Welcome to the future of building and developing. It’s here, and it’s green, and for those people who thought it was going to be selective, or at least elective, it’s quickly becoming not only the norm, but the required. Which is just as well. The idea that building green is building expensive is a myth, at least now. Overall, LEED certified buildings make good sense and … [Read more...] about Growing Up Green: LEED Certification in Nevada
Industrial Summary: Fourth Quarter 2009
Las Vegas The Las Vegas Valley industrial market continued to deteriorate with sustained negative absorption, while the remainder of ongoing construction projects wrapped up during the fourth quarter of 2009. Inventory expanded by 462,000 square feet during the quarter, or 1.0 million square feet for 2009, pushing inventories to 103.6 million square feet at year end. Space … [Read more...] about Industrial Summary: Fourth Quarter 2009
February 2010: Business Indicators
The US economy has shown continued, but cautious, signs of economic recovery. The December 29, 2009, release of the New York-based Conference Board’s US Consumer Confidence Index showed consumer confidence rising for the second month straight in November. The Expectations Index climbed to 75.6 from 70.3, reflecting more optimism about the future on the part of the American … [Read more...] about February 2010: Business Indicators
What’s the best business advice you’ve ever received?
“Ask for help! I was one of those ‘do-it-all-myself’ entrepreneurs, never realizing that I held my own business success back by not putting my trust in others to help me, and the company, prosper. I discovered how freeing it was to focus on what I did well!” Stevenson Brooks • Owner, MBSB LLC - authorized licensee of Sandler Training in Las Vegas “If you can find a … [Read more...] about What’s the best business advice you’ve ever received?
Nevada Bankers Association: Strength In Numbers
The banking industry has a long and interesting history in the Silver State. Nevada, which began as a mining state has grown into what had been one of the fastest growing states in the country. The state’s colorful past includes a rich history of mining, gaming and support services. The Nevada Bankers Association (NBA) is a big part of that history. The association was … [Read more...] about Nevada Bankers Association: Strength In Numbers
Winning in Today’s Market: Engaging Your Senses
Do you see the advantages? Business executives throughout Nevada have been forced to rethink the way they do business and re-evaluate all aspects of their business plans. With the most challenging economy in recent history, smart business leaders are finding ways to take advantage of opportunities unique to this market. These opportunities include such things as reduced … [Read more...] about Winning in Today’s Market: Engaging Your Senses
We are All Stakeholders, Aren’t We? Tax Decisions Affect Us All – The Farce
Stakeholder: a person or group that has an investment, share, or interest in something, as a business or industry. (Dictionary.com) The Nevada Legislature will not convene again until February 2011, but the Legislature’s Interim Finance Committee is already preparing the arguments it will use to raise taxes as soon as the next session begins. They have created what’s called … [Read more...] about We are All Stakeholders, Aren’t We? Tax Decisions Affect Us All – The Farce
Economic Development: The Silver State Gets Strategic
With 400,000 of their patented Oxygenics showerheads shipped annually to customers around the world, owners of ETL (originally named Energy Technology Laboratories) say their business is thriving despite the economic recession. For 20 years the small technology company has identified niche markets and produced products to enhance personal lifestyles. However, when faced with … [Read more...] about Economic Development: The Silver State Gets Strategic
Executive Education & MBA Programs: It’s Never too Late to Learn Something New
Individuals at all levels of higher education, career experience and even those in search of employment can benefit from executive education or a Master of Business Administration (MBA). This important next step in a business person’s growth can benefit them in both the long and short-term. Today’s economic climate has affected executive education as many see the opportunity … [Read more...] about Executive Education & MBA Programs: It’s Never too Late to Learn Something New
Industry Focus: In-House Attorneys
Recently, in-house attorneys from various industry segments throughout Nevada met at the law offices of Holland & Hart in Las Vegas to discuss the myriad of complicated issues their industry faces today. Connie Brennan, publisher of Nevada Business Magazine served as moderator for the event. These monthly meetings are designed to bring leaders together to discuss issues … [Read more...] about Industry Focus: In-House Attorneys
Trouble Brewing: Nevada’s 2011-2013 Budget Doesn’t Add Up
Nevadans are accustomed to balanced budgets. Indeed, they are required by the Nevada Constitution. And while the Governor and Legislature balanced the 2009-2011 budget, they did so with over $1.5 billion in one-time revenues and taxes that will sunset. The next Legislature could face having to require new or increased tax revenues to maintain the status quo in spending … [Read more...] about Trouble Brewing: Nevada’s 2011-2013 Budget Doesn’t Add Up
Is Your Company Leaking Cash?
Many small and mid-sized business owners believe that their accountant, or accounting software, tells them everything they need to know about their financials. Not true. Accounting tells how much profit was made. However, what a business owner really needs to know is how much profit they should have made. How is that accomplished? The answer is to consistently measure business … [Read more...] about Is Your Company Leaking Cash?
Business Bankruptcy: A Last Resort
The current form of Chapter 11 bankruptcy has been law in the United States since 1978. From a large business like a manufacturing company to a small business like a restaurant, Chapter 11 bankruptcy can provide effective tools for all stakeholders to fare better than they would have in state court or foreclosure. Sometimes the benefits outweigh the unavoidable cost, delay … [Read more...] about Business Bankruptcy: A Last Resort
Oranges Without the Trees!
Is it possible to be anti-business but pro-jobs? Imagine a small island with a community of people living on it. This community and their economic system are based on the production of oranges. The community has a democratically elected two party system of government that is full of leaders elected on the platform of protecting oranges and increasing their production. One … [Read more...] about Oranges Without the Trees!
January 2010: Around the State
Las Vegas Named Number One U.S. Travel Destination by Orbitz Due to the decrease in hotel room rates, Las Vegas ranks as the top U.S. travel destination according to numbers from Orbitz, an online travel service. Rates are down by an average of 26 percent in 2009. In 2008, rooms cost, on average $115 per night, in 2009, the average was $84 per night. University of Southern … [Read more...] about January 2010: Around the State