beneficial aspects of small group training.

Another benefit of small group training is the variety. Each Working out in a group yields more success than attempting to workout is carefully designed for your group. Classes might include do it on your own. Give small group training a try and experience cardiovascular exercise, circuits, core work, interval training and the benefits for yourself. You’ll be amazed to find a trainer and weights. group of people who are there to cheer you on.

You also might incorporate some fun and innovative exercise tools into your workouts. Many of these tools require proper technique and form to not only get the most benefit, but also reduce the risk of injury. Some of these tools include kettle bells, plyo boxes, slam balls and suspension training.

One of the most important benefits to achieving your fitness

By having a class you attend two or three times every week with the same trainer and same people, you develop the workout habit. All you have to do is show up.

Paula and Dale Reece own Crossroads Fitness Centers in Grand Junction with a downtown location at 225 N. Fifth St. and north location at 2768 Compass Drive. For more information, call 242-8746 or visit the website located at www.crossroadsfitness.com. F

Marijuana and real estate

Grand Junction voters will once again decide whether or not the city council may allow marijuana businesses to operate in the city.

City voters rejected medical marijuana businesses back in 2011. But the issue has returned to the April 6 municipal election ballot. Provided voters repeal the 2011 measure as well as approve a marijuana tax measure, the council could move ahead with regulations allowing a marijuana business or businesses in the city.

The question arises: How do marijuana businesses affect commercial real estate?

The National Association of Realtors published a report based on a survey of its members in late 2019. Here’s a summary of the results of the survey: n In states where prescription and recreational marijuana use is legal, 34 percent to 42 percent of NAR members reported increased demand in warehouses, 18 percent to 19 percent reported increased demand for storefronts and 16 percent to 21 percent reported increased demand for land. n While 13 percent to 22 percent of members reported an increase in commercial property values near marijuana dispensaries, 5 percent to 18 percent reported a decrease in values. n In states where only medical marijuana is legal, about 20 percent of members noted some tenants don’t want to be near dispensaries. In states where both medical and recreational marijuana were legalized in the past three years, about 33 percent of members reported tenants don’t want to be near dispensaries. In states where medical and recreational marijuana have been legal more than three years, just under 50 percent of members said tenants don’t want to be near dispensaries. n Commercial real estate members most frequently cited concerns over smell when leasing to marijuana-related businesses, followed by theft of cash on properties, moisture issues and fire hazards.

One conclusion that could be drawn from the survey results is marijuana businesses affect commercial leasing and occupancy even as property values near dispensaries remain on average relatively unchanged.

Tim Whitney

Tim Whitney is managing broker of Coldwell Banker Commercial Prime Properties, a commercial brokerage and property management firm based in Grand Junction. Whitney has been involved in the sale, lease and management of commercial real estate in Colorado for more than 35 years. For more information, call (970) 243-7375 or visit the website at www.CBCPrimeProperties.com. F

The Business Times Contributors THE BUSINESS TIMES February 25-March 10, 2021JANUARY 15-28, 2015 Opinion Opinion Business Briefs Business People Almanac A new year affords a new opportunity to meet local needs It’s that time of year when resolutions and prognostications abound. My favorite saying applied to New Year’s resolutions is in saying they’re basically a long run always hurt consumers. Another fact is that unemployment reaches a certain level based on the economy. And while the government might brag the number is low, Bold predictions for 2015 more like not-so-bold repeats If there’s one thing I can count on to do my heart good in the midst of all the world, politics and our government throws at my life, it’s this: I live in one for what you’re doing in our community.” Tell me how that doesn’t do one’s heart good? I can do you one better. Lions also Community demonstrates its defining attribute: a huge heartIn midst of a pandemic, red tape not the answer For those who anticipated increased regulatory activity under the Joe Biden administration, their expectations thus far have been met. Increasing regulatory burdens always take a toll on entrepreneurship; small business; American competitiveness; and economic, income and employment growth. But ratcheting bunch of promises to break the first week of the most giving, caring and loving it’s more than likely the government did absorbed the one-two punch of no Main A new year almost always brings an opportunity for a fresh start and up such costs in an already grim economy is grossly ill-conceived. of January. And while I won’t predict a communities on the planet. And it’s something to cause that number being low Street parade or carnival due to Mesa renewed ambition to do things better.Consider two examples of regulatory policies heading in whole lot, I can pretty much accurately because of the people. Not, well, you — and not in a good way. Conversely, when County imposed regulations regarding

