In this issue
n Center of efforts
A one-stop shop of sorts for entrepreneurs and businesses played a role in the creation of 745 jobs, according to a report.
n Go with the flow
A yoga instructor and mala maker will combine their skills to provide a series of workshops at a Palisade winery.
2 4 5
The number of businesses opening in Colorado grew from the fourth quarter to the first quarter, but at a slower rate.
n Protecting winter
THE B T Business People
Leitner-Poma of America sponsors the Protect Our Winters environmental and sustainability initiative.
n Real deals mixed
Even as overall real estate sales increased in Mesa County, the number of residential transactions declined.
n No respect?
THE DEFINITIVE SOURCE FOR GRAND JUNCTION BUSINESS NEWS SINCE 1994
A National Labor Relations Board judge has rejected a policy requiring respectul communication in the workplace. Almanac 26 Business Briefs 24 Business People 26 Contributors 17-21 News 2-14 Opinion 22-23 Trends 15-16 PRSRT STD U.S. POSTAGE PAID PERMIT NO. 67 The Business Times 609 North Ave., Suite 5 Grand Junction, CO 81501 17 15 n Business births n Departments 6
Drinks on the House n Couple serves craft coffees and beers showcasing Colorado industries. See page 2
operate
Coffee and Beer House in Grand Junction. The couple serves coffees and beers sourced exclusively from roasters and breweries in the state.
Business Times photos by Phil Castle
James
and Amanda Ferguson
Colorado Craft
THE BUSINESS TIMES News
Latest report shows center taking care of business
A one-stop shop of sorts for businesses and entrepreneurs played a role in the creation of 745 jobs and nearly $17.8 million in sales, according to annual report for 2023.
“I am proud of our organization, our results and the work that my colleagues and I do to serve our community. The annual report shares key highlights from 2023 that exemplify this,” said Dalida Sassoon Bollig, chief executive officer of the Business Incubator Center in Grand Junction.
Business People
The Business Incubator Center offers a range of services and programs in a single location.
The incubator program and commercial kitchen offer low-cost space and shared services for businesses. The Small Business Development Center operating there offers free and low-cost counseling and classes. The GJmakerspace offers space, equipment and resources to entrepreneurs, inventors and others for product development, prototyping and manufacturing. The center also operates FWorks, a coworking space located on the second floor of the Fruita Civic Center.
In addition, the center manages a revolving loan fund offering access to capital to small businesses, a program offering tax credits for capital projects and training for nonprofit organizations.
According to the annual report for 2023, the Business Incubator Center assisted with the launch of 43 startups, and 18 companies graduated from the incubator program. The center supported 446 entrepreneurs.
Businesses and entrepreneurs receiving services from the center created 745 jobs and accounted for $5.3 million in capital formation and nearly $17.8 million in client sales.
The center joined with other local economic development partners and State Rep. Matt Soper in hosting an international trade and export summit billed as “The World Comes to Grand Junction.”
The center collaborated with Mesa County Behavioral Health to launch a training program to assist agencies and nonprofit organizations.
The center also brought back a small business holiday expo to showcase more than 30 startups and their goods.
In August, U.S. Rep. Lauren Boebert came to the center for a congressional recognition event honoring efforts serving startups and small businesses.
See CENTER page 14
Drinks on the House
Couple serves coffee and beer showcasing Colorado industries
James and Amanda Ferguson have built their business on what they consider a large customer base — people who drink coffee, people who drink beer and people who drink both.
While operating a unique Grand Junction venture that serves both coffee and beer, the Fergusons also showcase the products of Colorado roasters and breweries and what the couple touts as vibrant industries in the state. Rather than compete, they collaborate and advocate. “It’s fun to cheerlead for all those great local businesses,” James says.
The Fergusons own and operate Colorado Craft Coffee and Brew House, a venture they opened in October.
The couple serves a wide variety of coffees and beers, but only those produced in Colorado. They rotate what’s served on a weekly basis. By one estimate, they offer 20 different coffees and more than 40 different beers over the course of a month.
For customers who want to try it all, the Fergusons offer a flight of four coffees featuring blonde, medium and dark roasts as well as the weekly special. What’s dubbed as a day trip offers a flight of four beers. A road trip offers a flight of eight beers and a kind of excursion featuring breweries from around Colorado.
Still other Colorado beverages are available, including sodas and kombuchas. That’s not to mention Trail Water, a brand of carbonated water blended with hops.
While Colorado Craft Coffee and Brew House offers some packaged snacks, the Fergusons say they opted to avoid serving food. Customers are welcomed to bring in their own food to eat.
The Fergusons say the inspiration for their venture
FOR YOUR INFORMATION
Colorado Craft Coffee and Brew House is located at 1144 N. 12th St. in Grand Junction. Hours run from 7:30 a.m. to 8 p.m. Monday to Thursday, 7:30 a.m. to 9 p.m. Friday and 8 a.m. to 9 p.m. Saturday. For information, call (970) 644-5051.
originated from their experiences working in the Colorado wine industry.
James previously worked as general manager for Talon Wines in Palisade and also was involved in sales. He says his job took him around Colorado to meet with distributors and customers. Wherever he went, he says he patronized local coffee shops and breweries. That gave him the idea of launching his own business in which he could showcase in one place the products of Colorado roasters and breweries. Amanda says there are similarities among wines, coffees and beers in those beverages come with distinct flavors and aromas that can be discerned and appreciated. “There are different notes to showcase.”
The Fergusons say they found a good location for Colorado Craft Coffee and Brew House in a former bookstore located near the intersection of 12th Street and North Avenue and across 12th Street from the Colorado Mesa University campus.
It’s a central location affording easy access for CMU students as well as people attending events at the nearby Lincoln Park Sports Complex.
See HOUSE page 14
Page 2 The Business Times June 6-19, 2024
James and Amanda Ferguson own and operate Colorado Craft Coffee and Beer House in Grand Junction. The couple serves a variety of coffees and beers sourced exclusively from roasters and breweries in the state. Rather than compete, the Fergusons say they collaborate and advocate for the craft coffee and beer industry.
Dalida Bollig
STORY AND PHOTO BY PHIL CASTLE
June 6-19, 2024 The Business Times Page 3
The Business Times 609 North Ave., Suite 5 Grand Junction, CO 81501 (970) 424-5133 www.thebusinesstimes.com
The Business Times 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 don’t necessarily reflect the views of the publisher, editor or advertisers. Copyright © 2024 — All rights reserved
Entrepreneurs team up to provide workshops
Phil Castle The Business Times
Two Grand Valley entrepreneurs operating different ventures will collaborate to offer a series of monthly workshops combining their skills
Lynnea Tai, owner of DarcMoon, and Natalia Cavaliere, owner of Your Journey Yoga, will lead workshops in which participants will make mala bracelets and then join in a yoga and guided meditation experience.
“It’s a whole new offering,” Tai said.
Cavaliere said she expects the workshops will be only the first in a series of collaborations. “I think we’ll have a lot of opportunities with the combination of these two businesses.”
The workshops are set for 8 a.m. to 10:30 a.m. June 9, July 7 and Aug. 4 at Restoration Vineyards, 3594 E. 1/2 Road in Palisade. Admission to the full workshop is $50. Admission is $33 for those who only want to make bracelets and $22 for those who only want to participate in yoga and meditation.
From 8 a.m. to 9:30 a.m., Tai will assist participants in making mala bracelets.
While malas can be worn as necklaces and bracelets, they’ve long served a functional purpose in aiding meditation and prayers, she said. Each mala is unique in using different combinations of beads and gemstones because of the properties they offer. Some stones calm, while others heal and still others protect, she said.
From 9:45 to 10:30 a.m., Cavaliere will lead a yoga and 10-minute guided meditation experience. Cavaliere said she plans a gentle yoga session suitable for all levels of participants.
Tai and Cavaliere said the workshops will offer a morning of creation, movement and intention setting in an outdoor setting. “Restoration has the most beautiful views,” Cavaliere said.
Afterward, wine and refreshments will be available in the tasting room.
Tai has operated DarcMoon for five years, making and selling malas and mala kits as well as offering instruction. She estimated she’s made 18,000 malas. A full mala includes 108 beads and 115 hand-tied knots.
She sells malas online through her website as well as at farmers markets and other events. She conducts workshops at various venues, including yoga studios and wineries .
Cavaliere said she’s taught yoga for three years, but launched Your Journey Yoga a couple of months ago to provide membership-based access to a library offering full-length yoga flow and meditation videos. She also provides specialized video series and workshops.
Tai and Cavaliere said they hope the monthly workshops at Restoration Winery will result in more awareness — and customers — for their businesses. But they said they also look forward to connecting with the people who participate.
FOR YOUR INFORMATION
To register for the mala, yoga and meditation workshops, log on to www.eventbrite.com/e/903864622417?aff+oddtcreator. More information is available from the websites at https://yourjourneyyoga.offeringtree.com or https://darc-moon.com.
Page 4 The Business Times June 6-19, 2024
Lynnea Tai, left, owner of DarcMoon, and Natalia Cavaliere, owner of Your Journey Yoga, will lead a series of workshops at Restoration Vineyards in Palisade in which participants will make malas and then join in a guided yoga and mediation experience. (Photos courtesy Lynnea Tai and Natalia Cavaliere)
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Pace of business filings lags during first quarter
But other economic indicators show Colorado outperforming other states
New business filings increased in Colorado between the fourth quarter of 2023 and first quarter of 2024, but at a slower pace that lagged behind activity a year ago.
Other indicators tracking economic growth and the labor market continued to reflect resiliency, however.
“Today’s report shows Colorado remains a national leader for businesses and workers with strong employment, labor force participation, GDP growth and rising business renewals,” said Jena Griswold, Colorado secretary of state.
Brian Lewandowski, executive director of the business research division of the Leeds School of Business at the University of Colorado at Boulder, agreed. “While some national economic indicators are sending mixed signals, the Colorado economy has demonstrated that it continues to outperform most other states.”
The division prepares quarterly business and economic reports based in part on business filings recorded with the secretary of state’s office.
Jena Griswold
For the first quarter of 2024, the office reported 45,150 new entity filings. That was up 10 percent from the fourth quarter of 2023, but down 19.2 percent from the first quarter of 2023. The year-over-year decrease was attributed in part to a decrease in fees for limited liability companies that resulted in surge of new filings a year ago.
For the 12-month period ending with the first quarter of 2024, 185,072 new entity filings were reported. a 1.4 percent decline over the same period a year ago.
