Salem Business Journal archive
680 articles · Page 58 of 68
Central Area Neighborhood Development Organization
The Central Area Neighborhood Development Organization (CANDO) is automatically open to residents, businesses, and property owners in Salem, fostering community engagement and local decision-making without dues. Regular meetings address local issues, promoting a lively community. Participation is flexible, with resources available for involvement, including meeting agendas and direct contact for inquiries.
Selling Your Business to Retire?
Selling a closely held business requires thorough preparation, including gathering critical information about the business, personnel, and markets. Owners should maintain a positive attitude and work closely with advisors while compiling documentation like financial statements, contracts, and property details. This information aids in establishing the business's market value effectively.
The High Cost of Inflation
Inflation is increasingly concerning, especially with the U.S. rate hitting 8.5% in early 2022, the highest since 1982. This rapid inflation reduces purchasing power, particularly hurting those on fixed incomes. Small businesses report significant impacts, raising prices due to rising costs from supply chain issues and fuel, yet struggle with fixed contracts and lower earnings.
Scholarship Opportunity for Students of Color in Salem-Keizer
The Thompson-Patch Scholarship Fund offers financial support to underrepresented students of color in the Salem-Keizer area. Established in 1995, it has aided over 250 students facing significant challenges. Unlike traditional scholarships, it focuses on improvement and resilience rather than GPA, promoting equity and diversity in education.
Barre None
Barre3 studio owner Nicole White opened her fitness center in Salem after discovering its empowering workouts. Combining strength, cardio, and mindfulness, the inclusive environment fosters community and support. White encourages aspiring entrepreneurs to embrace challenges. The studio prioritizes client comfort, focusing on holistic health rather than aesthetics, welcoming everyone to participate.
First Citizens' Awards Banquet at the 71st Salem
The 71st Salem’s First Citizen Award Banquet honors individuals exemplifying servant leadership. This year, Gary Epping and Shawn Epping Engelberg receive the First Citizen Award for their philanthropic efforts through the Epping Family Foundation. Distinguished Service Awards are presented to Myron Jones, Jerry Moore, and Mary Jean Sandall, while Richard Schultz is named Outstanding Young Professional.
Local Author and Business Owner Launches Book Tour
Lucy Escobar, a local author and business consultant, has launched her book "Dare To Be a Successful Woman" to empower women in personal and professional growth. Currently on a promotional tour, she aims to reach various locations including Salem and overseas in Latin America. An English version is anticipated for release in 2023.
Salem Capitals Make Their Debut
The Salem Capitals' return to professional basketball after nine years aims to engage the mid-Willamette community. Under Jason Conrad, the team joins the growing Basketball League, focusing on player development and community involvement. With a strong start, the Capitals embody opportunities for players and families, promising a vibrant local sports culture.
Cozy Taberna opens its doors in downtown Salem
Cozy Taberna has opened in downtown Salem, offering a unique Spanish-inspired dining experience focused on shared plates. Co-owned by Rex Robertson and Michael Shinner, with culinary advisor John Gorum, the restaurant aims for a social atmosphere with an open kitchen and diverse menu. Expansion plans include a lounge with additional seating.
Hiring Problems: How to Win the Heart of a Potential Employee
Employers are facing hiring challenges amid inflation and pandemic recovery, leading to a need for improved recruitment strategies. Refreshing marketing, handling online reviews, understanding workplace culture, and recruiting for cultural fit are essential. Competitive pay and benefits are crucial, as future employees prioritize their options more than ever.