Workers' Compensation Insurance:

Whether your business is small or large,

managing the expense and meeng the

statutory requirements of workers’ com-

pensaon can be challenging. However,

running a business without workers’ com-

pensaon insurance is bad for business.

The consequences of not following the

law is not worth the risk.

Pay Aenon Now or Pay Later

Workers’ compensaon insurance is a no-

fault coverage for employees suering a

job-related injury or illness. Workers’

compensaon insurance is designed to

help protect employers from personal

liability and potenal costs associated

with job-related injuries. Because Nevada

has “exclusive remedy,” the injured work-

ers’ benets are set forth in statute and

generally an injured worker, cannot sue

an employer for work related injuries if

the employer has secured workers’ com-

pensaon insurance as required by Neva-

da law.

The law requires employers operang in

Nevada to secure and maintain workers’

compensaon insurance for their employ-

ees. There are few excepons to this re-

quirement.

Employers meet this requirement of the

law by:

▪ Securing and maintaining a workers’

compensaon insurance policy with a

licensed insurer authorized by the Divi-

sion of Insurance to write workers’ com-

pensaon policies in Nevada; or

▪ Becoming self-insured for workers’

compensaon (A self-insured employer

may administer its own workers' com-

pensaon claims or contract with a third

party administrator (TPA) to provide

these services); or

▪ Be legally exempt pursuant to statute

to provide workers’ compensaon in-

surance.

Some excepons are outlined in NRS

616.A110.

Myths and Realies

Employers need to be aware that there

are many workers’ compensaon

myths. It is imperave you operate

your business based on the law; oper-

ang a business based on misconcep-

ons can result in administrave sanc-

ons, premium penales, and criminal

prosecuon by the Nevada Aorney

General’s oce.

Myth: I only have family members, few

employees, or part-me employees

working for me, so I don’t benet or

need to purchase workers’ compensa-

on insurance.

Reality: In the State of Nevada if you

employ one or more people you are

required to secure and maintain a work-

Connued, page 2

ers’ compensaon policy. According

to the law, most individuals who

provide a service to a for-prot busi-

ness will be deemed employees for the

purposes of workers’ compensaon

insurance.

Myth: I am a small employer with

minimal revenue, so I will have my

employees secure their own workers’

compensaon policy in order to save

money.

Reality: A business cannot require

their employees to obtain their own

workers’ compensaon insurance poli-

cy. The cost of the workers’ compen-

saon policy must be paid enrely by

the employer; no amount can be

charged to employees.

Myth: I do not have employees

because I only hire “1099s” or inde-

pendent contractors, so I don’t need

to secure workers’ compensaon in-

surance.

Reality: It is important that each

working relaonship be thoroughly

examined before an employer classi-

es an individual as an independent

contractor and not an employee for

the purposes of workers’ compensa-

on insurance. A “1099” does not

always eliminate the employee-

SPRING 2015

P3 / Access to Capital

Accounts Receivable

Financing

P5/ Resource Partner

Nevada Industry

Excellence

P8 / Statewide Calendar

of Events

P10/ Business Resource

Directory

Workers’ Compensation Insurance:

Who needs it and why you should have it

employer relationship. NRS 616B.603 pertains to Independent Enterprises and should be considered to determine if

you could be deemed an employer under this provision.

In order to not be deemed the employer under the “independent enter-

prise exemption,” 1) You must not be “in the same trade, business, pro-

fession or occupation” as the person or business with whom you con-

tract, and 2) The person or business with whom you contract must be an

independent enterprise. Otherwise, workers’ compensation coverage is

required.

Incorrectly deeming employees as independent contractors can lead to

serious consequences. According to the Nevada Attorney General’s office

this misconception does not preclude employers from being criminally

prosecuted. In addition, if an employer-employee relationship exists, the employer will pay a premium penalty for

the time the employer was uninsured as well as any costs relating to an uninsured claim, which can be significant de-

pending of the severity of the injury. The consequences for being uninsured could be catastrophic to some compa-

nies.