New entity filings constitute a leading indicator of subsequent business and job growth.
A total of 209,443 existing entity renewals were reported during the first quarter of 2024, a 19.9 percent increase over the fourth quarter of 2023 and 7.9 percent gain over the first quarter of 2023.
For the 12-month period ending with the first quarter of 2024, 731,049 existing entity renewals were reported, up 4.3 percent from the same period a year ago.
Both quarterly and annual renewals climbed to their highest levels going back to 2005.
Business dissolution filings also increased, however, with 16,814 reported in the first quarter of 2024, up 16.2 percent from the fourth quarter of 2023 and 20.1 percent from the first quarter of 2023. For the 12-month period ending in the first quarter of 2024, 54,566 dissolution filings were reported, up 7.7 percent from the same period a year ago.
As of the end of the first quarter of 2024, 962,699 entities remained in good standing in Colorado.
The statewide seasonally adjusted unemployment rate in Colorado stood at 3.7 percent in April, the latest month for which estimates are available. Nonfarm payrolls increased 51,800 over the past year, a growth rate of 1.8 percent. The labor participation rate held steady at 68 percent in April.
The Consumer Price Index for the Denver, Aurora and Lakewood region increased 2.8 percent on a year-over-year basis in March.
June 6-19, 2024 The Business Times Page 5
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B. Lewandowski
Leitner-Poma joins efforts to sustain rec industry
A Grand Junction-based manufacturer whose products includes chairlifts and gondolas for ski resorts has joined in efforts to sustain the outdoors sports industry in the face of climate change.
Leitner-Poma of America announced it’s sponsoring Protect Our Winters. The company also has launched its own initiatives, which will include the installation of charging stations for electric vehicles at its Grand Junction facility and the installation of a wind turbine at a new facility in Utah expected to open this summer.
“Protect Our Winters’ advocacy, education and activism is a critical element to keeping the outdoor sports industry vibrant amidst our changing climate,” said Daren Cole, president and chief executive officer of Leitner-Poma of America. “Our support of POW is just one part of our greater sustainability efforts to reduce our carbon footprint, decrease waste and make thoughtful decisions that don’t negatively impact the environments in which we operate.”
Founded by professional snowboarder Jeremy Jones in 2007, Protect Our Winters works with businesses, athletes and the community to harness the collective power of the outdoor sports industry to take action against climate change.
In addition, Leitner-Poma launched several company initiatives as part of its climate change mitigation efforts.
Leitner-Poma hired Neva Modric, a sustainability coordinator who will focus on efforts to reduce the company’s environmental footprint. That will include calculating a carbon footprint and developing plans to set emission and waste reduction targets.
An electric vehicle charging project will include the installation of charging stations at Leitner-Poma facilities in Grand Junction.
At the company’s new facility in Tooele, Utah, Leitner-Poma installed a wind turbine. The turbine is 162-feet tall and capable of generating 250 watts of electricity, enough to cover the needs of the facility. Phase two of construction of the new facility includes the installation of solar panels.
If demand develops as expected, the new facility could manufacturer turbines to serve the North American market.
“We look forward to being a part of POW’s advocacy work as it complements the work that we are doing to be a thoughtful, sustainably minded supplier in the ski industry,” Cole said.
Page 6 The Business Times June 6-19, 2024
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Daren Cole
J 6-19, 2024 T B T P 7
Culinary and hospitality students awarded
A total of four students at Colorado Mesa University and CMU Tech in Grand Junction received scholarships for the upcoming academic year through a program promoting the development of professionals in the hospitality and culinary industries.
The Visit Denver Foundation awarded a total of $14,000 in scholarships to the four students. The recipients were:
n Gloria Brown, a sophomore pursuing an associate’s degree in culinary arts, awarded $3,000.
n Orionna Byrd, a sophomore pursuing a bachelor’s degree in hospitality management and human resources, awarded $3,000.
n Olivia Linnebur, a senior pursuing a bachelor’s degree in hospitality management and culinary arts, awarded $5,000.
The Hotel Maverick and Devil’s Kitchen Restaurant on the Colorado Mesa University campus in Grand Junction offer training to students pursuing degrees in hospitaliry management and culinary arts. (Photo courtesy CMU)
n Paxton Walker, a freshman pursuing a bachelor’s degree in hospitality management, awarded $3,000.
“Through the generosity of the hospitality community, the Visit Denver Foundation is honored to support Colorado Mesa University students who are pursuing careers in the hospitality and tourism industry,” said Nicole Marsh, chairwoman of the Visit Denver Foundation. “It’s a great accomplishment for these scholarship recipients and is a testament to the quality of the programs they’re enrolled in. Our hope is that these scholarships help CMU students pursue their dreams while supporting workforce efforts in our industry.”
The CMU Tech culinary program offers state-of-the-art kitchen facilities and instruction from experienced culinary professionals. Students receive training in both classic and contemporary cooking techniques. Students also have an opportunity to practice their skills at Hotel Maverick, a boutique hotel on the CMU campus
that includes the Devil’s Kitchen restaurant and bar.
The CMU hospitality management degree program offers a curriculum that blends theoretical knowledge with hands-on experience. At Hotel Maverick, students manage daily operations and deliver guest services.
“I am proud of Olivia and Gloria. They both exemplify the values of CMU and are very deserving of the scholarships that have been awarded,” said Wayne Smith, associate technical professor of culinary arts at CMU Tech. “Our department is appreciative of the Visit Denver Foundation and their recognition of CMU hospitality and CMU Tech culinary students. Their willingness to look statewide to identify the future leaders of our industry demonstrates the importance of food service, hospitality and tourism to the entire state of Colorado.”
Comments sought on management of wild horse range
Public comments will be accepted through June 15 on a management plan for the Little Book Cliffs wild horse range.
The U.S. Bureau of Land Management developed a preliminary environmental assessment of the range, analyzing how the BLM field office in Grand Junction can manage the range for a multi-year period.
The range has what’s termed an appropriate management level of 90 to 150 horses. A BLM census conducted earlier this year estimated the population on the range at more than 200. The assessment analyses the use of fertility controls and other methods for managing the herd.
For more information about the plan or to submit comments, log on to https://eplanning.blm.gov/eplanning-ui/ project/2032020/510.
“The Grand Junction field office thanks the public for their interest in managing the Little Book Cliffs herd,” said Greg Larson, manager of the Upper Colorado River District of the BLM. “Our top priority is to manage for healthy horses on healthy rangelands.”
Page 8 The Business Times June 6-19, 2024
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June 6-19, 2024 The Business Times Page 9
Girl Scouts name latest Women of Distinction
Becky Hobart, Stephania Vasconez and Anne Wenzel will be honored at an upcoming event for their professional and personal contributions in Western Colorado.
Girl Scouts of Colorado named the three Western Slope Women of Distinction for 2024 and will honor them at a benefit breakfast set for 7:30 to 9:30 a.m. Oct. 25 at Colorado Mesa University in Grand Junction.
Proceeds from the event will support leadership development programs for the more than 1,700 Girl Scouts across western Colorado. For more information about tickets and sponsorships, contact Katelyn Marchase at katelyn.marchase@gscolorado.org.
“I am honored to welcome this year’s class of Women of Distinction,” said Leanna Clark, chief executive officer of Girl Scouts of Colorado. “They are strong, bold and empowered women who represent the leadership and excellence that powers today’s world, and they are outstanding role models for our girls.”
Hobart serves as chief executive officer of Ariel Clinical Services, which offers services related to adoption, foster care, counseling and vocational training.
After relocating to Grand Junction in 1992, she worked as a family preservation therapist and later worked
with the Healthy Steps program at Western Colorado Pediatric Associates. She founded Partners in Parenting, a parenting class for divorced parents. She serves on the boards of several nonprofit organizations in Mesa County.
The Colorado Chapter of the National Association of Social Workers named her social worker of the year in 2009. Rocky Mountain Health Plans presented her with the Dr. Bruce Wilson Memorial Award in 2022.
Vasconez is founder and executive director of Mutual Aid Partners, a network that supports and connects grassroots efforts and community partners through collaborations. Mutual Aid Partners has assisted more than
56,000 families through the weekly distribution of food, clothing and personal care products as well as facilitated access to education, health care, shelter and transportation. Vasconez is also a TEDx speaker. The Community Resource Center named her Community Trailblazer of the Year.
Wenzel has served as president and chief executive officer of the Western Colorado Community Foundation since 2001. The foundation serves seven counties in the region, managing more than 330 charitable funds and a combined $170 million in assets. The foundation awards a total of $6.6 million in grants and scholarships each year.
Prior to her current role, Wenzel was a partner in a national consulting firm helping charitable foundations with fund-raising, planning and program development. She also ran her own consulting practice and worked for a nonprofit board development institute.
In 2023, the Western Colorado Community Foundation moved into a renovated building in downtown Grand Junction. The WCCF Center for Philanthropy includes 18 offices, three meeting rooms and a multi-purpose room for donor appreciation, networking and training events.
Comments sought for elk and bear management plans
Public comments will be accepted through June 30 on proposed Colorado Parks and Wildlife management plans for elk and bears in northwest Colorado.
The state agency is evaluating management objectives for 15 elk herds in the region.
The draft bear management plan encompasses Grand and Summit Counties and a southern portion of Routt County. The plan proposes to continue managing the area for stable bear populations while minimizing human-bear conflicts.
In July, Colorado Parks and Wildlife staff will present regional elk herd and bear management plans for approval at a Colorado Parks and Wildlife Commission meeting scheduled for Meeker.
Those interested in submitting public comments can provide them by completing the northwest region elk herd management plan or bear management plan public comment forms. Comments will also be accepted by mail addressed to: Colorado Parks and Wildlife, attention Brad Banulis, 711 Independent Ave., Grand Junction, CO 81505.
Questions about the draft elk plan or public process can be directed to Brad Banulis at brad.banulis@state.co.us, with northwest region elk herd management plan in the subject line.
Questions about the draft bear management plan or process can be directed to Elissa Slezak at elissa.slezak@ state.co.us, with B-16 bear management plan in the subject line.
Page 10 The Business Times June 6-19, 2024
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Becky Hobart S. Vasconez Anne Wenzel
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June 6-19, 2024 The Business Times Page 11
Grant supports northwest Colorado entrepreneurship center
The Office of Just Transition within the Colorado Department of Labor and Employment has announced a coal transition community grant of $400,000 to support the construction of an entrepreneurship center in Hayden in northwest Colorado..
