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CDPHP Building ‘Reinvents The Patient Experience’ With Fireplaces, Natural Light

Posted onJune 17, 2021
This new CDPHP facility in Clifton Park has patient comfort in mind with an open floor plan with natural sunlight, fireplaces with modern furniture and even a cafe.
©2021 SaratogaPhotographer.com

By Jennifer Farnsworth

CDPHP has opened a new health care facility. Health care agencies have been adding offices in communities through the region in recent years. This one, at 1785 Route 9 in Clifton Park, is a bit different, CDPHP says.

“We truly are reinventing the patient experience within this building,” said Senior Vice President of Business Development Lisa Sasko.

The 40,000-square-foots facility is “vastly different from other locations in our market area,” according to Sasko.  She said the building was designed with wellness in mind for patients, physicians and staff. 

“We pulled elements from the hospitality industry and put a deep focus on customer service and healing.  We intend to delight customers and provide easy access to personalized care, and we want employees and physicians to love coming to work here,” she said.

The building has an open floor plan with natural sunlight, fireplaces with modern furniture as well as a cafe. There is a privacy room for nursing parents, electric vehicle charging stations in the parking lot and a children’s area.

There are currently five specialty practices operating out of the 1785 building including Albany ENT & Allergy Associates, Capital Cardiology Associates, Albany Gastroenterology Consultants, New York Nephrology and Fresenius Kidney Care. 

Additionally, it has ConnectRx, a full-service pharmacy, and a behavioral health practice available through their partner aptihealth, inc. There is also a CDPHP Customer Connect location within the building where patients can enroll in coverage, get answers to benefit questions, or make appointments on-site.

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Skilled Trade Labor Shortages Continue As Boomers Retire, Replacements Aren’t There

Posted onJune 17, 2021
Union leaders in the building trades are looking for ways to attract new workers.
©2021 SaratogaPhotographer.com

By Christine Graf

The nationwide skilled trade labor shortage has reached critical levels as baby boomers continue to retire. Baby boomers make up the majority of the skilled trade workforce, and there aren’t enough qualified younger workers to take their places, say people in the industry.

An estimated 31 million skilled trade workers retired in 2020, and many of those jobs remain unfilled. Sixty-two percent of companies report that they struggle to fill skilled trade labor positions.

“Ten thousand baby boomers are retiring every day. We have to bring in the next generation to fill those jobs,” said Dr. Jonathan Ashdown, dean of science, technology, engineering, and math at Hudson Valley Community College. “We’re doing everything we can at Hudson Valley to meet the demands for today in terms of helping to solve the skills gap issue.”

Local union representatives for International Brotherhood of Electrical Workers (IBEW) Local 236 in Albany and UA Plumbers and Steamfitters Local 773 in Glens Falls report that their apprentice programs are in high demand. Both unions have long waiting lists for their multiple-year programs.

According to Mike Martell, assistant business manager at IBEW Local 236, they typically have hundreds of applicants for the approximately 50 spots that are available in their apprenticeship program each year. Union apprenticeships are typically in high demand because union jobs offer above average pay and benefit packages. Local 236 apprentices earn a starting wage of more than $17 an hour and receive an excellent benefit package.

HVCC plans to build a new $65 million facility for skilled trades education. The proposed 130,000-square-foot Applied Technology Education Center (ATEC) will allow the college to expand its training of the skilled technical workforce. Although the college continues to expand capacity, long waiting lists remain for many of their most popular programs.

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Electricians In Region Say Work Is Plentiful, But Finding People For Jobs Is A Problem

Posted onJune 17, 2021
Electricians in the area have plenty of work, says, one in the industry.
©2021 SaratogaPhotographer.com

By Jill Nagy

Area businesses are taking different approaches to deal with a shortage of skilled workers in the building trades.

Mr. Electric of Queensbury runs ads year round on several online help wanted sites. Eastern Heating and Cooling has a well-established apprenticeship program in order to “grow our own.” 

Jim Curran Electric in Saratoga Springs is a situation where the owner was rescued by a son who, seeing his father “overwhelmed,” relocated from Virginia to join the company.

Electricians are busy. “There is an avalanche of work,” according to Fred Giardinelli of Eastern Heating and Cooling. “Nine out of ten companies will give you the same answer: it’s “almost impossible” to find qualified people. 

Curran reported that he is “too busy to train somebody in the proper way.”  Mr. Electric also is “extremely busy.”

Curran, for his part, has soured on the idea of trying to hire and train new people.

“I used to try to hire people,” he said, “but they were not skilled enough.” 

People hired as apprentices often did not show up. At the other end of the spectrum, “if they get too trained, they go out on their own.”

He has been on his own for most of his 33 years in business. Since March, his son Jeff, a licensed electrician in Virginia, has been working with him and will soon become a partner in the business. Jeff and two other sons all worked with him as kids, he recalled, but the other two are following other career paths.

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Ashley Cirelli Thrives After Changing Her Career Path And Joining Plumbers Union

Posted onJune 17, 2021
Ashley Cirelli and Bill Austin work at the training module at UA Plumbers and Steamfitters Local 773 in Queensbury.