Myth: The subs that I hire should have their own coverage, so I won’t worry about workers’ compensation in-

surance.

Reality: If you are a licensed contractor, you should know that you may be determined to be the employer of

independent contractors, subcontractors and their employees for purposes of providing workers compensation

insurance coverage. This result stems from NRS 616A.210, which states: “…subcontractors, independent contrac-

tors and the employees of either shall be deemed to be employees of the principal contractor for purposes of

[the Nevada Industrial Insurance Act (the “Act”)]…” Licensed contractors need to be wary because the Act has a

broad definition of principal contractor.

In addition, if an employee of a subcontractor or an independent contractor has a work-related injury and the

employer has not secured industrial insurance, the principal contractor will be responsible for the actual cost of

the claim, plus administrative fees. Please refer to NRS 616C.220.

Generally, unless excluded by statute, “…Every person, firm, voluntary association and private corpora-

tion…which has in service any person under a contract of hire,” needs coverage.

Employers should consult with their attorney, insurance agent/broker, or carrier regarding the specifics of their

situation and their options regarding workers’ compensation.

Education and Enforcement

The Division of Industrial Relations, Workers’ Compensation Section (WCS) is responsible for ensuring all em-

ployers are in compliance with the law. Employers who fail to secure and maintain a workers’ compensation

policy for their employees will be charged with an administrative fine up to $15,000; premium penalties; may be

ordered to cease operations until workers’ compensation insurance has been obtained; and will be held finan-

cially responsible for all costs relating to an uninsured claim.

Please contact the Division of Industrial Relations, Workers’ Compensation Section if you would like more infor-

mation relating to this matter. Employers are invited to learn more regarding workers’ compensation insurance

by attending classes provided by the Workers’ Compensation Section. You can also visit the Division of Industri-

al Relations’ website to access information on employer coverage requirements for workers’ compensation in-

surance- http://dirweb.state.nv.us/WCS/wcs.htm.

Contact: Workers’ Compensation Section (775) 684-7270, (702) 486-9000 or WCSHelp@business.nv.gov

Workers’ Compensation, continued

One of the biggest challenges for small business owners

in today’s credit-restricted economy is accelerating cash

flow. It is more important than ever that small business

owners know there are alternatives for obtaining the

working capital they need to speed up their cash flow.

Small business owners were surveyed by The Interface

Financial Group (“IFG”) to find out how they financed

their business.

What the surveyed group showed was a lack of detailed

financial planning. Most assumed that if they could ‘sell’

their product or service they would easily survive and

grow on the cash flow that those sales generated. They

rarely recognized the fact that growth would always

demand more capital. It is a fundamental cycle — the

more a business grows, the more capital is required.

After using all other individual re-

sources, the group finally turned to

their bank for assistance. And then

the shock set in — the bank turned

down their application because their

business was too young, it lacked a

solid balance sheet, there was insuffi-

cient cash flow to support debt ser-

vice, the bank didn’t finance that

‘type’ of business, and so on.

Small business owners do have op-

tions other than ‘the bank’ but it is

essential that they research alterna-

tive funding sources and connect

with a suitable provider before they

become desperate. Businesses do

not usually fail because of a lack of

finances — they fail because the

owner neglected to investigate and

obtain the appropriate financing at the appropriate time.

Accounts receivable financing is an alternative for secur-

ing fast working capital. Most small business owners

have felt the constraints associated with waiting for pay-

ment of invoices. The wait can negatively impact a com-

pany’s cash flow, making it hard to produce new orders,

bid on new contracts, and/or provide their services to

their customers. This obstacle is removed by selling

outstanding invoices at a discount.

