Owners of small and medium-sized companies in Nevada increasingly seek bank loans to finance their growth into new and expanding markets as the state’s remarkable economic rebound continues. The good news: As the recession slips farther into the past, many companies are beginning to show three, four or five years of the solid financial performance that bankers want to see … [Read more...] about The Lending Window is Open: Financing in Nevada
Features
Industry Focus: Senior/Assisted Living
Despite staffing challenges and affordability concerns, Nevada’s senior and assisted living communities pour their heart and soul into providing the best care for this growing population. Recently, a group of senior and assisted living executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, … [Read more...] about Industry Focus: Senior/Assisted Living
Family Owned Businesses 2015
Congratulations to the 2015 Family Owned Business Finalists As the fifth annual ceremony, this year marks an important milestone for the Family Owned Business Awards. With over 240 companies having been honored over those five years, this event provides much needed recognition to hardworking business owners throughout the state. However, without the support of the sponsors, … [Read more...] about Family Owned Businesses 2015
Slow & Steady: Nevada’s Luxury Home Market Regains Traction
A newly built, 6,400-square foot, 5-bedroom, 5-bathroom custom home in Incline Village with Lake Tahoe views sold about seven months ago for $5.1 million. The two-story boasted hickory floors, granite countertops and fireplace, knotty alder cabinets and doors, vaulted ceilings, a heated driveway, elevator, first-floor master, game room, wine closet and deck and more. The … [Read more...] about Slow & Steady: Nevada’s Luxury Home Market Regains Traction
The Solution to Education: Do What Works
The Nevada State Government needs to stop throwing good money after bad; and, it should begin now. As business people, we have just a few days to affect our Nevada State Legislators and what they do, and do not, vote for. What do you plan to do? Sit back and be complacent and then suffer the consequences, or do you plan to be part of the solution? It seems government is … [Read more...] about The Solution to Education: Do What Works
Nevada’s Utilities
Utility movers and shakers in Nevada continue to be optimistic as they strategically manage new technologies, increased regulation, customer growth and a changing portfolio mix of options. Regulations A regulatory agency that ensures investor-owned utilities comply with laws enacted by the Nevada Legislature, the Public Utilities Commission of Nevada (PUCN) oversees a broad … [Read more...] about Nevada’s Utilities
Nevada Taxes Reaching Deeper
Hall of Fame baseball player Yogi Berra once said it is deja vu all over again. He wasn’t wrong if he was describing Nevada politics and biennial efforts to create a tax code that can better withstand economic recessions. Nevada lawmakers have recently been debating another proposed tax increase geared towards adding funds to the state’s woeful educational system. In total, … [Read more...] about Nevada Taxes Reaching Deeper
Trending in Henderson
From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...] about Trending in Henderson
Industry Focus: Credit Unions
Strengthened by a collaborative spirit, credit unions that have made it through the recession work to provide quality services for their members. Recently, Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...] about Industry Focus: Credit Unions
Healthcare Check-Up: Nevada Works to Deliver Health Amid Shortages
At this point in the year, the initial stages of the Affordable Care Act (ACA) have already been implemented. The results show that, while the state has moved forward in many healthcare arenas, Nevada still has a long road ahead. More Nevadans Covered Data showed that during the recent enrollment period, 72,000 Nevadans applied for and enrolled in health insurance plans … [Read more...] about Healthcare Check-Up: Nevada Works to Deliver Health Amid Shortages
If You Build It, Will They Come?
Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...] about If You Build It, Will They Come?
The Emperor Has No Clothes: Businesses Must Speak Out on Governor’s Tax Plan!
Most of you remember the fable that tells of a leader who showed up naked, yet was so powerful that no one said a word. Our Governor has shown strong leadership during our state’s worst economic crisis and enjoys high ratings among Nevadans. However, his plan for imposing the highest tax in Nevada’s history leads me to believe he is either anti-business or simply doesn’t … [Read more...] about The Emperor Has No Clothes: Businesses Must Speak Out on Governor’s Tax Plan!
Nevada’s Top Residential Real Estate Agents
Residential real estate agents in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry. Going from an unsustainable boom economy to a market that adds another dimension to the word drought, real estate agents have been on a roller coaster ride. However, as the economy experiences an upswing, so too does the residential … [Read more...] about Nevada’s Top Residential Real Estate Agents
A New Hope: Power Poll 2015
With the recession having reaffirmed Nevada’s “Battle Born” motto, this recovery has added a new twist on another name for this state, the Silver State. Company owners and executives are seeing the silver lining in a tough economy as businesses grow and are leaner and more efficient than ever. And, while hopeful of the sustainability of this growth, executives remain cautious, … [Read more...] about A New Hope: Power Poll 2015
Industry Focus: Marketing
With new digital platforms popping up left and right, the marketing industry keeps pace to push Nevada businesses forward and out of the recession. Recently, a group of marketing executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...] about Industry Focus: Marketing