By Christine Graf

Queensbury native Ashley Cirelli was working in the restaurant industry before joining the apprentice program at UA Plumbers and Steamfitters Local 773 in 2015. She is one of more than 450 members of the Queensbury-based union.

“I was working in the restaurant business, but there was no stability. You can make great money, but there’s no retirement or health insurance unless you get it on your own,” said Cirelli whose family has  owned several local restaurants including Cirelli’s Jam ‘n Eggs in South Glens Falls.

After learning about the excellent pay and benefit packages available to union apprentices, she decided to apply to the electrician apprentice program at UA Local 236 in Albany. Her plans changed after a chance meeting with Larry Bulman, director of legislative and political affairs for the United Association of Plumbers and Steamfitters, that took place at her parents’ restaurant.

After he told her about the career opportunities available to her as an apprentice at Local 773, she applied and was accepted into the program. In August 2015, she started working at GlobalFoundries as a union apprentice. For her, the job was a perfect fit.

“I’ve been very hands-on my entire life. I helped my dad fix cars when I was young, and I used to build computers” she said. “I always wanted to do something in the trades and almost got into the military. But in high school, I was always told you need to go to college no matter what.”

Cirelli did attend college for 18 months after graduating from high school in 2007. She took business management and marketing classed at SUNY Adirondack but never completed her degree.

Although there is an aptitude test that all apprentice program applicants must take, no special skills are required in order to get accepted into the program.

“You don’t have to have any mechanical inclination at all. Your schooling is hands-on training. They teach you from the very basics of how to turn a wrench all the way up to the advanced skills,” she said. “And as soon as you sign the paperwork, they get you working. You work five days a week for at least 40 hours a week, and you go to school three nights a week for five years.

“You are earning a living while going to school, and they are paying for the school. The only thing you have to pay for is union dues and books. Other than that, they pay for everything. ”

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Founder Of ‘Chimney Heroes’ Takes Business From Small Operation To Thriving Company

Posted onJune 17, 2021
Chimney Heroes, founded by Jamie Wallace, does business from Warrensburg to Albany.

By Christine Graf

After graduating  from University of Albany in 2005 with a degree in business administration, Waterford-native Jamie Wallace applied for a summer youth intern position at Grace Chapel in Jonesville.

“I thought it would be a fun way to spend my summer before I looked for full-time career after college,” said Wallace.

He enjoyed the job so much that he applied for a permanent position as the church’s youth pastor. Despite his lack of experience in ministry, he was hired with the condition that he agree to be mentored. At the time, he was working on Saturday’s for Clifton Park Chimney Maintenance, a company owned by Andy and Jill Looker. Wallace took the job to earn extra money to supplement his youth pastor’s salary.

“I did not even know chimney sweeps existed, so it was very new to me. But I really enjoyed it,” he said.

A year later, with encouragement from the Looker’s, Wallace left his job and started his own chimney sweep business.

“I decided to take a big leap of faith,” said Wallace. “A lot of people said I was crazy, but I went out on my own. My goal was to use the biblical principles I had learned and apply them to the business. And I was right.”

When Wallace started Chimney Heroes (originally named Saratoga Chimney Sweeps) in 2010, he relied on word of mouth, networking groups, and what he refers to as guerilla marketing to find “customers for life.”

“I was waking up at 5 a.m. and doing neighborhood flyers. It was slow going and it was hard, but it worked,” he said.

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Adirondack Office Of The Atrium Financial Group Moves To Downtown Glens Falls

Posted onJune 17, 2021
Sherry Finkel Murphy works in the new Atrium Financial Group offices.

by Andrea Harwood Palmer

Sherry Finkel Murphy, CFP, ChFC, RICP, private wealth advisor of The Atrium Financial Group, has relocated its downtown office to 11 South St. in Glens Falls.

“This endeavor has been several years in the making. It will be a huge benefit to clients and business owners,” said Finkel Murphy.

Finkel Murphy was looking for just the right space. Plans were delayed because of the COVID pandemic, but she found what she was looking for at the Empire Theatre Building. The space needed renovations for what Finkel Murphy had in mind.

“There is a dearth of office space in Glens Falls. I am very fond of the building. It is in the heart of Glens Falls, and in the heart of the new Glens Falls in the making,” said Finkel Murphy. “It’s a beautiful office space. Clients are stopping by frequently. It’s nice to give them a space locally so they don’t have to drive down to Albany,” she said.

“Establishing the Adirondack office of the Atrium Financial Group in downtown Glens Falls is a reflection on our commitment to the multiple generations of business in this community. And what an awesome community it is. It’s a great place to live, work and play simultaneously,” said Finkel Murphy.

She is the lead advisor  for the company in the Adirondacks. She also leads the Women’s Practice of the Atrium Financial Group. Of the firm’s six CFP  practitioners, three are women.

The Atrium Financial Group is headquartered in Albany and has 21 associates altogether.

The firm has many clients in the area. The establishment of a Glens Falls office is an opportunity to provide a superior level of service to those clients, she said.

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Business Report: Increase Value With Commercial Due Diligence

Posted onJune 17, 2021
Patrick Farrelly is a managing director with UHY Advisors.