The center will expand the town’s capacity to coordinate local and regional economic and workforce development by providing a physical programming space to support existing and emerging businesses.
“The Hayden entrepreneurship center, which will be named the Yampa Valley Entrepreneurship Center, will be transformative for Hayden and the greater northwest Colorado,” said Hayden Town Manager Mathew Mendisco. “It will be the first center that will be publicly owned and driven by community success as a whole and not focused on single sectors. This will be the place in west Routt
County where businesses come together to share ideas and perspectives as well as the community being able to spur economic development at the grassroots level.”
Wade Buchanan, director of the Office of Just Transition, said he hoped the grant would serve as a catalyst for additional funds to complete the entrepreneurship center “This award complements OJT’s previous $900,000 grant to Hayden for its Northwest Colorado Business District. Both these projects demonstrate the state’s commitment to helping Hayden grow and diversify its economy.”
Earlier this month, Hayden broke ground on the 117-acre business district adjacent to the Yampa Valley Regional Airport.
In addition to OJT grant, the Colorado Department of Local Affairs awarded $150,000 for demolition of an existing structure and the preliminary design for the
new entrepreneurship center in downtown Hayden. The Boettcher Foundation awarded $50,000 for reconstruction and project implementation.
The coal transition community assistance grant program grew out of a program to help communities that have relied on coal mines and coal-fired power plants for employment find new sources of property tax revenue and jobs. Between OJT and the Colorado Office of Economic Development and International Trade, about $9.62 million has been allocated for community grants during this phase of funding.
OJT and OEDIT are encouraging proposals for pivotal economic development activities and strategies from other coal transition communities, including those in Delta, Gunnison and Montrose counties.
HopeWest gets Walmart grants for kids program
HopeWest in Grand Junction has received two grants worth a total of $4,500 to support a program providing grief support and counseling service to children. HopeWest received a $2,500 grants from the Walmart on North Avenue and a $2,000 grant from the Walmart on Warrior Way in Grand Junction.
“The support we’ve received from these two local Walmart teams is truly a blessing,” said Cassie Mitchell, the president and chief executive officer of HopeWest. “We’re incredibly thankful for their commitment and generosity to the children and families within our community.”
The grants will support the HopeWest Kids program, which offers a range of creative and therapeutic methods to help children and teens, ages 3 to 18, navigate their grief journey.
These methods include art therapy, individual counseling and peer support groups designed to promote healing and provide a safe environment for expressing and processing emotions.
Entirely supported by philanthropy, HopeWest Kids relies on the generosity of community members and organizations.
HopeWest operates an in-patient hospice center in Grand Junction and provides hospice, palliative care and grief support services in a large area of Western Colorado.
Page 12 The Business Times June 6-19, 2024
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Subscribe today to the journal that means business in the Grand Valley. (970) 424-5133 www.thebusinesstimes.com
Cassie Mitchell
June 6-19, 2024 The Business Times Page 13
Continued from page 2
The Fergusons renovated the 1,100-square-foot interior of the Colorado Craft Coffee and Brew House to offer a welcoming environment with high-top tables as well as other tables, chairs and couches where students study and customers relax.
The Fergusons used the official palette of the Colorado Department of Transportation to paint the interior. Posters depicting various places in Colorado decorate the walls. The bathroom is decorated with posters from movies filmed in the state.
Books and board games are available for customers to use. A weekly beer bingo game runs from 6:30 to 7:30 p.m., while Friday nights are trivia nights.
Books, jewelry and other items created by local authors and artisans are available to purchase as a way to showcase their efforts, Amanda says. “It’s another way we can build our community together.”
Customer service remains a priority, James says, as does creating and building relationships that foster loyalty. “Relationships are everything.”
It’s part of what James says is a mission statement for the couple: “Work hard. Be nice. Find a way.”
It’s a matter, too, of serving a large customer base, the Fergusons say — people who drink coffee, people who drink beer and people who drink both.
Center
Continued from page 2
This year, the Business Incubator opened a satellite office of the Circular Economy Development Center to provide assistance to businesses, recyclers and communities to reuse materials and foster a circular economy. Created by state legislation in 2022, the Circular Economy Development Center creates and grows markets for recycled commodities and promotes an economy in which materials are recycled and used repeatedly, in turn reducing waste.
The Business Incubator Center also launched what’s billed as the AgriWest initiative with a federal grant from the Economic Recovery Corps. An effort is under way to identify and address issues affecting the agricultural industry in Western Colorado. Janie VanWinkle, a Grand Valley rancher and beef producer, serves as a fellow and provides planning and technical assistance.
In addition, the center was named runnerup for the Entrepreneurship Center of the Year Award presented as part of an international conference on business incubation in San Antonio.
Bollig said the center and its staff rely on the support of other economic development partners in the Grand Valley as well as community stakeholders. “We are grateful for the partnerships that make our success possible. Your trust is critical as we continue to build a diverse, sustainable and resilient entrepreneurial ecosystem.”
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House
James and Amanda Ferguson decorated their business with brewery signs as well as collection of beer steins. (Business Times photo by Phil Castle)
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INDICATORS AT A GLANCE
n Business filings
t New business filings in Colorado, 45,150 in the first quarter, down 19.2% from the first quarter of 2023.
n Confidence
s Consumer Confidence Index 102 in May, up 4.5.
s Leeds Business Confidence Index for Colorado, 53.7 for the second quarter, up 8.4.
s National Federation of Independent Business Small Business Optimism Index 89.7 for April, up 1.2.
Trends Contributors Opinion Business Briefs Business People Almanac
n Foreclosures
t Foreclosure filings in Mesa County, 16 in May, down from 24 in May 2023.
t Foreclosure sales in Mesa County, 1 in May, down from 3 in May 2023.
n Indexes
t Conference Board Employment Trends Index, 111.25 for April, down 0.91.
t Conference Board Leading Economic Index 101.8 for April, down 0.6%.
t Institute for Supply Management Purchasing Managers Index for manufacturing, 48.7% for May, down 0.5%.
t Institute for Supply Management Purchasing Managers Index for services, 49.4% for April, down 2%.
n Real estate
s Real estate transactions in Mesa County, 416 in May, up 12.4 percent from May 2023.
s Dollar volume of real estate transactions in Mesa County, $190 million in May, up 22.1% from May 2023.
n Sales
s Sales and use tax collections in Mesa County, $4.6 million for April, up 0.8% from April 2023.
n Unemployment
t Mesa County — 3.6% for April, down 0.7.
n Colorado — 3.7 % for April, unchanged.
s United States — 3.9% for April, up 0.1.
Real estate road still bumpy
Overall sales trend upward in Mesa County, but residential sales dip
Phil Castle The Business Times
Even as overall real estate sales continued to trend upward on a year-over-year basis in Mesa County, residential transactions dipped in May.
A healthy economy sustains strong demand, but higher interest rates on mortgages and lower housing inventories continue to hamper activity, said Robert Bray, chief executive officer of Bray & Co. Real Estate based in Grand Junction. “It’s a bumpy road to recovery. I think we’ll continue to see the ups and downs through the year.”
Jenn Hardey, marketing director for Fidelity National Title in Colorado, said 416 real estate transactions worth a total of $190 million were reported in Mesa County in May. Compared to the same month a year ago, transactions increased 12.4 percent and dollar volume rose 22.1 percent.
Hardey said 23 large transactions worth a combined $32.7 million bolstered dollar volume, including the sale of two large homes for a total of $4.25 million and an eight-unit apartment complex for $2.56 million.
Through the first five months of 2024, 1,516 transactions worth a collective $737 million were reported. Compared to the same span in 2023, transactions rose 5 percent and dollar volume increased 20.8 percent.
According to numbers Bray & Co. tracks for the residential market, 264 transactions worth a total of $132.5 million were reported in Mesa County. Compared to the same month a year ago, transactions fell 9.9 percent even as higher prices pushed up the difference in dollar volume by 1.8 percent.
For the first five months of 2024, 1,034 residential transactions
worth a combined $459 million were reported. Compared to the same span in 2023, transactions declined 4.9 percent and dollar volume edged up seven-tenths of a percent.
After residential sales increased on a year-over-year basis in April, Bray initially believed the gain signaled the possibility of a recovery. He said he still believes the Mesa County market is heading in the right direction, but the road there could be bumpy
Higher interest rates on mortgages continue to curtail home sales, Bray said, in not only making financing more expensive, but also making homeowners otherwise interested in selling and buying something else reluctant to do so for fear of trading an existing mortgage with comparatively lower interest rates for a new mortgage with higher rates.
Industry observers expect the Federal Reserve Open Market Committee to perhaps lower its key short-term interest rate in September, Bray said.
But even as homebuyers wait for lower rates, prices continue to escalate, he said. The median price of homes sold during the first five months of 2024 increased 4.9 percent to $395,000 compared to the same span in 2023.
Persistent demand combined with lower supplies push prices higher, he said. There’s some good news in an increase in residential inventories. As of the end of May, there were 506 active listings in Mesa County. That’s up 25.6 percent from the same time a year ago. At the current pace of sales, though, those listings represent less than a two-month supply and far less than what’s needed, he said. “That’s not balance in the marketplace.”
Bray said he remains encouraged the Mesa County real estate market remains healthier than it was a year ago and the local economy strong. But ups and downs in monthly sales likely will continue as well.
Meanwhile, property foreclosure activity continues to decline in Mesa County. For the first five months of 2024, 73 foreclosure filings and 14 sales were reported. Compared to the same span in 2023, filings dropped 35.4 percent and sales fell 17.6 percent.
Consumer Confidence Index rebounds
A measure of consumer confidence rebounded after three straight months of declines on more upbeat assessments of business and labor conditions.
The Conference Board reported its Consumer Confidence Index rose 4.5 points to 102 in May. Components of the index tracking assessments of current conditions and short-term expectations both increased.
“Looking ahead, fewer consumers expected deterioration in future business conditions, job availability and income,” said Dana Peterson, chief economist of the Conference Board. “Nonetheless, the overall confidence gauge remained within the relatively narrow range it has been hovering in for more than two years.”
The New York-based think tank bases the Consumer Confidence Index on the results of monthly household surveys. Economists closely monitor the index because consumer spending accounts for more than two-thirds of economic activity.
Peterson said consumers reported higher prices, especially for groceries, and expected higher inflation and interest rates. The perceived likelihood of a recession also increased.
Plans for home purchases remained at their lowest level since August 2012, but expected purchases of automobiles and appliances increased.
For May, more optimistic assessments of current business and
labor conditions pushed up the present situation component of the index 2.5 points to 143.1.
