Content about Quotation

The Bank of Santa Clarita released its first quarter results Thursday, reporting net earnings totaling $68,000 as compared to $29,000 for the first quarter of 2011.

The bank also reported that net interest income increased $135,000 or 9 percent over the first quarter of 2011. The bank reported $1.7 million of net interest income for the first quarter of 2012 as compared to the $1.5 million reported for the first quarter of 2011.

Last week, about 15 people attended the Lunch and Learn to better understand how cloud computing differs from their current server situation and if it’s worth making the switch.

“We want to know what the heck ‘the cloud’ is,” said Steven Lettau, marketing director for Advanced Audiology.

Lettau attended SCV Chamber event about cloud computing April 6, hosted by Jeremy Stepan, president of Valencia-based Adage IT.

Adage IT has been selling cloud-solution packages for about six months, Stepan said.

A Denver-based developer unveiled plans for a new 157-unit rental townhome project in Santa Clarita on Thursday.
Archstone, a leading apartment investment and operations company, announced that it has begun construction in a joint venture with a division of The Resmark Companies, a full-service real-estate investment adviser.

The company held a groundbreaking ceremony on its 12.49-acre site located east of Highway 14 on Via Princessa and Lost Canyon Road. Archstone expects the first units to be ready by the spring 2013.

Free business counseling services by SCORE, Service Corps of Retired Executives, are now available at the SCV Chamber of Commerce on the second and fourth Thursdays of every month, starting at 10 a.m.

Founded more than 40 years ago, SCORE offers resources and expertise to business owners of existing and start-up businesses on a confidential basis. Individual counseling sessions are available.

There’s nothing like a proud parent watching their child take the reins of the family business, but behind that transition is a complex set of legal and tax implications – and oftentimes, a business owner is not taking them into consideration soon enough.

Pets are a big priority for families in Santa Clarita, said John Douglas, co-owner of Happy Pets Veterinary Center.

A testament to how much people view their pets as family members, Douglas said, is that none of the veterinary centers locally have closed for economic reasons. Only one or two closed because someone passed away. All of the centers managed to survive and some have even managed to thrive in this economy.

When you purchase a red velvet cupcake at Kupcake Kitchen, know that owner Lisa Jurado’s entire family was involved in making it for you.

In 2010, when the public relations specialist turned her baking hobby into a full storefront business on Bouquet Canyon Road, Jurado enlisted her then-unemployed husband and her parents, in-laws and children to help with the bakery.

Whenever I drive on Interstate 10 through Palm Springs, I think about the lessons taught to me by “Wild Bill” Sweeney. I worked with Bill at Nestle.

That was first lesson I learned from Bill: Focus on what you have been directed to do, and do it well.

He had his marching orders to sell coffee to a certain set of customers, and nothing was going to stop him. Bill was a man on a
mission. He wanted people on his side, but if he had to, he would run you over; it was your choice.  

More Santa Clarita Valley companies could benefit from the Enterprise Zone tax credit program if they make themselves aware of it, or work with their CPAs to claim the credits, said Laura Biery, administrative analyst with the city of Santa Clarita’s Economic Development division.

Tax credits for hiring employees who qualify can offset the payroll costs for hiring employees, said Tim DiTomaso, keynote speaker and president of DiTomaso Incentive at Thursday’s Enterprise Zone lunch seminar.

The SCV Economic Development Corporation has partnered with the Valley Economic Development Center, offering Santa Clarita Valley’s small businesses access to capital through the Small Business California Loan program.

To tweet or not to tweet. More importantly, whose tweet is it anyway? With strategic emphasis placed on social media presence for brand development and market positioning, companies are not only looking at the marketing aspect of how to make sites work for them, but now the legal aspects of ownership.