For Nevada consumers, there is no shortage of financial institutions to choose from. From national chartered banks with more than 100 branches to small state-chartered banks operating out of a single branch, financial institutions are opening and expanding faster than ever before. Over Saturation? But with the proliferation of so many financial institutions, the question … [Read more...] about Banking on Nevada: Trends and Technology Shape the State’s Banking Industry
Archives for May 2003
Voit Commercial Brokerage: Veteran Brokers Open New Office
Forecasting still more room for growth in Nevada, California-based Voit Commercial Brokerage set its sights on Southern Nevada last year and opened a. full-service brokerage firm in Las Vegas in late 2002. The new office specializes in sales and leasing of office, industrial and retail properties, as well as investment property sales. Longtime Las Vegans Kit Graski and Kevin … [Read more...] about Voit Commercial Brokerage: Veteran Brokers Open New Office
May 2003: Building Nevada Briefs
Groundbreaking was held this March for Ensign Federal Credit Union’s new 13,000-square-foot headquarters building. General contractor for the project, located at 1300 Warm Springs Road in Henderson, is NewGround Resource Inc. Pictured from left to right are credit union board members: Paul Winder, Jim Turner, Lynn Woodrum, Neal Waters, Diane Whitaker (president/CEO of the … [Read more...] about May 2003: Building Nevada Briefs
May 2003: Business Indicators
The national recession, which began in March 2001, has not ended, at least according to the customary assessment procedures. Under these procedures, a recession comes to an end when the recovery generates sustained increases in aggregate output and employment. So far, a growing U.S. economy, as reflected by an increase in GDP (gross domestic product) of 0.4 percent during the … [Read more...] about May 2003: Business Indicators
May 2003: Business Up Front
Empower Your Employees to be Mini-Marketers Linda Keefe is CEO of Shared Results, a business focused on helping companies get employees to care about their vision and develop a "unified entrepreneurial spirit." Keefe points out that employees are walking billboards for your business 24 hours a day, seven days a week. Empowering your employees can encourage them to become … [Read more...] about May 2003: Business Up Front
Nevada’s Budget Crisis: Fact or Fiction?
Publisher’s Note: In 18 years of publishing the NBJ, this is the first time I have yielded this space to a guest columnist. However, the tax issue is so critical to all Nevada businesses, I felt it necessary to provide Assemblyman Beers with a vehicle to get the message out. I would like to personally thank Mr. Beers for his willingness to address the issue and encourage the … [Read more...] about Nevada’s Budget Crisis: Fact or Fiction?
United Way of Southern Nevada: What Matters Most?
United Way of Southern Nevada is focused on what matters most – results. Investing in United Way is an essential strategy to improve lives and create sustained changes in our community’s human-care agendas. In addition to its traditional means of fundraising, which generates revenue allocated to more than 140 local health and human service programs, United Way is convening and … [Read more...] about United Way of Southern Nevada: What Matters Most?
May 2003: Face to Face
Name: Ferenc Szony Title: President/CEO Company: Sands Regent Corporation Type of business: Gaming/hospitality Location: Reno Years in Nevada: 36 years Years with Company: 5 Biggest Business Challenge: Operating a turn-around hotel casino company in the Northern Nevada tourism market and maintaining a level of confidence among our employees, lenders, … [Read more...] about May 2003: Face to Face
The Hispanic Factor: Population Trends Shaping La Nueva Nevada
Nevada is undergoing a revolution of business and commerce in the Silver State – a territory that once belonged to Mexico. Major streets in Reno, Las Vegas, Sparks or North Las Vegas as little as 20 years ago had eye-catching signs signifying a butcher shop, laundry, tire store, bakery and shoe store location, but now that those same streets have become thoroughfares in older, … [Read more...] about The Hispanic Factor: Population Trends Shaping La Nueva Nevada
Professional Employer Organizations: The Wave of the Future
You are a 21st-century business owner. You excel in your field. You understand your employees are a key to the success and growth of your business. You also realize you are not an expert in employee relations, employment law, payroll calculations or health insurance negotiations. You resent the fact that dealing with those issues takes away from the precious time you have to … [Read more...] about Professional Employer Organizations: The Wave of the Future
May 2003: Nevada Briefs
Ocean Spray Plant Sets Safety Record Ocean Spray Cranberries, one of America’s leading producers of juice products, has set a state record for the most consecutive hours worked with no recordable lost-time accidents. The plant recently passed the 1 million-hour mark for accident-free operations, which translates into 25,000 40-hour workweeks. Ocean Spray celebrated the … [Read more...] about May 2003: Nevada Briefs
Slow But Steady Growth: Predicted for Office Market
As the office real estate market begins to regain its footing after the major drop in September of 2001, many within the industry believe we are in the midst of a slow yet consistent upward trend. Although the current numbers seem to be improving at a snail-like pace, the improvement is there, according to the experts we interviewed. It might be hard to spot with the naked eye, … [Read more...] about Slow But Steady Growth: Predicted for Office Market
Fiscal Discipline Absent: From Administration’s Slick Ad Campaign
Recently, the president unveiled his proposed budget for the 2004 fiscal year. Each year, the budget is delivered to Congress in February, following the president’s outline of his plan in the annual State of the Union address. The period beginning with the State of the Union address and surrounding the release of the budget is traditionally associated with an intense lobbying … [Read more...] about Fiscal Discipline Absent: From Administration’s Slick Ad Campaign
May 2003: State the Issues
ISSUE: "Is Nevada’s system for determining prevailing wage rates fair to contractors and to the public?" The Prevailing Wage Law Serves Nevada Well By: Danny L. Thompson Workers in Nevada have been working under the prevailing wage law for more than 66 years, and for all these years it has proven to be a very important component in public works construction projects. … [Read more...] about May 2003: State the Issues
Industry Focus: Transportation – Keeping Nevada Moving
As part of Nevada Business Journal’s monthly Industry Outlook series, we invited representatives of Nevada’s transportation industry to meet at the Four Seasons Hotel to update our readers on their field, which affects all of us in our daily travels. The executives discussed large-scale projects and new technologies that will change the nature of transportation in our state, as … [Read more...] about Industry Focus: Transportation – Keeping Nevada Moving