In business, that usually boils down to providing customers better products the wrong direction: nail a few things that without question know. business picks up, it’s because the people large gatherings. (Well, on some and services faster and at lower cost than competitors. Part of the process must n Hiking the minimum wage. President Biden proposes will make the news. You will see these are This is one of who need to buy widgets who were not gatherings, it’s kinda biased — but that’s include listening to customers to determine what they actually need and then to raise the national minimum wage from $7.25 to $15, which pretty, well, predictable: the easiest columns buying widgets because the economy was for a future column.) Lions made the meeting that need. After all, it does little good to offer the latest and greatest if started with an executive order moving toward the imposition ■ Prediction one:to write every year contracting due to natural (or unnatural, difficult decision to scrap these events the nobody actually wants what you’re selling.of this government mandate. The $1.9 trillion spending There will be some for two reasons. government caused) reasons, decided we community and Lions hold dear. But once

Just like the businesses that belong to the group, the Grand Junction Area package moving through Congress currently includes the sort of weather event, The topic has better buy some widgets. The government again, Lions didn’t sulk. The community Chamber of Commerce invariably starts out the new year with a reassessment of phased-in $15 minimum wage hike. natural disaster or myriad great stories had nothing to do with this. didn’t disappoint. the services and resources it provides and how well they match with members The problems of raising the minimum wage include heinous occurrence at my fingertips. ■ Prediction four: In keeping with I sent a text to my good buddy, needs. Jeff Franklin, the new chairman of the chamber board of directors, increased costs for small businesses and fewer job where someone will It’s uplifting for things the government does, I predict the Butch Miller, at Warehouse 2565 asking if personifies this approach in describing what he considers his role for the coming year: listen to members, determine their needs and then meet those needs. It’s a role with which Franklin is familiar as market president of Bank of Colorado. The process will take on a more structured approach in what the chamber opportunities for low-skilled, young and inexperienced workers. In the end, compensation ultimately is linked to productivity and the value brought to the market. Government Raymond Keating be interviewed and say the following: “I’ve never seen anything like that in my me personally and highlights the goodness in our community. It also Craig Hall government will manipulate the numbers to make the claim the economy is getting better because of how hard it is working to help all of us “working Americans.” Now he had anything going on the afternoon of Feb. 20. Keep in mind, the good folks at the Warehouse were hoping and praying and in desperate need for live music plans as the resumption of a program aptly called Listening to Business. Under the program, business owners participate in in-depth interviews to identify barriers to can’t erase this economic reality via a minimum wage increase without negative consequences. The effects will be even harsher given the COVID-19 pandemic lifetime.” It’s as if this person is a required Craig Hallhappens to be on my heart every year around Grand Junction you might say, “Craig, you always say this about President Obama because you don’t (Remember the biased regulations?) to come back to make life better for owners growth and other problems they encounter. shutdowns —especially on small businesses in those sectors hit the hardest. attendee at every news Lions Club Carnival time, which means like him.” You’re right in a sense. I don’t and staff. Butch’s answer? “We’d love to