The proportion of consumers who responded to the survey upon which the May index was based who described business conditions good fell a half point from April to 20.3 percent. The share of those who called conditions bad held steady at 17.6 percent.
The proportion of those said jobs were plentiful decreased nine-tenths of a point to 37.5 percent. But the share of those who called jobs hard to get fell more — two points to 13.5 percent.
More optimistic outlooks pushed up the expectations component of the index 5.8 points. But at 74.6, the latest reading remained below 80, a threshold that usually signals an impending recession.
The share of consumers who expected business conditions to improve over the next six months edged down a tenth of a point to 13.3 percent. But the proportion of those who expected worsening conditions fell more — 2.3 points to 16.8 percent.
The share of consumers who expected more jobs to become available rose three-tenths of a point to 12.6 percent. The proportion of those who anticipated fewer jobs fell 1.6 points to 18.2 percent.
While 16.9 percent of consumers expected their incomes to increase — up a tenth of a point from April — the share of those who anticipated their incomes to decrease dropped three points to 11 percent.
June 6-19, 2024 The Business Times Page 15 News
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Dana Peterson
Robert Bray
Jenn Hardey
CEO survey: Executives more upbeat
A quarterly measure of confidence among business executives has advanced on more optimistic assessments for the United States economy.
The Conference Board reported its Measure of CEO Confidence rose a point to 54 for the second quarter, remaining above 50 for a second consecutive quarter. A reading above 50 reflects more positive than negative responses to the survey upon which the index was based.
Dana Peterson, chief economist for the Conference Board, said CEOs are more optimistic, but still wary. “CEOs remain cautious for the year ahead.”
Roger Ferguson, both a trustee of the Conference Board and vice chairman of the Business Council, agreed. “CEOs’ views about the economy have shifted from six months ago.”
For the second quarter, 16 percent of the 136 CEOs who participated in the latest survey, said general economic conditions were worse, down from 22 percent in the first quarter. Although 30 percent of CEOs said conditions were better, that’s down from 32 percent from the first quarter.
Looking ahead, 30 percent of CEOs said they expected economic conditions to improve over the next six months, down from 36 percent in the first quarter. Meanwhile, 26 percent said they anticipated worsening conditions, down a point from the first quarter.
Only 35 percent of executives said they anticipated a recession within the next 12 to 18 months, about half the 72 percent who said they expected a recession in the fourth quarter of 2023. “Recession fears have faded considerably,” Ferguson said.
While 64 percent of CEOs said they’re not planning to revise capital spending plans, 21 percent anticipated increasing capital budgets over the next year.
While 33 percent of CEOs said they expected to expand their workforces over the next year, 21 percent anticipated layoffs. Attracting qualified workers remained a challenge, 31 percent of CEOs reported, but only in key areas. Meanwhile, 75 percent of executives reported plans to increase wages by 3 percent or more over the next year.
“Persistent concerns about labor shortages are still prompting many CEOs to anticipate the need to retain workers,” Peterson said. “This labor hoarding comes at the cost of higher input costs.”
Page 16 The Business Times June 6-19 , 2024
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Paid for by votejanetrowland.com
Dana Peterson
Roger Ferguson
COMING ATTRACTIONS
n The Business Incubator Center in Grand Junction has scheduled presentations on startups and bookkeeping.
The next startup workshop is set for 2 to 3:30 p.m. June 6 at the center, located at 2591 Legacy Way. The workshop will cover financing options, legal structures, licensing requirements and trade name searches. Admission is $55.
A bookkeeping boot camp is set for 9 a.m. to 2 p.m. June 27. Admission is $75.
Don’t get no respect?
Business Briefs Business People Almanac
To register for or obtain more information about events, services and programs at the Business Incubator Center, call (970) 243-5242 or visit https://gjincubator.org.
n The Mesa County Women’s Network has scheduled a workshop on the power of emotions for 6 p.m. June 11 at Abstract & Title, 2464 Patterson Road in Grand Junction. Mary Beth Luedtke, a therapist with BEing There Counseling, will help participants understand and harness their emotional experiences. To register or obtain more information, visit www.mcwn.us.
n The Western Colorado Human Resource Association has scheduled its next member program for 11:30 a.m. to 1 p.m. June 12 at the Mesa County Workforce Center, 512 29 1/2 Road in Grand Junction. The luncheon event will include a presentation on bridging the racial divide. To register or obtain additional information, log on to https://wchra.org.
n The Palisade Chamber of Commerce has scheduled a lunch and learn presentation for noon to 1 p.m. June 12 at the Milky Way, 330 Main St. The event will feature Cassidee Shull, executive director of the Colorado Association of Viticulture and Enology. To register or obtain more information, call (970) 464-7458 or visit https://palisadecoc.com.
n The next Coffee Club networking meeting is set for 9 to 10 a.m. June 21 at the FWorks meeting room, 325 E. Aspen Ave. in Fruita. The free meeting will include a presentation by Tony Lee, Mesa County veterans service officer. To register or obtain more information, visit https//gjincubator.org or https://fruitachamber.org.
Board rejects employer requirement for workplace respect
Comedian Rodney Dangerfield famously complained: “I don’t get no respect.” According to a recent ruling by the National Labor Relations Board, Dangerfield shouldn’t expect respect in the workplace, either.
In May, an NLRB administrative law judge rejected a Starbucks policy requiring respectful communication in the workplace because enforcement of the policy chilled employees’ rights to discuss the terms and conditions of employment.
A Starbucks policy titled “How We Communicate” stated: “Partners are expected to communicate with other partners and customers in a professional and respectful manner at all times. The use of vulgar or profane language is not acceptable.”
The judge applied an analysis from a case involving Stericycle for determining whether or not workplace rules interfere with employees’ rights to engage in concerted activity to address the terms and conditions of employment.
When a workplace rule doesn’t facially prohibit protected speech, the NLRB first examines whether or not the workplace rule has a “reasonable tendency to chill” employees from engaging in protected concerted activity. The NLRB makes this determination from the perspective of an employee “who is subject to the rule and economically dependent on the employer.” A work rule is deemed presumptively unlawful “if an employee could reasonably interpret the rule to have a coercive meaning ... even if a contrary, noncoercive interpretation of the rule is also reasonable.”
If the NLRB finds a rule tends to chill protected speech, the employer must show the rule “advances a legitimate and substantial business interest and that the employer is unable to advance that interest with a more narrowly tailored rule.” Consequently, employers must draft the least coercive workplace rules that advance a substantial business interest.
This places a much higher burden on employers than the previous standard the NRLB adopted in a case involving Boeing.
Applying the Boeing standard to cases of workplace rules that didn’t facially interfere with protected activity, the NLRB would simply examine whether the potential
adverse effect on protected rights was outweighed by legitimate justifications associated with the rule.
Under the Stericyle standard, it’s hard to imagine any requirement for respect, civility or professionalism to survive — at least in the context of employee-to-employee communication.
Stericyle extends well beyond these behavioral rules, affecting such employer policies as those involving use of social media, employee surveillance and video and audio recording in the workplace.
What should employers do when examining workplace rules and handbook policies? The Stericyle decision provided scant practical guidance to employers, who must apply this decision to workplace rules and policies.
The best place to start is to apply the test the NLRB uses to analyze rules.
First, employers should examine policies and rules to determine whether or not employees could feel chilled in the exercise of their rights to engage in concerted activity. An employer can’t wait for an employee to complain a rule interferes with protected activity. And if an employer can imagine a rule-chilling speech, the rule probably fails this element.
Second, an employer should ask why a rule exists. Does a legitimate business purpose for the rule exist? If so, does the rule further the business purpose in the least coercive method possible?
Employers must ensure their handbooks, workplace rules and other policies are crafted purposely to meet business needs while not chilling employee rights to engage in concerted activity to address the terms and conditions of their employment.
The Employers Council provides employee handbook reviews to consulting and enterprise members as part of membership as well as numerous online resources and templates to all members. Consulting and enterprise members may discuss with the council’s HR professionals and employment attorneys how Stericyle and its progeny affect their workplaces.
Dean Harris is 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 (970) 852-0190.
June 6-19, 2024 The Business Times Page 17 Trends Contributors
Opinion
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Dean Harris
Does your leadership inspire, support and motivate?
If you’ve ever been in a situation in which a person in a position of leadership was irrational or verbally abusive and didn’t listen, you understand leadership is about actions, not titles.
Marcus Straub
When a so-called leader adds to the dysfunction of a situation rather than contributing to its improvement, leadership is damaged and even destroyed. People come to distrust this person and loyalty evaporates. They lose the willingness to listen to this leader and respect for the person vanishes along with their desire to follow.
You’re a leader whether you’re aware of it or not. You lead at work, at home and in your community. You lead by example in all the areas of your life. And your team members are watching. Your children, significant others, friends, extended family and people you don’t even know watch you for guidance on how to successfully navigate the professional and personal realms of life.
Effective, trusted and admired leadership isn’t about ordering people around like a drill sergeant. True leadership is about helping those around you become leaders in their own right. It’s about guiding people to the discovery and use of their potential on a consistent basis. Rather than creating dependency and fear in others, true leaders mentor others to reach for more within themselves and the experience. Is your leadership as solid as you’d like?
To be an effective, trusted and admired leader, you must consistently set an example for others to follow — an example that empowers others to become and achieve what they’re capable of. An example that’s integrity based, true, composed, intelligent, fair, responsive, inspiring and
You’re a leader whether you’re aware of it or not. You lead at work, at home and in your community. You lead by example in all the areas of your life. And your team members are watching.
forward-focused; that’s proactive rather than reactive; egalitarian; and not based on fear. The greatest leaders in history exhibited these same qualities that spoke to the hearts and minds of their followers.
A critical trait of solid leadership is accountability — the ability to hold yourself to standards of integrity, openness, teamwork, truly listening, effective communication, empowering others, learning and implementation. True leaders don’t need others to hold them accountable because they know the power of implementing these qualities on a consistent basis. In fact, effective, trusted and admired leaders enjoy holding themselves accountable to the very best within them. They also find pleasure in helping others be their very best as well and develop constructive approaches to accomplish this transformative feat.
The very best leaders are those who look to themselves first for the improvements that can be made. They don’t blame others. They look in the mirror, own what is theirs to fix, do so and then work constructively with others to be accountable as well. They’re not victims of others or circumstances, and they maintain their composure.
