Does Size Matter?

In this eight page article, an analysis of Utah's economy was done. The research looked at many aspects of what keep the process going. It took statistics of employment (rates, payment, number of employees etc.) It looked at seasonal attributes for things like the ski areas and how that effects what continues to stay open. Another main aspect was looking at how the economy has been improving since the crash in 2008. Big and small businesses are helping the recovery.

This whole file will be a great influence on my research. In contained many graphs relevant to my claim. Also by looking at size, I can compare the large companies and the small ones here in Utah. This article was also understandable in the vocabulary it uses, which is always a plus. This will be a main reference in many points in this upcoming research project.

Knold, M. (2012, Winter). The Influence of Company Size on the Utah Economy. Retrieved January 31, 2016, from https://jobs.utah.gov/wi/pubs/localinsights/winter2012/localinsightsstatewide.pdf

Knold, Mark. "The Influence of Company Size on the Utah Economy." Winter 2012. Web. 31 Jan. 2016. <https://jobs.utah.gov/wi/pubs/localinsights/winter2012/localinsightsstatewide.pdf>.

Shop Local First

This article talks about the top ten reasons to shop locally. It gives a statement and a reason for each, including a question of how the reader feels about it. This question is a mild call to action. The main points this article states that the reasons to shop locally are: money is kept close, it helps with the environment, it creates jobs, it sustains the local economy, plus a few more.

This is relevant to my research in that small businesses are so very vital to Utah's economy. I enjoyed reading this because it made myself want to shop small. The website that the article comes from is totally supportive of my research statement. As I looked through the website, I even found studies done right here in Utah. This is overall a very good website to use in research terms.

"Local First Utah | Locally Owned and Independent Businesses - Ten Reasons for Buying Locally." Local First Utah | Locally Owned and Independent Businesses - Ten Reasons for Buying Locally. 2014. Web. 31 Jan. 2016. <https://localfirst.org/think-local/ten-reasons-to-shop-locally>.

Local First Utah | Locally Owned and Independent Businesses - Ten Reasons for Buying Locally. (2014). Retrieved January 31, 2016, from https://localfirst.org/think-local/ten-reasons-to-shop-locally

Support Small Business

This article urges readers to participate in support of small businesses of Utah. Small businesses are struggling to stay open due the lack of costumers. The internet and other bigger businesses are taking them away.  When small businesses close there is a major impact on the economy.

In relating this article to my research, Salt Lake County Mayor McAdams was quoted saying if Utah citizens shift only ten percent of spending to local small businesses, an extra $1 billion would come back to the overall economy. To illustrate this, if $100 is spent in a local business, $56 stays in the area. Compare that to the same spent at a department store where only $13 is kept. This completely supports the claim that small businesses keep Utah afloat economically.

Liesik, G. (2015, November 27). Utahns urged to shift spending during Small Business Saturday. Retrieved January 23, 2016, from http://www.deseretnews.com/article/865642589/Utahns-urged-to-shift-spending-during-Small-Business-Saturday.html?pg=all

Liesik, Geoff. "Utahns Urged to Shift Spending during Small Business Saturday." 27 Nov. 2015. Web. 23 Jan. 2016. <http://www.deseretnews.com/article/865642589/Utahns-urged-to-shift-spending-during-Small-Business-Saturday.html?pg=all>.

Utah's Small Business is Growing!

Utah hasn't always been known for being the biggest economic giant. But that is changing now. The creation of new small businesses, Utah is becoming a financial hot seat. In this article, it lists the top ten growing small businesses in Utah. Each business listed is given a description of how it impacts the local economy. Statistics of each company employment rates prove that small companies are having a great impact in Utah's overall revenue.

The number one growing company in Utah right now is an online clothing deal company called Jane. An email is sent everyday containing discounted clothes from local or surrounding clothing companies to people all over America. The research I will be starting is how small businesses impact Utah's overall economy with an emphasis on the new fashion boutiques that have become a fad. I liked how this article totally supports my research by stating that a clothing company is dumping tons of money into Utah's economy.

Scott, Bartie. "Here Are the 10 Fastest-Growing Companies in Utah." Inc.com. 30 Sept. 2015. Web. 22 Jan. 2016. <http://www.inc.com/bartie-scott/2015-inc5000-top-10-fastest-growing-companies-in-utah.html>.

Scott, B. (2015, September 30). Here Are the 10 Fastest-Growing Companies in Utah. Retrieved January 22, 2016, from http://www.inc.com/bartie-scott/2015-inc5000-top-10-fastest-growing-companies-in-utah.html