Just prior to the effective date of December 1, 2016, the Department of Labor’s final rule updating overtime regulations, was blocked by a federal judge in Texas. The final rule makes significant changes to salary threshold requirements for overtime pay for employees.
Funding Your Company: Debt versus Equity
One of the greatest challenges facing businesses today is securing financing, whether to fund current operations or to expand them. When you look for funding, your choices are debt financing – where you borrow money, or equity financing – where you look for someone to invest in your company. Each option has significant plusses and minuses. For example, When you borrow money, the lender doesn’t have a claim on your business’ equity, so borrowing money doesn’t dilute your ownership interest in your business.
Help for your small business: Made in Nevada
Want to reach new markets for your products, food and art? Made in Nevada (MIN) — the Silver State’s longest running marketing cooperative – promotes Nevada-made products, food and art and serves as the voice of its member businesses. As a champion for Nevada-based manufacturers and artisans, MIN likes to say, “Made in Nevada: What Happens Here Goes Everywhere.” MIN’s statewide membership of 125 small businesses range from light manufacturers to small-batch artisans. MIN membership is open to any business which produces products, food or art of which at least 51% is made in Nevada. MIN’s membership dues are $100 per year.
RGJ: Rapp’s role – Piloting Nevada drone future
Warren “Bum” Rapp, a retired military aviator, is at the controls of Northern Nevada’s emerging program to develop commercial applications for unmanned aircraft commonly called “drones.” The program he heads up is focused on business uses for unmanned aerial vehicles, or UAVs. That can mean anything from helping map potential mining acreage to improving agricultural concerns to nighttime aerial monitoring of wildfires.
Educating Tomorrow’s Workforce
NCET’s Dave Archer looks at the human side of Nevada’s various economic and industrial sectors, and explores some of the fascinating degree programs offered by our local colleges and universities – each specifically designed by our educational institutions to provide our students with the skills and training they’ll need as they enter the rapidly changing workforce.
RGJ: Buy Nevada First effort pushes locally owned businesses
Dave Asher says the best way to create jobs is to buy local. Toward that end, he’s created BuyNevadaFirst.com, a website aimed at helping people find businesses that are locally owned and headquartered in Nevada.
RGJ: HIDEIt Mounts creates niche in TV market
Relina Shirley, however, the system served as the spark behind her startup HIDEIt Mounts. More specifically, Shirley’s journey into the entrepreneurial world can be traced to the Wii’s sensor bar. Well, that and her inner interior designer.
RGJ: TrainerRoad builds startup for cyclists, triathletes
Good ideas often come in cycles. For one Reno entrepreneur, however, the idea for his new business actually came on a cycle. While taking cycling training classes at $20 a pop, aspiring triathlete Nate Pearson lamented about the toll multiple classes would take on his wallet.
Help for your small business: Entrepreneurs Assembly
Entrepreneurs Assembly (EA) is a Nevada nonprofit dedicated to educating and facilitating entrepreneurs and small businesses in starting and growing their businesses. EA does this through virtual incubators which empower entrepreneurs and small business owners to start successful businesses. EA’s working sessions incorporate best business practices, educational leadership, mentoring, and peer-learning, resulting in new and more productive businesses.