We Are Blessed to Live in America Today

Lyle Brennan

During the 2012 presidential campaign, both major parties competed to see who could paint the most negative picture of this country’s economy, society and future. This gave them a chance to blame their political enemies for the sorry state of affairs and show how their candidate was the only one who could pull us back from the brink of disaster. After months and months of … [Read more...]

Economic Development: Critical to Nevada

Economic Development: Critical to Nevada

When it comes to Nevada’s future, economic development is critical. Over the last 12 months, The Silver State has made strides on this front. Among other accomplishments, the Governor’s Office of Economic Development (GOED) hired a leader in November 2011. This spring Gov. Brian Sandoval released “Moving Nevada Forward: A Plan for Excellence in Economic Development … [Read more...]

The Office Environment Evolves: Changing the Rules of the Workplace

The Office Environment Evolves: Changing the Rules of the Workplace

Given the organic changes taking place in business, why would anyone suppose that office environments would stay the same? In fact, they aren’t. Office evolution -- cubicles and work stations that are smaller; more flexible spaces; more open common areas for collaboration and team work; a marked preference for natural light; greater use of green technology and building … [Read more...]

Industry Focus: Healthcare

Industry Focus: Healthcare in Nevada

The healthcare industry continues to experience unprecedented change. With various requirements of the Affordable Healthcare Act coming online, the next few years will be a game-changer for the industry. Recently, executives representing healthcare in Nevada met at the Las Vegas offices of City National Bank to discuss these changes and the future of healthcare in the Silver … [Read more...]

Cash Flow & Collections: Making Accounts Receivable Perform for Your Business

Cash Flow & Collections: Making Accounts Receivable Perform for Your Business

Nobody likes to talk about money. Most of us were raised to feel it’s uncouth. For polite society, that’s not such a bad guideline. But for businesses trying to maintain the bottom line, talking about money is a necessity – as is asking for it from clients and making certain it gets paid. In the wake of the economic downturn, collections agencies are seeing fewer accounts … [Read more...]

January 2013: Around the State

Around-the-State: Nevada

Home Prices Rising in Las Vegas According to recent statistics from the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices increased again in November. The median price of single-family homes sold was $146,000, up 4.3 percent from the $140,000 in October and up 16.8 percent from the same period last year. Alternatively, in November, home sales went … [Read more...]

Joseph R. Ganley: Hutchison & Steffen

Joseph R. Ganley, Hutchison & Steffen

Senior Partner Las Vegas Where is the greatest demand for legal services? Trust and estate litigation. Because of aging Baby Boomers and changes in tax laws, vast amounts of wealth are being transferred through these legal vehicles, and with those transfers come disputes. This area of practice is quickly becoming our busiest. We have a full team of lawyers who work on … [Read more...]

Valerie J. Cooney: Volunteer Attorneys for Rural Nevadans

Valerie J. Cooney, Volunteer Attorneys for Rural Nevadans

Executive Director Carson City How did you first get into your profession? My father was an attorney in a small town in Northern California. I did not consider a career in law as I was growing up, but I knew I liked helping others. I spent several years after college working in various casinos in Lake Tahoe. In 1980, I felt the need to do something meaningful, so I … [Read more...]

John P. Desmond: Gordon Silver

John P. Desmond, Gordon Silver

Shareholder Reno What do you like most and least about your industry? My favorite part of our industry is being creative in trying to help solve problems for businesses that find themselves in a dispute. Litigation is very stressful and time consuming for businesses and getting problems resolved quickly is almost always in everyone’s best interest. My least favorite … [Read more...]

Why It’s Morally Wrong to Expand Medicaid: Government should protect property, not redistribute it

Why is stealing wrong? Is it wrong because it’s illegal? Or is stealing wrong because individuals have a God-given or natural right to their own property? To some people, that’s like asking, “Which came first: the chicken or the egg?” — in other words, they think the answer is unknowable. But there’s an essential difference here: Unlike the chicken-and-egg question, we … [Read more...]

The Unintended Franchise: If It Quacks Like A Duck . . .

Are you operating a franchise system without realizing it? If you are licensing to others the right to use your trademark for a fee, the answer could be yes. Under both federal and some state laws, a business relationship may be a franchise -- even if neither of the parties intended to create one. At the federal level, the Federal Trade Commission (“FTC”) is the body that … [Read more...]

Retail Summary: Third Quarter 2012

Nevada Commercial Real Estate Report: Third Quarter 2012

Las Vegas While the vacancy rate in the Las Vegas retail sector remains elevated, it posted both consecutive-quarterly and annual declines during the third quarter of 2012. The market reported a vacancy rate of 10.2 percent during the third quarter, down 0.3 percentage points when compared to the prior quarter (Q2 2012). Compared to a year ago (Q3 2011), the vacancy rate … [Read more...]

January 2013: Business Indicators

Business Indicators for U.S., Nevada, Las Vegas, and Reno economies

The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.7 percent, up from the previous estimate of 2.0 percent. Most of the improvement can be attributed to a higher rate of inventory accumulation than previously estimated. U.S. nonfarm employment continues to rise, gaining 146,000 … [Read more...]

What is your hope for 2013?

Nevada Business Magazine - The Last Word - January 2013

“My hope for 2013 is that we find a way to reduce the stigma of HIV/AIDS across the nation so that we may better combat this terrible disease.” Lea Carrasco-Zanini • Executive Director, Golden Rainbow - - “My hope is our company continues to grow and receives a television network deal to further our brand and athlete exposure. I also want to continue giving back to the … [Read more...]