• Carson Now on Facebook
  • Follow Carson Now on Twitter
  • Follow Carson Now by RSS
  • Follow Carson Now by Email

Nevada Consultants Weigh In On Conflicting Reports Assessing State’s Business Climate

CARSON CITY – Last year Gov. Brian Sandoval was pleased to display a copy of Chief Executive magazine in which Nevada ranked 5th best among the states as a place to do business based on a survey of more than 600 chief executive officers.
Nevada’s ranking has since fallen to 10th but remained in the Top 10 this year.
More recently, however, CNBC scored all 50 states on 10 categories of competitiveness, including the cost of doing business, workforce and quality of life. Nevada found itself wanting in the review, placing 45th in the analysis.

Such studies come out on a fairly regular basis, some rating Nevada highly and others giving the state poor marks.
So who is right?
Jeremy Aguero, a principal analyst with Las Vegas-based Applied Analysis, a financial advisory and economic consulting firm, says that while he appreciates the effort put into the studies, he doesn’t see the reports as overly useful.

Jeremy Aguero of Applied Analysis

“We don’t spend a whole lot of time on them, nor do we see them as being remarkably valid or important to the process,” he said. “Economic development, like anything else to most business people, is a consideration that must be unique to them.”
Multiple factors from tax structure to the ability to move goods play important roles in such decisions for businesses based on what their companies do, Aguero said.
“So this idea that you can sort of paint the economy with a broad brush I don’t think is very fair or very helpful,” he said.
Lisa Mayo-DeRiso of Las Vegas, who assists people seeking to start new companies and invest in Southern Nevada businesses, said the truth of the divergent studies is likely somewhere in the middle.
“Do you meet up with somebody who is very positive and has a great attitude about Las Vegas, or do you run into people that maybe don’t have as positive an attitude,” she said. “I think a lot of it depends on what conversations you have as you look at doing your due diligence.”
Mayo-DeRiso, president of Mayo & Associates, said interest in Southern Nevada appears to have increased in recent months.
One new and innovative business, Blue Oasis Pure Shrimp, is growing shrimp in Southern Nevada to produce a locally grown, healthy product to provide to the hotel industry. The 40 million tourists who visit Las Vegas each year consume 22 million pounds of shrimp, she said.
“Now you are meeting demand and you are creating jobs to meet that demand,” she said.

Lisa Mayo-DeRiso of Mayo & Associates

Mayo-DeRiso said certain industries make a lot of sense for Southern Nevada. Medical facilities and medical tourism, for example, have great potential because the area is so under served in this area, she said.
Having worked on several business relocations that took as many as seven years to conclude, it is clear that bringing in a company is a time-consuming process that can’t be accomplished quickly, Mayo-DeRiso said.
“If anybody tells you you can move an industry here in a year, or two years, they’re crazy,” she said.
Mayo-DeRiso is upbeat about Las Vegas.
“I think everybody has to have a positive attitude, all the way from the governor all the way down to the people that give out land entitlements or work with people on leasing space and so forth,” she said.
Guy Hobbs of Hobbs, Ong & Associates, a Las Vegas consulting firm, agreed that the studies don’t have a lot of value in helping with the state’s diversification efforts.
He noted the executive survey ranked the states in three general areas: taxation and regulation, quality of workforce and living environment, while the CNBC analysis measured 10 categories, including education, where we placed 50th.
“There’s a huge difference between competing for a warehousing operation than competing for an R&D and tech type of company,” Hobbs said.