Factoring is arguably the most well-known and old-

est form of accounts receivable financing dating back

over 4,000 years. In a factoring arrangement, the

factor normally requires all receivables to be includ-

ed in a lending arrangement and requires certain on-

going monthly minimum sales of all invoices, usually

for a 12 – 24 month period. The factor also expects

to undertake much or all of the accounts receivable

administration work, including day-to-day contact

and collections with the customers.

What sets invoice discounting apart from the more

familiar factoring is that clients choose how and

when to use the service, strictly according to their

own cash flow needs. Clients are never obligated to

sell their receivables and there is

no ongoing commitment associat-

ed with the service. Clients’ use of

invoice discounting depends solely

on their self-determined cash flow

requirements. Invoice discounting

is a “use-it-as-you-need-it” ar-

rangement, specifically designed to

act as a bridge to meet the needs

of small businesses during their

formative and rapid growth periods

without creating debt on the bal-

ance sheet.

The service is quick and straightfor-

ward with a minimum of paper-

work. As goods or services are de-

livered or provided, an invoice is

created. The invoice discounter

purchases the invoice and releases

cash to the company, usually within a matter of

hours.

One example of a local company benefiting from in-

voice discounting is LV HANGERS, a manufacturer of

wire hangers for dry cleaners. In order to produce

the product there are many expenses to ensure there

is sufficient raw material to keep production moving.

ACCESS TO CAPITAL CORNER:

Accounts Receivable Financing

If you

want to

grow, the

money

has to

flow.

Contributed by Interface Financial Group

ACCESS TO CAPITAL DIRECTORY

The Access to Capital Directory is a comprehensive listing

of products and resources available to Nevada businesses.

View online at http://business.nv.gov/Business/

Access_to_Capital/Access_to_Capital/

Q: Why should I keep records?

A: Everyone in business must keep records. Keeping

good records is very important and will help you do the

following:

▪ Monitor the progress of your business

Records can show whether your business is improving,

which items are selling, or what changes you need to

make. Good records can increase the likelihood of busi-

ness success.

▪ Prepare your nancial statements

These include income (prot and loss) statements and

balance sheets. These statements can help you in deal-

ing with your bank or creditors and help you manage

your business.

● An income statement shows the income and

expenses of the business for a given period of

me.

● A balance sheet shows the assets, liabilies, and

your equity in the business on a given date.

▪ Idenfy source of receipts

You will receive money or property from many

sources. Your records can idenfy the source of your

receipts. You need this informaon to separate busi-

ness from non-business receipts and taxable from non-

taxable income.

▪ Keep track of deducble expenses

You may forget expenses when you prepare your tax

return, unless you record them when they occur.

▪ Prepare your tax return

These records must support the income, expenses, and

credits you report. Generally, these are the same rec-

ords you use to monitor your business and prepare

your nancial statement.

▪ Support items reported on tax returns

You must keep your business records available at all

mes for inspecon by the IRS. If the IRS examines any

of your tax returns, you may be asked to explain the

items reported. A complete set of records will speed up

the examinaon.

Have a question for one of our guest experts?

Email [email protected].

Chrisne Foot

Sr. Stakeholder Liaison, IRS

chrisne.a.foo[email protected]

(702) 419-2433

Accounts Receivable cont’d

In manufacturing, payments for finished goods are set at net

30 days after the sale. This puts a heavy strain on cash flow.

The long wait for funds and inability to purchase raw material

sometimes stops production completely. “It is really hard to

grow the business when you need to stay closed half the

time,” says owner, Dmitriy Melnik.

“We were able to increase the cash flow and improve the sup-

ply of the raw material thus increasing our output and reve-

nue.”

Mr. Melnik believes invoice discounting “will greatly help my

business grow. We will be able to increase our output and

sales. The additional cash flow will allow us to buy new

machinery and stock up on raw materials. “[Invoice discount-

ing] has changed my business and provided me with higher

hopes and opportunities.”

