Leslie Parraguirre, President, Colours, Inc., Las Vegas The Purpose Driven Life by Rick Warren “The way you see your life shapes your life.” These words have impacted my career and how I strive to live. Life and business, especially today, are stressful and can bring disappointments. This book reminds me of what is most important and that the power of prayer is mighty. Dave … [Read more...] about What book has most impacted the way you operate your business?
Departments
March 2009: Business Up Front
Commercial Real Estate Down in 90 Percent of Markets Hundreds of SIOR (Society of Industrial and Office Realtors) market experts across the country weighed in on local industrial and office market conditions for the Fourth Quarter 2008 SIOR Commercial Real Estate Index. The members’ account of their local markets reflected the lackluster of the general U.S. economy. In fact, … [Read more...] about March 2009: Business Up Front
March 2009: Nevada Briefs
Northern Nevada Development Authority Announces New Strategic Direction The Northern Nevada Development Authority (NNDA) announced organizational changes that will better position itself—and the region—for economic development success in the new economy. The changes include restructuring NNDA’s key positions by merging the executive director position with business development … [Read more...] about March 2009: Nevada Briefs
Commercial Office Summary: Fourth Quarter 2008
Las Vegas The Las Vegas Valley office market continued to deteriorate in 2008 as new supply outpaced market demand. The latest economic conditions resulted in fewer office-using business expansions and relocations, pushing the vacancy rate to a record-high 17.3 percent. The latest availability figures represented a 0.5 point increase from the 16.8 percent vacancy rate reported … [Read more...] about Commercial Office Summary: Fourth Quarter 2008
Brian A. Roush: ROEL Construction Co. Inc.
Regional Manager Las Vegas, NV Number of Employees: 14 Years in Nevada: 15 Years with Company: 2.5 Describe your leadership style: Provide opportunity, lead by example and be fair, but firm. Biggest business challenge: Cultivating work in a slower economy. In today’s soft market, I feel this is the time to really put our heads down, work harder, and focus on … [Read more...] about Brian A. Roush: ROEL Construction Co. Inc.
March 2009: Business Indicators
The November and December indicators show an economy caught in a firestorm—an uncontrolled self-reinforcing decline in which job layoffs create further job losses. A sustaining economic firestorm shows in the preponderance of double-digit percentage declines from year-ago levels. The severity of the contraction shows in sharp cuts in consumer spending. The Nevada … [Read more...] about March 2009: Business Indicators
Commercial Industrial Summary: Third Quarter 2008
Las Vegas Through the 3rd Quarter of 2008, the Las Vegas Valley industrial market continued to report vacancies in the single digits while limited near- to mid-term supply additions will likely keep availability in line with historical averages. During the quarter, the market posted 495,000 square feet of net absorption, bringing market demand for the first nine months of 2008 … [Read more...] about Commercial Industrial Summary: Third Quarter 2008
February 2009: Business Indicators
Economic conditions were mixed a year ago. There were very few signs in early 2008 that hinted at severe economic turbulence was on the horizon. Financial conditions weakened by spring, however. The Federal Reserve and the U.S. Treasury came to the rescue, believing that firms were caught in illiquid positions, that is, they had too much long-term investments and too little … [Read more...] about February 2009: Business Indicators
Sheldon Colen: SCA Design
Principal & Founder Henderson Number of Employees: 12 Years in Nevada: 13 Years with Company: 13 Describe your leadership style: I believe in leading by example. I find that my employees are happier when, at crunch time, we all work side by side as a team to get the project done. The long hours are not an issue because we are having fun doing the work together. … [Read more...] about Sheldon Colen: SCA Design
February 2009: Business Up Front
Government Services Increase In Approval Harris Interactive reports that recent survey results reflect a more positive attitude to government in general compared to three years ago. A major reason for this change is surely a decline in the belief that “government is the problem” and a stronger belief that “government is part of the solution” – as a result of the economic and … [Read more...] about February 2009: Business Up Front
February 2009: Nevada Briefs
NAIOP Study Indicates Amount of Available Land Key to Economy A study was released by NAIOP’s Southern Nevada Chapter which reports, that despite the current market conditions, the increasing scarcity of land (that could be used for industrial development) in the Southern Nevada region will negatively impact the regions economy over time. It was cited that if Southern Nevada … [Read more...] about February 2009: Nevada Briefs
How will your business be impacted if the Employee Free Choice Act is passed?
Sharon Powers, President & CEO, N. Las Vegas Chamber of Commerce The Employee Free Choice Act takes away the rights of workers to a private vote and undermines the ability of employers to bargain in good faith with their employees. Card Check is dangerous to all sizes of business as it will give unions an unfair advantage. Timothy E. Rowe, Partner, McDonald Carano … [Read more...] about How will your business be impacted if the Employee Free Choice Act is passed?
January 2009: Business Up Front
Original Bailout Loses Its Luster A recent poll released by the Gallup Organization says that for the first time since its passage by Congress in October, Americans have flipped from being more positive than negative on the Wall Street bailout. The first poll conducted just after the bill’s passage had it favored by Americans 50 percent to 41 percent; the same question in … [Read more...] about January 2009: Business Up Front
Retail Market Summary: Third Quarter 2008
Las Vegas The Las Vegas commercial retail sector continues to be impacted by the current economic climate, a deteriorating housing market and low consumer confidence levels. Fundamentals within the market prompted the closing of various retail outlets over the past several quarters, with additional closures possible. Several national retailers have recently entered bankruptcy … [Read more...] about Retail Market Summary: Third Quarter 2008
Don Wilkerson: Gaston & Wilkerson Management Group
President & CEO Las Vegas, Reno Number of Employees: 78 Years in Nevada: 49 Years with Company: Founded 19 years ago Describe your leadership style: Permissive. I like subordinates to take part in decision making and also give them a considerable degree of autonomy in completing routine work activities. Biggest business challenge: There are a few: … [Read more...] about Don Wilkerson: Gaston & Wilkerson Management Group