Springs has most affordable homes in state

Colorado Springs has the most affordable homes in the state, and Boulder has the most expensive, according to analysis from Coldwell Banker. Home sales prices...

Bijou bridge opening, downtown parking free

The Bijou Street Bridge will re-open Oct. 1, and the city is offering a week of free downtown parking to celebrate the event. Downtown parking...

Final GDP report shows 3.8 percent increase in 2Q

Real gross domestic product – the output of goods and services produced by U.S. labor and property – increased at an annual rate of...

New era in health care…

Health care history will be made when Teller County residents walk through the doors of their new 40,000-square-foot full-service hospital. By 9 a.m. Oct. 1, the Pikes Peak Regional Hospital building will no longer teem with subcontractors, cleaning crews and touch-up painters.

Extremely Grand Opening

The gorgeous new galleries at the Colorado Springs Fine Arts Center stole the show at the Extremely Grand Opening Masterpiece Gala at the Colorado Springs Fine Arts Center. All the glitz and glamour, bling and black tie couldn’t compare to the grandeur of the glass hallway and new galleries in the two-story, 48,000-square-foot addition designed by Colorado Springs architect David Owen Tryba.

Best Place to Pick Up Coffee

Starbucks

How to … Select an advertising agency

An effective advertising campaign can pay off big-time, but an ineffective one will have you paying out big money with little to show in return. Your choice of advertising agency can make all the difference. Before you search for an agency, think about what you want to accomplish. Are you looking to increase sales? Promote a new product? Brand your company? Determine your advertising budget and your target market. Also consider whether you’re in the market for a long-term relationship with an agency or just a one-time campaign.

How to … Choose a property-casualty insurer

Owning your own company is risky business. And as your business grows, your risks grow, too. While most companies are prudent enough to hand over much of the risk to an insurance company, some are less diligent about performing regular insurance checkups to determine whether their insurance coverage remains adequate for their changing company.

How to … Plan an IPO

Considering taking your company public? Think carefully whether this is really something you want to do. While an initial public offering raises money for a company, it also brings in a slew of new players – investors and analysts with whom you, as the head of the company, will have to deal. Planning an IPO takes considerable time, trouble and expense, so it’s important to gauge early on in the process whether your company will be attractive to investors and therefore generate the necessary interest to raise capital. Does it fall into a category that is currently hot with investors? Do you have a track record of profitability in your corner?

Don’t over think customer service

Anyone who is even remotely tuned in to the small business world quickly realizes that customer service plays a dominant role in making a business successful. Yet, when I hear ideas about how complicated people want to make their customer service process, I am dumbfounded. It is as if people want customer service to be rocket science with complex formulas and instruction manuals. Customer service is not, and it never should be, that complicated.

Medical Pavilion at Briargate breaks ground

Located across from the new Memorial Hospital North, Healthcare Realty Trust’s two-building, 170,000-square-foot office Medical Pavilion complex officially broke ground this month. The move represents the firm’s entry into Colorado. The publicly-traded real estate investment trust which focuses on medical and outpatient facilities reported a portfolio net worth of $826 million in 2006. It currently manages or holds 249 medical properties in 28 states across the country.

How to … Prepare for a disaster

As a business owner, you hope for a long and prosperous life for your company. But as you hope for the best, you must prepare for the worst to ensure your company’s survival in the event of total or partial disaster. No one likes to think about the possibility of the company’s facilities being destroyed by a fire or the sudden death of a key employee. Every business can potentially be disrupted by a natural or man-made disaster, and while the thought is unpleasant, the scenarios must be considered.