There are several reasons for a business-to-business company

to consider invoice discounting:

Speed. The relationship with an invoice discounter can be set

up within days and once established, funding can happen

within 48 hours. By receiving cash sooner, cash flow improves.

Credit History. Most of the funding decisions are based on

the credit of the business’ customer.

Available Funding. Invoice discount funding can grow in line

with the receivables of the business.

Not a Loan. Invoice discounting is a simple buy/sell, off bal-

ance sheet transaction.

Cost. The cost is based on the number of days the invoice is

outstanding; there are no long-term commitments, no extra

fees or charges.

Growth. Having access to capital improves the financial posi-

tion of a growing business. While invoice discounting is a

short-term solution, it ultimately leads to conventional bank

financing because the credit and trade history of the business

is improved.

Growth will always demand more capital — the successful

entrepreneur is the one who finds that all-important cash

without going into debt or being restricted with burdensome

service contracts.

RESOURCE ORGANIZATION SPOTLIGHT:

Nevada Industry Excellence (NVIE) is a

fee-for-service industrial outreach pro-

gram for the Nevada System of Higher Education (NSHE).

NVIE provides business and technical consulting solutions to

help Nevada’s manufacturing, mining and construction com-

panies become more profitable and globally competitive.

Nearly eighty percent of Nevada manufacturers have fewer

than 20 employees. NVIE’s private-industry experienced Pro-

ject Managers assist these companies in the core areas of

business growth, quality solutions, lean manufacturing, and

energy solutions. The goal is to help companies to see past

their problems and to the solution with an emphasis on meas-

urable results and achieving economic impact for Nevada.

NVIE also engages talent from within NSHE, and other experts

from Nevada and throughout the nation.

NVIE is Nevada’s Manufacturing Extension Partnership (MEP)

Center. In order to remain in good standing with continued

federal funding, an independent survey of NVIE clients is con-

ducted after project and workshop completions to determine

that clients benefitted with quantifiable success. Over the last

12 years, the NVIE program has generated over $1.2 billion in

economic impact with 6,225 jobs created and retained as

measured by the survey.

NVIE also partners and works with state organizations such as

the Governor’s Office of Economic Development (GOED) as-

sisting with expanding companies and companies looking to

move to Nevada as well. In addition to helping companies

grow through efficiency and growth services, NVIE helps

GOED implement the effective & successful Train Employees

Now (TEN) incentive program for companies who expand or

move to Nevada.

ExporTech is one of NVIE’s most successful programs in help-

ing companies grow and expand here in Nevada. Within 3

months, ExporTech helps a company develop a strong export

plan that targets a prime area of the world where the compa-

ny can realize best success. Collaboration with UNLV, UNR

and local, state and federal export experts insures that the

plan will be successful upon implementation. Typically, com-

panies realize significant sales increase within 6 months of

operationalizing the plan.

Axis Internaonal, a small Las Vegas-based business with 4 employees, manufac-

tures complete plasma cung systems for small metal fabricaon job shops up to

large producon systems used in full size commercial shipyards.

Their CNC Plasma Cung Systems began to generate considerable internaonal interest with inquiries and quote requests. The company

did not have the experse needed to properly and eciently handle internaonal sales in order to sasfy foreign customer demand.

Nevada Industry Excellence (NVIE) sta recommended parcipaon in the ExporTech program to aid in growing their sales. In addion to

internaonal quong and order processing, export nancing was also needed.

NVIE aligned Axis with various exporng agencies and experts who were instrumental in pinpoinng a target country, nding a distribu-

tor, and providing knowledge of how to use the Free Trade Agreements. NVIE also provided UNLV interns for target country research,

and coaches for support and guidance. Axis idened a target country and was able to make signicant contacts with key exporng

banks.

Axis is currently engaging a foreign customer with a new $120,000 order, and this customer is now also buying parts & accessories for

their older machines averaging $2,500 per month. In addion, over the past 3 months, Axis has quoted approximately $1.5 million in

machines to Canadian companies.

