In Governor Brian Sandoval’s State of the State speech, he encouraged everyone to “shop Nevada first” and said Nevada should make “supporting private sector job creation a way of life for all government agencies.” I heartily endorse both these ideas, but the state has a long way to go to prove its support for homegrown businesses. For example, did you know that when Nevada … [Read more...] about Nevada Money Should Stay in Nevada: Time to Reform the Contracting Process
Archives for September 2012
The year is 2012 and it feels strange and a little uncomfortable to be considering minority-owned businesses. Twelve years into the 21st century, it seems there should no longer be a designation for minority-owned business – business should be business and everyone should be working together through the slowly recovering economy. Which is pretty much the case once a business … [Read more...] about Nevada’s Diverse Businesses: Minority-Owned Companies Thrive in the Silver State
In an economy where simply finding a job is an accomplishment in and of itself, being named one of the Best Companies to Work For is doubly impressive. With so many Nevadans seeking work, the following companies have recognized the value of their employees and go above and beyond to ensure they’re taken care of. While many businesses have had to cut employee benefits or … [Read more...] about Best Companies to Work for 2012
Mining in Nevada is one industry that has been thriving in recent economically tumultuous times. Even so, the industry is facing a myriad of issues from taxation to regulatory delays and public perception. Recently, executives representing various companies in the mining industry met at the Reno law offices of Holland & Hart to discuss these issues and what the future of … [Read more...] about Industry Focus: Mining
Nevada’s gaming industry today continues to recover, with some regions faring better than others. “Both Southern and Northern Nevada markets are struggling right now,” said John Farahi, CEO of Monarch Casino & Resort Inc., which owns Atlantis Casino Resort Spa, in Reno. State gaming revenue has been picking up slowly since it took about a $2.4 billion hit when the … [Read more...] about Gaming: Betting on a Comeback
With manufacturing suffering nationally along with the rest of American business, it is largely thriving here in Nevada. The engine has been a combination of factors – from legislative miscues in California and a strong Nevada workforce and overall business climate to the relatively low price of land and facilities, an available and affordable workforce, savvy strategy and … [Read more...] about Nevada Industry Excellence: Manufacturing
President Las Vegas Number of Employees: 38 Years in Nevada: 42 Years with Company: 18 How did you first get into your profession? It started in 1994 as a hobby, making solar screens in my backyard for my home and friends. From there, through word of mouth, it progressed into a business. Once the word had spread, I decided to change careers and chase my … [Read more...] about Steve Mevius: Polar Shades, Inc.
One of the favorite tools insurance companies use to deny a claim is to assert the insured failed to cooperate or somehow impeded the insurance company’s investigation. In order to avoid this potential pitfall, Nevada businesses must be aware of their contractual duties to cooperate. First-party insurance policies, that insure the policyholder’s own property as opposed to … [Read more...] about Nevada Business’ Duty to Cooperate in a First Party Insurance Claim
As Nevada’s children return to school this fall, many parents will again be frustrated, recognizing that their children will be relegated to sub-standard education. Parents who can’t afford to live in the wealthy neighborhoods that host the best public schools, and who can’t afford private-school tuition, will discover that the educational opportunities available to their … [Read more...] about Back to Schools You Wouldn’t Choose: Nevada parents have been left behind in the school-choice movement
Las Vegas The office sector witnessed an increase in vacancies for the fifth consecutive quarter. The vacancy rate reached 25.6 percent by the mid-point of 2012, up 0.4 percentage points over last quarter. Compared to the same period last year, the vacancy rate reported a more dramatic 1.3 percentage point increase. Approximately 128,000 square feet of new office space … [Read more...] about Office Summary: Second Quarter 2012
The U.S. economy continues to experience slowing growth. Second quarter data for U.S. real GDP show an annualized growth rate of 1.5 percent, lower than the annualized rate of 2.0 percent during first quarter 2012. Consumer spending drove most of the gains, but was much lower than in first quarter. Business fixed investment and residential investment also made smaller … [Read more...] about September 2012: Business Indicators
“Nevada’s economy will mirror that of the overall U.S. economy, in 2013. Our country is facing a challenging financial outlook with large (and growing) federal & state budget deficits, looming tax increases, and likely spending cuts on numerous domestic programs.” Brian D. Lawenda, M.D. • Clinical Director and Radiation Oncologist, 21st Century Oncology “Our community … [Read more...] about Will Nevada’s economy be better this time next year?