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  September 2007 - Volume 7, Number 1
 
HEALTHCARE
NO TIME TO WHINE
Why California Could Win on
Health Care Reform

The numbers are staggering. California businesses pay $86.2 billion per year for their employee health care benefits. And $14.7 billion of that is what Gov. Schwarzenegger calls a “hidden tax” due to the cost of the uninsured. That “hidden tax” amounts to $1,186 per insured family or $455 for an individual -- a huge impact on California businesses. Read Full Article
 
EXIT STRATEGY
SELLING YOUR COMPANY IN A HOT MARKET
When it comes to cashing out, these are the best of times and the worst of times for business owners.
Strategic and financial buyers alike are on the prowl for good businesses, and they have record quantities of capital in their wallets, not to mention access to plenty of leverage. They’re impatient; they’ll pay top dollar for a solid growth company. Read Full Article
 
LEISURE
CONTEMPORARY NOSTALGIA
Seasoned hotelier Thad Hyland doesn’t ever have to worry about speaking at a conference of Wall Street analysts, money managers or institutional investors who see the hospitality industry as a cash-flow cow. He’ll never get invited.
Hyland doesn’t believe in milking guests for extra profits by imposing a laundry list of fees and surcharges. As general manager of the family-owned, 82-year-old, 309-room Ojai Valley Inn & Spa near Santa Barbara, he says cooking up ways to nickel-and-dime guests already paying a healthy rate for their room isn’t only unhospitable; it’s a rip-off.
Read Full Article
 

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CALIFORNIA INC
Short Takes On State Business
 
SAVE THE SEALS
Northern fur seal pups along the coast have been struggling with a mysterious ailment, causing specialists at the Marine Mammal Center (MMC) in Sausalito to initiate fund-raising measures to help save them.
 
 
DEBUNKING RUMORS
It has become almost common knowledge: immigrant workers, willing to work for low wages, have brought down the pay levels of workers born in the United States.
 
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