Jim Dill, President of Axis Internaonal explains, “Axis is now providing quotes to potenal foreign buyers, and facilitang the nancial

aspects of exporng. Due to NVIE’s ExporTech we are now able to idenfy the crucial components of exporng, and move forward with

our internaonal business goals. I feel more condent than ever that we will be able to quickly move forward in successfully exporng

our products.”

Las Vegas company finds growth opportunity in international markets

Terry Culp, Deputy Director

[email protected].edu

Office: 702-895-2615

Cell: 702-499-2739

A W A R E N E S S

Accion Offers Business Financing Options

Accion has recently expanded the nancing opons availa-

ble to business owners in Nevada. A naonally-recognized,

nonprot organizaon serving select states in the western

U.S., Accion oers business credit from $1,000 to $750,000

to help fuel the growth of established businesses, as well as

the start-up of new ventures. Oering an easy-to-navigate

loan process and personalized assistance, Accion’s nancial

products are designed to oer crical infusions of capital to

a spectrum of entrepreneurs and enterprises – from busi-

ness owners looking to purchase their storefront locaon to

home-based entrepreneurs seeking to nance a short-term

contract.

Since its founding in 1994, Accion has nanced the start-up

and/or growth of more than 5,120 businesses with loans to-

taling more than $62 million. These businesses report cre-

ang or sustaining an esmated 9,440 jobs. To date, Accion

has served entrepreneurs in 362 communies across New

Mexico, Arizona, Colorado, and Nevada. Accion is cered

by the U.S. Department of Treasury as a Community Devel-

opment Financial Instuon (CDFI), and is among only 12%

of nonprots to hold three consecuve four-star rangs from

Charity Navigator.

During the rst nine months in Nevada, more than 50 local

businesses have fullled their credit needs with the organiza-

on, including a prinng/shipping center, a food truck, and a

pet store. To learn more about the credit resources Accion

oers local entrepreneurs and business owners, please visit

www.accionnv.org or contact Market Manager Erin McDer-

mo at (702) 250-3372 or emcdermo@accionnv.org.

BRIEFLY

A W A R E N E S S

♦ New business entity filings in 2014 increased 4.45 % from 2013, according to the Nevada Secretary

of State’s Office. Business filings for both domestic and foreign entities rose from 56,160 in 2013 to

58,660 in 2014. Additionally, Nevada saw a 5.04% increase in annual list filing, rising from 296,356 in

2013 to 311,284 in 2014. As of December 31, 2014, a total of 357,519 registered businesses in Nevada

were in good standing.

♦ According to the Department of Employment, Training and Rehabilitation, firms with 50 or fewer employees added

15,166 jobs during fiscal year 2014 The largest gain in job growth by establishment size over the last one year period

was 5.8% at businesses with between 50-99 workers, which added a total of 7,331 jobs. Additionally, businesses with 20-49

workers added 5,678 workers. Businesses with 10-19 employees saw the smallest job growth on a percentage basis, alt-

hough they still added 2,157 jobs.

♦ During FY 2014, there were 426 SBA loans made in Nevada, including 350 7(a) loans and 76 504 loans, totaling

$224,746,457 million , an increase of more than $31 million over the prior fiscal year.

Construction Industry Alert: Fraudulent OSHA

Cards Reported

A number of forged OSHA cards are turning up on job

sites with actual trainer names being fraudulently used

by the criminals selling them. Forgery of these cards,

considered a government document, is a federal crime

and can lead to nes, prison, or both. In addion, the

purchase of an OSHA card without compleng the

training is a felony. The FBI is working hard to shut

down this illegal acvity.

The State of Nevada requires construcon workers to

have an OSHA 10- or an OSHA 30-hour card. During the

State’s construcon boom, many workers were injured

or died unnecessarily due to safety issues somemes

being ignored which prompted the Nevada Legislature

to enact NRS 618.950-990. The law is an honest

aempt to protect the health and safety of Nevada

construcon workers.

