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Organizations throughout the state depend on a strong board to serve their membership. The countless individuals that donate their time, energy and talents to serve various non-profit entities, go largely unrecognized. In this issue of Nevada Business, we honor professionals that have gone beyond expectation and have shown a strong commitment to the organization they … [Read more...] about Outstanding Board Members

Business in Nevada is reflective of the nation as a whole—rampant uncertainty. A decrease in consumer spending impacts both manufacturing and the distribution of goods and a slow economy creates a cash flow problem across the board. “Not only do you have to be concerned about the financial health of your own company,” said Greg Sanders, vice president and general manager of … [Read more...] about Nevada’s Manufacturing and Distribution Industries: Meeting a myriad of challenges

Almost everything you need to give your business a world-class infrastructure is just a Web click away. A well-implemented, on-demand computing and communications outsourcing (or “Web sourcing”) strategy can set your firm up for success with big-business features at lower costs. The place to start for many businesses is with core requirements such as phone and e-mail. Using … [Read more...] about Use The Web To Do More With Less: Business broadband is the answer

In recent months and years, terrorist threats, the floundering economy and a deteriorating education system have rocked our nation’s core and caused us to reevaluate our values and priorities. Every day, we are bombarded with headlines regarding these events. But there is another issue that stands to define our future as much as any major event in the last 30 years— the rising … [Read more...] about Rising Healthcare Costs: How do we contain it?

In today’s environment, virtually every business is interested in two things – going green and saving green. The Regional Transportation Commission of Southern Nevada (RTC) is doing its part with its Club Ride commuter services program. Since launching Club Ride in 1999, the RTC has been on a mission to change the way Las Vegans get to work. The full-service Club Ride … [Read more...] about RTC’s Club Ride: Gets employees and employers moving in the right direction

“If politicians remain in the saddle and ride the private sector, the entrepreneurs who have powered America’s growth in the past will be displaced by lobbyists with access to the government honeypot.”   - Irwin Stelzer, senior fellow and director of Hudson Institute’s Center for Economic Policy Every day we hear about another federal program labeled “economic bailout,” … [Read more...] about Government Bailouts: Economics or politics?

John Maynard Keynes is, of course, the famous economist who is credited with developing the subfield of macroeconomics – sometimes just called Keynesian economics. The American shift to Keynesianism began in the 1930s, and accelerated following the publication of Keynes’ General Theory of Employment, Interest and Money. Indeed, much of the New Deal was largely a result of his … [Read more...] about Welcome To The Long Run: Keynesian economics have been the downfall of American policymaking.

As varied as the number of reasons that individuals and families make philanthropic gifts, so are the methods by which they can structure their donations. The following information details the mechanics and advantages of some of the more popular gifting solutions. Most charitable vehicles can be placed in one of four board categories. Direct Gifts Direct gifts are the most … [Read more...] about The Diversity Of Giving – Part II: The charitable toolbox

YES Should the DMV be privatized? That is like asking if kids should eat their vegetables. If you ask the average citizen to name the three most inefficient, aggravating organizations to deal with, you will likely get back, in no particular order, the post office, the IRS and the DMV. It is no coincidence that all three are government-run operations. And at the heart of the … [Read more...] about State the Issues: Should the Department of Motor Vehicles be privatized?

It is no secret that the mainstream media feeds on disasters, crises and tragedies. Ever since the U.S. economy entered its current downturn, so-called experts have filled the airwaves and syndicated newspaper columns with dire predictions of the next Great Depression, complete with breadlines and tent cities. Pick up any newspaper or magazine, listen to any cable TV station … [Read more...] about The Sky is Not Falling: Do not let fear determine your future

Choosing a bank for your business is significantly different than choosing a bank to handle your personal finances. Having the right business bank on your side can help your company begin, expand and achieve financial prosperity. While numerous locations and an ever-expanding array of services might be important for your personal banking, business banking requires planning, … [Read more...] about Identifying a Strong Business Bank: Asking questions is imperative

A financial storm is brewing on both Wall Street and Main Street. A gaping lack of confidence has halted institution-to-institution and institution-to-consumer lending and current expectations indicate that lending will remain paralyzed through the coming quarters. Economic turmoil is impacting every facet of business in this country, and an interesting story is taking place … [Read more...] about Credit Unions: Unfair or necessary financial entities?

There is a simple reason why banks have been so reluctant to loan to other banks. More than anyone, bankers know what banks do. Fractional-reserve banking, after all, is the business of legally lending out money one does not have, all the while hoping that large numbers of your depositors do not show up at the same time demanding their money. In the short term, it … [Read more...] about Artificial Credit: Bad monetary policy from Washington, D.C.

Scholars, philanthropic advisors and wealth planning experts have described the early 21st century as the “golden age of philanthropy.” Indeed, it seems as if each day brings a new headline touting the latest charitable activities of the rich and famous. As wealthy households increase their contributions, the growing number of worthy causes to support can be overwhelming. … [Read more...] about The Diversity of Giving: Exploring the path to philanthropy

There can be no question that the current economic downturn - now labeled a crisis - will present obstacles to Nevada Legislators when they convene on February 5, 2009. They are facing challenges not seen since the early 1980’s, which will require difficult decisions and delicate compromise, particularly when it comes to budget reductions. And yet, the necessity for a hard look … [Read more...] about The State’s Tax Structure: Current climate provides opportunity for review