Bank of Utah sponsors seminar to help propel businesses forward during turbulent economic times

 

“It’s a taxing time for Utah businesses, but with the right financial management strategy, you can thrive in spite of it all,” said Scott Parkinson, senior vice president of retail banking for Bank of Utah. “This seminar can serve as a crash course in managing company finances or as a simple refresher course.”

 

Business owners, managers, controllers, financial advisors and anyone involved in company cash management will learn how to increase profitability by:

 

 

Vice president of Nilson Homes David Lowry, attended a similar seminar sponsored by Bank of Utah in Ogden in November. He said, “I’ve been a CPA for more than 23 years and the seminar shed new light on the basics.  Whether you’re an entrepreneur or have been in the business for 25 years, you’ll benefit from the discussions on cash flow, debt management and profitability. I have returned to my notes from the conference numerous times since then.”

 

Lowry said, not only is the seminar well organized and relevant, the presenter is entertaining and presents the material in a positive and optimistic way.  Featured speaker Kyle Enger of Pacific Coast Banking School, University of Washington, is a nationally recognized expert on financial management for small businesses. He is an owner of a closely-held business and a former bank vice president. This past experience gives him a unique perspective on the issues that small business owners face. Enger is a founding partner and principal of Business and Banking Institute, BBI Financial LLC, a corporate advisory firm headquartered in Bellevue, Washington. Enger and his team work with closely-held companies in the area of financial management, valuation and preparation for sale.  They have helped businesses improve their current liquidity position and increase long-term valuation by an average of 40 percent.

 

“Moving Your Business Forward in Turbulent Economic Times,” will be held 8 a.m. to 5 p.m., March 9-10 at the Salt Lake Community College Larry Miller Campus, 9750 S. 300 West in Sandy. The cost is $350 for the first registrant from a company, and $250 for additional names. Registration includes breakfast, lunch and materials for both days.  Seating is limited.  Register at www.bankofutah.com/seminar or call 801-409-5172.