Nevada’s economy continues to outperform the U.S. economy. U.S. job growth, picking up recently, is still growing at a modest rate, up 1.5 percent year-over-year for the month of April. The Silver State, on the other hand, continues to create jobs, up a robust 6.6 percent measured annually over the same April-to-April period. In short, the better than 5 percent difference … [Read more...] about August 2005: Business Indicators
August 2005: Business Up Front
"Data Data Everywhere" on Used Hard Disks Every day on eBay, over 10,000 hard disks are auctioned off to the highest bidder. When O & O Software purchased 200 used hard disks on eBay and scanned them for existing data, it discovered some sort of personal or business data on 70 percent of them. Results of this test are contained in an O & O study entitled "Data Data … [Read more...] about August 2005: Business Up Front
Eminent Domain: Is Anyone’s Property Safe?
"…nor shall private property be taken for public use, without just compensation." Fifth Amendment to the U.S. Constitution "If people had a clear idea of what this ruling means and how it could affect them, they would riot." Attorney Kermitt L. Waters The city government of New London, Conn. faced a problem shared by many cities: residents and businesses were … [Read more...] about Eminent Domain: Is Anyone’s Property Safe?
United Way of the Great Basin
United Way of the Great Basin (UWGB) is a non-profit organization that has been serving Northern Nevada communities for the past eight years. In that time UWGB has focused on making positive, lasting changes in the community each year and providing local programs and services for those in need. UWGB collaborates with many other organizations, including local non-profit … [Read more...] about United Way of the Great Basin
Employee Turnover: Pay Now or Pay Later
How much turnover is too much? Depending on an organization’s location and industry, its turnover rate can be anywhere from 5 percent to over 100 percent. Determining the causes of turnover is critical. If the company does formal exit interviews or asks informally, people often say they are leaving for more money. Because few people leave for less money, the next question … [Read more...] about Employee Turnover: Pay Now or Pay Later
August 2005: Face to Face
Name Elaine Barkdull Title Executive Director Company Elko County Economic Diversification Authority (ECEDA) Type of Business Non-profit economic development organization representing Elko County, Elko, Wells, Carlin and private industries Location Elko Years in Nevada 28 Years with Company: 1 Biggest Business Challenge: Rural Nevada is not quite on … [Read more...] about August 2005: Face to Face
The Race for Governor: Contenders Jostle for Position
If the 2005 legislative session showed us anything about next year’s race for governor of Nevada, it is that the race to succeed Kenny Guinn is more in flux than ever. Before the Legislature, the gubernatorial field was rather solid: Congressman Jim Gibbons on the Republican side and Assembly Speaker Richard Perkins on the Democratic side. At the time, most experts believed … [Read more...] about The Race for Governor: Contenders Jostle for Position
New Bankruptcy Law: IRAs Now Have Greater Protection
Richard and Betty Jo Rousey of Berryville, Ark. probably share a lot in common with many couples who have relocated to Nevada over the past years. Both worked for a large company in another state before relocating to their current home. When Richard and Betty Jo left Los Angeles and the large defense contractor with whom they were employed, they were required to take a lump sum … [Read more...] about New Bankruptcy Law: IRAs Now Have Greater Protection
August 2005: Nevada Briefs
Strong Nevada Job Market Predicted Nevada employers expect to hire at a vigorous pace during the third quarter of 2005, according to the "Manpower Employment Outlook Survey" recently released by the employment services firm Manpower Inc. National results reveal that U.S. employers expect the third quarter to show a continuation of the stable hiring pattern they have reported … [Read more...] about August 2005: Nevada Briefs
Succeeding Together: Nevada Businesses Embrace Diversity
In the ever-changing Nevada business scene, companies are finally acknowledging shifting demographics and the vital role of ethnic diversity in their business strategies. "Corporations have realized minority business is important to the fabric of our state," said Dianne Fontes, president of the Nevada Minority Business Council, which helps mentor minority business people and … [Read more...] about Succeeding Together: Nevada Businesses Embrace Diversity
Legally Speaking: A Look at the Legal Profession in Nevada
New residents and businesses are moving to Nevada daily. With the influx comes the need for more services of every description, including legal assistance. Yet the fastest-growing state in the country boasts only about 6,000 lawyers. That means plenty of work for existing Nevada law firms, as well as interest from regional and national firms looking our way. Despite the … [Read more...] about Legally Speaking: A Look at the Legal Profession in Nevada
Nevada Construction Liens: Precautions Can Prevent Trouble
Imagine you moved into your new house or office building two months ago, you paid the general contractor and life is good – or so you thought. There’s a knock at the door and you are served with a Notice of Lien, also known as a mechanic’s lien, in which a local plumbing company claims it is owed thousands of dollars for the labor and materials supplied to your project. What … [Read more...] about Nevada Construction Liens: Precautions Can Prevent Trouble
Our Fast-Growing State: Meeting its Human Resources Challenges
Question: What is the state government doing to keep up with the need for more mental-health facilities in Nevada? We are now about a year removed from the mental health crisis that hit Southern Nevada last summer, and in that time I believe the state of Nevada has made great progress in remedying the problem. As many Southern Nevadans remember, in July 2004 Clark County … [Read more...] about Our Fast-Growing State: Meeting its Human Resources Challenges
August 2005: State the Issues
Question: Should interchange fees charged by credit card companies be regulated by the government? MasterCard is a Great Deal for Merchants and Their Customers by Noah J. Hanft MasterCard cards provide cardholders and merchants with a valuable proposition. Cardholders can purchase almost anything just about anywhere in the world with a single piece of plastic. Merchants … [Read more...] about August 2005: State the Issues
Connect Me to the Future: Broadband Supports Business Growth
Recent technology advances, coupled with the spread of broadband availability, have created opportunities for small and medium-sized businesses to enhance their operations and dramatically improve productivity. Today’s small businesses are no longer satisfied with electronic record-keeping; they’re looking for advanced solutions to assist and improve financial and inventory … [Read more...] about Connect Me to the Future: Broadband Supports Business Growth