The new year offers a good time to join the proverbial club. n Imposing unnecessary constraints on the energy sector. President Biden reporting event. While I understand most my mind has been on it since raffle ticket know the man, but what I know of him and have you guys!” As an advertiser or reader, what do you need from the Business Times? has signed assorted executive orders that undermine the energy sector — which, people’s perspective can indeed be limited sales began. his thinking, I don’t like it or him one iota. Contingency plans went into effect, While business journals traditionally gather and report the relevant news to by the way, is overwhelmingly populated by small and mid-size businesses. by, or contained within, their own personal This year, the Grand Junction Lions Before you go off, however, I didn’t like and I can’t see how the Lions could have readers, communication isn’t necessarily a one-way street. That’s especially true as One executive order cancels the Keystone XL Pipeline permit and another experiences, it is too much to ask to faced an especially daunting task in President Bush and his bailouts, stimulus had a better event. That’s not to mention Web sites and e-mail make the dialogue more convenient than ever. temporarily ceases oil and natural gas leasing in the Arctic National Wildlife consult some historical perspective before raising funding for non-profit capital and his abandoning the free market to save the best after party we’ve had in years Good publications don’t exist in a vacuum. They respond to the needs ofRefuge in Alaska. saying such a thing? Yes, this response can projects in Mesa County. The COVID-19 the free market. And I don’t know him upstairs watching my other buddy, Clark advertisers and readers. They provide what’s needed. The Keystone Pipeline is meant to transport oil from Canada and North apply to some events. But when it comes pandemic has taken over our lives. Folks either. What the government does, and the Jensen, and his band rock — well, country So what do you need? Dakota to refineries in Texas and Louisiana. While significant parts of the pipeline to weather and natural disasters, I’m pretty aren’t working, and government-imposed only thing it can do, is hurt the economy. — the night away. Is there additional news coverage that would help keep you informed about already have been constructed, stretches remain to be built. sure this is simply history repeating itself. restrictions have hit their homes and Unless it does nothing or put criminals in The Lions had a better event than local business developments? Are there features that would be interesting or Halting the pipeline would undermine trade policies; harm our relationship Same as it has for millions and millions of businesses. Add to that the concern Lions jail instead of partnering with them, nothing the original contingent plan. No carnival useful? Is there advice that would make your jobs a little easier? with Canada; and inflict losses on U.S. firms in the energy sector, their employees, years. More important, the planet made it! were going to have limited contact to sell the government does will help. Always look meant no extra earnings for Lions on It’s equally important to ask what you don’t need. With limited time to and assorted small businesses that serve those companies and workers in the What didn’t were certain species. How’s their ticket allotments. Then put the cherry at it this way, whatever the government says raffle day. Well, one confident Lion — produce content and limited space in which to publish it, would time and space be energy sector and other industries. that for perspective? on top with a record number of funding it is doing, whatever the name of the law it who happens to be typing right now better devoted to something else?The U.S. economy has lost millions of small businesses and millions of ■ Prediction two: When it comes to a requests — over three times the annual is passing, or whatever the name or goal of — suggested a silent auction to raise a What’s good? What isn’t? What’s needed? What isn’t? jobs during the pandemic. A flood of new governmental regulations under such crime or something that occurs between average — during this most difficult of the bureaucracy it is presenting to the few more bucks. Naturally, the one who Let us know. Send us an e-mail. Comment online on the Business Times Web circumstances makes for grossly misguided policymaking. humans, the other required attendee at all times. people, expect the polar opposite to occur. opened his mouth first was declared site at www.thebusinesstimes.com. You could even write an old-fashioned letter to One would hope that, instead, our elected officials, from Congress and the news reporting events is the person who Normally this would raise the I guess what I’m saying is that the chairman of said auction. The usual the editor if you’d like. Your feedback, both positive and negative, is valued and White House down to the smallest town halls, would be emphasizing constructive says this: “They we’re just the nicest question of what to do. The Grand perhaps it’s time to get out of our own winner for such high placement results will be carefully considered. efforts to clear away government costs and obstacles so free enterprise, economic people, and in no way did I see something Junction Lions didn’t bother to ask. We perspective. There’s plenty of history from NOT being in the room. But these Good publications are the result of not only the efforts of their staffs, but alsogrowth and job creation might flourish. like this coming.” Exactly. No one does got our ticket book inventory and went to books and historical research out there to are interesting times. collaborative efforts involving advertisers and readers. This is especially critical as the economy works to rebuild from the most of the time when it comes to work to meet our goals. More than a few begin to understand that all of this has You know what? Our community Like any other good business, we want to listen to our customers, find outdevastation wrought by COVID-19. neighbors and acquaintances. People should Lions asked for more tickets since they happened before. And it will again, responded with incredible generosity what they need and then meet those needs. be surprised at what goes on from time to knew what I know: You can count on this whether the topic is people or government. Business owners who had little inventory It’s a new year. Please help us to do so. Raymond Keating is chief economist of the Small Business & Entrepreneurship time in their neighborhoods, towns and community when things are tough. We The best recommendation is to find of what they would normally donate said, ✦ Council. Reach him through the website at www.sbecouncil.org. with people they know because people are took out more ticket books knowing we’d some books or try that whole Google “Hey, I’ve got a bunch of these instead F good. And for the times that they shouldn’t be asking for more from our buyers. thing. There’s a lot of information on the and it’s worth more and it’s yours.” Or be shocked — like with politicians, repeat Our buyers didn’t let us down. I can’t Great Depression. The truth is it wasn’t the small businesses from Palisade, Fruita offenders and terrorists — where’s the remember where I first heard the phrase, even a good one until the government got and Main Street coming together (in some THE BUSINESSTIMES 609 North Ave., Suite 2, Grand Junction, CO 81501 interview that says, “This doesn’t surprise me in the least.” “It’s yours for the asking” — and I’d do well to keep that in mind for Business involved. There’s also plenty of research on the medieval warm period when the cases RECRUITING) to create wonderful gift baskets. We even had booth sponsors TEL (970) 424-5133 • FAX (970) 424-5134 ■ Prediction three: Something goodTimes sales calls. But it was as simple as planet was much warmer than today with that would normally give us hundreds of will happen economically, and the taking the time to ask to be reminded of a whole lot less people (and warmer well products instead substitute bigger items Publisher/Owner: Craig R. Hall Editor: Phil Castle government will take credit for it. The most the heartfelt goodness of the wonderful before man was here at all). And yep, to make the raffle a success. And as Mesa recent example is gas prices, where people people of Mesa County. people have been killing other surprised County folks always do, they thanked the ask me why I won’t credit the president for Every buyer I’ve had over the years people since history was first written. Lions. Reach advertising at: publisher@thebusinesstimes.com Reach the editor at: phil@thebusinesstimes.com. low gas prices. My answer is simple: Government never makes the price of confirmed they’d take their annual buy. Quite a few came back and said, “I’ll take Maybe some research will help stop all of these trends. Otherwise, we’ll be In spite of already writing so many, I’ll never have sufficient words to express Subscribe or submit press releases online at www.thebusinesstimes.com something go down and simply takes credit more.” Why? Because they understood saying we’ve never seen anything like it in how grateful I am to be part of such a for good news. Gas pricing is subject to the need in the community. Lion after our lives. And not in a good way. wonderful, caring and giving community. The Grand Valley Business Times, a subsidiary of Hall Media Group LLC, is published twice many global factors. Now there are Lion can tell the same story whether 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. government answers to addressing some of them to keep prices stable for Americans, selling in person, through emails or at one of the live locations we staffed during Craig Hall is owner and publisher of the Business Times. Reach him at 424-5133 Craig Hall is owner and publisher of the Business Times. Reach him at 424-5133 or Copyright © 2015 — All rights reserved.Copyright © 2021 — All rights reserved. but our government has none of them in place. The only things it has in place in the ticket selling season. Lions heard the same thing: “We’d love to help and thank you F or publisher@thebusinesstimes.com. ✦ publisher@thebusinesstimes.com.

