Research done prior to the pandemic showed that 70 percent of small businesses that received mentoring survived more than five years, doubling the survival rate of non-mentored businesses. The uncertainty of the post-pandemic business landscape in Las Vegas is likely to increase the need for solid guidance and mentorship to get small businesses on a path toward recovery. Here are three important steps Las Vegas business owners can take to get the advice they need to keep moving forward.
When COVID-19 hit, nearly half of small businesses had to furlough or lay off staff members. But as the economy reopens in Las Vegas and businesses rebuild, you may be ready to hire or rehire. Deciding how to staff your business may be heavily influenced by the ongoing pandemic in Las Vegas, even as you rebuild for the future. These four steps can guide you through the hiring process:
Jobs are opening up by the thousands in Las Vegas, but many individuals are not looking for jobs. They’re looking for stability.
This week, I have invited local attorneys Gregory P. Kerr and Michael T. Schulman of Wolf, Rifkin, Shapiro, Schulman Rabkin to explain new laws that will affect Las Vegas communities and the state’s homeowners associations. This is a three-part series that takes an in-depth look at the new laws. This week, we will cover Senate Bill 72. Next week we will address Senate Bill 186.
The month of July is dedicated to local and independent retailers across the country. Before the end of the month, choose a Las Vegas retailer you have not shopped at before to visit and show your community small business support.
Your business is unlike any other. Yet many Las Vegas companies, including manufacturing, wholesaling, retailing and professional services firms, go through several phases in their operating cycles that are broadly similar. The details and timing of these steps may vary greatly, and some or all of them may overlap. However, it’s likely that your operations can be grouped into four fundamentally distinct steps — and each one calls for different types of financial solutions.
With all of the recent news pertaining to short-term rentals, I thought it would be important to provide specific information per city and county regulations.
The 81st Nevada legislative session has come to an end after a full 120-day session. Beginning on Feb. 1 and ending at midnight on May 31, legislators addressed a wide range of policy proposals as well as the biennial budget. Additionally, even though relief funds from the American Rescue Plan have not been received, legislators set a number of priorities to allow for swift allocation once the funds have been passed to the state. Below is a summary of several bills that were highly debated during this session.
If you’ve even been casually browsing real estate listings in recent months, you probably know that the market is very hot right now. Not only has the average home value in Las Vegas increased by 12.6 percent over the past year, according to Zillow, but the median existing home sale price in May was more than 22 percent higher than it was a year ago.