Intra-family business transfers are unsuccessful more often than not. In fact, only 30 percent of family-owned businesses survive a transition from the first generation to the second, and only 13 percent survive a transition to the third generation.
Jennifer Braster, managing partner, Maupin∙Naylor∙Braster law firm
In the past six years, compound pharmacies, which customize prescriptions according to a physician’s specifications, have spread in Southern Nevada. The niche market is growing both locally and nationally.
This week, The Las Vegas Business Press takes a look at just a few of the Las Vegas Valley’s small family-owned businesses. These types of small companies are found in most all local industries throughout Southern Nevada. We talk to these families about their unique challenges and rewards in working together and navigating the ever-changing economic climate.
Bob Weidauer is no stranger to real estate.
Bank of America will distribute $120,000 in grants to eight nonprofit organizations working to increase access to affordable housing and supporting neighborhood revitalization. Funding will help low-income residents struggling due to a lack of affordable housing and enable them to access the resources they need to lay a foundation for a stable financial life.
Las Vegas-based Affinity Gaming, which holds gaming operations in Las Vegas, Primm, Colorado and parts of the Midwest, has entered into an agreement to be acquired by a New York-based private equity firm.
In a market full of Mexican restaurants, Nacho Daddy has carefully carved out its niche among Las Vegas locals as a dining experience that caters to casual family diners and young millennials looking for a high-energy, late-night restaurant in a social environment. With its Aug. 17 grand opening, two years after expanding to downtown Las Vegas, the Nacho Daddy brand made the ultimate leap to the Las Vegas Strip.
This month, the Las Vegas business community lost two men — E. Parry Thomas and Joel Bergman — who helped shaped the city and its iconic Las Vegas Boulevard.
Curacao, a Los Angeles-based department store, is making its Las Vegas debut this fall.