For Nevada businesses struggling to survive during the coronavirus pandemic, bankruptcy may end up being the only way out. While overall filings nationally were up 20 percent last year, according to bankruptcy court records, the number of businesses in the state that filed Chapter 11 bankruptcy, which involves reorganizing and remaining in operation, have remained relatively … [Read more...] about Business Survival VS. Pandemic Destruction
Nevada business
Through Challenging Times, Buying and Selling Business Continues at Record Pace in Nevada
With all of the tragedy, shut down and hardship associated with COVID, there have been a few bright spots in the Nevada business community that give us great hope for 2021. As the new year is underway, it is interesting to note that entrepreneurship is notably on the rise. Nevada has experienced an increase in the sale of existing businesses to the next generation of … [Read more...] about Through Challenging Times, Buying and Selling Business Continues at Record Pace in Nevada
Around the State
Sands Named to CDP Climate and Water A-Lists Las Vegas Sands has been recognized by the global environmental non-profit, CDP, for its sustainability strategy. The resort developer was named to the Climate A-List for the sixth consecutive year. The list measures the company’s work toward cutting emissions and mitigating climate risks, among others. In addition, Sands was … [Read more...] about Around the State
Making ConnectionsCommunications in Nevada
When the COVID-19 quarantine closed nonessential businesses, Nevada employers, used to traditional businesses with staff working on the jobsite, found themselves, overnight, with remote workers. Along with that, there was a sudden need for technology to support communications between employees, employers, and the technology they rely on. Communications during the … [Read more...] about Making Connections
Renee Hanson
CEOVertical Athletics Type of Business: Athletics Accessories ManufacturerBased: Gardenville, NVHails From: Grosse Pointe, MI Years Co. has been in Nevada: 11Years with Company in Nevada: 12Employees with Company: 06 Who in your Life has been Instrumental to your Success? Alissa Nourse has been a mentor for the past seven years and has recently stepped in as our … [Read more...] about Renee Hanson
The Possibilities of Rural NevadaEconomics Before, During and After the Pandemic
According to the U.S. Census, places with populations greater than 2,500 and less than 50,000 are deemed rural. Based on information from the last Census, in 2010 Nevada ranked third in states that had the largest rural populations. Nevada’s rural population made up 5.8 percent of the whole. Rural Nevada often doesn’t get as much media attention as metro counties Clark and … [Read more...] about The Possibilities of Rural Nevada
Who to Hire in the COVID Era
It is clear that the hiring landscape has shifted immensely in a matter of months. According to data from the Pew Research Center, the rise in the number of unemployed workers due to COVID-19 is substantially greater than that of the Great Recession. As some businesses look to expand and others simply attempt to rebuild their workforce, employers may find the inflated hiring … [Read more...] about Who to Hire in the COVID Era
Iconic Women of Distinction Awards 2020
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with … [Read more...] about Iconic Women of Distinction Awards 2020
Architects & EngineersRebounds and Changes
Like roadsters cruising across the desert at 80-something mph, Nevada’s architectural and engineering firms slammed hard on the brakes when the COVID-19 pandemic threw up a roadblock last spring. Now that traffic is moving again, some lanes are moving faster than others. Business is recovering at most firms, but executives don’t expect a full recovery until … [Read more...] about Architects & Engineers
Which ‘Emergency Orders’ Should We Just Start Ignoring?
At what point do government mandates become so absurd and arbitrary, that it is socially acceptable to start ignoring them outright? Well, if governors keep acting the way they have throughout the coronavirus crisis, we might soon find out. From the beginning, the response to the pandemic has been a dramatic demonstration of just how capricious and arrogant politicians can … [Read more...] about Which ‘Emergency Orders’ Should We Just Start Ignoring?
How Does Nevada Stack Up2020
How does Nevada Compare to Other States in 2020? In previous years, annual reports showed a state more susceptible to U.S. economic ups and downs than others. When times were good, millions of tourists brought their money to Nevada, and the numbers showed a prosperous state that often led the nation in growth, despite chronic concerns about low rankings for … [Read more...] about How Does Nevada Stack Up
Private Education in NevadaOperational Changes
Parents in the U.S. have the right to choose the best form of education for their children. Choices include public and private schools, religious-affiliated and independent schools. According to the Nevada Department of Education (DOE), northern Nevada has 39 private schools with 4,012 students attending. Southern Nevada has 90 with 15,473 students enrolled. The student to … [Read more...] about Private Education in Nevada
Commercial Builders in NevadaWeathering the Storm
Nevada’s commercial builders — the companies that build about everything except single-family houses — weathered the first months of the COVID-19 pandemic in passably good shape. But, questions linger about how well the industry will fare if the state’s economy remains weak into the early days of next year. After some bumps during the worst of the pandemic’s early days, most … [Read more...] about Commercial Builders in Nevada
Rob Jensen
Founder, Rob Jensen Company Type of Business: Residential real estate firm specializing in luxury, guard-gated communities.Based: Las Vegas, NVHails from: Eugene, Oregon Years Co. has been in Nevada: 7Years with Company in Nevada: 7Employees with Company: 10 What was your first job? I had a paper route when I was 12 years old, but my first official job was scooping … [Read more...] about Rob Jensen
Nothing Special HereNevada’s Special Legislative Session
“Whereas, Section 9 of Article V of the Constitution of the State of Nevada provides that, ‘[T]he Governor may, on extraordinary occasions, convene the Legislature by Proclamation and shall state to both houses, when organized, the business for which they have been specially convened;’ … Now therefore, I, Steve Sisolak, Governor of the State of Nevada … do hereby convene the … [Read more...] about Nothing Special Here
Insuring BusinessGuidance Through Catastrophic Times
With a variety of product types depending on a business’ industry and needs, insurance can be confusing for many business owners and executives. “The reason you’re buying insurance is to provide protection from claims,” explained Brad Pearce, chairman, A&H Insurance. “So you want an insurance carrier that provides excellent claim service and excellent coverage.” That … [Read more...] about Insuring Business
Industry FocusMining
One of the first industries in Nevada, mining, has a rich history in the Silver State. Today, the industry is a far cry from the days of pickaxes and is one of the most high-tech fields in the world. Even so, mining is often misunderstood in Nevada by those not in the industry. Recently, mining executives came together for a virtual roundtable, hosted by Nevada Business … [Read more...] about Industry Focus
Waiting for the Dust to SettleRetail in COVID-Nevada
The future of retail arrived with an unexpected, massive thunderclap this spring. Now retailers, shopping center developers and real estate brokers who specialize in commercial properties are looking over a landscape dramatically changed by the COVID-19 pandemic, identifying winners and losers and making predictions about the future of retail as it continues to unfold. Nobody … [Read more...] about Waiting for the Dust to Settle
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
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