Technology and automation are changing the face of the modern factory worker. Robots and artificial intelligence are replacing the repetitive movement jobs that have been increasingly hard to fill for employers in the state. The modern factory environment demands a more tech-savvy workforce that is expected to adapt quickly to the constant evolution and staggering capital … [Read more...] about Time for an Upgrade: Automation and Technology in Manufacturing
Expert Advice
How to Go Green: Top Five Ways to Incorporate Conservation in Your Business
Recycling has become much more popular than it was decades ago, especially since most of us have become more conscientious of our limited resources. Therefore, recycling has become a staple in most people’s daily lives, making it a greater importance that businesses large and small make recycling a natural part of their daily operations. Businesses throughout Nevada have … [Read more...] about How to Go Green: Top Five Ways to Incorporate Conservation in Your Business
Boomers…… Is Your Retirement Income Tied up in the Business You Own?
Approximately 12 million baby boomers own small businesses in America. With the oldest members of the generation turning 71 this year, retirement concerns are frequently a primary focus amongst the generational group. Retirement for business owners is different than retirement for employees who work for companies owned by others. For example, boomers who have their … [Read more...] about Boomers…… Is Your Retirement Income Tied up in the Business You Own?
Personal Brand Matters: Achieve Business Growth Using Your Online Reputation
If your business isn’t growing to meet objectives, maybe it’s because you’ve overlooked a simple new currency — your online reputation. More than 90 percent of all consumers (including consumers of business services and business-to-business clients) read online reviews at places like Yelp, Google and Facebook before deciding to buy something or make an … [Read more...] about Personal Brand Matters: Achieve Business Growth Using Your Online Reputation
The New Workplace: Designing Offices That Increase Productivity
If you build it, they will come… and more importantly, stay. In an ever-changing business world, there is more emphasis on creating functional and health conscious workspaces than possibly ever before. Private offices and cubicles are quickly becoming a thing of the past. Millennials entering the work place are looking for workspaces that offer flexibility, natural light, … [Read more...] about The New Workplace: Designing Offices That Increase Productivity
Managing Large-Scale Construction Projects: The Importance of Teamwork
All large-scale construction projects are at inherent risk of going over budget and schedule – late changes in design, unforeseen conditions and unexpected delays in permitting are a few reasons for time delays and cost increases. However, equally as guilty can be the people working the project. Poor planning, inexperienced leadership, lack of clear objectives and … [Read more...] about Managing Large-Scale Construction Projects: The Importance of Teamwork
Executive Power Tools: The Benefit of Peer Groups
What is truly at stake in your next decision? Picture a pending business challenge or opportunity. What if you could see it from every perspective, angle and point of view, perhaps even from the past and into the future? You could eliminate all the blind spots. The Desert Research Institute has such a tool for scientific research. Called the C.A.V.E., it is a six-sided … [Read more...] about Executive Power Tools: The Benefit of Peer Groups
The New Generation of Las Vegas Legal Space: Commercial Real Estate by Industry
The legal industry is facing a fundamental priority shift that is impacting how law firms look at everything from their investment in technology to how their office spaces are designed. At the heart of this shift are the disparate attitudes and preferences between the generations that are currently in the workforce. The up and coming millennial generation has its own … [Read more...] about The New Generation of Las Vegas Legal Space: Commercial Real Estate by Industry
Cultural shifts: Changes to Nevada’s workplaces
With a continually changing workforce, employers and managers can’t ignore that multigenerational and multicultural workforces are the norm. This mindset will help prepare businesses to be successful through 2020 and beyond. The first question every employer will want to ask themselves when it comes to their business is, “How are we preparing for a generationally and … [Read more...] about Cultural shifts: Changes to Nevada’s workplaces
Export-Import Bank: Driving Economic Growth in the Private Sector
There is a perpetual debate in Congress over how to grow the economy. While everyone agrees that we need to grow the private sector, a small but increasingly powerful group in Congress is saying that the government has no role in promoting economic development. The majority of Democrats and Republicans however agree that Congress should level the playing field to help small … [Read more...] about Export-Import Bank: Driving Economic Growth in the Private Sector
Gaming Trends: Incorporating Cost Effective Changes
Las Vegas is the world’s gaming trendsetter. Renovate, revamp and start again has always been the city’s mantra. Today’s competitive market, however, gives a greater urgency to what’s trending. Today’s competition is fierce and global with numerous experts saying the U.S. gaming market is saturated with little room for growth. While statistics confirm greater competition, … [Read more...] about Gaming Trends: Incorporating Cost Effective Changes
Getting a “Return on Investment” from Corporate Giving
Businesses receive numerous requests each month to make donations to non-profit organizations and these requests increase during the holiday season. These donations are a necessity to help support the work of non-profit organizations and ultimately help build a stronger community. Currently in Southern Nevada, there are 275,000 children, seniors and families who live in … [Read more...] about Getting a “Return on Investment” from Corporate Giving
A Closer Look at Franchising
Many businesses view franchising as a low-cost way to expand their operations, while franchisees see an opportunity to work for themselves without the same level of vulnerability that’s associated with starting a new venture from scratch. While both answers are correct, the truth is that the franchise business model seems deceptively simple from the outside. Here’s a closer … [Read more...] about A Closer Look at Franchising
Do you have foreign asset disclosure requirements?
Before quickly answering no, consider the following requirements and penalties. The dollar penalties for not reporting are very significant and can go as far as being criminal. The following items are not meant to be all inclusive. The first item is the Form TD F 90-22.1 “Report of Foreign Bank and Financial Accounts”. This form is used to report a financial interest in … [Read more...] about Do you have foreign asset disclosure requirements?