Uncategorized

Several years ago, a large national company lost a number of its key executives in a helicopter accident on the way to a mountain ski slope. This highly-publicized tragedy and others like it across the nation have caused turmoil and loss to many companies large and small over the years. Of course, it is impossible to replace the lives that have been lost. However, it is very … [Read more...] about Key Person Life Insurance: Protecting Your Most Valuable Assets

Changes in technology, process and law are converging to enable the state controller to identify and collect debt owed the state by businesses and individuals. That debt – currently estimated at $132 million – would more than offset the $121.5 million revenue shortfall anticipated over the course of the 2001-2003 biennium. In 1997, a legislative audit report entitled … [Read more...] about Pursuing Debts Owed the State: Nevada Leverages Integrated System

On June 12, 2002, a group of banking and finance CEOs gathered at the Four Seasons Hotel in Las Vegas for a roundtable discussion of challenges and issues affecting their industry in Nevada. The roundtable was a part of Nevada Business Journal’s monthly Industry Outlook series. Those in attendance represented large and small banks, credit unions, financial advisors and … [Read more...] about Industry Focus: Banking and Finance

When Ron McMenemy and his partners took over NAI Horizon in Las Vegas last summer, they knew they wanted to take the company in a different direction, and so far the direction seems to be "up". Established in 1979 as Americana Better Homes & Gardens, the real estate company had established itself as a presence in both commercial and residential real estate in Southern … [Read more...] about New Owners, New Goals: NAI Horizon Sets Sights on Success

Patty Wade, Northern Nevada The economy and recent events have proven difficult for many industries —including commercial real estate. In some areas around the nation, such as the Bay Area, landlords have been forced to give away one full year of rent to attract businesses to projects that were once fully occupied. Stories such as these represent the effects the economy has … [Read more...] about Advice from the Experts: Predictions for Nevada’s Industrial Market

The anniversary of the terrorist attacks of Sept. 11, 2001 is fast approaching. The media is planning retrospectives reviewing the events and their impact, and rightfully so. It was a life-changing event for most Americans, even for those who had no friends or relatives directly affected by the attacks. It was a crossroads event in U.S. history that touched all of us in some … [Read more...] about A Year Older – A Little Wiser?

The Nevada Women’s Fund (NWF) was founded in 1982 by a group of concerned women who wanted the best for the women and children of Northern Nevada. "At that time, funding and programs necessary to meet the needs of women were woefully inadequate in addressing issues such as domestic violence, childcare and health services for low-income, single-parent families," said Judy … [Read more...] about Nevada Women’s Fund: Assisting Women and Children in Northern Nevada

Every company would like to expand rapidly and have an impressive growth chart to display on the wall during board meetings, But there is often more to expansion than meets the eye – a lesson made painfully clear by the dot-com bubble, which was fueled by firms that sacrificed profits on the altar of growth and ended up both very large and very overdrawn at the … [Read more...] about Smart Growth: Lessons from Nevada’s Fast-Growing Companies

Las Vegas: Conventions and a Whole Lot More Buffeted by the winds of war that have blown since Sept. 11 and losing much of its uniqueness in an America where casino gambling is fast becoming ubiquitous, Las Vegas continues to evolve toward a more diversified (and stratified) tourist appeal. The stratification is already evident in the advent of private, high-limit gambling … [Read more...] about Celine Saves Vegas: Conventions and Entertainment Key to Nevada’s Rebound

What motivates someone to file for political office? Is it a desire to give something back to the community? A feeling of wanting to make a difference? Perhaps a bit of ego? In many cases, the answer is all of the above. People want to help better their community, but the idea of having a political title like Senator or Commissioner is also extremely compelling. This year, … [Read more...] about Wanted: Public Officials – No Experience Necessary

A few years ago, Nevada surpassed Florida as the state having the highest per-capita senior (age 65 and older) population in the country. Many seniors have relocated for economic and lifestyle reasons, while others have done so to be geographically closer to their children and families. For those of us in the workforce and within the 45 to 59 age profile, the implications of … [Read more...] about A Workforce Wake-Up Call: Coping with Aging Parents

Twelve years ago, when I moved to Las Vegas, most residents believed that in order to see a qualified specialist, they had to travel out of state. However, since then, Southern Nevada has seen an influx of access to and availability of outstanding medical care because we have recruited the most talented, specialized, board-certified physicians from across the country. As chief … [Read more...] about The Medical Malpractice Crisis: A Personal Viewpoint

Just a little cash can make the difference between dreaming about starting a new business and making it a reality. Entrepreneurs who want to borrow a few thousand dollars may find that banks and other lenders are disinterested. The lenders consider small loans risky and not worth their while. A small California-based bank entered the Nevada lending arena in April with a plan to … [Read more...] about Funding Nevada’s Small Businesses: Innovative Bank Provides Small Loans

Are you experiencing delays on the construction jobsite in areas involving electricians, plumbers, heavy equipment operators, plumbers, pipe fitters, sheet metal workers, drywall installers, etc? A unique, nationally recognized project delivery system offered by the Management Assistance Partnership of Nevada (MAP) could dramatically reduce these delays, save you money and … [Read more...] about Management Assistance Partnership: Teaching “Lean Construction” Methods

This year Nevada Business Journal selected the "Best Places to Work" by asking members of the business community to nominate companies they felt were good employers. From that list, we selected the six top nominees based on responses to our questionnaire. We then interviewed a sampling of each nominee’s staff to see why these employees felt their workplaces were the … [Read more...] about Best Places to Work 2002: Employers Show Commitment and Concern