
Business


How ready are you to do what’s needed to grow your company?
Many are the business owners, CEOs and entrepreneurs who say their main focus is on growth. They want to increase revenues and profits and expand their client base, and they
Facey moving its Canyon Country clinic to new building
Facey Medical Group is moving its Canyon Country medical offices to a new building on Soledad Canyon Road. The two-story, 37,000-square foot building at the corner of Mammoth Lane is

Local author helps teens learn how to handle their money
The mechanics of money are easy, according to the author of a new book for teens and young adults. The “money mindset” is where things get complicated, said Patti Handy,

Writers Guild, producers avert strike
The Writers Guild of America reached a tentative agreement early Tuesday on a new three-year contract with the major film and TV studios. “We’re thrilled that the cameras will continue
California United Bank bought by Pacific Western
In a union of two Los Angeles-based regional banks announed last month, PacWest Bancorp last month announced the purchase of CU Bancorp, corporate parent of California United Bank. California United,

Big Oaks Lodge is on the market
Big Oaks Lodge, on twisting Bouquet Canyon Road, is on the market. The lodge was established in 1980 as a boxing training camp, and now is the site of The

Wesco Aircraft names new CEO and COO
Wesco Aircraft Holdings, Inc., provider of supply chain management services to the aerospace industry, named Todd Renehan as Chief Executive Officer and Alex Murray as President and Chief Operating Officer. Renehan has

Volunteer work that pays: McDonald’s works with local nonprofits
“Paid volunteers” may seem a contradiction in terms, but not for some local McDonald’s employees and four local non-profit organizations. The hamburger outlet on Soledad Canyon Road in Canyon Country

Fleming, Schroeder win Women in Business awards
Cheri Fleming, co-owner of Valencia Acura, and Holly Schroeder, president and CEO of the Santa Clarita Valley Economic Development Corp., were honored Wednesday at the San Fernando Valley Business Journal’s

On Business & Life: How to build better managers
Papa John’s Pizza has a saying that they use in their marketing: Better Ingredients, Better Pizza. Chances are, you aren’t in the pizza business. You’re in the business of creating

SCV Business Journal, May 2017

Real estate talk: How to avoid becoming a victim of fraud
An excited prospective renter puts down $3,000 as a security deposit toward the perfect apartment. The money vanishes. The rental deposit has been stolen by a scammer. An elderly couple

Facey moving its Canyon Country clinic to new building
Facey Medical Group is moving its Canyon Country medical offices to a new building on Soledad Canyon Road scheduled to open in the summer of 2018. Construction has begun on

FivePoint’s IPO could raise $522 million
FivePoint Holdings, developer of Newhall Ranch, could raise nearly $522 million in an initial public offering, according to an amended prospectus filed with the Securities and Exchange Commission Monday. The Aliso Viejo-based

On Business & Life: Three risks of relying on low-hanging fruit
“Go after the low-hanging fruit.” Phrases that get overused as business metaphors as much as this one are worth a closer look, because they contain some essential truths. In essence,

Tech entrepreneur plans resort at former Robinson Ranch
Sand Canyon Country Club, now open for golf, could include hotels and more by 2019. A year after buying Robinson Ranch Golf Club, tech entrepreneur Steve Kim has renamed it

Federal judge imposes $40M fine on Princess Cruise Lines
A federal judge in Miami Wednesday ordered Princess Cruise Lines to pay a $40 million fine, the largest-ever federal penalty imposed for crimes involving deliberate vessel pollution. The fine penalizes Princess

It’s the Law: With leases, the questions you don’t ask will trip you up
By Carl Kanowsky This is the second installment of a three-part series. The Signal published part one on March 22, and part three will appear May 17. In last month’s

Struggling Romano’s Macaroni Grill closes only SCV outlet
Employees of Romano’s Macaroni Grill casual Italian restaurant in Valencia Marketplace on The Old Road in Stevenson Ranch came to work this morning to find that the restaurant has been