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Show Due to strain of national recession Davis Co. businesses face cutbacks By JAMS STUART """ Clipper Correspondent L I Davis County businesses are being faced with having to find new markets or make cutbacks to reduce overhead due to the strain of a national recession. : The national economy has taken its toll on Utah's economy. Before making any business decisions, it is important that business owners and operators be aware of services available through the State of Utah Division of Business and Economic Development. "Utah is a state of small businesses," emphasized em-phasized Stan Parrish, executive director of the Utah Department of Community and Economic Development. . "Many of these businesses have been focusing on the same markets since their inception. Most have been successful, but a recession has a way of drying up the 'old reliable' markets. We want to encourage Utah businesses to consider marketing to the biggest buyer in the world, the United States government, and to an evergrowing ever-growing international market," said Parrish. There are two state-funded programs that can assist eligible business in Davis County, the Office Of-fice of International Business Development and the Utah Procurement Outreach Program. "If Utah and the United States are going to be economically healthy, they've got to be participants par-ticipants in the international marketplace ' claimed J. Ralph Atkin, co-director of the Division Divi-sion of Business and Economic Development. "Utah businesses have a great deal to offer the international market place and our overseas offices of-fices can help these businesses achieve success there." Businesses wishing to explore the possibility of doing business with the federal government, or large commercial entities should call the Utah Procurement Outreach Program at 538-8700. Equally important to expansion is the creation of new jobs in this area. It is understandable that economic development services that bring "new" jobs to local areas are given a great deal of attention. In these cases hundreds of new jobs are often created in one dramatic announcement. Not as dramatic, but just as important, are the jobs that are saved, or created by existing businesses. busi-nesses. Existing Utah businesses create new jobs at a rate normally at least 10 to one over new businesses. Davis County businesses may contact Russell Behrmann, director of Communication for the Utah Department of Community and Economic Development, 538-8700 for information and inquiries in-quiries about local areas of expansion. |