Month: February 2016

The Appraiser’s Favorite Tool

Highest & Best Use Appraisers love to think of real estate in terms of Highest and Best Use, which is defined in The Appraisal of Real Estate, 14th Edition as “the reasonably probable use of property that results in the highest value.” Determining a Highest and Best use for a property is an essential and required step in the appraiser’s process of estimating market value. At its most basic level, highest and best use analysis is simply a formalized and orderly process for thinking about what a property could be, might be, should be, or will be now or...

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In the News Feb/March 2016

PUBLIC SAFETY 13th Annual Lynchburg Citizens Academy Accepting Applications Applications for the 13th Annual Lynchburg Citizens Academy are now being accepted through February 19. The Citizens Academy begins on March 3 and sessions will be held on consecutive Thursdays at 6:30 p.m. The Citizens Academy provides residents the opportunity to learn about City government through their free 12 session program. Register online or download the application at LOCAL MERGER Lynchburg Regional Chamber and Region 2000 Business and Economic Alliance Merge Lynchburg Regional Chamber and Region 2000 Business and Economic Alliance recently merged to become the Lynchburg Regional Business...

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Leader of the Month: Phillip C. Stone Feb/March 2016

Occupation: President, Sweet Briar College Hometown: Bassett, Va. What is the current atmosphere on campus? The mood of the campus is very positive. At the Opening Convocation in August, the faculty, staff, and students all gathered for the first time after the change in governance. The atmosphere at the assembly was electric. Everyone was excited not only because the school was open but because we knew we would all be making history. What is the state of the school today? The state of the College is good. Sweet Briar alumnae, through Saving Sweet Briar, delivered more than $12 million...

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Movers and Shakers Feb/March 2016

Rebecca Sturm-Clauser—New Director of Marketing & Membership at Retail Merchants Association of Lynchburg. Sturm-Clauser brings eight years of experience in business coaching to her new position. Looking ahead, she hopes to add more educational classes and open networking in addition to the organization’s traditional events. Mike Cook—Co-Founder and Chief Executive Officer of Strategic Referral Team. Cook is a Business Coach and Motivational Teacher who brings more than 20 years of experience in operating businesses to the organization. Tommy Doukas—Financial Advisor at MassMutual. He has partnered with Financial Designs in Forest, VA. With 20 years of financial services experience, Doukas plans to focus on expanding the Business Continuity and Success Planning division of the firm. Graham P. Evans—Recently named Assistant Vice President and Portfolio Manager I at Bank of the James. Evans joined Bank of the James as a teller in 2012. He holds a BS in Business from Radford University where he majored in Finance and minored in Economics. He is a member of Young Professionals of Central Virginia and serves as a member of the Volunteer Committee. Mike Garrison—Co-Founder and Chief Branding Officer of Strategic Referral Team. Garrison is a sales consultant, trainer, coach, author, and serial entrepreneur who brings more than 17 years of experience in running referral organizations to Strategic Referral Team. Jonathan C. Manson—Promoted to Vice President and Internal Audit Manager at Bank of the...

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Satisfaction & Joy Two Critical Components to Improving Job Performance

As business leaders, we are often told we should be primarily focused on the bottom line. Undoubtedly, the financial well-being of an organization is paramount to its competitive advantage and sustainability. However, many well-intentioned, successful business men and women are apt to wait until there is a negative impact to the financial documents or a noticeable issue with performance and productivity before identifying and implementing ways to improve its employees’ job satisfaction and joy. Therefore, it is often in an organization’s best interest to proactively address this issue. Research indicates that employees who are satisfied with their jobs are...

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Give Your Employees the Ultimate Benefit: Financial Independence

When the phrase “employee benefits” is mentioned it’s often in reference to group health insurance, pensions or a 401(k) match. In recent years, employee health and wellness programs have come into their own—mainly as a means to drive down healthcare and insurance costs. But there’s another type of wellness program sweeping the country, and it has nothing to do with counting calories or minutes on a treadmill. And no, it doesn’t come with a Fitbit. Financial Wellness Programs: Why They’re Needed Financial Wellness programs are a way for businesses of all sizes to allow their employees access to the...