If you think someone is presenng a card that might be

falsied, contact the OSHA Fraud Hotline at 847-725-

7810, or the Department of Labor, Oce of the Inspec-

tor General at 800-347-3456.

Nevada’s business by the numbers

6 Ways to Save Some Cash

Cutting costs and saving money in your business is not just prudent; it makes good business sense. No need to overhaul your

entire business to find savings. Just consider a few small, simple changes to the way you do things and the results may surprise

you. Here are a few ideas to get you started on your way to savings:

Advertising and Marketing: Instead of mailers, use social media to advertise and interact with customers. Not only can you

save money on postage and materials, but also reach customers wherever they are. Use platforms like Facebook to highlight

products and specials and interact with and engage your customers. Do not be as concerned with the number of fans as much

as the quality of interaction with them.

Negotiate with Suppliers: Ask suppliers for quantity and/or early payment discounts. Even if they do not have a current poli-

cy, you may be able to negotiate a deal just for you.

Home-based business: You may be able to deduct a portion of your rent, mortgage interest, repairs, insurance and other

expenses, if you qualify. Check with your tax advisor for more information.

Go Digital: Save wear on your vehicle, gas, parking fees, and time by utilizing free web conferencing services to hold meetings.

Use electronic invoicing to save on paper and postage. Request payment directly to your bank account.

Be Green: Utility companies have programs to help businesses save money. Take advantage of utility assessments conducted

by local entities for no or low-cost to see ways to reduce expenses. Equipment like TV’s, printers and even coffee makers con-

tinue to draw power when in stand-by mode. Something as simple as unplugging or turning off power to electronics when not

in use can add up to meaningful savings.

Fire Your Customers: This sounds a bit unorthodox but sometimes it may be worth it in the end. Have you ever had a

customer that you just could not please? Consider how much time and effort you put into trying to make them happy. Maybe

they are just not the right customer for your business. You will be doing both of you a favor by allowing them to find another

business that might be a better fit for their needs.

Department of Taxation Offers Training and Education for Business Taxpayers

The Department of Taxation offers a monthly class called “Ask the Advisors Basic Training Workshop”. Topics covered during the

class include: Sales and Use Tax, Modified Business Tax, Modified Business Tax Financial Institutions, Live Entertainment Tax,

Sales Tax Permit Fees, Collection of Tax, Exemptions, Resale Certificates, Petition/Appeal Rights, Taxpayers’ Bill of Rights, How to

Complete Tax Returns and How to Amend/Correct Returns. Classes include information taxpayers need to know of how their

account is handled within the Department of Taxation, the taxpayer’s responsibilities, and will offer an opportunity to get an-

swers to tax questions. Also included in the class agenda will be The Audit Process, which gives information about what to ex-

pect in case of an audit.

In addition to the Taxation presentations, our classesinclude presentations from the Internal Revenue Service (IRS) on forms and

reporting requirements; also, SCORE, a non-profit organization sponsored by the Small Business Administration, will provide

information on the free services and counseling they offer to businesses.

As an additional educational service to taxpayers, we have posted on our website information on various tax issues. The infor-

mation is available as a Power Point presentation or a PDF file and either can be viewed or downloaded. The information is

available at http://tax.nv.gov. Click on the “FAQ” tab and scroll down until you see “Helpful Tax PowerPoint’s”, click on “Tax

PowerPoint’s” and you will view PowerPoint’s pertaining to Basic Training, Online Filing-Registration, Repairs & Delivery Charg-

es, Medical, Construction, Modified Business Tax, Automotive, Other Tobacco Products, the Audit Process, Restaurants, Bars &

Comps and Short-term Leases.

All classes are free of charge and held at the Henderson office of the Department of Taxation, located at 2550 Paseo Verde

Parkway, Suite 180. Classes are held monthly and for the calendar year 2015, available through September 2015. Classes last

approximately 3 hours and seating is limited, so reservations are recommended. Please call (702) 486-2354 to reserve your seat.

