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Over the past five years, PurchasePro.com has gone from existing as only a visionary dream to being the host of the world’s largest business-to-business marketplace. Before the company’s emergence onto the scene, speed in the marketplace was sorely lacking in a majority of industries. While many companies had considered e-procurement, it was too expensive and time-consuming to … [Read more...] about The Leader in E-Procurement: PurchasePro.com Makes Purchasing Convenient

The Nevada Commission on Tourism (NCOT) was created in 1983 to enhance the competitive position of the state’s tourism industry by fostering an awareness of its scenic beauty, historic and cultural attractions and recreational opportunities. Chaired by the lieutenant governor, NCOT consists of eight commissioners appointed by the governor from the private sector and two … [Read more...] about Rural Grants Program: Spreading the Word About the “The Other Nevada”

At some point, most businesses need financing — for startup costs or during expansion, for purchases of facilities or equipment. There are traditional avenues of financing, tried and un-true methods — being financed by Mom and Dad or running up credit card debt — and new, high-tech methods. Financial experts suggest business owners start close to home for resources to finance … [Read more...] about Smart Ways to Finance Your Business: In the 21st Century

The state treasurer’s office is responsible for managing billions of dollars in financial transactions on behalf of the state and local governments, as well as administering a variety of programs including the Millennium Scholarship Program and the Prepaid College Tuition Program. In addition to these daily responsibilities, the office must also work closely each biennium with … [Read more...] about Looking Forward to New Duties: Legislation Affects Role of State Treasurer

As businesses around the world become more high-tech, they are turning to contact center technology to maintain productivity and continued success. The trend in contact center technology emerges at a time when business executives are trying to increase their bottom line and facilitate the processes between employees and consumers. This trend has taken the traditional call … [Read more...] about Contact Center Technology: Taking Call Centers into the 21st Century

According to the National Venture Capital Association, "Venture capital and private equity firms are pools of capital, typically organized as limited partnerships that invest in companies that represent the opportunity for a high rate of return within five to seven years. The venture capitalist may look at several hundred investment opportunities before investing in only a few … [Read more...] about Crossing the T’s and Dotting the I’s: Step-by-Step Guide to Venture Capital

It’s 2 a.m. and your dry cough, fever and sore throat aren’t getting any better. You know you need help, but the thought of sitting in a local emergency room for hours to see a doctor sounds even less appealing than a sleepless night at home. No problem — just turn on your computer and log on to a cyber medical office called WorldDoc.com. This unique business venture allows a … [Read more...] about WorldDoc.com: Taking the Pain Out of Medical Questions

The national economy has been inching south for months and many dot-coms have turned to toast, but for Shari Chase, business has been heating up like a Nevada summer day — her Lake Tahoe-based real estate company reported more than $200 million in revenues last year. This year, Chase anticipates reaching a company record of $230 million. During the mid-1980s, Shari Chase … [Read more...] about Chase-ing Success in Lake Tahoe: Chase International Sells Luxury Homes

Advanced Concepts Team came to Las Vegas 13 years ago from Colorado to fulfill a short-term contract with Valley Bank. Its success in working with the bank, to help it reorganize and set strategic direction, led the bank to renew its contract for an additional five years. During this period, partners Mark Keays and Michael Mazzone of Advanced Concepts decided to make Las Vegas … [Read more...] about Advanced Concepts Team: Making the Most of Human Resources

With rising energy costs and a drought looming, Nevada’s $350 million agricultural industry may be facing tough times ahead. Although less than 2 percent of the state’s population is directly involved in agriculture, a hard year could have disastrous results for Nevada’s rural communities, which are already suffering from the decline in mining operations throughout the … [Read more...] about Agricultural Communities Face the Future: Drought and Energy Costs Cause Concern

"I’m sorry, where’s the bank?" Keith Cahill chuckles as he recalls the most common question of first-time customers when they enter one of his bank branches. Nevada is the test market for Occasio, a new kind of banking model for Washington Mutual, Inc. (NYSE:WM), the $220 billion banking company headquartered in Seattle. Banking is one of the more traditional businesses in how … [Read more...] about Washington Mutual Customers Ask:“Where’s the Bank?”

In a rapidly growing city such as Las Vegas, there are many opportunities for a construction company that can create buildings to clients’ specifications at a desirable cost. For Las Vegas-based SR Construction, a new trend called design/build has proved successful. Established in 1991, SR Construction’s goals involve providing a higher degree of quality and greater level of … [Read more...] about SR Construction: Promoting the Benefits of Design/Build

Nevada Business Journal now offers two ways to rank our state’s businesses — Ranking Nevada. In addition to our TopRank Nevada Book of Lists, we are publishing Nevada’s Choice: The Best of Nevada Business. In this issue, we begin this valuable new service, not only for our readers, but for people across the nation interested in learning about the best companies in our state. In … [Read more...] about Introducing: Nevada’s Choice: The Best of Nevada Business

Nevada isn’t called the "Silver State" because of the color of its ubiquitous sagebrush but because its statehood was purchased with silver mined in the famous Comstock Lode, discovered in 1859. Nevada became a state in 1864 partly because the federal government realized that the area’s great mineral wealth could aid the Union cause. Since then, mining’s impact on Nevada’s … [Read more...] about Gold Country Nevada: End of the Renaissance?

If you are the child of a business owner, you will most likely find yourself dealing with succession planning issues sooner or later. In fact, if your parents haven’t volunteered to discuss this with you, chances are you will have to bring up the subject. When you do discuss the subject, expect to meet some resistance and prepare to be patient. This is an emotional issue for … [Read more...] about Business Succession Planning: A Family Affair