From a favorite author, some words to work by

Busy legislative session ahead to take on Colorado challenges

It’s only natural to seek out advice writes both long novels and short stories from those who’ve achieved success. Rather shared a link to a post by Emily Temple than try to reinvent the wheel, why not just that appeared on the Literary Hub website. emulate the creators? Or at least listen to And that brings me at long last to my what they have to say on the subject. point about advice.

In business, such The post reviewed some of the best guidance often passes advice Ray Bradbury offered about writing. on an informal basis Bradbury is perhaps best known as the from mentors to their author of “Fahrenheit 451,” “The Martian mentees. Chronicles” and his collection of short

But the process stories in “The Illustrated Man.” One of also accounts for my favorite books, though, is “Something a sizable portion Wicked This Way Comes” his dark of the publishing fantasy about a traveling carnival. industry. Think of all I admired two related bits of Bradbury the books offering what are billed as Phil Castle advice in the post: n “Don’t write for money. Write words of wisdom on because you love to do something. If you everything from competition to innovation write for money, you won’t write anything to leadership. I admit to carving out a small worth reading.” piece of that pie in running business advice n “Writing is not a serious business. columns as well as reporting stories about It’s a joy and a celebration. You should be successful entrepreneurs and their ventures. having fun at it. ... If it’s work, stop it and

Business owners and managers can do something else.” learn a lot from those who’ve been there It might seem counterintuitive that and done that. someone who’s made a living for more

Newspaper editors and writers — and than 40 years mostly by writing would those of us who consider ourselves both agree with the advice NOT to write for — are no different. money. Or, for that matter, that writing isn’t

I’ve been fortunate to learn a lot over serious business. So let me add this. Don’t the course of my career from some talented write JUST for money. And while writing editors and publishers. That includes a sports is indeed serious business that requires hard editor who set an indelible example for work, it ALSO should be fun. striking a balance between work and life. Similarly, the business of business is to Come in early and bust your butt to finish make money. It’s an existential objective. the job, then get the hell out of Dodge. Moreover, starting, running and growing a

I’ve been equally fortunate in recent business is hard work and plenty of it. But it years to learn a lot about writing fiction. also should be a labor of love, one that’s fun. My instructors have included some talented It’s been my experience those who enjoy mystery novelists whose published works their work are more likely to enjoy success. tell compelling tales set in Colorado. At least that’s my advice.