Effective, trusted and admired leaders focus on solutions. Rather than being blinded by problems, they see opportunities for growth, development and improvement. They have a “get-to” attitude. They’re grateful for life and
all it offers. They don’ take people and life for granted. They understand the value of life, time and people. Solid leadership in business and life begins with you and provides a consistent and credible example for others to follow. Developing the ability to lead effectively will drive the success of your business. As your leadership becomes more effective, so will the rest of the team. The company culture will thrive as team members are inspired by your leadership. Positive energy will grow as people feel heard, recognized, supported and valued. They will strive to be their best as they’re consistently encouraged to do so by your example.
There’s a tremendous need for solid leadership, especially now. Given the political divides, economic uncertainty and geopolitical tensions, only effective, trusted and admired leadership will get us to the other side sooner and be better for it.
The best leaders are aware of their strengths and weaknesses. They know when to engage professionals to help them develop strategies to deal with their weaknesses and leverage their strengths.
If you aspire to be the best leader you can be, explore your resources and options, and then go for it.
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 (970) 208-3150, marcus@ligcoaching.com or through the website located at www.ligcoaching.com.
Page 18 The Business Times June 6-19, 2024
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SBA microloans offer big benefits
The U.S. Small Business Administration offers many loan programs — including the sometimes overlooked microloans.
While the SBA guarantees other loans issued by lenders into the millions of dollars, the microloan program is different. The program provides loans of up to $50,000 — although some intermediary lenders offer higher amounts — to help small businesses and some not-for-profit childcare centers start and expand. According to the SBA, the average microloan is about $13,000.
Keep in mind the SBA doesn’t actually make microloans. Instead, the federal agency provides funds to specially designated intermediary lenders — nonprofit community based organizations with experience in lending as well as management and technical assistance. These intermediaries administer the microloan program for eligible borrowers. Borrowers can be from any industry and at any stage of the business life cycle — from startups to mature operations. SBA-approved lenders make credit decisions and set terms.
In addition to SBA requirements, each intermediary lender has its own requirements and qualifications for microloans. Many of these lenders are community development financial institutions focusing capital deployment on entrepreneurs who might not meet the requirements for mainstream financial institutions and traditional SBA-guaranteed loans. Expect to put up collateral and personally guarantee the loan. You might need to obtain life insurance on the life of the guarantor to further protect the interests of the intermediary lender, although this requirement is less common on microloans than other SBA-guaranteed loans.
While each intermediary lender has its own documentation requirements, the following offers an overview of what to expect.
Personal documentation includes two forms of identification for each loan guarantor, at least one form of ID with a photo.
Business documentation includes a business plan, employer ID number form, W-9, articles of incorporation or organization unless the business is a sole proprietorship, certificate of good standing from the secretary of state’s office, operating agreement for limited liability companies, bylaws for corporations, a sub-chapter selection if applicable and proof of business and liability insurance.
Financial documentation includes at least two years of personal tax returns and schedules, income statement, balance sheet, cash flow statement, business debt schedule and most recent three months of personal and business bank statements. If the business is a startup, provide a business plan and financial projections in lieu of financial statements.
Intermediary lenders providing microloans in Colorado include:
n Colorado Enterprise Fund: https://coloradoenterprisefund.org.
n Region 9 Economic Development District of Southwest Colorado: www.region9edd.org.
n AltCap: www.altcap.org.
n Community Enterprise Development Services.
n Region 10 LEAP for Economic Development.
Microloans can be used for a variety of purposes that help small businesses expand, including working capital, inventory, supplies, furniture, fixtures, machinery and equipment. Proceeds can’t be used, however, to pay existing debts or purchase real estate.
Each intermediary lender sets its own repayment terms and conditions. Repayment terms are generally based on the amount borrowed, planned use for the funds, lender requirements and needs of the small business owner. Current interest rates run between 9 percent and 14 percent.
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 at janet.arrowood@thewritesourceinc.com. For more information, log on to www.TheWriteSourceInc.com.
F June 6-19, 2024 The Business Times Page 19
Janet Arrowood
Balance business needs and employee satisfaction
Businesses operating in a world evolving at lightning speed must keep pace with technological and cultural changes to meet organizational goals and satisfy employees. Fortunately, doing what’s good for a company and what makes employees the happiest aren’t always mutually exclusive. It’s a matter of striking the right balance.
Pamela Drake
Balance can mean the middle ground between two things that work closely together, but could involve different paths and goals. It’s important to find a reasonable balance between business needs and employee satisfaction. It’s impossible to achieve profits without clearly defined business goals, happy and engaged employees working with purpose and organizational buy-in on every level.
A culture of trust must be established to deliver business goals through purposeful unity. Leaders must set the example of financial transparency, goals and vision to clarify how all the pieces of the puzzle fit together. The more employees understand the company, the more they’re engaged in its successful operations and the more they realize their own passions and aspirations. Everyone wants to feel they contribute in significant ways to the overall success.
Culture changes constantly and requires continuous nurturing to remain fresh and alive. Check in with employees on a continual basis to reinforce commitment and sustain engagement. Brainstorming sessions with teams and managers keep employees engaged. Happy employees are your most important asset in achieving business success. The fact joyful employees tend to be more productive should be reason enough to invest in their
Happy employees are your most important asset in achieving business success. The fact joyful employees tend to be more productive should be reason enough to invest in their happiness.
happiness. Since recruiting and training new employees are among the most expensive activities in which a business can engage, retaining happy employees affects the bottom line.
Once a fantastic culture has been established, how do you keep it in check? Here are some considerations:
n Expectations: It’s imperative to know what employees do and why they matter. Employees should represent your company’s values in a diverse and inclusive environment that fosters satisfaction. Ensure employees’ expectations are clear, but assure them they have the freedom to be creative and suggest improvements. Employees who feel safe to take risks and offer creative ideas promote innovation. Encourage flexibility and focus on outcomes, not tasks. Many senior leaders take it personally when they believe their people are unhappy. In reality, middle managers and supervisors exert more influence over employee satisfaction and are best equipped to address it. Inviting employees to participate in making decisions that affect their work reinforces ownership and engagement. This creates a community of pride and purpose.
n Work environment: Maintain an organized and comfortable workplace. This decreases anxiety and stress and increases productivity. Allow employees to solve
problems to show your confidence in their work. Allow flexibility with work times or environment if possible. The organization will reap rewards for allowing employees the freedom to best achieve their goals in an inclusive environment. Recognize employees in both big and small ways to show how much you appreciate them.
n Comprehensive salary and benefits: Competitive compensation and comprehensive benefits are essential to attract and retain employees. Paying your employees what they’re worth is important to their happiness. It demonstrates you value employees and care about their well-being.
n Training: Invest in your workforce and provide opportunities for employees to learn and grow. Offer soft skills and task-related training. Offer interesting challenges and projects to boost confidence and productivity. Learning and development are not only important for employee happiness, but also crucial to retention. As employees grow with your organization, career development can help them gain skills and advance professionally. When they increase their skills and experience, the company benefits as well.
n Technology: Use technology to drive culture and productivity by creating a sense of community. Messaging apps can increase ease of communication. Maintain a modern workplace with the latest technology.
Strike a balance in your organization and reap the benefits of a joyful and engaged workforce.
Pamela Drake works at Lighthouse HR Support as an HR business partner. The Grand Junction firm offers a range of human resource management services to small and medium-sized businesses. For additional information, call (970) 243-7789 or log on to www.lighthousehrs.net. F
Page 20 The Business Times June 6-19, 2024
ADUs offer attractive homeownership options
In today’s competitive real estate market, maximizing buying power is crucial. One increasingly popular strategy is purchasing a home with an accessory dwelling unit.
In operating a brokerage with divisions in residential real estate and development, we understand the nuances of such investments and their potential benefits.
An accessory dwelling unit (ADU) is a secondary housing unit on a single-family residential lot. These units can be detached, attached to the primary residence or converted from such existing structures as garages or basements. ADUs offer a unique blend of flexibility and functionality, providing everything from additional housing for extended family members to rental income.
One of the most compelling advantages of purchasing a home with an ADU is the potential for rental income. By renting the ADU, homeowners can offset their mortgage payments. This additional income can make homeownership more affordable and enhance buying power by allowing you to qualify for a larger loan or afford a more expensive property.
Homes with ADUs often see an increase in property value. As demand for flexible living arrangements grows, properties with ADUs become more attractive to potential buyers. This increased demand can lead to higher resale values, making an ADU a smart, long-term investment.
The City of Grand Junction encourages the development of ADUs as part of city housing strategies. The city recognizes ADUs expand housing inventory as well as give homeowners the opportunity to generate income from their properties.
In 2023, the city established an ADU production program to support and incentivize the construction of ADUs. The program is open to all ADU developers. Any city impact fees are paid by the city. Those who receive incentives through the program commit to keeping their ADUs as long-term rentals for a certain period of years.
ADUs provide a solution for multi-generational families. They offer private, independent living space for elderly parents, adult children or other family members. This setup allows families to stay close while maintaining individual privacy and autonomy. In addition, ADUs offer unmatched flexibility, adapting to changing needs over time.
Whether you need a home office, guest house or studio space, an ADU can serve multiple purposes throughout your homeownership journey.
ADUs promote sustainable living by making efficient use of existing land and infrastructure. They contribute to the density of urban areas without the need for extensive new developments, aligning with environmentally conscious housing trends.
Before purchasing a home with an ADU, it’s essential to understand local zoning laws and regulations. Ensure the ADU complies with all legal requirements and you’re aware of any restrictions that could affect its use.
While traditional mortgages can finance homes with ADUs, exploring specific loan programs designed for such properties can be beneficial. Some lenders offer products that consider the rental income potential of an ADU, which can increase your borrowing capacity.
Owning a home with an ADU entails additional responsibilities, including maintenance and tenant management if you choose to rent it out. Consider these factors and decide whether you’re prepared to handle the extra duties or if hiring a property management service is necessary.
Purchasing a home with an ADU is a strategic move to enhance your buying power and maximize your investment. With the potential for additional income, increased property value and numerous lifestyle benefits, an ADU offers a versatile solution for modern homeowners.
Investing in a home with an ADU is not just about buying property. It’s about creating opportunities. Whether you’re looking to generate extra income, accommodate family members or simply increase your home’s value, an ADU can be a valuable addition to your real estate strategy.
Kevin Bray is director of development with Bray & Co. in Grand Junction. The company operates a residential and commercial brokerage, along with property management, construction and maintenance and development divisions. For additional information, call (970) 242-3267 or log on to www.brayandco.com. F
Now’s the time to fight the bite and avoid West Nile virus
Mosquito season is under way on the Western Slope. As you and your staff plan work barbecues, summer picnics or other outside events, remember prevention is key to staying healthy this summer.
