The cost of treating non-obstructive artery disease: $767,000. The cost of treating blocked arteries: $1 million. The cost of educating women to prevent heart disease: priceless. Treating a woman’s mild artery blockage could cost a quarter of a million dollars. And serious heart conditions? That’s going to cost about $1 million, according to a study in Circulation: Journal of the American Heart Association.
Nearly half of all small-business owners surveyed by KeyBank will delay retirement. Shawn Cole, district retail leader for Colorado, said a poll of 976 small-business owners showed contradictions between finances and retirement planning. Many small-business owners are putting most of their emphasis on the business and its immediate concerns, while tending to ignore long-term planning.
While Colorado is holding steady amid the nation’s economic turmoil, Jeff Thredgold, Vectra Bank Colorado’s corporate economist, anticipates some effect on the state’s small businesses as personal income growth weakens. Statewide job growth has hovered in the range of 2 percent to 2.5 percent for the past three years. Vectra’s Colorado Small Business Index registered 92.8 for February, up from a revised 90.1 during January.
“What we see with clients — in this case and in the past — is the tendency to under-react,” said Kurt Kofford, audit and consulting director of BiggsKofford P.C., during a recent roundtable discussion titled, “Navigating this Historical Financial Market Meltdown: How does this affect your business and what can you do about it?” If the economy doesn’t falter terribly, business owners still expect to get their market share.
The dreaded R-word is being bandied about these days by pundits, consumers and business owners, but is it really all that bad? Yes, and no. “People are terrified of recessions, but recessions aren’t what they used to be,” said Michael J. Swanson, senior economist at Wells Fargo Private Bank’s Focus 2008 panel discussion last week at the Fine Arts Center.
Anthony Fagnant, CEO of Qualtek Manufacturing Inc., led the roundtable discussion last week about business marketing that began with the acronym SWOT — strengths, weaknesses, opportunities and threats. He said that business owners should plug each piece of SWOT into suppliers, buyers, entry/exit barriers, substitutes and rivalry, when devising marketing strategies.
Questions about Layoffs and a medical campus dominated a public meeting yesterday about the future of Memorial Health System. Centura Health pledged $1.5 million a year for the medical school campus, and Memorial board chairman Jim Moore said he thought a new, independent nonprofit Memorial would match that money. That means that Colorado Springs would […]
A number of local breweries are crafting special batches of beer for the holidays. Arctic Craft Brewery, 2506 E. Platte Place, tapped its Christmas Ale on Nov. 22. The ale includes nutmeg and coriander and is available only at the brewery. Duane Lujan, brewer and beer ambassador at Rocky Mountain Brewery, 625 Paonia St., has created a chocolate stout using nitrogen for a thicker consistency. The chocolate stout is available at the brewery.
Online spending is expected to increase 17 percent this year, despite a sluggish economy. Retail sales online, excluding travel purchases, are expected to grow to $204 billion, compared to $174.5 billion during 2007. Online sales are fueled by sales of apparel, computers and automobiles, according to The State of Retailing Online 2008 study conducted by Forrester Research Inc. for Shop.org, the online arm of the National Retail Federation trade group.
The number of small group plans decreased in Colorado during 2007, according to the Colorado Division of Insurance’s annual small group activity report. While the report shows no significant increase or decrease in the number of people covered by small group insurance from 2006 to 2007, the number of plans decreased from 48,288 to 45,667.
As Donna O’Bryant likes to say, “100 percent of Americans know there’s a 50 percent chance their candidate won’t get elected.” By now, everyone knows whether or not his or her candidate of choice was elected. And if the person you voted for did not win — “take comfort in knowing there are a lot more moving parts in the White House than just who’s elected president,” said O’Bryant, a local financial adviser for Edward Jones.
The National Institutes of Health is establishing a multi-site research network to conduct clinical trials for common menopausal symptoms. The initiative, the Menopause Strategies: Finding Lasting Answers for Symptoms and Health, is being led by the National Institute on Aging in collaboration with the Eunice Kennedy Shriver National Institute of Child Health and Human Development, the National Center for Complementary and Alternative Medicine and the Office of Research on Women’s Health.