The industrial real estate landscape in Nevada has turned upside down over the last 24 months, going from too little to, thanks to the turbulent economy, too much. The result has not been pleasant. Nor is the situation expected to reverse itself any time soon. Nevada “is definitely suffering” from the overage, according to Doug Roberts, Senior Vice President/Project … [Read more...] about Industrial Market: From Too Little to Too Much

According to economists, only Michigan has suffered worse from the Great Recession than Nevada. Nevada’s too-heavy reliance on gaming, sales tax and construction led us to this situation and economic development is on everyone’s mind. But how do you build, grow and sustain diverse types of businesses in a state with no money? No Silver From the State Part of what has, for … [Read more...] about Raising Capital: Cultivating the “Benjamin’s”

Non-paying customers. Delinquent accounts receivables. Bad debt. All are a bane to businesses. Chances are good that your company has experienced them already. If not, it likely will at some point, particularly with today’s economy. “In these economic times, many companies are strained financially as their clients do not pay invoices or bills in a timely manner,” said Kevin … [Read more...] about Collections: Getting Paid For Your Work

Remember when Tax and Spending Control (TASC), a proposed constitutional amendment intended to limit the growth in state spending to inflation plus population growth, was mocked and ridiculed? The aim of TASC and similar provisions in other states is to prevent significant increases in inflation-adjusted, per-capita government spending without voter approval. That goal would … [Read more...] about About that TASC Amendment: Tax and Spending Control could have averted fiscal crisis

1.  Be Aware Besides keeping an eye on financial statements, are there other ways a business owner can sense theft/fraud in his/her business? Business owners can cover their bases by requesting backup documents to accompany unsigned checks and unapproved expense reports. Further, they should keep in mind that the largest percentage of fraud is related to billing schemes … [Read more...] about How to Prevent & Detect Theft/Fraud in your Business

It’s been said there’s nothing more powerful than an idea whose time has come.  Sometimes that idea can reshape an entire industry.  In technology, it’s been described as the “killer app” (application).  In retail and marketing industries, it’s called the “category killer.” In the legal profession, some consider the legal service plan, especially those tailored for the small … [Read more...] about Legal Service Plans: An Idea Whose “Need” Has Come

As we embark on a new year, many Nevadan businesses continue to be affected by the economic slump and are scrutinizing their business practices. Many business owners are taking heed and still extending a great amount of caution when considering new information technologies. In doing this, they may be jeopardizing customer relationship management, affecting processes and … [Read more...] about Information Technology Implementation & Strategy: It should still be on the top of the list during tough economic times

The historical policies of many politicians inconveniently create statutory and regulatory environments that clash with their current campaign promises and pledges.  In the name of environmentalism, these politicians passed anti-business laws, which now act as legal barriers to their current campaign promises.  At a young age most of us were taught the principle of how actions … [Read more...] about When today’s promises of green jobs meet yesterday’s policies of red tape.