The cost of healthcare benefits rose 11.2 percent in 2004, according to a survey of 3,000 companies conducted between January and May. The figures from the Kaiser Family Foundation and the Health Research and Educational Trust survey mark the fourth straight year of double-digit increases in health-benefit costs. Large and small businesses alike face complex choices in … [Read more...] about Factors to Consider When: Selecting the Right Health Plan
November 2004: Face to Face
Name: Doug Hunter Title: Corporate Assistant Vice President Company: Toll Brothers, Inc. Type of Business : Luxury homebuilder Location: Reno Years in Nevada: Previously 15 years, returned in 2003 after four years in Palm Springs, Calif. Years with Company: 4 Biggest Business Challenge: Toll Brothers has built an enviable reputation in its 37 years. But … [Read more...] about November 2004: Face to Face
November 2004: Nevada Briefs
Business Bank of Nevada Breaks Ground in North Las Vegas Developer Lyle Brennan is pictured with Monica Hall, vice president and branch manager of Business Bank, North Las Vegas Mayor Mike Montandon and John Guedry, president and CEO of Business Bank, in a groundbreaking ceremony for Business Bank’s first full-service branch in North Las Vegas. The 5,500-square-foot branch and … [Read more...] about November 2004: Nevada Briefs
Southern Nevada Homebuilders Forecast: Charting a Volatile Market
What’s ahead for the red-hot housing market in Southern Nevada? Now that housing prices seem to have peaked, are we heading for a crash? Or will the scarcity of land drive prices out of range for the average wage earner? On September 9, Tom McCormick, president of Astoria Homes, and Dennis Smith, president of Homebuilders Research, Inc., met with Nevada Business Journal … [Read more...] about Southern Nevada Homebuilders Forecast: Charting a Volatile Market
Nevada Department of Business & Industry: Provides Many Services Under One Roof
Question: What services does the Department of Business & Industry provide for Nevada citizens and businesses? Describing the Department of Business & Industry (B&I) is like trying to herd cats. The 16 agencies that comprise B&I are all over the spectrum in scope, authority, purpose and constituency. Insurance Division licenses and regulates all insurance … [Read more...] about Nevada Department of Business & Industry: Provides Many Services Under One Roof
Maintaining Your E-Image: Nine Tips to Better E-Mail Etiquette
Have you ever received an e-mail from a business associate that made you wonder what side of the bed he got up on? You probably suspected the tone conveyed was unintentional, but it still left you irritated. It seems that as our inboxes fill up, our e-mail etiquette goes down. Increasingly, we lack the time (and the patience) to craft well-thought-out, complete responses. The … [Read more...] about Maintaining Your E-Image: Nine Tips to Better E-Mail Etiquette
REMSA Provides Northern Nevada: With Emergency Services
Since its inception in 1986, REMSA (Regional Emergency Medical Services Authority) has dramatically improved the quality and responsiveness of emergency services in the Truckee Meadows and has put Reno on the map as the home of one of the nation’s highest-performing emergency medical services (EMS) systems. REMSA has grown from an agency of 50 employees in 1986 to more than … [Read more...] about REMSA Provides Northern Nevada: With Emergency Services
Managing Millions: Trusted Advisors Help Preserve Wealth
High net-worth individuals and business owners face a unique host of estate-planning challenges, along with wealth preservation issues. For families and business owners of means, concerns do not generally revolve around whether they will retire comfortably, educate their children or live the lifestyle they want. Instead, the wealthy fret about incurring tax liabilities, … [Read more...] about Managing Millions: Trusted Advisors Help Preserve Wealth
Banking On It
Local groups such as the Boys and Girls Club, 4-H, the senior center and Great Basin College benefit from the bank’s outreach efforts and financial support. It is also a key sponsor of the Elko County Fair and Livestock Show. "We really believe in giving back to the community and helping it grow," said Sullivan, who served for 10 years on the Advisory Board for Great Basin … [Read more...] about Banking On It
October 2004: Building Nevada Briefs
Panattoni Developing Commercial Condos in Reno Panattoni Development Co. is working on two office/industrial condo projects in Northern Nevada, which are scheduled for completion next year. Responding to the demand from clients for properties to purchase rather than lease, Panattoni broke ground in August on Creekside Corporate Center II at 980 Sandhill Road in the South … [Read more...] about October 2004: Building Nevada Briefs
MagnuM Opus: Changing to Keep Up with Market Trends
The CEO of MagnuM Opus can sum up his company’s philosophy in one simple sentence: "If MagnuM Opus is driven by the market and the market is changing, then so is MagnuM Opus." The privately held corporation was formed in 1997 by local development partners Michael A. Panciro, CEO, and his wife, Maranda S.J. Chen, president. As a resident of Nevada for over 30 years, Panciro has … [Read more...] about MagnuM Opus: Changing to Keep Up with Market Trends
October 2004: Business Indicators
After having experienced a few quarters of exhilarating economic news, the U.S. economy declared an intermission to strong growth. Sudden changes in oil-market conditions left users scrambling for supplies and reevaluating future availabilities. Geopolitical conditions likely to create new problems remain a concern. Oil prices, forecasted to be in the $30-a-barrel range for … [Read more...] about October 2004: Business Indicators
October 2004: Business Up Front
Shopping for Facts About Shopping Centers? The International Council of Shopping Centers (ICSC) recently released the following statistics about America’s retail marketplaces: The United States now has 46,990 shopping centers, 95 percent of which are open-air centers. Shopping centers accounted for $1.98 trillion in sales in 2003, 76 percent of all non-automotive retail … [Read more...] about October 2004: Business Up Front
Real Estate as an Engine of Growth: Our Votes Help Keep It Rolling
Office and industrial real estate are featured in two special supplements this month for the National Association of Industrial and Office Properties (NAIOP). Coupled with the cover story on retail development, this issue of Nevada Business Journal covers all three segments of the commercial real estate industry. As regular readers know, we also devote a separate section each … [Read more...] about Real Estate as an Engine of Growth: Our Votes Help Keep It Rolling
MightyWorks.com: Making A Mighty Difference
Non-profits are discovering more and more each day that bake sales, car washes and other traditional fundraising sources are simply not meeting budgetary requirements. These organizations are now turning to a new faith-based, fundraising network available through Reno-based MightyWorks.com. This Internet company is not only making a substantial difference for local Nevada … [Read more...] about MightyWorks.com: Making A Mighty Difference