It’s probably true of people involved in most vocations and avocations. But writers seem an especially generous lot in sharing their time and talents.

Speaking of sharing, a friend who Phil Castle is editor of the Business Times. Reach him at phil@thebusinesstimes.com or 424-5133.

F To the editor:

Over the last few weeks, the Capitol has been quiet. During the pause from debating and passing bills, I spent time listening to constituents and the other folks from around Colorado who have reached out to me to share their thoughts, stories and concerns

From ranchers in Gunnison who are worried about drought to small business owners in Buena Vista who have been hit hard by COVID and Coloradans who can’t afford to pay for the health care they desperately need, people are struggling.

Letter to I’ll be carrying those stories with me throughout the session, and my plans for legislation will boldly address the the editor challenges that Coloradans are facing. My colleagues and I will continue to address the immediate needs of folks most affected by the pandemic and work to revitalize our economy. And as we acknowledge just how devastating this time in our state’s history has been, we can begin to discuss the lessons that we’ve learned and the inequities and weaknesses that this horrible virus has revealed.

Skyrocketing health care costs and inconsistent broadband service have left some of our neighbors and communities vulnerable. In 2021, fast, consistent internet is a necessity, not a privilege. And yet, nearly 200,000 Coloradans, especially in rural parts of the state, don’t have access to any wired internet connection. This bill gets us closer to ensuring that all Coloradans can get online and that the important systems that rely on broadband never fail.

For the Coloradans who live without the safety net of health insurance, we’ll push providers to do the right thing and finally bring down the cost of their plans. If they don’t, the bill that I’m excited to be working on with State. Rep. Dylan Roberts will give Coloradans the option of purchasing an affordable, statesponsored plan — the Colorado Option.

I’ll also introduce a bill that will help get much-needed services to veterans experiencing homelessness. And we’ll address the state’s shortage of skilled wildlands firefighters and combat our unacceptably high recidivism rate through my bill to help former State Wildland Inmate Fire Team (SWIFT) members get jobs serving their state as they re-enter the outside community.

Over the next few months, we’ll work together to tap into the resilient spirit that so defines Colorado, holding hope close as we plan Colorado’s comeback. I’m thrilled to get going. State Sen. Kerry Donovan Vail

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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.

The Business Times Opinion February 25-March 10, 2021 Business Briefs n NEW COMPANY OFFERS HOMEOWNERS HELP WITH FOUNDATIONAL PROBLEMSBusiness PeopleSHARE YOUR NEWS The Business Times welcomes submissions for free Almanac NOTEWORTHY West Star Aviation has Knott Laboratory, a forensic engineering publication in Business Briefs. Email submissions to received recognition for its firm with an office in Grand Junction, has phil@thebusinesstimes.com or submit a news release efforts to promote and foster launched a company to help customers who’ve online at the website at www.thebusinesstimes.com. aviation maintenance training.discovered issues with their home foundations. The Federal Aviation Foundation Pro Engineering offers structural Administration granted Aviation engineering services directly to homeowners. n FOUNDATION AND INSURANCE AGENT Maintenance Technician Gold “For most people, their home is one of OFFER $2,000 COLLEGE SCHOLARSHIP Awards of Excellence to West their largest investments. So dealing with Star facilities in Grand Junction foundation movement can be incredibly Applications will be accepted through as well as East Alton, Ill.