Guy Hobbs of Hobbs, Ong & Associates

“So I think it’s kind of hard to look at either one of these and take them too seriously,” he said. “When you look at just taxation and regulation, which is, I think, the area in which most of this comes up, yes, we’re probably one of the better environments in the entire country from a tax and regulatory standpoint or business friendliness standpoint, no question about that.”
This factor alone has not resulted in comprehensive economic diversification in the state, however, Hobbs said.
Nevada’s current climate, with its loss of much of the construction segment of the economy, does give policymakers a chance to try some new ideas, he said. But leaders need to assess what the state’s specific advantages are that can then be marketed globally to attract new business, he said.
“Effectively we have an opportunity to reinvent what we hope our economy will be, and that’s more than just talking about economic development and diversification,” Hobbs said. “You have to make a commitment to it, and evidence that commitment by the policy actions that are taken.”
Aguero said many businesses have voted with their feet, and it is not a coincidence that Nevada led the nation in employment growth and new business formation over the better part of the last 20 years, the great recession notwithstanding.
“That is the greater measure than merely a set of statistics that may or may not accurately reflect the considerations of individual business,” he said. “The fundamental question I think for us as a community is will the strength that we have play toward the areas that we want to develop economically, from an economic development or diversity standpoint.
“If the answer to that question isn’t yes, then we need to make some changes and go for it,” Aguero said. “But I think it would be economically disastrous to try and be everything to everyone.”
Audio clips:
Jeremy Aguero says the analyses are not particularly important to the economic development process:
070711Aguero1 :19 unique to them.”
Aguero says painting the economy with a broad brush is not helpful:
070711Aguero2 :08 or very helpful.”
Aguero says a true measure is Nevada’s employment growth:
070711Aguero3 :23 an individual business.”
Aguero says Nevada can’t be everything to everyone:
070711Aguero4 :22 everything to everyone.”
Lisa Mayo-DeRiso says views of Las Vegas as a business choice depend on who you interact with:
070711Mayo-DeRiso1 :16 your due diligence.”
Mayo-DeRiso says everyone needs to have a positive attitude:
070711Mayo-DeRiso2 :14 and so forth.”
Guy Hobbs says it is hard to take either assessment too seriously:
070711Hobbs1 :26 question about that.”
Hobbs says Nevada has a chance to reinvent its economy:
070711Hobbs2 :18 that are taken.”
 
 


Sponsor Showcase


Carson’s full-service casino featuring:

  • Over 590 Slots – Certified Loose!
  • Single-deck Blackjack, 3-card Poker, Craps, Roulette
  • Poker Room
  • Keno
  • Two restaurants
  • Weekly live entertainment
  • 80 recently remodeled hotel rooms
  • Complete banquet facilities

On your “Must Not Miss” list, is the popular Downtown Wine Walk – held the First Saturday of every month from 1- 5pm. For just $10 (which supports the Downtown Business Association you’ll receive a commemorative wine glass and endless reasons to sip, stroll, and shop, the afternoon away, through Historic Downtown Carson City. Bring your wine walk glass with the Carson City Logo on it and pay only $8. Don't forget the after Wine Walk raffle prize party, 5:00pm, at the Cabaret Lounge, Carson Nugget Casino!

Tickets can be purchased at Bella Fiora Wines, Cactus Jack’s, Carson Jewelry & Loan, Carson Nugget, and Horseshoe Club, where you will receive hand stamps, glasses, and maps.

Sponsored by the Carson City Downtown Business Association, our goal is to carry on a local tradition, hosting an event which showcases a monthly Downtown celebration. It’s a Saturday stroll with a glass of wine through historic downtown Carson City where boutiques, local shops, galleries, restaurants and casinos, pull out all the stops to awaken your taste buds and tantalize your senses... experience a Downtown taste sensation!.

Change the way you do business. Dominate the competition. Create a professional, lasting impression with a Sign Pro sign.

Every Sign Pro sign is custom-made to your specifications. Indoor or outdoor. Short-term or long-term.

Sign Pro staff will work with you to select the most appropriate vinyl's and materials to serve your needs. Each product we use has been chosen for its quality, durability and economy.

Signs create the first impression of your business. Our professional staff can brighten and outdated image, replace a worn sign or create a whole new look. Your product knowledge combined with our attention to detail will create the winning formula for visual success.

Sign Pro's state-of-the art equipment offers hundreds of type styles and design choices. We can use your artwork of create dynamic images from scratch. We can enhance your ideas with borders, shadows, special effects and distortions.

Sign Pro will translate your multi-colored world into two or three dimensional reality.

  • Window and Wall Graphics
  • Exhibits
  • Decals
  • Banners
  • Vehicle Identification
  • Magnetic's
  • Full-color Imagery
  • American with Disabilities Act Signs
  • Wood/Plastics/Metal

Add distinction to your business exterior by using creative graphics that invite your customers to step inside. Tell your customers about your products before they walk through the door.

Sign Pro is first in dependability, first in quality, first in customer service. At Sign Pro we want to be your sign company. Let us open the door leading to future success for your business, your products and you!

