Community West Bank expanding into San Luis Obispo
Goleta-based Community West Bank plans to open a new branch in San Luis Obispo. Community West, which is owned by Community West Bancshares, looks to debut a full-service branch at 4464 Broad Street — its first in San Luis Obispo County. Its sixth tri-county location, pending approval from federal regulators, would open in the third Read More →
San Luis Obispo’s Digital West Networks acquires AdSmart
San Luis Obispo-based Digital West Networks has acquired AdSmart, a mobile advertising software platform. Digital West provides commercial-grade Internet connectivity, colocation and cloud services to businesses. “This strategic acquisition provides a much needed connection between infrastructure delivery and the direct business solutions we can provide on our network,” said Tim Williams, CEO of Digital West. Read More →
Calavo Growers’ fourth quarter earnings fall short
Santa Paula-based Calavo Growers missed analyst projections on its fourth-quarter earnings. Calavo Growers, which is known for its avocado production, reported on Dec. 29 a profit of 28 cents per share, missing Wall Street’s projection of 46 cents per share. Calavo Growers stock ended the day at $49.51 per share, down $1.14. The company posted Read More →
Santa Barbara’s Saks building sells for $15 million
The Saks OFF 5TH building in downtown Santa Barbara was sold to a private out-of-the-area investor for more than $15 million, Lee & Associates recently announced. The nearly 47,000-square-foot property at the corner of State and Carrillo streets represents a continuing trend of discount retailers snatching up valuable downtown space. Saks Fifth Avenue had been Read More →
State investigating conflict of interest allegation against Ventura planning commissioner
The state’s Fair Political Practices Commission has begun an investigation into city of Ventura Planning Commissioner Jane Farkas concerning conflict of interest allegations. Farkas recently voted on a proposal from Los Angeles-based developer Regent Properties to build 55 high-end, single-family homes along the Ventura hillside. She is also a project manager with Ventura-based Sespe, Read More →
Be honest and realize that it’s OK to say no to your business — really
By Ray Bowman I am often asked, “What does it take to grow a thriving business?” However, some of the more critical questions people should be asking — and often don’t — are, “How do I decide whether or not to grow or start a business?” and “Should I even start one in the first Read More →
Serve country by launching startup
By Michael Panesis Launching a startup in this country is an act of patriotism. I am certain of this, more so every day. That confidence starts with who I am. I am the grandchild of immigrants. That self-identification comes naturally because my parents and grandparents issued constant reminders throughout my childhood. My bedtime stories were Read More →