Stanley Stoll costly and highly stressful,” said Stanley March 31 for a $2,000 college scholarship The FAA bestowed Diamond Stoll, chief executive officer and principal that will be awarded by the Shelter Insurance Awards of Excellence for West engineer at Knott Laboratory. “We created this company to Foundation and Kerry Phillips, a Shelter Star facilities in Denver and provide homeowners with answers, properly diagnosing their Insurance agent in Grand Junction. Perryville, Mo.unique foundation issues so they can get the proper repairs.” A committee of high school officials and “This

Stoll said the expansive soils found in Western Colorado can community leaders will select the recipient from is a major cause movement and damage to foundations. Homeowners who among upcoming graduates of Fruita Monument achievement discover cracks or gaps in their interior walls, driveways or patios High School and Caprock Academy. Criteria for all the should have the situations diagnosed. Foundation Pro engineers will include scholastic achievements and Kerry Phillips teams are licensed structural engineers and experienced in identifying community involvement as well as citizenship, involved,” said foundation issues in Western Colorado. leadership and moral character. Jim Rankin,

For more information or a quote, call 718-5480 or visit the The recipient will be announced at the close of the school year. chief executive website at www.foundationproengineering.com. The recipient may apply the scholarship to tuition, fees or campus officer of West n ANTONELLI’S ADVANCED AUTOMOTIVE housing at an accredited college or university. Applications and additional information is available from Star Aviation. “They have Jim Rankin SEEKS NOMINATIONS FOR CAR GIVEAWAY high school counselors and principals as well as the Kerry Phillips worked diligently throughout Shelter Insurance Agency at 314-9701. the last year to complete and

Antonelli’s Advanced Automotive will accept nominations receive this recognition awarded until midnight March 8 for the recipient of a car the Grand Junction n EXPRESS EMPLOYMENT PROFESSIONALS by the FAA, and they are a proud repair shop will give away. RECEIVES STAFFING INDUSTRY AWARDS representation of West Star.”

Nominations should describe in 150 words or less why a The AMT awards program particular person needs a vehicle to not only help them prosper, Express Employment Professionals, a staffing agency with a recognizes employers and but also improve the lives of others. franchise in Grand Junction, has earned recognition for its services. technicians that promote and

Nominations may be submitted online at the website located Express Employment Professionals received the ClearlyRated foster training. Technicians and at www.antonellisadvancedauto.com or submitted by email to 2021 Best of Staffing Client and Talent Awards. The awards are based employers are encourage to Community@antonellisadvancedauto.com. on the results of surveys of associates and clients — 68.1 percent of participate in initial and recurrent

Antonelli’s Advanced Automotive will present a 2006 Ford associates and 67.9 percent of clients rated the firm with a nine or 10 training and courses. The FAA Taurus to the winner on March 12. The car will come with free oil on a scale of 10. also recognizes employers changes for two years. In Grand Junction, the Express Employment Professionals office who take a proactive role in

Located at 365 Bonny St., Antonelli’s Advanced Automotive is located at 725 Pitkin Ave. For more information, call 242-4500 or training their work forces and provides a range of repair and maintenance services. For more visit https://www.expresspros.com/grandjunctionco. offers awards based on training information, call 242-0580. F completed within one calendar year. Pinnacol Assurance contributes nearly $3.6 million in 2020 West Star Aviation provides a range of maintenance, repair Pinnacol Assurance contributed a total of small businesses and communities affected by the coronavirus and overhaul services at its nearly $3.6 million to businesses, organizations pandemic, including $75,000 to the Grand Junction COVID-19 facilities in Grand Junction, and individuals in Colorado during 2020, the Responders Loan Fund. Aspen and Denver as well as workers’ compensation insurer announced. Pinnacol gave another $465,150 to programs promoting in Arizona, Illinois, Minnesota, “Now more than ever, Pinnacol is focused employee health and safety, economic vitality and work force Missouri, Tennessee and Texas. on providing caring protection for Colorado development. The company has ranked both as an insurer and through our community The Pinnacol Foundation awarded a total of $452,820 in for seven consecutive years as support programming,” said Edie Sonn, vice college scholarships to 95 students across Colorado for the the top MRO services provider president of communications and public affairs. 2020-2021 academic year. The program provides scholarships to in a survey conducted for Edie Sonn “We’re proud we could support Colorado during this very difficult year, and we’ll be here for the students whose parents have been killed or injured in work-related accidents. Professional Pilot magazine. For additional information, long haul to rebuild our communities, support workers and bolster Pinnacol matched $157,415 in money donated by employees call (800) 922-2421 or visit Colorado’s economy.” to nonprofits for a total contribution of $306,250. the website located at

Pinnacol Assurance donated $2.5 million to funds that supported F www.weststaraviation.com.

