This issue of Nevada Business Magazine recognizes a group of remarkable home grown companies and the families that have made them successful. Unlike large corporations or governments, these businesses operate without a safety net. Their success is based on long hours, hard work and determination. As they strive to create a legacy for future generations, family-owned businesses … [Read more...] about Saluting Family-Owned Businesses: Helping Those that Help Themselves
Features
Heart & Soul: Nevada’s Downtowns
As economic indicators continue to paint a less than rosy picture of the financial health of the Silver State, public and private movers and shakers remain steadfastly committed to the future development and redevelopment of Nevada’s downtowns. With an unemployment rate of more than 14 percent and with 65 percent of its mortgaged homes underwater, according to recent figures … [Read more...] about Heart & Soul: Nevada’s Downtowns
Industry Focus: Transportation
Making Nevada a more convenient place to visit is only one of the missions the transportation industry has taken on. A new interstate, toll roads and traffic cameras are just some ideas up for discussion. Recently, executives representing transportation in Nevada met at Holland & Hart’s Las Vegas office to discuss the changing modes of transportation in the Silver … [Read more...] about Industry Focus: Transportation
Architects: Waiting for the Bounce
The steep fall from boom days appears to have reached its nadir for Nevada’s architects, but they are not yet finding a bounce up from the bottom. The barren landscape painted by a state economy no longer in free fall yet still far from recovery forces architects into unforeseen roles: marketers, net-workers and even nomads. They battle fiercely for the few projects that … [Read more...] about Architects: Waiting for the Bounce
Family Owned Businesses 2011
Click here to view the finalists … [Read more...] about Family Owned Businesses 2011
A Model of Failure: A New Study Exposes the Law Behind Nevada’s Educational Woes
If you were to build a business enterprise from scratch, you’d likely consider a number of different models — various ways to strike a proper balance between necessarily competing objectives. For example, while you would probably seek to offer competitive salaries or wages to your employees, you would also be mindful of the need to limit your overhead costs. Your goal, … [Read more...] about A Model of Failure: A New Study Exposes the Law Behind Nevada’s Educational Woes
Education Outlook: Slashed Budgets and Failing Grades
A year ago, the Silver State was ranked 50th in the nation for the quality of its public K-12 education, in an Education Week survey, and was reeling from monumental budget cuts for K-12 and higher education for the 2009-10 biennium that few felt we could recover from. Now, a year later, Nevadans face even greater cuts, totaling 29 percent from higher education, and 27 … [Read more...] about Education Outlook: Slashed Budgets and Failing Grades
School Vouchers: Could they be the answer for Nevada?
It’s no secret that Nevada’s education system is in trouble: our high school graduation rate of 41.8 percent is the lowest in the nation, and less than one-third of our minority students achieve a diploma on time. And the list of discouraging statistics goes on. The education crisis has produced a widespread ripple effect of negative consequences, not only for an entire … [Read more...] about School Vouchers: Could they be the answer for Nevada?
Banking on Nevada: A New Day
Though the recession was officially declared over in June, of 2009, Nevada’s recovery continues to lag behind that of the rest of the nation. There were more national banks than state-chartered banks involved in the residential mortgage and commercial real estates loan problems, but state-chartered banks in Nevada felt the impact through trickle down. “The pressure on banks … [Read more...] about Banking on Nevada: A New Day
Tourism: The Return to the Silver State
Tourism in the Silver State, which was hard hit during the peak of the recession, is improving, experts say. “I wouldn’t say it’s healthy, I wouldn’t say it’s recovered or robust. All of those would be an over-exaggeration,” said Jeremy Aguero, principal analyst with Applied Analysis, a Las Vegas-based consulting and advisory services company. As Nevada’s number one … [Read more...] about Tourism: The Return to the Silver State
Industry Focus: Minority-Owned Businesses
Minority-owned businesses in Nevada face a number of unique challenges. Recently, executives from minority-owned businesses met at the Las Vegas offices of Holland & Hart to discuss these challenges and whether or not being a minority-owned business today presents the same hurdles it may have in the past. Connie Brennan, publisher of Nevada Business Magazine, served as … [Read more...] about Industry Focus: Minority-Owned Businesses
Builders & Developers: Amateur Night is Over
Builders and developers statewide are holding on and doing what they need to survive along with the rest of America. While some see promise just up ahead, others are already turning their sights to 2012. In the meantime, savvy players are tightening their belts, keeping their eyes and ears open for both private and public works projects, looking to the lingering promise of … [Read more...] about Builders & Developers: Amateur Night is Over
America’s Premier City
The city of Henderson has laid out a welcome mat for growing businesses, and new corporations are moving to the city every year as a result. Henderson’s Economic Development/Redevelopment Division is a driving force, providing help to companies as they consider and ultimately implement expansion or relocation plans. USCB, originally founded as the United States Credit Bureau … [Read more...] about America’s Premier City
Unions Prevail, While Most Nevadans Struggle: Prevailing wage laws cost taxpayers billions
In the 2011 Nevada Legislature, lawmakers in the majority are again carrying water for organized trade unions — from the Keynesian “jobs fund” proposal to the mercantilist “Nevada Jobs First” proposal. Longtime Nevada residents know this is nothing new. It began in the 1930s, when legislators first adopted the state’s prevailing wage requirements on public works … [Read more...] about Unions Prevail, While Most Nevadans Struggle: Prevailing wage laws cost taxpayers billions
Balancing the State Budget: Hold the Line on Taxes
Think your job is difficult? How’d you like to be the one in charge of balancing Nevada’s budget - filling a gap between expenses and revenues that’s expected to reach $2.5 billion over the next two years? Governor Brian Sandoval is required by law to present a balanced budget to the Legislature, which he has done by crafting a series of concrete proposals that will take … [Read more...] about Balancing the State Budget: Hold the Line on Taxes