Nicknamed “Battle Born”, we Nevadans are an independent bunch and have a history of wanting to run our own lives. We don’t want government control, nor do we need it. Nevertheless, I’ve noticed a disturbing trend recently with more and more government infringing on basic rights they have no business being involved in. The recent coronavirus pandemic is just the latest excuse … [Read more...] about Loss of Common Sense
Archives for July 2020
New BeginningsReinventing Nevada’s Workforce After Shutdown
On March 20, Governor Sisolak ordered all nonessential businesses to close as Nevada followed shutdown orders, attempting to slow the spread of COVID-19. Overnight, the travel and tourism engine shutdown. For the first time ever, casinos closed their doors. During the first week of shutdown, nearly 3.3 million Americans filed for unemployment benefits. The … [Read more...] about New Beginnings
Industry FocusCPAs
Accountants are among the most respected professionals in Nevada for their expertise and steady guidance. As businesses face turbulent times, this industry is working hard to stay on top of changing tax laws and implications for businesses with some of the new grants and loans available. Recently, CPA executives from across the state came together for a virtual … [Read more...] about Industry Focus
CCIM: A New WorldNavigating Changing Times with CCIM
Without change, nothing grows. But unexpected, chaotic change in economic systems and business transactions causes uncertainty and lost opportunities. In uncertain times, people reach for touchstones, for information and for the guidance of experienced professionals in their own markets. Seasoned, professional CCIM designees possess the knowledge, stability and expertise to … [Read more...] about CCIM: A New World
Uncertain TimesMultifamily in Nevada
April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times
Around the StateJuly 2020
GOED Approves Workforce Development Program The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved a grant to the College of Southern Nevada (CSN) for an advanced manufacturing rapid response program. The grant is for $2 million and is expected to expand skilled training offerings in southern Nevada by expanding and accelerating the … [Read more...] about Around the State
Separation of Powers Should Matter in Times of Emergency Too
For the next several months, maybe even years, we will be hearing about the long-lasting effects of the “coronavirus shutdown.” There will be ongoing public debate over how Nevada “should” have responded to the global pandemic as we learn more about the virus and the consequences of shutting down an entire state for months on end. However, that debate somewhat misses the … [Read more...] about Separation of Powers Should Matter in Times of Emergency Too
Rob L. Smith
President, Montane Building Group, Inc. Type of Business: Construction ContractorBased: Reno, NVHails from: Simi Valley, CA Years Co. has been in Nevada: 8Years with Company in Nevada: 8Employees with Company: 13 What career advice would you give to your teenage self? I would tell myself, “Do not be afraid of stepping off the trail; you will find your way.” I would … [Read more...] about Rob L. Smith
What Is Unclaimed Property and Why Should You Care?
Most businesses, whether they know it or not, have the potential to generate unclaimed property and the associated obligations that come with it. What is Unclaimed Property? Unclaimed property is any financial asset that has been abandoned or unclaimed by the rightful owner for a specific period of time. Examples include: Bank accounts and contents of safe deposit … [Read more...] about What Is Unclaimed Property and Why Should You Care?
Commercial RE ReportRetail Summary: First Quarter 2020
Northern Nevada By Dickson Commercial Group Retail sales have been up and down quarter by quarter for some time. Q1 was down by 50 percent from Q4 but volume overall was consistent with averages when looking at the last 12 months. Two major deals made up over 55 percent of the total volume for the quarter which helped keep the numbers up. The first quarter had a … [Read more...] about Commercial RE Report
Business IndicatorsJuly 2020
The “second” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2020 contracted by 5.0 percent at an annual rate, lower than the advance estimate of a 4.8 percent contraction. The revision reflected a deeper decrease in private inventory investment, which was partly offset by upward revisions to consumer spending and nonresidential fixed investment. The … [Read more...] about Business Indicators
Last WordWhat have you Missed Most During Nevada’s Shutdown?
Michele Rothstein Owner and CEOBalloons with a Twist “I miss spending quality time with friends and family. I will never again take for granted going out to dinner, seeing a live show or even attending a networking event. I am definitely an extrovert!” Rob Jensen Founder and PresidentRob Jensen Company “I’ve missed face-to-face conversations. We cancelled … [Read more...] about Last Word