Open Mon-Fri 8am-5pm
1501 North Carson Street
Carson City, NV 89403

Day R. Williams scored top of his law school class in Evidence and Constitutional Law, and he wrote for the Law Review. He is known as a fine legal writer. Day has practiced solo for more than 20 years in Carson City. He has handled contract disputes, personal injuries, bad faith by insurance companies, probate, estates and trusts, appeals, and a murder case. Day has tried cases and appeared in court in Carson City, Reno, Minden, Yerington, Ely, Fallon, Pahrump, and Las Vegas, and he has argued before the Nevada Supreme Court and the Ninth Circuit Court of Appeals. He was a driving force in the first citizen-initiated grand jury in Nevada’s history.

http://carsontrialattorney.com/

Top Stories

... or see all stories

South of 10th Street along Carson Street the speed limit has changed from 25 to 35 mph. The change was result of a traffic study.

Follow Carson TV News at www.facebook.com/carsontvnews for updates, information and to learn more about the program, which airs weekly on Mondays, Charter Cable Channel 193, at 4:30 p.m. and again at 7:30 p.m. and throughout the week. Have a news tip? You can also submit photos and video to CarsonTVnews@gmail.com.

UPDATE: The Carson Tahoe Health Foundation is pleased to host HopeFest 2014, an outdoor concert tonight, Friday, offering free admission with all sales on food, drinks and raffle tickets directly benefitting local cancer patients.

Nationally famed folk-rock band, Antsy McClain and The Trailer Park Troubadours known for their cowboy jazz, Tex-Mex groove and soulful R&B dance tunes will be the headlining performers. The event runs from 5 to 8 p.m. at the Carson Tahoe Cancer Center located at 1535 Medical Parkway, Carson City.

UPDATE: Yogi Berra may have said, “A nickel ain’t worth a dime anymore,” but at the 2014 Carson City Mint Coin Show and Fair, the value is in the eye of the beholder. Sharp skilled dealers will buy, sell, trade and offer their expertise with free appraisals during the two-day event today, Friday and Saturday, Aug. 23. Held this year at both the Nevada State Museum and the Carson Nugget, the fair includes activities for children, prize drawings, lectures, coin sales and free appraisals with admission.

Attendees of the Valhalla Art, Music and Theater Festival at Lake Tahoe learn how to use a cross-cut saw, the primary tool used today to keep trails open and accessible in the Wilderness. The event celebrated the 50th Anniversary of the 1964 National Wilderness Preservation Act.

U.S. Forest Service Lake Tahoe Basin Management Unit staff provided saws, logs and gloves and guided over 50 participants of all ages as they cut through a 10-inch log and received the souvenir slice branded with the 50th Wilderness Anniversary logo.

A 51-year-old Carson City man was arrested Thursday on a felony charge of child abuse after allegedly hitting and punching two juveniles, a Carson City sheriff’s deputy said.

Michael Todd Presley was arrested at 9:10 p.m. in the 4500 block of Short Putt Drive. He also faces a misdemeanor charge of domestic battery. According to the arrest report, officers were called to Governor’s Field at 4:15 p.m. regarding a report of suspected child abuse.

A Carson City couple have made a commitment to take on the toughest job they're destined to ever love. Warren and Anita Shaul have been accepted into the Peace Corps and will begin work in Nicaragua this month as volunteers.

Warren Shaul says he was motivated to join the Peace Corps because when he has traveled, he enjoyed experiences where he had the opportunity to stay in one place and build friendships with the people he worked and lived with.

Sparks police say a Carson City man is the suspect in a bizarre incident where at least 100 rounds from three different weapons were shot from the second floor of Motel 6 early Thursday morning. No one was injured but several vehicles were damaged.

Luis Alberto Machado, 34, was arrested following the incident at the south side of the Victorian Avenue motel, after police fired a single shot that missed but forced him to surrender. He faces charges of obstructing with a firearm, assault with a deadly weapon on police officer, trafficking controlled substance and felony property damage.

Carson High has a new principal to call the shots around the school. Tasha Fuson stepped up to take over the biggest position Carson High offers to begin her 20th year in education. Mrs. Fuson has lived in Washoe Valley for the last seven years after growing up in Las Vegas. She chose Carson because she lives close and she (and her family) have been highly involved in the community for the last seven years.

The Carson City Sheriff’s Office is looking for a 14-year-old girl, considered a runaway. Jocelyn Morales is 5 feet 2 inches, 102 pounds with brown, shaved hair. She was last seen Aug. 19, when she left her Hot Springs Road home and failed to show up for school, said Carson City Sheriff’s Detective Steve Olson.