Opinion The Business Times Business Briefs Business Briefs February 25-March 10, 2021 Business People Business People Almanac Almanac

n EXECUTIVE DIRECTOR NAMED CEO

OF WESTERN COLORADO FOUNDATION

Anne Wenzel has been named president and chief executive officer of the Western Colorado Community Foundation based in Grand Junction. Wenzel served nearly 20 years as executive director of the foundation, which distributed almost $5 million in grants and scholarships in 2020 and ended the near with $96.5 million in

Anne Wenzel total assets. The foundation distributed a total of $1.4 million in 2020 for food assistance, housing and mental health support in response to the coronavirus pandemic.

Barb Chamberlin, chairwoman of the foundation board, said Wenzel has worked to build the organization into one of the largest charitable foundations in Western Colorado. “She started working three days a week when we had $1 million in assets under management and were distributing $25,000 in grants a year. She has contributed greatly to the success of the foundation.”

The Western Colorado Community Foundation serves seven West Slope counties, working with hundreds of donors and managing different types of charitable funds. The organization complies with National Standards for Community Foundations, a national credentialing process. For more information, visit https://wc-cf.org.

n WATER ASSOCIATION MANAGER

REAPPOINTED TO STATE WATER BOARD

Steven Anderson, manager of the Uncompahgre Valley Water Users Association based in Montrose, has been reappointed to the Colorado Water Conservation Board.

Anderson will serve a three-year term on the board as a representative of the Gunnison and Uncompahgre rivers drainage basin and a Republican.

The board is responsible for water project planning and financing, conservation, drought planning and other activities related to water development and protection.

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 GRAND JUNCTION REAL ESTATE FIRM

ANNOUNCES ADDITION TO TEAM

Anthony Fiske has joined Weichert Realtors-Heiden Homes Realty in Grand Junction.

A Western Colorado native, Fiske served in the Army, including a tour of duty in Afghanistan. He also worked in the oil and natural gas industry in North Dakota for more than three years. He’s a member of the Grand Junction Area Realtor Association. Anthony Fiske

Reach Fiske at 985-2813 or by email at Anthonymfiske@gmail.com. His Facebook page is located at www.facebook.com/vetdoesrealestate.

Weichert Realtors-Heiden Homes Realty operates offices at 735 Rood Ave. For more information, call 245-7777 or visit www.heidenhomes.com.

n CHIEF MEDICAL OFFICER NAMED

A COLORADO HOSPITAL SUPERHERO

Thomas Tobin

Dr. Thomas Tobin, chief medical officer at Community Hospital in Grand Junction, is among those recognized as a Colorado Hospital Superhero.

The Colorado Hospital Association and American Sentinel University recognizes employees from CHA member hospitals who’ve demonstrated courage and mental toughness to care for patients and communities during the coronavirus pandemic.

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Feb. 25

n Grand Junction Master Networks referrals group Zoom meeting, 9 a.m. Feb. 25 and March 4. New members welcome, but just one per profession.

216-7723

n Grand Junction Area Chamber of Commerce free Zoom webinar offering tax tips, 10 a.m. Registration required. www.gjchamber.org or

242-3214

n Fruita Area Chamber of Commerce Welcome Thursday Friends networking lunch, noon, Suds Brothers Brewery, 127 E. Aspen Ave. 858-3894 or www.fruitachamber.org

March 2

n Networking at Noon free gathering for members of the Fruita and Palisade chambers of commerce, noon March 2 and 9, KAFM Radio Room, 1310 Ute Ave., Grand Junction. Email reservations required. membership@fruitachamber.org

March 4

n Fruita Area Chamber of Commerce Welcome Thursday Friends networking lunch, noon, Rib City, 455 Kokopelli Drive, Unit E. 858-3894 or www.fruitachamber.org n Grand Junction Area Chamber of Commerce free Zoom webinar on protecting businesses and individuals from unemployment fraud, 2 p.m. Registration required. www.gjchamber.org or

242-3214

March 10

n Business startup webinar, 9 to 10:30 a.m. March 10 and 11. Admission $55 243-5242 or

www.gjincubator.org Upcoming

n Business startup workshop, 9 to 11:30 a.m. March 23, Business Incubator Center, 2591 Legacy Way, Grand Junction. Admission $55 243-5242 or

www.gjincubator.org

n Free business valuation workshop, 9 to 10:30 a.m. March 31, Business Incubator Center. 243-5242 or

www.gjincubator.org

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