While some members of the baby boomer generation are already retired, many more among this demographic are expected to retire in the next several years. Baby boomers are born between 1946 and 1964 and are currently between 57 and 75 years of age. Since many baby boomers are also business owners, some estimates expect the rate of business sales to increase in the next five … [Read more...] about Bank of Nevada – Preparing Your Business Exit Strategy
Archives for July 2021
First Independent Bank – Preparing Your Business Exit StrategyAdvice from the Experts
While some members of the baby boomer generation are already retired, many more among this demographic are expected to retire in the next several years. Baby boomers are born between 1946 and 1964 and are currently between 57 and 75 years of age. Since many baby boomers are also business owners, some estimates expect the rate of business sales to increase in the next five … [Read more...] about First Independent Bank – Preparing Your Business Exit Strategy
Let’s Consider OthersAnd Stay in Our Own Lanes
Now that we are moving away from the pandemic and it’s, hopefully, in the rear-view mirror, we’re all looking forward to a return of normalcy. There is absolutely no doubt the shutdown changed the way we behave as a society. However, it seems we have yet to return to a place of mutual respect and kindness where individuals stay in their own lane. In other words, we all need to … [Read more...] about Let’s Consider Others
Restarting TechnologyThe Future Flickers Into View
Faced with a bulky office computer, any technician worth their salt begins by telling the frustrated user to try turning the computer off, then back on again. But how will that strategy work when it’s the entire tech economy that’s turned off, then back on again, as the COVID-19 pandemic begins to wane? The screen is flickering to life, and while the picture of the … [Read more...] about Restarting Technology
Mining for TaxesRaising State Revenues in Nevada
It is well known that any debate in the Nevada Legislature over raising mining taxes has been a controversial topic since prospectors first struck gold in the 19th century. Previous efforts to raise the tax or reduce the ability of companies to deduct net proceeds have come up short. Opponents have argued successfully that any increase in the tax rate would severely … [Read more...] about Mining for Taxes
Industry FocusResidential Brokers
Nevada’s housing market has seen a boom in the past year as sellers receive multiple bids above asking price and buyers scramble to find homes within their budget. Caught in the middle are residential brokers who had to find new ways to show homes in the pandemic and help their customers navigate the hectic marketplace. Recently, residential brokers met in a virtual roundtable, … [Read more...] about Industry Focus
Southern Nevada CCIMWrite the Next Chapter
The commercial real estate industry is constantly changing. Navigating and thriving in that world requires expertise, education, stability and knowledge. Certified Commercial Investment Members earn their designation as CCIMs through extensive and ongoing education, and submission of a portfolio of real-world deals. Before they ever guide a client through a transaction, … [Read more...] about Southern Nevada CCIM
Commercial Real Estate FinancingNavigating a Post-Pandemic Market
Fickle – that’s one word to describe the commercial real estate market as the COVID-19 pandemic winds down and the accompanying economic development downturn looks likely to take 18 to 24 months to resolve. For individuals or companies wanting to buy or build commercial real estate (CRE) properties, there’s money available – for the right person, with the right deal … [Read more...] about Commercial Real Estate Financing
Are We Still a Free People?
This July Fourth, as we set off our illegal fireworks, ignore federally-required warnings about letting young children play with sparklers, and celebrate our liberation from government-mandated COVID protocols, it seems like a prescient time to ponder if we are still a “free people.” It’s a surprisingly complex question to answer. Obviously, to anyone who … [Read more...] about Are We Still a Free People?
Around the StateJuly 2021
CIS Reports Graduation Rate for Case-Managed Students Communities in Schools (CIS) has reported a 90 percent graduation rate for the 2019-2020 school year for students the organization case manages. The statewide average graduation rate is 84 percent. CIS manages a total of 6,500 students in grades K-12 and serves over 75,000 students in 75 schools across Nevada. The … [Read more...] about Around the State
Personalized Health GuidanceTo Support Nevada’s Frontline Workers
Chris Cronin is CEO of MOBE. Michelle Sanchez-Bickley is Chief Human Resources Officer of Renown Health. A year into the pandemic, one thing is clear: employers across the country are being challenged to optimize their health and wellness offerings to suit rapidly changing employee needs. Mental health has become an urgent concern for many, and its ripple effect in the … [Read more...] about Personalized Health Guidance
Rupert Ruiz
Nevada Area PresidentChicanos Por La Causa Nevada (CPLC Nevada) Type of Business: NonprofitBased In: Las Vegas, North Las Vegas, Carson City, Minden, RenoHails From: Florence, Arizona Years Company has Been in Nevada: 10+Years with Company in Nevada: 10Employees with Company: 65+ What was your first job? I collected eggs at a chicken farm. Who in your … [Read more...] about Rupert Ruiz
Commercial RE Report: Retail SummaryFirst Quarter 2021
Northern Nevada By Dickson Commercial Group Retail had a strong start to the year in Q1 with $40,203,740 in total sales volume and 19 total sales. The average price per square foot in the first quarter was $347.20 with two sales over $1,000 per square foot. No neighborhood centers traded hands in the first quarter. The market has limited inventory and single … [Read more...] about Commercial RE Report: Retail Summary
Business IndicatorsJuly 2021
The “second” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2020 experienced a strong gain of 6.4 percent at an annual rate, remaining unchanged from the previous estimate. Downward revisions in net exports and private inventory investment offset upward revisions in consumer spending and nonresidential fixed investment. Overall, the strong recovery … [Read more...] about Business Indicators
Last WordWhat do you Look Forward to Most this Summer?
David Peterson Executive DirectorVisit Carson City “Live music and in-person events! The free, family-friendly Levitt Amp Carson City Music Series at the Brewery Arts Center and the Carson City Downtown Revival Car Show can’t be missed!” Marina Worre Founder & CEOWorre Studios “Since launching, we’ve hosted huge, global events virtually, so this summer I … [Read more...] about Last Word