When Sun State Bank was acquired by Zions Bankcorporation and merged into Nevada State Bank in 1997, executive vice president Jackie DeLaney faced some major career choices. She had groomed herself for a CEO position throughout the course of her 27-year career. She could look for a rare executive-level banking position locally, or she could relocate. Or better yet, DeLaney … [Read more...] about A Woman’s Place is in the Bank: Jackie DeLaney Heads Sun West Bank
Archives for March 2001
Business Bank of Nevada held a grand opening in February of its 5,000-square-foot, full-service financial center in the Shaheen Business Park on College Parkway in Carson City. The bank had been conducting business at a 1,500-square-foot leased branch since entering the Carson City market in December 1999. The exterior of the bank-owned facility, which sits on 0.6 acres of … [Read more...] about Business Bank of Nevada: Completes Financial Center
Reno Advertising/PR Firm Reorganizes Nevada’s oldest advertising agency, formerly known as Bayer Brown Bauserman, has reorganized and taken on three more partners. The principals in the new firm, Bayer Bauserman & Company (shown here) are: Jim Bauserman, Josh Luke, Stephanie Clemo, Steven Aramini and Mark Bayer. The three new partners are all under the age of 30 — Aramini … [Read more...] about March 2001: Business Briefs
With this issue we introduce a new format. The format identifies recent growth rates, computed as the percentage change over the last two observations, and trend, computed as the percentage change for the latest period over the same period a year ago. We have added some new national indicators to round out our list of the most often watched indicators. In addition, we include a … [Read more...] about March 2001: Business Indicators
The Best of "Resumania" "Resumania" is a term coined by the staffing firm Robert Half International to describe errors made by job seekers on résumés, applications and cover letters. Although the bloopers are fun to read, the purpose of publishing them is to emphasize the importance of professionalism and proofreading in résumé preparation. The firm has been collecting amusing … [Read more...] about March 2001: Business Up Front
"Today’s manufacturing methods are very crude at the molecular level…It’s like trying to make things out of LEGO blocks with boxing gloves on your hands. Yes, you can push the LEGO blocks into great heaps and pile them up, but you can’t really snap them together the way you’d like. In the future, nanotechnology will let us take off the boxing gloves. We’ll be able to snap … [Read more...] about Nanotechnology: Doorway to a Dream World or A Nightmare?
Master plans and commercial properties expand and endure in Southern and Northern Nevada, but there’s more to the story than stucco, wood and paint. The success of such large developments is due, in part, to developers who decades ago took a gamble on the state’s growth. And while it may seem that Southern Nevada is expanding at a much faster pace than northern Nevada, it has … [Read more...] about Changing the Face of Nevada:
Name: Richard D. (Rick) Smith Title: President/CEO Company: RDS Associates, LLC Location: Las Vegas Type of Business: Commercial real estate development focusing on mixed-use business parks, including office, flex, industrial and support retail. Years in Nevada: 6 Years with Company: 2 Biggest Business Challenge: It’s a challenge to stay strategically … [Read more...] about March 2001: Face to Face
Ask hospital administrators about the biggest challenge currently facing Nevada’s hospitals and the reply is nearly unanimous — recruitment and retention of qualified nurses to staff their institutions. Indeed, according to a recent survey of 20 state hospitals conducted by the Nevada Hospital Association (NHA), a non-profit statewide advocacy group, hospitals are spending … [Read more...] about Treating Hospitals’ Growing Pains – Nursing Shortage Top Challenge for Hospital Administrators
The so-called nanny tax received a flurry of interest early in the Clinton administration when the president’s first choice for attorney general had to withdraw when her failure to pay payroll taxes for her household employee came to light. Since then, interest in the nanny tax has died down; however, the laws governing these taxes remain a real concern for those with household … [Read more...] about Nanny Taxes Complicate Having Household Help
When Nevada Business Journal set out to determine the most influential Nevadans of the century from 1900-1999, we polled a neutral panel of historians (see sidebar) and used their suggestions. Picking the most important person of each decade was sometimes difficult, since some people’s influence extended over many years, and some decades had several candidates competing for top … [Read more...] about Nevadans of the Century: Men and Women Who Shaped Our State
Nevada’s statutory scheme allows the state, or any governmental subdivision of the state, to show legal favoritism to contractors licensed in Nevada, provided they have been around long enough and paid enough taxes to get a certificate from the Contractors’ Board. It’s called "bidder preference," and it has trapped many an unsuspecting contractor. Some have argued (and lost) … [Read more...] about Building a Better Trap: Bidder Preference in Nevada Public Works
As California ski resorts at Squaw Valley and Northstar undertake major lodging, retail and entertainment expansions, Nevada’s stateline areas, on both North Shore and South, answer with enhanced visitor attractions of their own. South Lake Tahoe’s newly- opened, state-of-the-art gondola is the first project out of the chute, and has met with rave reviews. The 138-car system … [Read more...] about Tahoe Resorts Answer California’s Challenge
Nevada was born in the midst of the American Civil War. Our state motto reminds us we are "Battle Born". Internal warfare is part of our heritage. And every two years, we celebrate our birthright by convening legislative sessions and introducing bills designed to raise and spend taxes. Once again the 71st Session is filled with tax wars. Most readers will think first of the … [Read more...] about Tax Wars: Where Will This Year’s Battles Be Fought?
The Business: Fiestives Manufacturing Co., an operation based at 5220 Steptoe St. in Las Vegas. The company manufactures British Party Poppers, a device designed to entertain partygoers. The Players: The husband-and-wife team of Harry and Joyce Spriggs owns 90 percent of the company. Preferred shareholders have a 10 percent interest in the operation. The Background: … [Read more...] about Fiestives Manufacturing Company: Creating Party Favors Not All Fun & Games
Providing a retirement plan is becoming an important differentiating factor for business owners seeking to attract and retain high-quality employees. Right now, more than 1 million businesses with 100 or fewer employees offer a retirement plan, according to the U.S. Department of Labor, and once those businesses offered a plan, they found that 81 percent of their employees … [Read more...] about Use the Right Information to Choose a Retirement Plan
One of the best things we can give our children is an exceptional education, and there is no better insurance we can provide our future economy than exceptionally educated children. In a state like Nevada, where we have long relied heavily on one specific industry, it is vital that we educate our children in preparation for a new, diverse economy. That is why my priority in the … [Read more...] about EDUCATING TOMORROW’S WORKFORCE: THE KEY TO NEVADA’S SUCCESS
The high-end master-planned community of St. James’s Village is now a familiar and well-known landmark within the Truckee Meadows in Northern Nevada. If the name sounds familiar, it may be because National Land Corporation, St. James’s parent, also owns the St. James’s Club in Antigua, commercial holdings in Miami and residential property and timeshares in Oregon. Located at … [Read more...] about The Wilderness Next Door: St. James’s Village Answers Call of the Wild
Unemployment rates of 4 percent nationwide and near that or lower in Nevada (4.1 percent in Las Vegas and 3 percent in Reno) bode well for people actively looking for jobs. At the same time, the tight labor market brings up the question: what are businesses, which need employees to fill vacancies and expand, doing to compensate for the scarcity of available job-seekers? Many … [Read more...] about Looking for a Few Good Men (and Women): Staffing Firms Cope with the Tight Labor Market
Do small and medium-sized businesses really need a presence on the Internet? News from around the country shows that the Internet is not just for big companies anymore. Consider the case of the Kansas farmer’s wife who put up a Web site to sell tumbleweed. The bush, of course, is nothing but a nuisance in that part of the country, and she probably did it as a gag. However, the … [Read more...] about Is Your Business Ready for E-Commerce?