Owning your own office is a growing trend in Las Vegas among small business owners, doctors, dentists and lawyers. According to Jessica Willett, senior research coordinator in the Las Vegas office of CB Richard Ellis, there are currently 675,000 square feet of the so-called “office condos,” with 735,000 square feet under construction and another 617,000 square feet … [Read more...] about Tradewinds Construction: Easing the Burden of Tenant Improvements
Archives for August 2007
August 2007: Building Nevada Briefs
New Retail Center Opens in North Las Vegas The first large-scale, commercial retail project within the redevelopment area of downtown North Las Vegas, Cheyenne Point, recently had its grand opening. The retail center is a result of a public-private partnership between Montecito Companies and the city of North Las Vegas Redevelopment Agency. The $30 million, 95,000-square-foot … [Read more...] about August 2007: Building Nevada Briefs
August 2007: Business Indicators
Nevada indicators continue to soften, a reflection of rebalancing in housing construction and slower spending for consumer durables. Nevada April taxable sales is down in the short-run (compared with the previous month) and the trend (same month year ago). Still, job growth continues to trend up, suggesting expansion at slower rates. The picture in Las Vegas and Reno looks … [Read more...] about August 2007: Business Indicators
You’re defined by the company you keep…
As the father of five teenage daughters (and that’s only half our children), this old saying is just one of the many tools I find myself using to direct our girls (and trust me, I need all the tools I can get). Defining yourself by the company you keep also holds true in the business world. It’s important to know your market in any business, and it is especially true in the … [Read more...] about You’re defined by the company you keep…
Hiring Beyond Qualifications: Six Questions to Assist in Hiring Good Character
Hiring new employees has one of the greatest impacts on a small business. Typical interviews focus on qualifications and how well individuals present themselves. However, the most important quality is good character. Hiring decisions usually come down to intuition about the applicant’s character. Unfortunately, those who perform well in interviews don’t always have the best … [Read more...] about Hiring Beyond Qualifications: Six Questions to Assist in Hiring Good Character
High-Rise Construction: The Changing Nevada Skyline
When Nevada Business Journal published its first high-rise article two years ago, there were more than 100 high-rise condo projects slated for Southern Nevada alone. In response to a more stringent market, modified building conditions and a need for capital, a good number of the 100-plus projects have been delayed or cancelled, including W Hotel, Charlie Palmer Hotel, … [Read more...] about High-Rise Construction: The Changing Nevada Skyline
Industry Focus: Telecommunications
Recently, industry experts sat down at Cili in Las Vegas to discuss Nevada’s telecommunications industry, including new legislation, workforce issues, competition and changing technology. Connie Brennan, publisher of Nevada Business Journal, served as the moderator for the event as part of the magazine’s monthly Industry Focus series, which brings industry leaders together to … [Read more...] about Industry Focus: Telecommunications
What To Do When You Need Emergency Money: Evaluate Your Funding Options
It happens to the best of us. When you least expect it, you lose your job, or the car’s transmission fails, or your dog requires surgery. In the best case scenario, you have an emergency fund set aside for unexpected disasters like these. If you don’t and you need to raise money quickly, according to the Nevada Society of CPAs, you can pursue two main courses of action. First, … [Read more...] about What To Do When You Need Emergency Money: Evaluate Your Funding Options
Exit Interviews: What They Can Tell You
Organizations typically expend a great deal of resources to attract, hire and retain personnel who posses the knowledge and skills key to a position. Furthermore, each individual must be well-suited to the organization as a whole. In many cases, however, a new employee just doesn’t fit. Additionally, organizations often lose long-term employees for no apparent reason. The … [Read more...] about Exit Interviews: What They Can Tell You
Service1st Bank of Nevada: Making Its Own Investment in Technology
In the '90's having access to your checking and savings accounts via the Internet was practically unheard of. Today, nearly all banking institutions provide customers 24/7 access to checking and savings accounts in order to stay competitive. So what’s the next tech step for banks – particularly business banks? Total bank automation. In January, Service1st Bank of Nevada … [Read more...] about Service1st Bank of Nevada: Making Its Own Investment in Technology
View from the Top: A Look at Nevada’s Largest Commercial Projects
Nevada’s population growth and its bullish business climate has resulted in a statewide building industry with nearly $9 billion worth of construction spending in 2007, reported McGraw-Hill. Construction is the state’s second largest and fastest growing employer, reveals the Nevada Department of Employment, Training and Rehabilitation (DETR). The industry is responsible for … [Read more...] about View from the Top: A Look at Nevada’s Largest Commercial Projects
August 2007: Business Up Front
Complying With New Tax Rules On Jan. 1, 2005, new rules for nonqualified deferred compensation plans under Internal Revenue Code Sec. 409A went into effect. Grant Thornton LLP, a global accounting, tax and business advisory organization, offers seven suggested steps to help companies follow the new rules: • Identify arrangements that provide for a deferral of … [Read more...] about August 2007: Business Up Front
Three Square: Working to End Hunger in Las Vegas
Watching local television one evening, Eric Hilton, son of the late Conrad N. Hilton – founder of the Hilton hotel dynasty, was alarmed to see that a non-profit organization feeding Southern Nevadans in need had to close its doors for lack of funding. They were no longer able to prepare the 300,000 annual meals upon which so many people depended on. The next morning he called … [Read more...] about Three Square: Working to End Hunger in Las Vegas
August 2007: Face to Face
Stephanie Sand Partner Stewart, Archibald & Barney, LLP Las Vegas Years in Nevada: 18 Years with Firm: 14 Type of business: Accountants and Consultants Biggest business challenge: Becoming the first female partner at our firm in a very male dominated industry. What do you enjoy most about your job? I love meeting with clients and learning about new … [Read more...] about August 2007: Face to Face
Nevada’s Most Respected CEO’s
Chuck Alvey. Curt Anderson. Frank Martin. Heather Murren. Doug Roberts. You may recognize some or all of these names and if you don’t, you should. They are Nevada’s Most Respected CEOs for 2007, as chosen by Nevada Business Journal’s readers. With countless nominations for the coveted most respected CEO honor, the NBJ editorial team carefully considered each candidate and … [Read more...] about Nevada’s Most Respected CEO’s