Nevada Business Magazine

The Decision Maker's Magazine

Expert Advice

Nevada Must Protect Constitutional Limits, Patient Choice, and Fiscal Responsibility

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By Nevada Sen. Robin Titus, M.D., and Pete Sepp, president of the National Taxpayers Union Nevadans face a critical turning point that could dramatically alter the future direction of health care in the state for years to come. With the Battle Born State Plan set to begin this year, Nevada is on the brink of launching a government-controlled “Public Option” insurance scheme. … [Read more...] about Nevada Must Protect Constitutional Limits, Patient Choice, and Fiscal Responsibility

Foster A Supportive Culture for Working Parents

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Patty West Employer Support Statewide Coordinator, The Children’s Cabinet The World of Working Parents In today’s fast-paced world, working parents face the daily challenge of balancing demanding careers with the responsibilities of raising a family. The pressure to balance work and home life can be overwhelming, and yet many parents feel the need to hide these struggles to … [Read more...] about Foster A Supportive Culture for Working Parents

Notice to Nevada EmployersRetirement Plan Becomes Mandatory

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Carolyn Sadler-Spoletini COO and Compliance Officer for ManagedPAY Nevada Employers may or may not be aware of upcoming changes that are mandatory for their employees. In the 2023 legislative session SB 305 passed and is now becoming effective September 1, 2025 (originally 07/01/2025). The bill requires Nevada employers with six or more employees to either provide their own … [Read more...] about Notice to Nevada Employers

Adapt or Fall BehindWhy the Future Belongs to the New Generation Workforce

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As businesses across various industries brace for future challenges, one constant remains: the workforce is evolving. The integration of Generation Z (Gen Z) and other post-boomer generations into the workforce has brought with it a new set of values, expectations, and skills that demand our attention. I’ve been with Broadbent & Associates, Inc. for 32 years, and as someone … [Read more...] about Adapt or Fall Behind

Expert AdviceOpportunities to Contribute to Communities Through Public Art

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As a passionate participant in the Burning Man phenomenon in Nevada’s Black Rock Desert for more than 20 years, I truly believe art holds the remarkable power to change lives. From creating desirable gathering places for communities to igniting important conversations, establishing recognizable parts of a neighborhood and creating focal points for memories, art holds … [Read more...] about Expert Advice

Expert AdviceQuiet Quitting: 5 Ways To Keep Employees Engaged

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Is “quiet quitting” a passing trend or an alarming sign of disengagement at work? Referring to the practice of doing the bare minimum at work to get by, quiet quitting involves limiting working hours and consistently prioritizing personal life over work. TikTok may have popularized the term, but evidence suggests that the trend is nothing new. In June, Gallup found that only … [Read more...] about Expert Advice

CollaborationThe No. 1 Predictor for Successful Change Management

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Time after time, I encounter companies whose best intentions for new system upgrades, revamped strategic direction or new mission implementation are thwarted due to the lack of a sound, end-to-end change management plan. Applicable to organizations across every industry and in every location around the world, successful change management requires both accountable leadership and … [Read more...] about Collaboration

Voluntary BenefitsA Possible Solution for Employers and Employees

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For those who may not have valued voluntary benefits prior to the pandemic, there has been a notable paradigm shift. Voluntary benefits are defined for a business as services or goods that an employer offers. These are typically offered at a discounted rate but are paid, either fully or partially, by the employee. They are sometimes also referred to as supplemental insurance or … [Read more...] about Voluntary Benefits

New RealityUpskilling & Reskilling Become Commonplace Necessities in Workplaces

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“Companies that invest more in digital transformation actually outperform their peers over time. These companies are more prepared for disruption, better able to monetize new digital channels, and better build a bigger user base. What’s more, this phenomenon exists regardless of industry.”Geoff Cubitt, CEO, Isobar US The digital transformation, coupled with an … [Read more...] about New Reality

Through Challenging Times, Buying and Selling Business Continues at Record Pace in Nevada

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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

Lessons LearnedAdvice from Commercial Real Estate Leaders

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The ongoing pandemic has forced businesses and industry leaders to adapt to economic and social conditions they could have never anticipated just one year ago. This is especially true for those in the local commercial real estate industry. To get through these trying times, leaders of the Commercial Alliance Las Vegas (CALV), a southern Nevada organization dedicated to the … [Read more...] about Lessons Learned

Who to Hire in the COVID Era

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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

What Is Unclaimed Property and Why Should You Care?

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Most businesses, whether they know it or not, have the potential to generate unclaimed property and the associated obligations that come with it. What is Unclaimed Property? Unclaimed property is any financial asset that has been abandoned or unclaimed by the rightful owner for a specific period of time. Examples include: Bank accounts and contents of safe deposit … [Read more...] about What Is Unclaimed Property and Why Should You Care?

Taking StockEmployee Stock Ownership Plans

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More companies nationwide are realizing the value of Employee Stock Ownership Plans (ESOPs) and how they benefit their business and their employees. ESOPs are a way for a business owner to transition the benefits of owning company stock to its employees. While ESOPs are popular in states with large populations like California, Texas and New York, and in states like … [Read more...] about Taking Stock

Expert AdviceThree Things Company Administrations Wish They Knew About Their Employees

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Your employees are currently struggling with personal financial stress, which prevents them from working at maximum capacity. Sure you overhear your employees talking about their lives, but even though financial stress is a huge component, it’s not likely you’ll hear about it. Ninety percent of employees use work time to deal with personal financial issues. However, as their … [Read more...] about Expert Advice