Mesa County Public Health encourages everyone to take precautions to limit mosquito bites. Prevention is crucial when it comes to avoiding West Nile virus, which is spread to people by the bite of an infected mosquito. West Nile virus season runs from May through October. Case counts typically peak in September.
Most people infected with West Nile virus don’t get sick — about 75 percent to 80 percent of cases are asymptomatic. For those who do experience symptoms, they can range from mild illness to severe encephalitis, which is inflammation of the brain. People over the age of 50 are at the highest risk for severe illness.
“West Nile virus infections can often go unnoticed as many people may not show any symptoms or only experience mild ones like fever and headache. It’s possible to be infected without realizing it,” said Kathleen Satterfield, an epidemiologist with Mesa County Public Health. “However, in certain cases, especially among older adults or those with weakened immune systems, West Nile virus can lead to serious and even life-threatening complications such as encephalitis or meningitis. Unfortunately, there’s no way to predict how an individual will respond if they contract the virus.”
Last year was a severe year for West Nile virus in Colorado. There were 18 cases in Mesa County, and 13 of those people were hospitalized. According to the Colorado Department of Public Health and Environment (CDPHE), 634 cases of West Nile virus were reported across Colorado in 2023. Statewide, 386 people were hospitalized and 51 died.
“Now is the time to think about prevention. There are simple, effective things you can do to lower your risk for mosquito bites to protect you and your family from West
Nile virus,” Satterfield said. “Prevention is key, because there is no specific treatment for this virus if you get it.”
Here are some steps to limit risk for mosquito bites:
n Use insect repellent effective against mosquitoes. Look for one that contains DEET, Picaridin, IR3535, 2-undecanone or oil of lemon eucalyptus.
n Dress in long sleeves and pants in areas where mosquitoes are active.
n Avoid being outdoors at dusk and dawn, when mosquitoes are most active.
n Drain and remove sources of standing water on your property.
n Talk to a health care provider if you develop a fever with severe headaches or confusion.
By sharing this information with your employees, we can all do our part to enjoy a bite-free, healthy summer.
Sarah Gray is a communication specialist with Mesa County Public Health. For additional information, call (970) 248-6900 or visit mesacounty.us/public-health. F
June 6-19, 2024 The Business Times Page 21
Sarah Gray
Kevin Bray
Investment numbers raise concerns for U.S.
Business investment is essential to economic growth now, but also into the future as investment serves as the seeds for future growth and development.
Contributors Opinion Business Briefs Business People Almanac
A new year affords a new opportunity to meet local needs
A new year almost always brings an opportunity for a fresh start and renewed ambition to do things better.
In business, that usually boils down to providing customers better products and services faster and at lower cost than competitors. Part of the process must include listening to customers to determine what they actually need and then meeting that need. After all, it does little good to offer the latest and greatest if nobody actually wants what you’re selling.
In terms of data about gross domestic product, business investment is captured in real private fixed nonresidential investment. There are three broad areas of investment within this larger category — structures, equipment and intellectual property products. Equipment includes information processing equipment, industrial equipment, transportation equipment and the catchall other equipment. Intellectual property includes software, research and development as well as entertainment, literary and artistic originals.
How do the recent investment numbers for the United States economy hold up?
Just like the businesses that belong to the group, the Grand Junction Area Chamber of Commerce invariably starts out the new year with a reassessment of the services and resources it provides and how well they match with members needs. Jeff Franklin, the new chairman of the chamber board of directors, 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.
n Real fixed nonresidential investment grew at a seasonally adjusted annual rate of 2.9 percent in the first quarter of 2024 and for all of 2023 at 4.5 percent. Since we’ve been clear of the pandemic — from the first quarter of 2022 to the first quarter of 2024 — growth has averaged 4.8 percent. These numbers fall notably short of the historic average of 5.1 percent since 1950. For good measure, the average from 1950 to 2006 registered 5.5 percent versus a 2007-to-2024 average of 3.7 percent.
The process will take on a more structured approach in what the chamber 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 growth and other problems they encounter.
n Real fixed nonresidential structures investment actually declined by a tenth of percent in the first quarter of 2024, but for all of 2023 grew by 13.2 percent. Post-pandemic, growth has averaged 8 percent. These numbers compare well to the historic average of 2.8 percent since 1950. However, the average from 1950 to 2006 registered 3 percent versus a 2007-to-2024 average of only 2 percent.
The new year offers a good time to join the proverbial club.
As an advertiser or reader, what do you need from the Business Times?
While business journals traditionally gather and report the relevant news to readers, communication isn’t necessarily a one-way street. That’s especially true as Web sites and e-mail make the dialogue more convenient than ever.
Good publications don’t exist in a vacuum. They respond to the needs of advertisers and readers. They provide what’s needed.
n Real fixed nonresidential equipment investment expanded by 2.1 percent in the first quarter of 2024, but for all of 2023 shrank by three-tenths of a percent. Since we’ve been clear of the pandemic, growth has averaged 2.5 percent. These numbers come up short of the historic average of 5.8 percent since 1950. In addition, the average from 1950 to 2006 registered 6.5 percent, versus a 2007-to-2024 average of 3.5 percent.
So what do you need?
Is there additional news coverage that would help keep you informed about local business developments? Are there features that would be interesting or useful? Is there advice that would make your jobs a little easier?
n Finally, real fixed nonresidential intellectual property products investment rose by 5.4 percent in the first quarter of 2024 and for all of 2023 grew 4.5 percent. Post-pandemic, growth has averaged 5.7 percent. These growth numbers fell short of the historic average of 7.3 percent since 1950. In addition, the average from 1950 to 2006 registered 7.7 percent versus a 2007-to-2024 average of 5.9 percent.
It’s equally important to ask what you don’t need. With limited time to produce content and limited space in which to publish it, would time and space be better devoted to something else?
The bottom line on business investment in recent GDP data — whether post-pandemic or since the onset of the Great Recession in 2007 — is growth has been far slower than what the U.S. has experienced historically. This investment under-performance has translated into under-performing overall economic growth.
What’s good? What isn’t? What’s needed? What isn’t?
Let us know. Send us an e-mail. Comment online on the Business Times Web site at www.thebusinesstimes.com. You could even write an old-fashioned letter to the editor if you’d like. Your feedback, both positive and negative, is valued and will be carefully considered.
Good publications are the result of not only the efforts of their staffs, but also collaborative efforts involving advertisers and readers.
If the U.S. wants to experience strong economic growth, we need strong investment growth. That means policymakers should establish a policy climate that incentivizes entrepreneurship and private sector investment, such as via substantive and permanent tax and regulatory relief, free trade, sound money and restrained government spending.
Like any other good business, we want to listen to our customers, find out what they need and then meet those needs.
It’s a new year. Please help us to do so. ✦
Raymond Keating is chief economist for the Small Business & Entrepreneurship Council. For additional information, log on https://sbecouncil.org. F
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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 — All rights reserved.
Bold predictions for 2015 more like not-so-bold repeats
Colorado Republicans supply the gift that keeps on giving
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 bunch of promises to break the first week of January. And while I won’t predict a whole lot, I can pretty much accurately nail a few things that without question will make the news. You will see these are pretty, well, predictable:
I really thought my last column would be the last column on the silliness of the Colorado Republican party and the candidates they continue to foist upon us.
But just like believing I could write a whole column with no sarcasm, it’s simply foolish to think that in the world of politics. Frankly, I liked politics better when it was all about sleeping around and not the destruction of lives and livelihoods and sacrificing freedom for the sake of power.
Craig Hall
Then again, in that sense, Donald Trump is a throwback to the good old days. Normally, this would mean Democrats would put Trump in a place of honor and Republicans would do just what they’re doing with him. I mean, personal Trump is the perfect, philandering, Democrat — except for his actual policies. And for Republicans, Trump’s great in terms of getting folks elected who the party can then use his personal behavior to cast him aside once proper power is restored for the establishment.
Anyway, this brings us to Colorado Republicans. Because there’s no sense in writing about Colorado Democrats as they always act like Democrats, just more in our faces than ever.
■ Prediction one: There will be some sort of weather event, natural disaster or heinous occurrence where someone will be interviewed and say the following: “I’ve never seen anything like that in my lifetime.” It’s as if this person is a required attendee at every news reporting event. While I understand most people’s perspective can indeed be limited by, or contained within, their own personal experiences, it is too much to ask to consult some historical perspective before saying such a thing? Yes, this response can apply to some events. But when it comes to weather and natural disasters, I’m pretty sure this is simply history repeating itself. Same as it has for millions and millions of years. More important, the planet made it! What didn’t were certain species. How’s that for perspective?
How about them Colorado Republicans? You know, the ones endorsing a primary candidate for the 3rd Congressional District after their last endorsed Trump-lusting candidate abandoned us for greener pastures in the 4th Congressional District. Then again, you all know what gets left in pastures after the cud chewers are done eating up all the votes, er, grass? As you can see, the 4th Congressional District is filling up fast with who’s the “mostest-Trumpest” excrement. How long before the 4th becomes a lean Democrat district? After all, it only took two terms out here.
■ Prediction two: When it comes to a crime or something that occurs between humans, the other required attendee at all news reporting events is the person who says this: “They we’re just the nicest people, and in no way did I see something like this coming.” Exactly. No one does most of the time when it comes to neighbors and acquaintances. People should be surprised at what goes on from time to time in their neighborhoods, towns and with people they know because people are good. And for the times that they shouldn’t be shocked — like with politicians, repeat offenders and terrorists — where’s the interview that says, “This doesn’t surprise me in the least.”
Which brings us to the lost souls in the 3rd Congressional District and the clown car of candidates taking our minds off just how bad a show the circus of national and state Republican politics has become. But like any good clown car, there’s always room for more. So we have what, a half dozen folks running for the right to lose to Adam Frisch and his storage facility of pleasure? Told you Democrats like their dirty stuff. And the Republicans did something they’ve never done — because it’s a non-negotiable policy of Republican righteousness — and endorsed a primary candidate. I guess my “unaffiliating” with the party really stirred some things up?
After all, it was screamed into me by the local party chairwoman the party doesn’t tell anyone they can’t run or what they can say.