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5 Things Virginia Employers Should Know About Garnishment Summons

If you own or manage a business, odds are that at some point a sheriff or process server will walk through your door and hand you a garnishment summons. A garnishment is the legal action which your employee’s creditor may use to claim funds that you, the employer, owe to the employee (salary or hourly wages, for example). The summons is a warning not to transfer those funds to the employee. Here are five steps aimed at giving employers in the greater Lynchburg area a general understanding of how to field a garnishment action against an employee. 1. Call...

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Editor’s Letter Feb/March 2016

Long hours. Little pay. Micromanagers who have been promoted beyond their ability. And that one coworker who just won’t… quit… talking. Bad jobs: We have all had them. Perhaps the only positive news about poor work environments is that they often make you appreciate good ones. I’ve been fortunate in my career to have had far more good jobs than unpleasant ones, but one of my all-time favorites was my 7-year run as editor of this magazine, as well as Lynchburg Living and other area publications. So when Jennifer Redmond, the current editor, asked me to fill in for her while she took a much-deserved maternity leave, I readily said “yes.” Jumping back in for this issue has been a pleasure, and I hope you enjoy reading this issue as much as I enjoyed working on it. In the spirit of celebrating great work environments in Central Virginia, we present our inaugural “Best Places to Work” issue. Featured are 20 employee-nominated companies that offer engaging environments. From employee appreciation to work perks and flexibility, you will find that many themes run throughout the awarded companies. Among them, nearly every single nomination said something to the effect of, “We are treated like family.” It appears that each of these businesses has learned that a satisfying, productive team begins with a sense of care and belonging. Flip to page 28 to...

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Fully Floored: Piedmont Floors Covers It All

Offering unique style, quality services, and total customer satisfaction are top goals at Piedmont Floors. Striving to provide customers with a positive flooring experience, Charles Snider, president and owner of Piedmont, says their showroom on Enterprise Drive in Forest is arranged by color and product to simplify the selection process, creating a customer-friendly atmosphere. Although carpet is their most common installation, Snider says they carry such a wide variety of decorative flooring options that is makes Piedmont “a total flooring supplier.” Piedmont Floors offers hardwood, carpet, vinyl, ceramic tile, marble floors, custom showers and bathrooms, as well as exclusive...

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5 Steps to a Healthier You

A new year is an opportunity for a fresh start. As the calendar flips to 2016, we can examine our lifestyles and make a few simple commitments to better dieting, exercise, and stress management. Fad diets come and go. This week’s bestseller is next week’s table prop. Wellness and healthy living boil down to a few timeless truths—good nutrition, exercise and avoiding unhealthy habits. Here are five steps to a healthier you: 1. Eat the right things. Start by making sure half of your dinner plate is filled with fresh fruits and vegetables. Fill one quarter with whole grains...

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Waste Not, Want Not

Waste Solutions Offers Affordable Recycling Pickup to Lynchburg Area Lynchburg-bred brothers Jason and Gordon Cudd are no strangers to entrepreneurship in the Hill City. As Gordon T. Construction Inc., they have been operating as contractors on area building projects for the past 20 years with great success. When the housing bubble popped and the housing market turned sour, however, their business took a hit and they began considering other, more sustainable forms of income. “I’ve always been interested in the trash and recycling industry—providing a service to fill a need,” Jason said, “[We] wanted to give an option for...

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Market at Main

Feb/Mar 2016 Let’s Do Lunch: Market at Main What to Expect: Classic comfort food with Southern inspiration What to Try: Take a step back in time and a step up in flavor by treating yourself and a colleague to lunch in the heart of Downtown Lynchburg. On the afternoon we stopped in, owner Rodney Taylor served up a Natural Bridge Zoo sandwich—so named for its incorporation of four meats and three cheeses. Finishing off this impressive sandwich was fresh red onion and a tangy herb mayo. We also tried The Cavalier, an eight-ounce Angus burger topped with cheddar, bacon,...

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Leading Lady: Shauna Parsons Feb/March 2016

Occupation: President, Evergreen Basement Systems Hometown: Appomattox, Va. What is your current job? I steer the ship. It’s my job to make sure that we know where we’re going and that my team has everything they need to get us there. That means trucks, tools, personnel, training, and confidence. It’s my job to make sure my team gets what they need to excel. Congratulations on winning the 2015 Athena award! What does this recognition mean to you? It means a lot to me. My business has received several awards over the years and I am proud of each one...

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