By Patrick Farrelly

You are evaluating a target company that had higher than normal revenue growth in 2020. The target company presents you with a five-year forecast that maintains the above average growth experienced in 2020.

Is the target company’s spike in growth a one-time outlier event or is the growth sustainable? This is a common question many private equity firms currently face following a volatile 2020 business environment.

The answer to this question is critically important since it impacts the target company’s valuation and your firm’s return on investment.

The prior example highlights the importance of the buy-side due diligence process given the uncertainties in today’s market. In the past, your firm may have engaged a third party for only financial due diligence (or quality of earnings – Q of E). However, complementing your financial due diligence with commercial due diligence can help mitigate deal risk, increase return on investment, and improve deal structure and price.

What is commercial due diligence?

The goal of commercial due diligence is to assess the growth and profitability potential of your target company. Target companies’ future financial forecasts often project high growth and profitability over the buyer’s planned holding period. Commercial due diligence helps to validate the assumptions driving your target’s financial forecast.

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Business Report: Why You Should Pay Attention To Inflation

Posted onJune 17, 2021
Rick Schwerd, vice president, senior investment officer, Arrow Financial Corp.

By Rick Schwerd

There’s a lot of talk about inflation, but truly understanding its impact can help you plan for the long term. Let’s take a closer look. 

What is inflation?

Going back to basics, inflation is the increase in the average cost of goods and services over time. We see this at play in our daily lives. The cost of a loaf of bread in 1990 was 75 cents, $1.99 in 2000 and $2.99 in 2010. Inflation can be a positive or a negative. We all like to see inflation in our wages. It’s a different story at the gas pump or with our grocery bill.

Fast-rising inflation, or hyperinflation, can devastate an economy as money becomes less valuable, goods are hoarded or become scarce, and demand escalates prices. On the other hand, deflation is also a negative, as consumers are rewarded with lower prices for delaying purchases. Consumer demand drops and economic activity falls, creating a harmful downward spiral.

How is inflation measured?

The Consumer Price Index (CPI) is the most common measurement of inflation. Compiled by the Bureau of Labor Statistics, CPI tracks the change in the cost of consumer goods and services, such as vehicles, food and housing. One of the Federal Reserve’s mandates is to maintain stable prices. This has been defined as an average inflation rate of 2 percent annually.

How does inflation affect your savings and investments?

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Business Report: Everyday ABCs Of Leadership

Posted onJune 17, 2021
Wendy Waldron, the owner of Waldron Works, is a Professional EOS Implementer®.

By Wendy Waldron

As we build the new normal and reconstruct our economy, let’s take a moment to get back to the basics. Whether you are an owner, foreman, manager or director, there are three things that every leader needs to be doing to make the most of every day. Bring the ABCs to the jobsite.

A – Avoid Busy-ness.

“Quick, look busy, here comes the boss.” It’s so classic it’s almost a cartoon, and yet most of us fall into this trap of “busy-ness” on a regular basis. Is it enough to “keep the guys working?” Well, are they doing profitable work? What do you really know about an office worker’s “production” by walking by their desk? When so many switched to work from home, did you lose a sense of knowing what they were doing?

Do you know what drives the profit in your business? What key activities should be done each week and who is responsible for accomplishing those actions?

You need information now, not at the end of the quarter. Maintain a weekly scorecard listing the priority activities, the goal, and who is responsible for making them happen.

B – Boss Mode.

You are not leading a social group or choosing a restaurant for dinner. It’s important to make your expectations known. Imagine that you are coaching a basketball team. It’s your job to clarify the rules of the game. Do you really want all of the players running together in a pack playing offense and defense simultaneously? How can your team deliver if they don’t know exactly what’s expected?

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‘Winklepickers’ In Lake George Is A Shop That Has Gifts, Home Decor Items And More

Posted onJune 17, 2021
From left, Dave Dutra, Rachel Dutra, and Jeremy Iaquinto own and operate Winklepickers, a shop that has gifts, home decor, spices and more on Canada Street in Lake George.
Andrea Harwood Palmer

By Andrea Harwood Palmer

A new variety store, Winklepickers, has opened at 204 Canada Street, Suite 8, in Lake George.

The shop is owned and operated by Rachel and Dave Dutra, and Jeremy Iaquinto.

The Dutras also own and operate Rachel’s Spice Co. & Café in Glens Falls.

Iaquinto also owns Barn & Brick Co. in Queensbury, which features repurposed and newly built items for décor and collection.

The Winklepickers space, located at the end of the Village Mall in Lake George, was completely renovated. Iaquinto and Dave Dutra built everything in the shop. Most of the storage and display pieces are built from vintage cabinetry, ladders and other repurposed items.

The shop features a wall of jerky, local art, new and vintage home décor, Lake George souvenirs and gifts, and an exhaustive collection of teas and spices from Rachel’s Spice Co. The company is working on adding gourmet popcorn and gourmet popcorn spices.

Rachel Dutra said the name for the business was inspired by a particular type of shoe, called a winklepickers, worn in the 1950s by British rock and roll fans. The shoe was made popular by the Beatles.

Read More

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