■ Prediction three: Something good will happen economically, and the government will take credit for it. The most recent example is gas prices, where people ask me why I won’t credit the president for low gas prices. My answer is simple: Government never makes the price of something go down and simply takes credit for good news. Gas pricing is subject to many global factors. Now there are government answers to addressing some of them to keep prices stable for Americans, but our government has none of them in place. The only things it has in place in the
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, it’s more than likely the government did something to cause that number being low — and not in a good way. Conversely, when business picks up, it’s because the people who need to buy widgets who were not buying widgets because the economy was contracting due to natural (or unnatural, government caused) reasons, decided we better buy some widgets. The government had nothing to do with this.
Nor does it endorse any candidate in the primaries. So, it must be an unbreakable policy of the party, right? Until it’s not and we’re in the “in case of fire” mode. Which means only one thing. Republicans think the 3rd district is lost. How could they not after what they’ve allowed it to become over the past four years?
Which brings us closer to home, where the Republican party appears to vet candidates like a certain candidate does her dates — not at all. And from there we get my favorite interloper, JJ Fletcher, who has no one to blame but himself. You know, the person he’ll continuously tell you he’s not running for? And I write this not because I think I’m someone special deserving of special treatment, but because I think you all are. Yes, that’s sarcasm.
You see, JJ likes to post things on Facebook, usually in sentences that contain the words I and me. On one such post, JJ bragged about how he was a “different kind of politician and running for you” (which is different how?) who will also take pains to talk to people and get the facts before making decisions. So your intrepid, curious, citizen columnist asked him the obvious question: Can you give us any examples from any of the current county commissioners where they didn’t do things the JJ way? No answer. But that’s what happens when someone runs on “me” talking points — although it worked for Obama and I’m still processing how.
But that didn’t stop ol’ “I got my own road sign” Fletcher from stepping in the political pasture caca on another post. JJ’s road sign “me” moment (who brags about their own road sign?) had him boasting about how he collaborates to put the best ideas and policies forward to the benefit of all. So naturally, I asked him for an example. This time JJ had the cajónes to seemingly take credit for keeping the Mind Springs facility open in Grand Junction, which in actuality turned out be sending out an email with “solutions” and making some “last-minute” phone calls. As if no one else in the county was working on the Mind Springs problem before JJ came on the scene. When asked for specifics, JJ went into the establishment, Mesa County good ol’ boy way of life posture and blocked me and deleted our back and forth, although he did offer to answer questions via email or over coffee before doing so. But as I tried to tell JJ, answering questions to your own words doesn’t deserve special treatment, nor do I. It also doesn’t make you unique as a politician, JJ. It makes you another clown in the car of establishment power. And while that’s sarcasm, it’s also the truth.
■ Prediction four: In keeping with things the government does, I predict the 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 you might say, “Craig, you always say this about President Obama because you don’t like him.” You’re right in a sense. I don’t know the man, but what I know of him and his thinking, I don’t like it or him one iota. Before you go off, however, I didn’t like President Bush and his bailouts, stimulus and his abandoning the free market to save the free market. And I don’t know him either. What the government does, and the only thing it can do, is hurt the economy. Unless it does nothing or put criminals in jail instead of partnering with them, nothing the government does will help. Always look at it this way, whatever the government says it is doing, whatever the name of the law it is passing, or whatever the name or goal of the bureaucracy it is presenting to the people, expect the polar opposite to occur. I guess what I’m saying is that perhaps it’s time to get out of our own perspective. There’s plenty of history books and historical research out there to begin to understand that all of this has happened before. And it will again, whether the topic is people or government. The best recommendation is to find some books or try that whole Google thing. There’s a lot of information on the Great Depression. The truth is it wasn’t even a good one until the government got involved. There’s also plenty of research on the medieval warm period when the planet was much warmer than today with a whole lot less people (and warmer well before man was here at all). And yep, people have been killing other surprised people since history was first written. Maybe some research will help stop all of these trends. Otherwise, we’ll be saying we’ve never seen anything like it in our lives. And not in a good way.
Craig Hall is owner and publisher of the Business Times. Reach him at 424-5133 or publisher@thebusinesstimes.com.
Craig Hall is owner and publisher of the Business Times. Reach him at (970) 424-5133 or publisher@thebusinesstimes.com.
Page 22 The Business Times June 6-19, 2024 PAGE 22 THE BUSINESS TIMES JANUARY 15-28, 2015 Opinion
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Copyright © 2024 — All rights reserved.
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Craig Hall
Raymond Keating
Learning from the past among instructive ways to ensure a better future
Ivan Pavlov, the Russian neurologist and physiologist most famous for his experiments with dogs, said: “If you want a new idea, read an old book.” The quote remains as appropriate today as it was in the early 20th century.
Bill Fawcett, author of “Doomed to Repeat,” cites numerous examples of history repeating itself, among them the devaluation of currencies, ecological collapses, financial disasters, inflation, Islamic jihad, military insurgencies, pandemics and radical political minorities like the Bolsheviks and Nazis. Whatever currently happens, something similar happened in history.
The same thing holds true for climatic patterns. The oldest continuous ice core records to date extend 123,000 years in Greenland and 800,000 years in Antarctica. Ice cores contain information about past temperatures and other environmental characteristics.
The 90,000-year Ice Age cycle, interspersed with shorter interglacial periods, is the most notable and recognized climate cycle.
S. Fred Singer, president of the Science and Environmental Policy Project, and Dennis T. Avery, senior fellow at the Hudson Institute, compiled a detailed body of research titled “The Physical Evidence of Earth’s Unstoppable 1,500-Year Climate Cycle.” These researchers noted that in the past 20 years or so, modern science has discovered evidence that within those broad Ice Age cycles, the Earth also experienced 1,500-year warming and cooling cycles. These cycles appear in plus or minus 500-year increments. The evidence cited in their study indicates the Earth experienced a Little Ice Age from 1300 to 1850. The Earth is now in a modern warming period that began about 1850 and is likely to continue for as many as 200 more years.
Solar scientists also remain skeptical humans contribute to climate change. Jeff Kuhn from the University of Hawaii Institute for Astronomy and other solar scientists believe the Sun drives climate. “As a scientist who knows the data, I simply can’t accept the claim that man plays a dominant role in Earth’s climate,” Kuhn said.
Lawrence Solomon, executive director of the Energy Probe and Urban Renaissance Institute, reported the link between solar activity and climate after space scientists from Germany, South Korea and the United Kingdom linked
the paucity of sunspots to cold weather in Europe. By comparing temperatures in Europe since 1659 to highs and lows in solar activity in the same years, the scientists discovered low solar activity generally corresponded to cold winters.
Mike Lockwood, a scientist and lead author from the University of Reading in England, said, “There is less than a 1 percent probability that the result was obtained by chance.”
Historical data notwithstanding, the mantra now is fossil fuels are responsible for climate change. This position seems rather arrogant in the face of data from thousands of years. Could it be possible climate has changed since the beginning of time? The draconian measures proposed and enacted today won’t change the trajectory of climate cycles that have occurred over thousands of years.
Instead of pretending mankind can alter climate cycles, what if mankind used existing technology, fossil and nuclear fuels and wind and solar energy to devise coping strategies for the years ahead that portend more warming and droughts? Brilliant minds, free markets and access to all resources would allow civilization to thrive despite natural climate changes.
Water is scarce, yet oceans contain all the water humans could ever need. There are methods of desalination to meet agricultural and municipal needs. Fossil fuels allow water to be pumped from great depths. Efficient heating and cooling systems improve comfort in extreme heat and cold. Wind and solar are unable to generate adequate power to maintain the quality of life. However, adding fossil fuels and nuclear power to the mix ensures civilization will continue to thrive.
Have you ever wondered why fossil fuels are considered the No. 1 enemy of climate despite historical evidence to the contrary? Follow the money. What’s gained from demonizing fossil fuels and nuclear power? Who makes the money? Who has the power to ban certain products?
The American people are pawns in the game of pretending fossil fuels are to blame for climate change. Wake up America.
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. A former teacher, principal and superintendent, Hunsinger wrote “Down and Dirty: A ‘How To’ Math Book.” Reach Hunsinger by email at phyllis@free-dom.us.com. For more information about the FREE Foundation, log on to www.free-dom.us.com.
June 6-19, 2024 The Business Times Page 23
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Phyllis Hunsinger
n WEST STAR AVIATION COMPLETES INSTALLATIONS OF STARLINK SYSTEMS
Opinion Business Briefs Business People Almanac
West Star Aviation has completed several Starlink installations to provide high-speed internet services aboard aircraft.
“Starlink installations are in high demand, and many operators are even opting to put their aircraft down for a standalone installation,” said Allen McReynolds, chief operating officer of West Star Aviation. “We are utilizing our resources to make sure our customers will be covered for their installations with or without additional maintenance or modification.”
West Star Aviation offers Starlink installations at its facility at Grand Junction Regional Airport as well as its other full-service locations and several satellite facilities. Lasers transmit data throughout the Starlink constellation to provide internet coverage around the world, including flights over oceans and polar regions.
In addition to its operations at Grand Junction Regional Airport, West Star operates facilities in Denver as well as Illinois, Minnesota, Missouri, Tennessee and Texas. The company has been voted the top maintenance, repair and overhaul provider nine times in an annual survey conducted for Professional Pilot Magazine. For more information, visit www.weststaraviation.com or call (800) 922-2421.
n APPLICATIONS DUE JULY 21 FOR GRANTS FOR SOLAR PROJECTS ON AGRICULTURAL LANDS
Applications will be accepted through July 21 for grants for projects that research and demonstrate the use of solar power on agricultural lands in Colorado.
A total of up to $500,000 is available for agrivoltaics research and demonstration projects through the second year of a program offered through the Colorado Department of Agriculture’s Agricultural Drought and Climate Resilience Office. A maximum of $249,000 is available for a single project.
An online seminar on the application process is scheduled for 1 to 2 p.m. June 18. To register or obtain more information, visit ag.colorado.gov/ADCRO. A recording of the seminar will be available on the Colorado Department of Agriculture YouTube channel.
Grant applications should be submitted by July 21 by email to Rosalie.Skovron@state.co.us.
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The Business Times welcomes submissions for free publication in Business Briefs. Email items to phil@thebusinesstimes.com or submit a news release online at www.thebusinesstimes.com.
n GRAND VALLEY POWER ANNOUNCES WINNERS OF SCHOLARSHIPS AND YOUTH PROGRAMS
Grand Valley Power announced seven winners of annual college scholarships as well as three high school students selected to participate in youth leadership programs in Colorado and Washington, D.C.
