Look in the phone book under Black Mountain Community Bank and you’ll find one listing, one address. Unlike many banks in Southern Nevada, the Henderson bank doesn’t have branches on every business corner. But that doesn’t stop it from competing with larger financial institutions. "We probably have most, if not all of the business products that a Bank of America or a Wells … [Read more...] about Black Mountain Community Bank: Small Bank Maintains Competitive Edge
Archives for February 2005
NAI Horizon: Teaming Up to Build Success
NAI Horizon is counting on its team approach to commercial real estate to make it No. 1 in the Las Vegas market. The firm is expanding by increasing its staff from 38 to 50 agents and doubling the size of its office space, said President Mike Fitz-Gerald. NAI Horizon is moving this month from its quarters on Paradise Road to offices with 15,000 square feet of space in the … [Read more...] about NAI Horizon: Teaming Up to Build Success
February 2005: Building Nevada Briefs
Business Park Underway in Carson City Research Business Park, a 15-building complex, is being developed on the north end of Carson City near the new Super Wal-Mart. When the Highway 395 expansion is completed, it will have freeway frontage and highway access. Kevin Coleman, owner of California-based Net Development Company, K&S Properties is developing the project. The … [Read more...] about February 2005: Building Nevada Briefs
Engineering Nevada: The State of the Industry
Every industry has challenges, but these are the kind to have: more work than a firm can take on, and so much work firms can confidently turn it away. So much work, in fact, they can’t find enough trained, qualified people in the field. So much work that engineers – civil, structural, mechanical and electrical engineers – are in demand, making extremely good salaries. It’s good … [Read more...] about Engineering Nevada: The State of the Industry
February 2005: Business Indicators
Nevada continues to post robust rates of growth. Taxable sales, gaming revenue and air passenger volume grew at double-digit rates over year-ago levels. Moreover, these rates have held throughout 2004. It is hard to believe the expansion could be better. Therefore, it will be nearly impossible to sustain such rates of growth much longer, unfortunately. Still, though slower … [Read more...] about February 2005: Business Indicators
February 2005: Business Up Front
Don’t Let the Good Ones Get Away: Tips to Strengthen Staff Retention OfficeTeam, a staffing service specializing in highly skilled administrative professionals, offers the following suggestions for keeping valued employees who may have other job opportunities to consider: Reinforce your mission at every opportunity. Reminding employees of the bigger picture may provide … [Read more...] about February 2005: Business Up Front
Governor Guinn’s Tax Rebate Plan: Is It the Right Answer?
When Gov. Guinn called a press conference to propose that Nevadans get a rebate on their DMV fees because of a surplus in the state budget, the immediate reaction in most households was a happy one: "Oh boy! We’ll have an extra $300 to spend this summer." Now that we’ve had a little while to consider, this "answer" to the state’s situation only raises more questions. The … [Read more...] about Governor Guinn’s Tax Rebate Plan: Is It the Right Answer?
Education Collaborative of Washoe County: Linking Community and Schools
Northern Nevada businesses are making a daily impact on education in their community. Many Washoe County students have new computers and books, business and parent volunteers in their classrooms, and improved literacy and math curriculums. Their teachers are recycling binders and old letterhead, re-purposing office furniture and sparking children’s imaginations with leftover … [Read more...] about Education Collaborative of Washoe County: Linking Community and Schools
Buy Nevada Program Promotes: Nevada’s Products and Services
Hard as it is to imagine, over 97 percent of all businesses in the state of Nevada are classified as "small businesses," with less than $1 million a year in sales and fewer than 100 employees. What is even more impressive is that 96 percent of Nevada’s businesses have less than $500,000 in annual sales. With over 57,000 businesses in the state, small business is a big part of … [Read more...] about Buy Nevada Program Promotes: Nevada’s Products and Services
Industry Focus: Healthcare – What’s the Prescription for Nevada’s Ongoing Ills?
Healthcare professionals from hospitals, clinics, insurance providers and other segments of the market gathered at the Four Seasons Hotel on December 9, 2004 to discuss issues affecting healthcare in Nevada. The gathering was part of Nevada Business Journal’s Industry Outlook series. Connie Brennan, publisher of Nevada Business Journal, served as moderator for the roundtable, … [Read more...] about Industry Focus: Healthcare – What’s the Prescription for Nevada’s Ongoing Ills?
Who Will Be the Next Governor? Legislature May Hold the Answer
Property taxes, growth and water issues may dominate the day-to-day activities of the upcoming 2005 Nevada Legislature, but be sure not to miss the real show being played out on the Carson City stage. The actors will be setting the scene for November 2006 as each attempts to land the role of the next governor of Nevada. It’s shaping up to be quite a show. Thankfully, the … [Read more...] about Who Will Be the Next Governor? Legislature May Hold the Answer
Insurance: The First Order of Business
When it comes to insurance, what’s a business owner to do? As you weed through direct-mail offers delivered to your mailbox, drive past agencies that seem to pop up in every strip mall, and delete e-mail from potential insurers who "understand your needs," you begin to feel lightheaded. "How much coverage do I need? Do I need to supply workers’ comp insurance? Which carrier … [Read more...] about Insurance: The First Order of Business
Collecting on Receivables: An Important Part of Business Management
Two brothers woke up before dawn, went to the pineapple vendor downtown, picked up 50 pineapples for $50 and spent the day selling the pineapples for $1 each. They sold out the first day. The entrepreneurs counted up their receipts and realized they made no profit. The second day they purchased 100 pineapples for $1 each. They loaded the truck, sold each for $1 and at the end … [Read more...] about Collecting on Receivables: An Important Part of Business Management
February 2005: Nevada Briefs
NCED Reports $3.2 Billion Economic Impact The Nevada Commission on Economic Development (NCED) has released its 2003/2004 report to the governor and the Legislature. The report shows 143 companies moved or expanded to Nevada during the two-year period, creating 6,752 new jobs. NCED had an estimated impact of more than $3.2 billion for Nevada-based businesses. Its Global Trade … [Read more...] about February 2005: Nevada Briefs
Why Everyone Needs a Living Trust
Over dinner a few weeks ago, some friends asked me about the benefits of a living trust. When I finished my explanation, they stared at me in surprise and asked, "Then why doesn’t everyone have a living trust?" That’s a good question. The only answer I could think of was, "You can lead a horse to water, but you can’t make him drink." Actually, an individual’s failure to … [Read more...] about Why Everyone Needs a Living Trust