The Emperor Has No Clothes: Businesses Must Speak Out on Governor’s Tax Plan!

So where are the organizations and businesses that came out so strongly committed to defeating the Gross Margins Tax?

Most of you remember the fable that tells of a leader who showed up naked, yet was so powerful that no one said a word. Our Governor has shown strong leadership during our state’s worst economic crisis and enjoys high ratings among Nevadans. However, his plan for imposing the highest tax in Nevada’s history leads me to believe he is either anti-business or simply doesn’t … [Read more...]

Around the State: March 2015

SolarCity Expands to Reno SolarCity, a rooftop solar power provider, has announced a move to statewide operations. In addition to the work the company already does in Southern Nevada, SolarCity will now serve Reno, Sparks and the Carson City area. The company plans to open a Reno operations center in April and expects to hire over 30 local staff in the next few … [Read more...]

Terrence Downey: Aliante Casino + Hotel + Spa

Meet Terrence Downey, the President and General Manager of Aliante Casino + Hotel + Spa.

President & General Manager North Las Vegas What do you want your legacy to be? Children and grandchildren who are honorable and productive members of society; business associates who remember me as a fair and trustworthy gentleman; and friends who cherish the time we spent together. What business advice would you give someone just … [Read more...]

M. Favil West: Foundation Assisting Seniors

Meet M. Favil West, President of The Foundation Assisting Seniors.

President Henderson How did you first get into your profession? I co-founded the Foundation Assisting Seniors, a nonprofit organization with the mission of improving the quality of life for the seniors in our community. When you were a kid, what did you want to be? From my earliest days, I am told that all I wanted to be was … [Read more...]

Jason Champagne: Trusted Dental Partners

Meet Jason Champagne, DDS CEO of Trusted Dental Partners.

CEO Reno What do you want your legacy to be? I would like my legacy to be that I embedded the right values and advocacy of responsible approach to business throughout our organization and the dental industry. When you were a kid, what did you want to be? Having a dentist for a father, it was always very clear that I had tremendous opportunity to follow in the family … [Read more...]

Office Summary: Fourth Quarter 2014

Southern Nevada The Las Vegas office sector reported positive net absorption for three consecutive quarters in 2014. By the end of the year, the office market vacancy rate was 23.6 percent. The latest vacancy rate is up 0.2 percentage points from the prior quarter, but it has declined 0.7 percentage points from a year ago. During the fourth quarter of 2014, One Summerlin … [Read more...]

Business Indicators: March 2015

Nevada Business Indicators: March 2015. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “advance” estimate for fourth quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, much lower than the 5.0 percent growth experienced during third quarter 2014. Personal consumption expenditures, nonresidential fixed investment, residential investment, changes in private inventories and state and local government spending made … [Read more...]

How Do You Know You Have the Right Employees?

Six Nevada executives share how they know that they have the right employees.

“When employees live and breathe your core values. When employees put the team, company and customer above themselves, that’s how you know you have the right people.” Kelsey Martin | Director of People and Culture, Bristlecone Holdings “You know you have the right employees when you can see that people are excited about what they do. When people enjoy their work they have … [Read more...]

Margin Tax Defeated? …Maybe Not

When we think we’ve seen it all, we get delivered another whammy! Do you remember all the commercials and reasons to defeat the ballot question seeking Nevadan’s approval for a Margin Tax?

When we think we’ve seen it all, we get delivered another whammy! Do you remember all the commercials and reasons to defeat the ballot question seeking Nevadan’s approval for a Margin Tax? How can we so soon forget the barrage of commercials and editorials aimed at defeating that measure? Heck, I wrote some of them myself. Fortunately, the measure was overwhelmingly defeated… … [Read more...]

Nevada’s Booming Technology Sector: Start ups Find a Home in Southern Nevada

Almost every major American city has claimed to be the burgeoning, “New Silicon Valley” at some point in the past decade. However, the vibrato concerning Southern Nevada may actually be true. Las Vegas is stepping up its game for tech and startups. Since the recession, the name of the new game in Las Vegas has been business diversification. Nowhere is that reality more … [Read more...]

Around the State: February 2015

Read business news from around the state for February 2015

Reno-Tahoe Airport Announces Daily Route to New York The Reno-Tahoe Airport Authority recently announced a non-stop daily service between New York and Reno on JetBlue Airlines. The route will begin May 28th of this year and is the first ever daily, non-stop service between Reno-Tahoe and the John F. Kennedy International Airport. Hometown Health Purchases OneHealth … [Read more...]

Retiring in the Lap of Taxpayer-Funded Luxury

How pensions in Nevada are often better than paychecks Know a public employee in Nevada who is looking for a pay raise? Tell him to retire. According to a new analysis made possible by the court-ordered release of Nevada’s Public Employee Retirement System payment records, once-public employees in the Silver State are making golden pensions — so generous that their … [Read more...]

Jeff Ehret: The PENTA Building Group

Meet Jeff Ehret, President and CEO The PENTA Building Group

President and CEO Las Vegas How did you first get into your profession? My father was a commercial contractor. He started bringing me to work on Saturdays when I was 5 years old. He let me ride to the jobs with his laborer foreman in a dump truck. I haven’t looked back since then. If you had to choose another profession, what would it … [Read more...]

Mark Estee: Reno Provisions

Meet Mark Estee, Owner and Chef of Reno Provisions.

Owner/Chef Reno When you were a kid, what did you want to be? I wanted to be a football player, then realized coaching was more in the cards. Then I wanted to be a drill sergeant in the Marines. But, that would require me to join the Marines and, back then, I was not the most dedicated person. This one is odd, I also wanted to be a … [Read more...]

David Marlon: Solutions Recovery, Inc.

Meet David Marlon, President of Solutions Recovery, Inc.

President Las Vegas How did you first get into your profession? After years of working at Health Plan of Nevada, I saw a need in my community for addiction recovery sources and knew that my calling was to help people struggling with substance abuse and addiction. What do you want your legacy to be? Substance abuse is the biggest … [Read more...]

Industrial Summary: Fourth Quarter

Southern Nevada The Las Vegas industrial market vacancy rate fell to 8.0 percent in the fourth quarter of 2014. The vacancy rate is down 3.6 percentage points from a year ago. Industrial vacancies have been in the single digits for three consecutive quarters with annual declines reported for 12 consecutive quarters. In addition, the vacancy rate has declined 9.0 percentage … [Read more...]

Business Indicators: February 2015

Nevada Business Indicators: February 2015. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “third” estimate for third quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 5 percent, higher than the 3.9 percent growth initially reported. In the revision, personal consumption expenditures and nonresidential fixed investment increased more than previously estimated. Residential investment, net exports, federal government spending, … [Read more...]

Are You Optimistic That Our Legislators Will Work Together This Session?

Six Nevada executives share whether or not they are optimistic that our legislators will work together this session.

“I am optimistic they will come together. Once the session commences, the realization usually sets in, that they were elected to do the people’s business and most understand that involves compromise.” Carole Vilardo | President, Nevada Taxpayers Association - “With internal leadership struggles appearing to now be behind us, policymakers can now get down to business and … [Read more...]