Madison Hawkins, a graduating senior from Fruita Monument High School, received the Jack Broughton-Colorado Mesa University Scholarship of $2,000, which is renewable up to four years for a total of $8,000. Grand Valley Power Scholarships worth $1,500 each were awarded to Anna Stone Ewing and Fernando Guitierrez from Grand Junction High School, Colton Eckardt from Caprock Academy, Tiyala Holton from Central High School, Lilly Preston from Palisade High School and Marisa Martinez from Regis University.
Sydney Maurer from Palisade High School and Alana Wade from Grand Junction High School received all-expenses-paid trips to the Cooperative Leadership Camp in Clark. Lilliana Davis from Central High School received an all-expenses-paid trip to the Washington, D.C., Youth Tour.
A Grand Junction-based electric cooperative, Grand Valley Power serves 19,000 meters in Mesa County and surrounding areas. For more information, visit www.gvp.org.
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OFFICE OF ECONOMIC DEVELOPMENT NAMES DIRECTOR OF MINORITY BUSINESS OFFICE
Azarel Madrigal has been hired as director of the minority business office of the Colorado Office of Economic Development and International Trade.
Madrigal leads efforts to promote economic opportunities for minority, women and veteran entrepremeurs across the state.
Before her latest position, Madrigal served as a regional director for U.S. Sen. John Hickenlooper. She also served as executive director of the First Southwest Community Fund.
Pinnacol promotes safe driving during summer season
A workers’ compensation insurer has called on Colorado employers to review and improve vehicle safety protocols heading into what’s typically a busy summer season on roadways.
“The data is clear. Motor vehicle accidents pose a significant threat to workplace safety,” said Monica Cabrera, safety learning specialist with Pinnacol Assurance. “It’s important for employers to actively engage in preventative measures, such as implementing a defensive driving program. Such programs not only educate employees on safe driving practices, but also foster a culture of safety that extends beyond the workplace.”
According to Pinnacol, motor vehicle accidents are a leading
cause of fatalities among workers. Injuries sustained in accidents range from sprains and strains to fractures and traumatic brain injuries. Employees in the transportation, auto service and health care industries are most at risk.
Pinnacol safety consultants stress strict adherence to seat belt use as well as strategies that minimize distractions while driving, especially cell phone use.
“When businesses prioritize employee safety on the road, they can significantly reduce the risk of accidents, ultimately saving lives and reducing financial burdens,” Cabrera said.
Pinnacol provides workers’ compensation insurance coverage to nearly 1 million workers in Colorado. For more information, visit the website at www.pinnacol.com.
Angels in the Making — a dog training business in Grand Junction offering group classes, private sessions and online courses — is celebrating 20 years in operation.
Teri Thomas founded Angels in the Making in 2004 in the lobby of a veterinarian’s office, where she led group classes.
Working part-time as a veterinary technician, Thomas earned certification through the Council for Professional Dog Trainers as well as diploma in Canine Behavior Counseling through the American College of Applied Science. In 2007, she relocated Angels in the Making into the Business Incubator Center in Grand Junction.
The business moved again in 2023 to its present location at 2484 Commerce Blvd., No. 5.
Thomas added an administrative assistant in 2018, a part-time trainer in 2019 and another trainer in 2023. The trainers are certified through Absolute Dogs training, a worldwide organization.
Group classes cover such topics as relationship building, communication between people and dogs and basic life skills. Puppy socialization, therapy dog and service dog courses also are offered. Private sessions are available at the Angels in the Making training facilities or people’s homes.
For additional information about Angels in the Making, call (970) 263-8634 or log on to www.angelsinthemaking.com.
F Page 24 The Business Times June 6-19, 2024
NOTEWORTHY
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Teri Thomas, owner of Angels in the Making in Grand Junction.
Allen McReynolds
Monica Cabrera
June 6-19, 2024 The Business Times Page 25
Opinion Business Briefs Business People Almanac
Business Briefs Business People Almanac
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TIMBERLINE PRIVATE BANK NAMES VICE PRESIDENT AND BANKING OFFICER
Amanda Miller has joined Timberline Private Bank in Grand Junction as vice president and private banking officer.
Miller brings to her latest duties 17 years of experience in the banking industry, including positions as a senior vice president and sales and administration manager.
She holds a bachelor’s degree in business administration from Colorado Mesa University. She’s a certified trust and fiduciary advisor and financial paraplanner qualified professional.
Miller’s affiliation comes on the heels of a partnership between Timberline Private Bank and the Ashton Thomas Wealth Confluence Team with an office in the Timberline Bank branch in Grand Junction.
“The addition of a seasoned professional like Amanda and the partnership Timberline has created with Ashton Thomas positions Timberline to provide one-stop service to any wealth management client in the region,” said Jim Pedersen, co-chief executive officer of Timberline Bank. “We could not be more delighted to have someone of Amanda’s caliber joining our team.”
Miller said she was impressed with the Timberline team as well as the company culture. “Timberline is a well-respected community bank, and I’m proud to be a part of it.”
Timberline Bank operates branches in Grand Junction as well as Montrose and Aspen. For more information, visit www.TimberlineBank.com.
n GRAND VALLEY
REAL ESTATE BUSINESS NAMES NEW TEAM COORDINATOR
Kayla Howell has been hired as team coordinator for Merrite Wyatt and the 3A Team at the Bray & Co. real estate firm in Grand Junction.
Howell manages the day-to-day operations, coordinates transactions and ensures communication between agents and clients. She brings to her new duties experience in the real etstate and hospitality industries.
“My hospitality background and experience has taught me how to quickly think outside of the box to deliver the best customer service and to ensure our client’s best interests are our team’s top priority,” she said.
Wyatt said the addition of Howell constitutes a gamechanger for the 3A Team. “Her extensive experience and exceptional organizational skills will enable us to provide an even higher level of service to our clients. I’m confident that her contributions will play a crucial role in our continued success.”
Bray & Co. operates a residential and commercial brokerage along with property management, construction and maintenance and development divisions. For more information, call (970) 242-3647 or visit www.brayandco.com.
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The Business Times welcomes submissions for free publication in Business People and the Almanac calendar of events. Submissions may be emailed to phil@thebusinesstimes.com or submitted online at the website at www.thebusinesstimes.com.
n GRAND JUNCTION REAL ESTATE FIRM ANNOUNCES ADDITIONS TO TEAM
Erika Doyle and Don Potter have joined Realty One Group Western Slope in Grand Junction.
Doyle draws on more than 20 years of experience in real estate, including ownership of Doyle & Associates Real Estate Services, which she launched in 2005.
Potter worked for Doyle & Associates since starting his real estate career.
Tyler Harris, broker and owner of Realty One Group Western Slope, welcomed Doyle and Potter to the firm. “I am very honored to have Erika and Don joins us and our efforts here at Realty One Group Western Slope. These two share the same enthusiasm I do for real estate, and their professionalism and experience is a tremendous asset to our firm.”
Realty One Group Western Slope operates offices at 441 Colorado Ave. in downtown Grand Junction. For additional information, call (970) 313-3884.
n REAL ESTATE BROKERAGE ANNOUNCES ADDITION AND BEST-SELLING AGENT
Debby Powell has joined Heiden Homes Realty in Grand Junction as a Realtor.
Toni Heiden was honored as the top performing agent for April.
Powell worked in human resource management for 25 years and also worked as a Realtor in California. She moved to Grand Junction seven years ago and recently activated her real estate license in Colorado.
Heiden, the owner broker of Heiden Homes Realty, posted the highest dollar volume in sales in April as well as the most closed transactions.
Heiden Homes Realty operates offices at 735 Rood Ave. For more information, including properties for sale and rent, call (970) 245-7777 or visit www.heidenhomes.com.
June 6
n Fruita Area Chamber of Commerce Women in Business networking lunch, noon to 1 p.m., Lowell School, 310 N. Seventh St., Grand Junction. Members attend at no charge other than lunch. Others pay $10 plus the cost of lunch. 858-3894 or https://fruitachamber.org
n Business startup workshop, 2 to 3:30 p.m., Business Incubator Center, 2591 Legacy Way, Grand Junction. Admission $55. 243-5242 or https://gjincubator.org
June 7
n Veteran entrepreneurs summit, 8:30 a.m. to 4:15 p.m., Western Region One Source, 482 28 Road, Grand Junction. 242-3214
June 11
n Mesa County Women’s Network workshop on the power of emotions, 6 p.m., Abstract & Title 2464 Patterson Road, Grand Junction. www.mcwn.us
June 12
n Western Colorado Human Resource Association monthly luncheon meeting and presentation on bridging the racial divide, 11:30 a.m. to 1 p.m., Mesa County Workforce Center, 512 29 1/2 Road, Grand Junction. https://wchra.org
n Grand Junction Area Chamber of Commerce Networking at Noon, noon, Ocotillo Restaurant and Bar at Redlands Mesa, 2325 W. Ridges Blvd. Admission $20 for members, $25 for others. https://gjchamber.org or 242-3214
n Palisade Chamber of Commerce lunch and learn presentation by Cassidee Shull, executive director of the Colorado Association for Viticulture and Enology, noon to 1 p.m., The Milky Way, 330 Main St. Members attend at no charge. Others pay $5. www.palisadecoc.com or 464-7458
June 13
n Fruita Area Chamber of Commerce business after hours, 5:30 to 7 p.m., Suds Brothers Brewery. 127 E. Aspen Ave. Admission $5 for chamber members, $15 for others. https://fruitachamber.org Upcoming
n Fruita Area Chamber of Commerce Women in Business event at Jet Boat Colorado, 4 to 6:30 p.m. June 20, 2237 Roan Creek Road, De Beque. Admission $30 for members, $50 for others. 858-3894 or https://fruitachamber.org
n Coffee Club free networking meeting and presentation by Tony Lee, Mesa County veterans service officer, 9 to 10 a.m. June 21, FWorks meeting room, 325 E. Aspen Ave., Fruita. 858-3894 or https://fruitachamber.org
n Grand Junction Area Chamber of Commerce quarterly membership luncheon, noon to 1:30 p.m. June 24, Colorado Mesa University. Admission $25 for chamber members, $35 for others. 242-3214 or https://gjchamber.org
n Bookkeeping boot camp, 9 a.m. to 2 p.m. June 27, Business Incubator Center. Admission $75. https://gjincubator.org or 243-5242 F
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Erika Doyle
Don Potter
Amanda Miller
Kayla Howell
Debby Powell
Toni Heiden
June 6-19, 2024 The Business Times Page 27
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