“A leader’s greatest attribute is the ability to forward think. Great leaders anticipate obstacles or challenges that may affect a team and can adjust quickly.” Carol Mayorga • District Manager, Wells Fargo Bank– The Horizons District “I don’t think there is a single greatest attribute. Vision, the ability to motivate and inspire people, providing clear direction and the … [Read more...] about What is a leader’s greatest attribute?
Departments
Stay Connected During the Unexpected: Effective Planning Can See Your Business Through a Disaster
Floods and earthquakes – as well as wildfires that too often plague the Southwest – are a very real reminder of how the unexpected can impact not only communities, but also the businesses in those communities. Planning for emergency communication should be done before a crisis happens, and it is important to take the time to ensure you and the business are well … [Read more...] about Stay Connected During the Unexpected: Effective Planning Can See Your Business Through a Disaster
Michael V. Cristalli: Gordon Silver Attorneys & Counselors at Law
Shareholder Las Vegas Number of Employees: 43 Years in Nevada: 17 Years with Company: 3 months How did you first get into your profession? My mother was a judicial executive assistant for 30 years. As a child, I was always around the law, meeting lawyers and judges and hanging out in the law library. The law became a natural environment for me. I was always the most … [Read more...] about Michael V. Cristalli: Gordon Silver Attorneys & Counselors at Law
March 2012: Around the State
Governor to Head Trade Mission to Israel The Governor’s Office of Economic Development has announced that Governor Brian Sandoval will lead a Nevada trade mission to Israel in mid-May. The trade mission will include opportunities to discuss the technologies that Nevada and Israel are pursuing to expand their water supplies for residential and commercial needs. Other areas of … [Read more...] about March 2012: Around the State
Series LLCs: Protect Your Investment
With home prices at historic lows, and mortgage interest rates around 4%, real estate investment is on the rise. If you own (or are considering owning) multiple rental properties, consider starting a series LLC (“Series LLC”) to maximize liability protection and save costs. Since the creation of limited liability companies (“LLCs”), an owner of multiple real estate … [Read more...] about Series LLCs: Protect Your Investment
Office Summary: Fourth Quarter 2011
Las Vegas The office sector’s performance continues to struggle as pricing fell amid a continued supply-demand imbalance. Rising three-tenths of one percent from the prior quarter, the vacancy rate reached yet another all-time high at 25.3 percent by the close of the fourth quarter of 2011. For the year, the vacancy rate climbed 1.5 percentage points. Despite weak market … [Read more...] about Office Summary: Fourth Quarter 2011
March 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 2.8 percent during fourth quarter 2011, which represents a gain over the third-quarter figure of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential investment showed stronger growth, but business fixed investment slowed. U.S. nonfarm employment rose by 243,000 jobs in January, and the … [Read more...] about March 2012: Business Indicators
What keeps you up at night?
“My children. Not so much in the traditional sense of making sure they’re safe and sound, but in the sense of their well being if something happened to my wife and I. We’re currently in the process of drafting our estate documents; designating guardians for our young children is of upmost importance at this stage.” Justin Thomas, CFP® • Shareholder/Wealth Advisor, TCI Wealth … [Read more...] about What keeps you up at night?
Michael Hemphill: CSG Direct, Inc.
President / CEO Las Vegas & Reno Number of Employees: 28 Years in Nevada: 18 Years with Company: 18 What do you like most and least about your industry? Most: The industry moves much slower than technology so we are always able to create new systems and technologies to help our clients gain advantage. Least: The industry moves much slower than technology so the … [Read more...] about Michael Hemphill: CSG Direct, Inc.
Texas Margin Tax: Always a Bad Idea: Margin Tax is More Destructive than Alternatives
Leaders in the Democratic majority during the 2011 state legislative session proposed a dramatic change to Nevada’s tax system: Phase out the Modified Business Tax — a tax on private-sector payroll — and replace it with a new, larger levy modeled after Texas’ business margin tax. The effort gained so little traction in Carson City that the Democratic leadership, embarrassed, … [Read more...] about Texas Margin Tax: Always a Bad Idea: Margin Tax is More Destructive than Alternatives
February 2012: Around the State
UNR and DRI Reach Out to Business Community The Technology Transfer Office (TTO) for the University of Nevada, Reno and Desert Research Institute has created an Industry/Faculty Partnering Clinic. The program is one of three from the TTO designed to engage the community and enhance technology transfer, economic development and the relationship between the institutions and the … [Read more...] about February 2012: Around the State
Do you have foreign asset disclosure requirements?
Before quickly answering no, consider the following requirements and penalties. The dollar penalties for not reporting are very significant and can go as far as being criminal. The following items are not meant to be all inclusive. The first item is the Form TD F 90-22.1 “Report of Foreign Bank and Financial Accounts”. This form is used to report a financial interest in … [Read more...] about Do you have foreign asset disclosure requirements?
Industrial Summary: Fourth Quarter 2011
Las Vegas The Las Vegas Valley industrial market continued to demonstrate signs of weakness in both net absorption and pricing. The vacancy rate pushed upward to a new all-time high of 18.5 percent as 476,900 square feet of negative net absorption was reported during the fourth quarter. The vacancy rate is up 0.6 percentage points from the previous quarter, and a larger … [Read more...] about Industrial Summary: Fourth Quarter 2011
February 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 1.8 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. U.S. nonfarm employment rose by 200,000 jobs in December, and the unemployment rate fell to 8.5 percent. Both consumer … [Read more...] about February 2012: Business Indicators
What life lesson did you learn the hard way?
“I learned that the lack of loyalty I experienced with previous business dealings with other companies has made me take aggressive steps to make loyalty a core value in my company. This has been extremely rewarding and the main reason why we have been in business for over 50 years.” Jewell Creigh • President / CEO, Ute Construction Inc. “Life changes fast. If not managed … [Read more...] about What life lesson did you learn the hard way?