Employers in Nevada and every state have historically used unpaid interns for a variety of reasons, it being taken for granted that the research, filing and coffee-schlepping were necessary steps to career growth. Now, as 2014 gets underway, a series of closely-watched lawsuits may mean that the army of interns may not be back next summer—or at least not in the same … [Read more...] about Are Unpaid Internships Becoming a Thing of the Past?
Nevada business
The Left’s New Agenda: Minimum Wage Hikes and Unemployment Benefits Aren’t the Key to Prosperity
Capitalism did not create poverty—it inherited it,” observed individualist philosopher Ayn Rand. Over the past centuries, capitalism has eradicated the previous conditions of widespread famine and starvation and has elevated the living standards of the poor to a level previously unheard of, even for kings. Today, even low-income Americans commonly enjoy cell phones, … [Read more...] about The Left’s New Agenda: Minimum Wage Hikes and Unemployment Benefits Aren’t the Key to Prosperity
February 2014: Around the State
Sunrise Health Hospitals and H2U Partner to Open Health Centers for Employees Sunrise Health Hospitals and Health to You (H2U) have partnered to open three H2U health centers for hospital employee and dependents, approximately 8,855 individuals. MountainView and Southern Hills centers opened in January with the final clinic at the Sunrise and Sunrise Children’s Hospital campus … [Read more...] about February 2014: Around the State
Profit and Loss Statements: Sounds Simple. Is It?
Profit and loss statements are a great tool to monitor the profitability and health of a company. At first glance they seem fairly simple; however, there are some important things to remember when working with these statements. There is real life, and there are taxes. They look alike but one is an orange and the other is a tangerine. The profit and loss statement typically … [Read more...] about Profit and Loss Statements: Sounds Simple. Is It?
Nevada Real Estate & Development Report: February 2014
H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy. 89074 BUYER LVCSD … [Read more...] about Nevada Real Estate & Development Report: February 2014
Industrial Summary: Fourth Quarter 2013
Southern Nevada In 2013, the Las Vegas industrial market reported the highest net absorption since 2007. The vacancy rate at the end of 2013 was 13.8 percent, which represents a decline of 0.4 percent from the prior quarter. Compared to a year ago (Q4 2012), the vacancy rate reported an even more substantial decline of 2.6 percent. With no completions during the fourth … [Read more...] about Industrial Summary: Fourth Quarter 2013
Business Indicators: February 2014
The “third” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 4.1 percent, an improvement over the 3.6 percent growth reported in the “second” estimate. Higher levels of personal consumption expenditures and nonresidential fixed investment were responsible for the upward revision. Residential investment, net exports, and … [Read more...] about Business Indicators: February 2014
What do you enjoy most about being a business owner and/or executive?
“Each day presents opportunities to serve others and to find new and innovative ways to make my clients’ visions become realities.” Alicia R. Ashcraft | Managing Partner, Ashcraft & Barr | LLP - “The MDL Group supports every owner, executive and employee in giving back to the community. For example, I’m serving as CALV president, which allows me to interact with all … [Read more...] about What do you enjoy most about being a business owner and/or executive?
The Margin Tax Proposal: Initiative will Kill Business in Nevada
As a Nevada business owner or executive, you’re probably hoping that 2014 will be the year our state finally climbs out of the depths of the recession, but the so-called “Education Initiative,” which will come before the voters on the November 2014 ballot, could spell the end of any hopes for economic recovery. It has the potential to kill business in our state. Here’s a … [Read more...] about The Margin Tax Proposal: Initiative will Kill Business in Nevada
Tee Time: Traditional Golfing Business Models Get a New Swing
For generations, golf and business have gone together like steak and red wine. Business executives forged bonds as they stalked a golf ball on a four-plus-hour hike across a beautifully manicured countryside. They exchanged small talk and found time to talk a little business, if not on the course then certainly over a drink or a meal in the clubhouse. But times are … [Read more...] about Tee Time: Traditional Golfing Business Models Get a New Swing
Betting on Gaming in Nevada
Nevada and gaming go together like peanut butter and jelly. The industry has been Nevada’s foundation for so long it’s hard to think of one without the other. However, as gaming changes, Nevada has found itself adapting and learning to find new ways to earn revenue in a market that, it would appear, everyone wants a piece of. The bill allowing online poker in Nevada was … [Read more...] about Betting on Gaming in Nevada
An Industry Revived: Commercial Real Estate in Nevada
Nevada’s commercial real estate market has hit bottom and is recovering, albeit gradually and with some sectors stronger than others, experts said. Due to a confidence that the market is on the upswing, investors and tenants are willing to buy and lease. In fact, brokers completed some sizable deals in 2013, including the sale to Genting Berhad, a Southeast Asia casino … [Read more...] about An Industry Revived: Commercial Real Estate in Nevada
Seven Pitfalls To Avoid When Negotiating Business Contracts
1) Letters of Intent A “non-binding” letter of intent is commonly pursued when parties begin business discussions. Unfortunately, if one of the parties has a change of heart, the letter of intent may work against those who attempt to walk away. Certain phrases can cause the letter of intent to mean more than was originally intended. A court may interpret the letter of intent … [Read more...] about Seven Pitfalls To Avoid When Negotiating Business Contracts
January 2014: Around the State
Saint Mary’s Home Care Named in Top 25 Percent of Nation Saint Mary’s Home Care has been listed as a 2013 HomeCare Elite program which ranks the top-performing home health agencies in the nation. The home care program has been listed in the top 25 percent for providing quality healthcare service to the Northern Nevada community. Agencies in the listing are ranked by an … [Read more...] about January 2014: Around the State
Odds for success of PERS plan – Roughly 1 in 12 Quintillion: Nevada Retirees Risk Seeing Their Benefits Reduced as Money Runs Short
Aside from death and taxes, there are no sure things in life. Everything we do involves an element of risk. The question then becomes: How much risk is reasonable, given the stakes? In the private sector, most entrepreneurs have risked tens of thousands of dollars — or sometimes even tens of millions of dollars — pursuing opportunities to grow their businesses. They … [Read more...] about Odds for success of PERS plan – Roughly 1 in 12 Quintillion: Nevada Retirees Risk Seeing Their Benefits Reduced as Money Runs Short