She was last seen wearing a gray hooded sweatshirt, gray leggings and black Vans shoes. Jocelyn has run away in the past, however she did not bring any additional clothing with her. She is entered into the National Crime Information Center as a runaway.

Tickets for the 2014 season of the Polar Express aboard the historic Virginia and Truckee Railroad are now on sale. The perennial holiday favorite all-ages train ride from the frosty Northern Nevada landscape to the North Pole, will run from Nov. 20 to Dec. 22. The hour long V&T diesel train ride includes a keepsake silver bell, hot chocolate and cookies, entertainment and a reading of The Polar Express.

The Carson City Sheriff’s Office will conduct another pedestrian crosswalk operation on Friday, Aug. 29. These operations are conducted to educate the public in pedestrian and driver safety, said Carson City Sheriff's Office Sgt. Scott McDaniel.

Earlier this month, a similar operation was held where 50 traffic citations were issued along the north and south ends of Carson Street.

The operation, in cooperation with the Nevada Highway Patrol, was done as a way to address pedestrian safety and a growing number of motorists failing to yield as pedestrians cross sidewalks, said McDaniel.

Attention musicians: The Carson City Symphony will begin rehearsals for the 2014-15 concert season on Wednesday, August 27, 7:00 to 9:15 p.m., at the Carson High School band room.

The Symphony, conducted by David Bugli, is a volunteer orchestra of about 55 players who perform music from the 15th to 21st centuries. It is open to string players at any time without audition, and to other instrumentalists when positions are available. Current openings are for strings and horn. Musicians who are interested in joining should contact the Symphony at 775-883-4154.

The Carson City Board of Supervisors are meeting today in the Sierra Room of the Carson City Community Center. Go here for the agenda and here to watch it live.

A 50-year-old Sacramento man, Timothy Eric Seibel, was arrested Wednesday, 2:56 p.m. in the 3300 block of East Fifth Street on a felony parole violation charge, a Carson City sheriff’s deputy said. He is being held without bail until a court hearing.

In other arrests: A 33-year-old Carson City man was arrested Thursday, 2:19 a.m. in the 900 block of South Carson Street on the following misdemeanor charges: Possession of drug paraphernalia, driving on a suspended license, no valid insurance, and two counts violation of a suspended sentence.

Carson City firefighters are participating in a second night of drills, according to dispatch. This drill is centered in the 500 block of West King Street. Firefighters did a similar drill on Tuesday night. Firefighters were called shortly before 8:30 p.m. to the location.

The Douglas County Sheriff’s Office has made a tentative identification on the skeletal remains discovered June 23 near the top of Spooner Summit in a remote, wooded area between the Tahoe Rim Trail and Kings Canyon Road.

The cause of death is still pending the autopsy results. Douglas County Sheriff's Sgt. Pat Brooks said Wednesday that DNA from the remains has been collected and DNA has been taken from the parents of the person who it is believed to be the deceased.

CARSON CITY — A total of 174 applications were submitted by Monday’s deadline to operate 76 medical marijuana dispensaries in Nevada, the state Division of Public and Behavioral Health reported.

As many as 45 employers will take part in an upcoming Job Fair sponsored by Carson City Health and Human Services, Job Opportunities in Nevada, and the Carson City Chamber of Commerce.

The event is Friday, September 26 from 2 to 4:30 p.m. for the general public. Veterans will be able to enter the Job Fair at 1:30 p.m. for early admission.

The Job Fair will be located in the large gym at the Carson City Community Center on 851 East William Street, Carson City, Nevada 89701.

The Builders Association of Western Nevada Women’s Council, which serves Carson City, Douglas and Lyon counties, continues its Helping Hands program this year by giving single female homeowners some help with upgrades and repairs to the homes they own.

Helping Hand signups continue with an August 29 application deadline.

Nevada middle and high school students and schools are encouraged to enter in the Nevada Prescription Drug Prevention Video Contest sponsored by Gov. Brian Sandoval and Attorney General Catherine Cortez Masto.

This is an opportunity for Nevada students to get creative and use social media to promote awareness about prescription drug abuse and encourage their peers to stay away from abusing prescription drugs.

Winners will be selected from each Nevada school district. Final winners will be announced Nov. 3, 2014.