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
Nevada business
MultifamilyCommercial Real Estate
Multifamily dwellings can be found in high numbers throughout every major city in America and Nevada is no exception to this rule. Choosing to rent a home instead of purchasing a home can result from a variety of different circumstances. These reasons can be income driven, lifestyle preference or it could simply be a timing issue where an apartment is quicker to settle into for … [Read more...] about Multifamily
The Illusion of TruthDoes Real Truth Exist?
In our fast-paced world, where we are bombarded with information, it's tough to know what's true. A buddy of mine recently said something that stuck with me, “There is no such thing as truth… it changes moment by moment, and no one can agree upon what it is… it is totally unreliable… the world is full of lies and deception… that’s the truth.” Kinda scary, right? If we can't … [Read more...] about The Illusion of Truth
Engineering in NevadaBuilding the Foundations
Nurses and teachers receive widespread approbation for their contributions to society. Rightly so. Another group, however, rarely receives such accolades while their work reaches to the very foundations of our society: engineers. “I think engineers are unsung heroes. They’re at least unknown heroes in our communities. Very few people realize that engineering touches every … [Read more...] about Engineering in Nevada
A Year Makes a World of Difference to Water and Other Matters
What a difference a year makes in the water outlook for Nevada. In July 2022, Lake Mead dropped to its lowest level since it was being filled in the 1930s. Northwestern Nevada rivers, the Carson and Truckee and other watersheds in the state were experiencing major droughts, as was all of the Southwest. In November 2021, scientists, public officials and media in Colorado had … [Read more...] about A Year Makes a World of Difference to Water and Other Matters
More Restrictions on EmployersLawmakers Overstep Again!
As if business owners didn’t already have enough rules, restrictions and guidelines governing our employees, AB 190, pushed and passed by the Democrats, imposes even more. The recently enacted law is touted as a savior for employees needing to care for sick family members. However, it’s another burden, and example of government overreach by the legislature. I firmly believe … [Read more...] about More Restrictions on Employers
NAIOP Southern Nevada2023 Bus Tour
Start Your Engines NAIOP Southern Nevada’s Bus Tour Committee is proud to present the 2023 “Race For Space” Bus Tour. These past few years have certainly sped by! Despite the fact that there is a bit of uncertainty in the debt markets, Las Vegas has seen record levels of demand in all asset classes, and it doesn’t seem like investors, tenants, or developers are letting off … [Read more...] about NAIOP Southern Nevada
Retail ReinventedThe Changing Face of Commercial Real Estate
Retail is a world that constantly reinvents itself to appeal to newer generations, the latest trends or a fluctuating economy. Today the retail world is completely different than it was at the turn of the century, and that retail was different than the one that came twenty years prior. The last decade has seen consumers begin to climb out of a recession only to be thrust into a … [Read more...] about Retail Reinvented
Business IndicatorsNovember 2023
The third estimate of U.S. real gross domestic product (GDP) for 2023Q2 remained unchanged from the second estimate reported last month, with an annualized expansion of 2.1 percent. The third estimate update was shaped by a decrease in consumer spending and imports, alongside upward revisions in nonresidential fixed investment, exports, and inventory investment, mitigating the … [Read more...] about Business Indicators
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
The Evolving Face of CybersecurityThreats and Counteroffensives
"Imagine walking into your office Monday morning and every computer has a ransom note on it," challenges Sean Connery, chief security officer, Orbis Solutions. "All your data has been encrypted so that you cannot process it. The bad actors most likely have been in your system for days, if not months, and deleted all your backups. [They] know how much your insurance will pay … [Read more...] about The Evolving Face of Cybersecurity
Safe and SoundMaintaining Worksite Safety
Type “lunch atop a skyscraper” into a web browser and a photo of eleven construction workers unharnessed and enjoying a lunch break hundreds of feet above Manhattan will pop up on the screen. While staged as part of a publicity program, this photo attests to the fact that, in the past century, safety regulations have changed. Today, builders, contractors, subcontractors, … [Read more...] about Safe and Sound
Scott Allen Frost
CEO of Titan Brands Hospitality Group Type of Business: Multi-Unit Restaurant OperatorBased: Las VegasHails from: Reno Years Org. has been in Nevada: 7Years with Organization in Nevada: 7Employees in NV: 15 What has been instrumental to your success? Extreme adversity – I made [success] extra hard by breaking my neck in an off-road motorcycle accident while we were … [Read more...] about Scott Allen Frost
How Nevada Stacks Up2023
Much like the rest of the nation, Nevada has both strengths and weaknesses. Although hit hard during the recent pandemic, the Silver State now boasts a thriving travel and tourism industry and numbers that reflect a strong housing market. And for businesses looking to start up or relocate, Nevada shines with its tax friendly business environment and low energy costs. However, … [Read more...] about How Nevada Stacks Up
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