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
Feature Story
Succession Planning in NevadaPassing the Baton
There comes a time in the life of a business when leadership must be passed from one generation to the next. After watching her paternal grandfather’s butcher shop go through liquidation and her maternal grandfather’s printing shop be sold off after an unexpected death in the family, Oksana Komarnyckyj, a merger and acquisitions advisor and managing director for IBG Business, … [Read more...] about Succession Planning in Nevada
Pizza Fridays, Robust 401Ks and Working RemoteThe State of Employment in the State of Nevada
One thing employers in every industry have in common right now: The inability to find employees. Nevada leads the nation with the highest unemployment numbers as of December 2023, but it's a job seeker's market. "Nevada is in a very unique position," said Christopher Sewell, director, Nevada Department of Employment, Training and Rehabilitation (DETR). "We have the highest … [Read more...] about Pizza Fridays, Robust 401Ks and Working Remote
Nevada’s Tech BoomThe Rise of Technology
Nevada continues to grow by leaps and bounds in population, industry and economic diversity. One of the areas where this growth is evident is in the technology industry. While Silicon Valley in San Jose, California, is still considered to be the “go-to” destination for all things tech, Nevada is beginning to chip away at that record. According to the website Tech … [Read more...] about Nevada’s Tech Boom
Charter SchoolsPublic Schools of Choice
Education in America can trace its roots all the way back to the Puritans of the 1600s. The first public school was established in Boston, Massachusetts and allowed only boys. Eventually, the school system grew and became the recognized K-12 system that is familiar to Americans today. In the 1960s, the first magnet school opened with the aim to increase diversity in the … [Read more...] about Charter Schools
Credit Unions In NevadaMembership and Community
Statewide, credit unions in metro and rural areas may have very different markets. However, the top issues they're facing are consistent when contrasted between credit unions and traditional banking, between Nevada and the rest of the U.S., and between metro and rural. "Overall banking issues are relatively consistent across the state and the nation as technology continues … [Read more...] about Credit Unions In Nevada
Legal OpinionsExpert Knowledge for Nevada Business Leaders
Legal knowledge is worth its weight in gold, and rarely free. Legal Opinions has compiled a host of attorneys, experts in their field, to provide information and resources on a variety of topics. Nevada Business Magazine has been publishing this feature since 2014. Articles in the 2023 edition of Legal Opinions cover a gamut of professional issues and provide business … [Read more...] about Legal Opinions
Upskilling NevadaA Look at the State’s Workforce Development Post-Pandemic
"Overall, Nevada's job market has been performing at a relatively strong pace post-pandemic," said Brian Gordon, principal, Applied Analysis. "The state continues to be near or at the top of the list in terms of overall growth performance nationwide. At the same time, Nevada has ranked atop the list in terms of the overall unemployment rate. So, Nevada is faced with this unique … [Read more...] about Upskilling Nevada
Nevada Legislative UpdateThe 82nd Session
In 1964, the Beatles sang “(Money) Can’t Buy Me Love” – the 82nd session of the Nevada Legislature proved that the Beatles were definitely right. Newly-elected Governor Joe Lombardo (R) and a legislature controlled in both houses by Democrats, began the legislative session with the largest budget surplus on record. At the December meeting, the Economic Forum … [Read more...] about Nevada Legislative Update
Charter SchoolsA Voice and a Choice
Since charter schools emerged in the 90s, legislators, educators, parents and communities across the state of Nevada have been working together to ensure student access to a personalized education. And, data suggests that what they are doing is working. What is a Charter? Charters are a concept which dates back centuries. Dr. Kimberly Regan, CEO and founder of … [Read more...] about Charter Schools
Investing in NevadaUncertain Investments, Potential Payoffs
"Overall, we're in a very fearful time, very uncertain, and people tend to get very concerned and uneasy [about investments] because it's about their future," said Brian Loy, CFA, CFP, Wealthspire Advisors. "Money is emotional. As much as we want to be rational beings and make smart business decisions, at the end of the day, it's emotional." Where Investors Are Parking Their … [Read more...] about Investing in Nevada
Mining in NevadaA Shift in Perspective
Mining has a bad reputation. While images of dusty coal miners digging in caves with little to no ventilation and leaving scarred landscaping in their wake are often some of the first images that mining conjures, they are not a reflection of modern-day mining in the United States. Mining has evolved from its humble roots to become a sophisticated industry that is not only … [Read more...] about Mining in Nevada
The Making of a NameBranding with Intention
In today’s digital world, intentional business branding is the lifeblood of any company. And while it usually is thought of as creating a logo with a specific color palette and design, the reality is that true business branding goes beyond what can be printed on a product or displayed on a company website. At its heart, business branding is a multi-elemental process that seeks … [Read more...] about The Making of a Name
Mergers + AcquisitionsMoving Forward in Nevada
These are unprecedented times. From a recent global pandemic to rising inflation, the uncertainty of the world is being felt in nearly every industry and sector of business. And for those looking to acquire or merge a business, all eyes are, rightly, on current events. Yet, despite rising concerns and challenges, Nevadans are continuing to buy and sell, and business in the … [Read more...] about Mergers + Acquisitions
Medical Education EvolutionThe Making of the Kirk Kerkorian School of Medicine
Medical education in southern Nevada has had a rocky road to fruition, enduring several evolutions to get to where it is today. On seemingly the rockiest path of Nevada’s schools offering medical doctorates, which include Touro University, Roseman University and the UNR School of Medicine, is the Kirk Kerkorian School of Medicine which graduated its first class in … [Read more...] about Medical Education Evolution