The ability to get financing when needed is critical to most businesses. "The important thing to know is how vibrant Nevada is right now," said Bruce Ford, senior vice president, City National Bank. "Nevada is economically vibrant and we anticipate it will only grow more vibrant. This is a great time to be a business owner in Nevada." Approaching mid-year 2024, there's money … [Read more...] about Money 2024
Features
Game OnThe Highlights
Following is an inside look at the business of Nevada sports showcasing the news and features of this vibrant industry. In this issue, Game On covers the business sports highlights from recent months. In addition, read on for a contributed article from Melanie Stafford with the Nevada Youth Soccer Association to learn how professional and youth sports impact one another in … [Read more...] about Game On
Industry FocusArchitects
The architecture industry in Nevada is as old as Nevada itself. And architects have always maintained a level of public respect for their contributions. However, in recent years their reputation has waned, and the industry is struggling to produce the next generation of architects in Nevada. Plagued by limited natural resources, bureaucratic red tape and limited education … [Read more...] about Industry Focus
2024 Nevada Business AwardsBattle Born
Nevada State Bank Nevada State Bank is proud to be the presenting sponsor of the 2024 Nevada Business Awards, joining with business leaders across the state to recognize and celebrate the accomplishments of outstanding local companies. Each business being honored is unique, with its own history, its own set of challenges to be overcome and its own list of victories over … [Read more...] about 2024 Nevada Business Awards
Power Poll 2024Nevada’s New Normal
Once thought to be an exception to national trends, Nevada is “recession-proof” no more. From the 2008 real estate crisis to the current workforce woes and housing hardships, Nevada businesses have been through the proverbial wringer over the past several years. An informal tracking of Nevada executives' thoughts on the economy, the state of industry and various social and … [Read more...] about Power Poll 2024
Industrial Projects Transforming Nevada
Industrial projects at both ends of the state, especially big-box warehouse and distribution facilities, are playing a pivotal role in diversifying Nevada’s tourism-dependent economy. Large tracts of empty land are being transformed into industrial parks and high-tech hubs that increasingly attract out-of-state companies seeking proximity to West Coast markets without high … [Read more...] about Industrial Projects Transforming Nevada
ReD ReportIndustrial Summary First Quarter 2024
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 114 million sq. ft. at the close of Q1 2024. There was over 2.7 million sq. ft. of new product delivered to the market in Q1 2024. The construction pipeline had over 960,000 sq. ft. underway with another 17.3 million sq. ft. in various planning stages. The overall average asking … [Read more...] about ReD Report
Clock Is Ticking on Useless Grass, Cash IncentivesRebate for Nonfunctional Grass Conversion Projects Will Be Reduced in 2025
Time is quickly running out for businesses, HOAs and multifamily properties to get the most out of the cash incentives offered by the Southern Nevada Water Authority (SNWA) for replacing thirsty non-functional grass with drought-friendly landscaping. The SNWA recently approved changes to the Water Smart Landscapes rebate program that will decrease cash incentives for … [Read more...] about Clock Is Ticking on Useless Grass, Cash Incentives
Options for ExitHow to Choose the Right Buyer for Your Business
A version of this article first appeared on EideBailly.com. When planning for transition, one of the first questions you’ll need to ask is: Who is going to buy my business? Knowing the characteristics, motivations, and implications of each kind of business buyer can help you decide which to pursue. Strategic Buyers Family Members: Family succession is one of the most … [Read more...] about Options for Exit
The Las Vegas Valley Water Districtis Always Listening for Leaks
Nobody wants to stumble upon a water leak. That's especially true for the engineers at the Las Vegas Valley Water District (LVVWD). That’s why they’re working to find those water system leaks before they turn into emergency situations. The LVVWD is working to expand its already robust leak detection program by testing all pipelines 24 inches in diameter and larger every five … [Read more...] about The Las Vegas Valley Water District
Cash-Back OffersEncourage Nevada Businesses to Save Energy
Thanks to ongoing innovations that lead to more energy-efficient equipment, reducing energy costs 20%-30% at any business is made easier. And with the cash-back incentives and technical support from NV Energy’s Business Energy Services (BES), adopting these innovations at businesses across the state is an affordable goal. Whether it’s new construction or a retrofit, … [Read more...] about Cash-Back Offers
Quality Access + CostNevada Healthcare Checkup 2024
There used to be a joke about healthcare in Nevada that went something like this: Where do you go for the best healthcare in Nevada? The airport. The joke doesn't hold up. Today Nevadans don't need to leave home to access the healthcare they need. That's not to say the industry isn't facing challenges, especially in light of ongoing inflation and the lingering … [Read more...] about Quality Access + Cost
Is There Life Out There?Post-Sports Careers
There's something to be said about finding a purpose in life. A developing mind helps mold an identity as growth and maturity are established at a young age. For many, it takes once in their life to understand what they've been called to do. But for professional athletes, the twists and turns on what can be a lonely and winding highway, things can be very different while trying … [Read more...] about Is There Life Out There?
Industry FocusBrokers
There are plenty of unknowns when it comes to the future of commercial real estate in Nevada. From fluctuating interest rates, to ever changing markets, brokers are focused on staying on top of the shifting sand. Recently, a group of brokers met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the status of commercial real estate in Nevada and … [Read more...] about Industry Focus
AudaCityHenderson
Henderson American author John Calvin Maxwell once said, “A leader is one who knows the way, goes the way and shows the way.” Henderson has never shied away from being first on the board and blazing a trail for others to follow. But that takes more than guts. We lead with a strong vision, a strategic plan and an unwavering commitment to do what it takes to achieve our … [Read more...] about AudaCity