BizBuzz, Thursday, May 5

Sean Foster and a trio of other Colorado Mesa University students launch a Kickstarter campaign to raise money for their all-natural Asian hot sauce starting at 4 p.m. today at the Redlands Mesa clubhouse, 2325 W. Ridges Blvd.

Foster and fellow students Patrick Wall, Brandon Burton and Johnny Nitti want to raise $10,000 to cover the start-up costs for their new company, Rocky Mountain Sriracha.

Rocky Mountain Sriracha is a company that uses “only the highest quality, all-natural and organic ingredients to make a sauce without preservatives, and full of flavor,” Foster said. 

Many samples of the hot sauce, appetizers and adult beverages will be served at the launch party, where supporters can put their money where their mouth is by donating to the Kickstarter campaign.

Insurance, rent and commercial batch ingredients will take care of most of the $10,000. Ingredients include Fresno peppers, garlic, sea salt, agave nectar and white vinegar.

“We don’t use processed sugar,” Foster said. “That’s our appeal. The agave nectar is a good, unprocessed sweetener.”

Local entrepreneur Chris Becker proposed the recipe about two months ago and persuaded the quartet of students to take it up as a business proposition.

Becker continues to be involved in the effort, Foster said.

■ The new Sears Outlet store at Eastgate Shopping Center, 2830 North Ave., soft-opened in February but plans a big weekend for its official grand opening Friday and Saturday, store officials said.

The store hosts a local high school drum line to entertain customers Friday and brings the people and their protectors together on Saturday as part of the festivities, store officials said.

Law enforcement and fire protection officials will be on hand to meet the public and “show off their cool gear,” a store spokesman said.

The store carries scratched, dinged and overstocked merchandise from other locations. The items are generally discounted anywhere from 20 percent to 60 percent off regular retail value, the spokesman said.

“Most of the discount is based not on damage, but on how long the item sits on the shelf,” he said.

Most of the damage is cosmetic. All the merchandise is inspected and approved by Sears technicians. 

The damage could be a ding on the side of a fridge or a scratch from being dropped in the box. Cosmetic damage aside, it all operates according to specifications, the spokesman said.

Uptown Again, a favorite consignment store of many local residents, is changing locations from its current space at 588 25 Road to 524 Colorado St. starting June 2. Uptown is moving into the space formerly occupied by Planet Earth, a spokeswoman for the store said.

“Told you we had big news to tell,” the store’s Facebook page announced. “Keep watching, we will keep giving updates.”

The shop takes gently used clothing, accessories, housewares, furniture, and other items in exchange for cash when they sell. Consignment clothing made by top designers like Gucci, Coach, Ralph Lauren, Prada, Rock & Republic, Chanel, J. Crew, Banana Republic, and others is the store’s specialty.

QuickBooks can be helpful financial software for small business owners, but only if they know how to use it properly. Many do not.

The Business Incubator is offering a class on “How to Avoid Common Pitfalls and Maximize Your Time” using QuickBooks.

Some business owners don’t know what to send a bookkeeper or adviser at year’s end or why. Other’s don’t know how to match a trial balance to the previous year’s tax return.

A class designed for small business owners who could use a refresher on how to review balance sheets, profit and loss statements, inventory, general ledgers, and more is scheduled starting at 1:30 p.m. May 27 at the center.

Instructor Deb Smith, a QuickBooks Pro Advisor, will help answer questions and maximize time spent using QuickBooks. Cost of the class is $50.

Do you know about an area business opening, closing, moving or changing? Email .(JavaScript must be enabled to view this email address).


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