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“We have always done it that way!” is a statement heard all too often when asking why an organization does things the way it does. The fallacy in that approach is obvious when considering that a successful business operations, like anything else, must adapt with the times, and to continue to do things as before can have huge repercussions. Surprisingly, the insight originates, … [Read more...] about “We have always done it that way!”: It’s Time for Change

As Governor, I pledged to Nevada’s families and business owners that I would keep their taxes low and affordable. Doing so will ensure that businesses and consumers are not forced into shouldering the burden of runaway government spending. In the Nevada State Legislature, in Congress and now as Governor, I remain steadfast in my commitment to ensure that taxpayer dollars are … [Read more...] about How will Nevada benefit from lower taxes and fiscal policies? Low Taxes and Responsible Fiscal Policies: Path to Nevada’s Future

Whether a business is seeking funds for working capital, equipment or inventory, construction, or for any other reason, a lender will assess credit worthiness based on five factors known as the “Five Cs of credit.”  These are: 1. Capacity to pay bills and repay the loan through a comparison of revenue against reoccurring debts; 2. Collateral as security for the … [Read more...] about Smooth Sailing with Financial Lenders: Understanding the Five Cs of Credit

More than 5,000 Nevadans are members of the National Guard or Reservc, and most have full-time jobs in the private sector. Now that more than half of our active-duty military forces come from Reserve or National Guard units, reservists are dealing with problems they didn’t have in previous years. They are facing deployments that can last up to two years, and they may be sent … [Read more...] about Guard and Reserve Member Employees: Are You Complying with the Law?

There has been a steady evolution in the workplace in terms of how businesses regard diversity. Historically, diversity was associated with affirmative action plans requiring some businesses to hire and promote under-represented groups of women and minorities. The goal of affirmative action was to assure that the workforce demographics of businesses were representative of the … [Read more...] about Diversity in the Workplace: A Broader Scope

Minority-owned businesses are an integral part of Nevada's economy. Last year, $1.8 billion worth of services were purchased from minority-owned and operated businesses, according to the Nevada Minority Business Council, an organization that pairs minority-owned businesses with corporations. Here's a look at some of the state's minority business owners and their companies. … [Read more...] about Minority-Owned Business: Achieving the American Dream

The mortgage industry took a turn for the worse last year, as many people were forced to foreclose on their new homes and mortgage companies were compelled to close their doors. Foreclosures contributed to near-record-level inventory in a housing market that, recently, had so few homes available for sale, new listings often ignited bidding wars and residential developments had … [Read more...] about Mortgage Brokers: He Said, She Said

Quick: what’s a six-letter word that if you use over and over, might just win you the most important elected office in the free world? That magic word is … change. Give yourself a gold star if you guessed correctly. It is the word that is on the lips of every major presidential candidate this election year. Whether they’ve been in office for decades, or around politics only … [Read more...] about The Change Dynamic: Simply Political Strategy

Few today would argue against a significant deterioration in the residential and commercial real estate markets having occurred, both nationally and locally. As owners of troubled real estate projects weigh their options in the face of impaired cash flows, completion delays, delinquent payments and declining property values, their lenders and landlords will search for ways to … [Read more...] about The Real Estate Workout Equation: What Both Parties Should Know

INC magazine recently ranked Las Vegas-based Gatski Commercial Real Estate Services as one of the 5,000 fastest-growing privately held companies in the nation. Gatski Commercial manages and maintains commercial property for a variety of owners, ranging from large institutional owners to the family investor. The company currently has more than five million square feet in its … [Read more...] about Gatski Commercial Real Estate Services: New Divisions Propel Growth

Subcontractors’ work accounts for about 78 cents of every dollar earned at Martin-Harris Construction, a Las Vegas-based general contracting firm. At some companies that percentage is higher. In essence, subcontractors are crucial to general contractors and the construction industry’s residential and commercial segments. Currently, they’re in abundant supply throughout … [Read more...] about Subcontractors in the Silver State: Experience Market Shake Up

In the classic movie Groundhog Day, it takes Bill Murray’s character years and years before he finally gets it right. According to calculations by Harold Ramis, the film’s director, Phil the weatherman spends about 10 years repeating the same day. In the original screenplay, that actually took thousands of years. Phil’s real problem is himself. He suffers from egocentrism, … [Read more...] about Repeat Offenders: Genuine Reform Needed to End Corruption at UMC

“The refund was higher than expected because your income was taxed at a flat 15 percent.” Wouldn’t that be good to hear from your tax advisor? The nature of complex tax planning, and good tax planning is indeed fluid, however, there are staple strategies to endure and should be used as a platform for creating a tax plan that reduces taxes paid currently, annually and even for a … [Read more...] about Increasing Your Net Worth: The Five Staples of Effective Tax Strategy

In today’s volatile economy, many companies are making some very difficult decisions in order to stay competitive and avoid going out of business. The housing market nationwide has impacted a huge number of builders, subcontractors, building suppliers, landscapers and many others, resulting in layoffs. As organizations attempt to resize themselves to match the decrease in … [Read more...] about Organizational Contingency Planning: A Critical Strategy

So many choices: paper or plastic, 700 anytime wireless minutes or 1,200 anytime wireless minutes? While communications companies offer multiple services, business customers are trying to figure out ways to cut through the clutter and determine what they really need, not necessarily what is common. Decisions made about which type of communications services and equipment to … [Read more...] about Bundle Up Your Business: Tips for Choosing the Right One