vest-pocket-icon-newsVest Pocket News

Join Us For “Delegating Effectively to Help Your Business Grow”

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Most small business owners understand the importance of delegating, yet few do it effectively. This can lead to lower revenue, slower growth, and increased stress.

Want to learn how to keep your team accountable and trust that things gets done?

Join Vest Pocket Business Coalition at the Suazo Business Center for “Delegating Effectively to Help Your Business Grow”

In this workshop, strategic performance coach & advisor Camilla Kragius will show you how to figure out what to delegate and to whom. You’ll learn how to create a simple system so you don’t have to reinvent the wheel each time, how to communicate effectively, and why having an organizational chart without employee names is a must for every business.

When: Thursday, June 14th, 11:00am-1:00pm

Where: Suazo Business Center, 960 W 1700 S, Salt Lake City, UT

Cost: $12/Vest Pocket members or $15/non-members (includes lunch)

This event is presented by Vest Pocket Business Coalition and the Suazo Business Center.

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Speaker Bio

Camilla Kragius is a Strategic Performance Coach & Advisor who works with business owners and their teams showing them how to reach that next level and work more efficiently. She believes in using simple tools that give big results. Camilla specializes in time management, productivity, mindset, goal-setting, high performance as well as sales, leadership communication and business strategies. Her clients range from startups to 100 million dollar companies.

Join Us For Our May Event: A Tasting Tour of Dented Brick Distillery on Wednesday, May 16th!

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You’re invited to join Vest Pocket Business Coalition for our special May event after work on Wednesday, May 16th. Join us for a tasting tour at Dented Brick Distillery starting at 5pm. You can sample the various spirits produced at Dented Brick and learn how their distilling process works on this informative tour. Come meet other local, independent business owners and enjoy food from Caputo’s.

This is a private event and pre-registration is required. Be sure to register now to reserve your space on the tour.

When: Wednesday, May 16th, 5:00pm-7:00pm

Where: Dented Brick Distillery, 3100 South Washington Street in Salt Lake (near 3300 South and 300 West)

Cost: $12/members or $15/non-members includes cost for the tasting tour and appetizers

Other: Must be 21 or older to be admitted.

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Join Vest Pocket For A Guided Tour Of The City Library’s Creative Lab

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You’re invited to join Vest Pocket Business Coalition for a free, guided tour of the City Library’s new Creative Lab. The Creative Lab provides a space with dedicated equipment and software to create, edit, and convert digital media projects including video, audio, photography, and 3D modeling.

Need a green screen to shoot your next video? The Creative Lab has one. Need access to Adobe’s Creative Suite of software? The Creative Lab is the place. Vest Pocket board member and Social Media Expert Lydia Martinez will lead the tour along with the City Library’s Technology Coordinator, Jennifer Briggs.

The guided tour begins promptly at 10am on Wednesday, April 11th on the first floor of the Salt Lake City Main Library. The tour is free but reservations are suggested. Click below to register.

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Vest Pocket Breakfast Recaps 2018 Utah Legislative Session

Special guest speaker Kate Bradshaw recapped the 2018 Utah legislative session at Vest Pocket’s March breakfast event on March 22nd.

Special thanks to Empanada Express for providing breakfast and Red Moose Roasting for providing coffee for this event.  Also thanks to Bruce Johnson Productions for facilitating the live stream of this event.

Speaker Bio

Kate A. Bradshaw

Kate A. Bradshaw

Kate Bradshaw serves as Director of Government Affairs for Holland & Hart LLP and is the principal of her own firm, Kate A. Bradshaw Political and Media Consulting.  Kate works with businesses in our community to develop comprehensive legislative and public relations strategies and represents clients before the Utah State Legislature, the Governor’s Office and Executive branch agencies.  She previously served as Vice President of the Utah Food Industry Association and the Utah Retail Merchants Association, as well as a government relations associate for Parsons, Behle, & Latimer and a Public Relations Officer for Zion’s Bank.  Kate is an Honors Degree graduate of Westminster College and has served as a congressional intern in Washington, DC.

UPDATE: Business Property Tax Relief Bill Progresses in Utah Legislature

On February 21st, 2018, the Taxation and Revenue Committee of the Utah House of Representatives approved via a 9-0 vote House Bill 375 which would provide substantial relief of the personal property tax burden on Utah businesses. HB 375 in its current draft form would exempt from taxation business personal property that has a total aggregate value per county of $50,000 or less. Current law provides an exemption for tangible personal property having an aggregate value of only $10,000 or less.

HB 375 is expected to be debated soon by the full Utah House, and if it passes, will be considered by the Utah Senate.

You may personally track the progress of HB 375 by going to the Legislature’s website here: https://le.utah.gov/~2018/bills/static/HB0375.html

Vest Pocket will continue to monitor the progress of  HB 375 and urges all business owners to contact their Senators and Representatives and urge them to vote in favor of the bill.

February’s “Tips & Tricks of Time Management” Event Provided Valuable Advice for Small Business Owners

Rena Ferguson, Vest Pocket Education Chair

On February 22, Vest Pocket members and guests participated in the “Time Management, Tips and Tricks” workshop presented by Human Resources Consultant Rena Ferguson, SPHR, MBA, from BBSI. Ferguson also serves as Vest Pocket’s Education Chair.

During this workshop Rena walked attendees through the process of managing time more efficiently.

“You can’t make more time,” Rena stated. “Everything we do costs us time, and that is not something that we add into our budgets.”

Rena recommends making a plan to start with ONE thing. Streamlining processes actually decrease our cost of time and money by increasing our efficiency. According to Rena, ORGANIZATION is the key.

Tip #1

Organization keeps teams in ‘FLOW’ and eliminates the ‘hunt’ and ‘distractions’.

  • Organize your data and files for quick access.
  • Create an intuitive filing system and enter data into systems daily or on a regular basis
  • Consider mandating that emails be answered same day and organize emails by using Outlook’s “Rules” feature
  • Keep a running list of projects and frequently update progress
  • Create “Team Habit”
  • Create policies to support habits

Tip #2

Using Databases

  • Create searchable content using databases that are available. Searching online is much faster
  • Your team should be involved in this process so they can use it easily

Tip #3

Schedule (FOCUS)

  • Schedule the important:
    •  Must Do’s (deadlines)
    • Need To’s (planning and to do items)
  • Set up for the next week’s tasks
  • Exercise (invigorate you)
  • Breaks and Rests (rejuvenate)
  • Date Nights (connect)

Tip #4

Habits

  • Only check emails at a certain time during the day
  • Schedule time to FOCUS on certain projects or tasks through completion
  • Say NO to distractions
  • Create routines that ensure certain tasks will be done at certain times.
  • Schedule time for the inevitable daily fires that need to be put out
  • Put notes in meetings and attachments

Tip #5

Delegate

When we schedule priorities, we are saying NO to something else. Discipline yourself to stand firm to your schedule.

  • Admit what you do not do well or don’t want to do. Outsource or hand off to employees
  • Do what you do best and DELEGATE the REST!

Recommended Resources:

The 5 Choices: The Path to Extraordinary Productivity by Kory Kogon, Adam Merrill, Leena Rinne

Essentialism: The Disciplined Pursuit of Less by Greg McKeown

The Power of Habit: Why We Do What We do in Life and Business by By Charles Duhigg