Owning a business is challenging enough, but it can be overwhelming when you compound employee issues with economic slowdowns, uncertain supply chains, and a public health pandemic.
In our decades long experience working with a wide variety of Las Vegas small business, one recurring theme seems to stand out. We have found that many Las Vegas business owners don’t really know how to read financial statements. A company’s financial statement is the “blood test” of that business and can reveal all kinds of critical information about a firm’s health. Understanding the following financial metrics can be invaluable in… Continue Reading
Regardless of size, industry, or establishment, there’s not a single Las Vegas business in existence that’s immune to financial rough patches. For startups, in particular, statistics show that half will fail within the first four years, and the second most common culprit behind that failure is a lack of working capital. With the right cash flow strategy, you… Continue Reading
The determination, dedication, and the endurance displayed during the Olympics are the exact ingredients needed to become successful in business.
Southern Nevada received some positive economic news and what some might consider not such positive news about future population growth.