BRIEFLY

LAS VEGAS

STATEWIDE CALENDAR OF EVENTS

A W A R E N E S S

March 4, 11, 18, 25

9:30am to 10:30am

1 Million Cups

Work in Progress

317 S. 6

St., Las Vegas

March 4

11:45am to 12: 45pm

Social Media 102

Pahrump Valley Chamber of Commerce

1301 S. Hwy 160, Pahrump

March 4

6pm to 9pm

LVBNM Gone Green Expo 2015

Suncoast Hotel & Casino

9090 Alta Dr., Grand Ballroom, Las Vegas

March 4

6pm to 7pm

Water Street Rall-E

The Gold Mine Tavern

23 S. Water St., Henderson

March 5

8am to 5pm

Green Chips Convene for Green 2015

The Rio All Suites Hotel

3700 W. Flamingo Rd., Las Vegas

March 6

8am to 10am

Success with Social Media Marketing

Microsoft Store-Fashion Show Mall

3200 Las Vegas Blvd. Suite 1045, Las Vegas

March 9

9am to 4pm

American Supplier Initiative Matchmaker

Mandalay Bay

3950 S. Las Vegas Blvd, Las Vegas

March 10

8:30am to 12pm

Introduction to GSA Schedules

Embassy Suites

4315 Swenson St., Las Vegas

March 17

9:30am to 11:30am

Creating a Culture of Success

Chicanos Por La Causa

3685 Pecos-McLeod, Las Vegas,

March 18

8:30am to 5pm

Nevada Facility Operator Certification for Utility Systems

Desert Research Institute

755 E Flamingo Rd., Las Vegas

March 19

1pm to 3pm

Where’s The Contract Washoe County School District

Governor’s University of Nevada Cooperative Extension

8050 Paradise Rd. Classroom A & D, Las Vegas

March 24

8:30am to 5pm

Lean Manufacturing Workshop

Desert Research Institute

755 E Flamingo, Las Vegas

March 31

2:30pm to 4:30pm

2015 Jump Start

Humana Guidance Center

8975 W. Charleston Blvd, Las Vegas

April 1, 8, 15, 22, 29

9:30am to 10:30am

1 Million Cups

Work in Progress

317 S. 6

St., Las Vegas

April 15

9am to 12pm

Institute for Supply Management Supplier Opportunity

Brady Industries

7055 Lindell Rd., Las Vegas

April 16

1pm to 3pm

Where’s the Contract? Doing Business with the Las Vegas Valley

Water District

Governor’s University of Nevada Cooperative Extension

8050 Paradise Rd. Classroom A & D, Las Vegas

March 11

2 pm to 3 pm

Nevada State and Local Government Vendor Registration Databases

April 8

2 pm to 3 pm

Wide Area Workflow (WAWF) for DoD Invoices & Reports

April 23

2 pm to 3 pm

Opportunities & Resources for Veteran-Owned Business

May 13

2 pm to 3 pm

Government Contracting Terminology

April 18

9am to 2:15pm

Women’s Money Conference

Texas Station

2101 Texas Star Lane, Las Vegas

April 30

9am to 4pm

City of Las Vegas Supplier Outreach Event

Fifth Street School

400 S. Las Vegas Blvd, Las Vegas

May 6, 13, 20, 27

9:30am to 10:30am

1 Million Cups

Work in Progress

317 S. 6

St., Las Vegas

For event details, registration instructions and cost, please

visit http://business.nv.gov/Business/Event_Calendar/Calendar_of_Events/

LAS VEGAS, continued

RENO/ NORTHERN NEVADA

WEBINAR

March 4, 11, 18, 25

9:00am to 10:00am

1 Million Cups

Swill Coffee and Wine

3366 Lakeside Court, Reno

March 19

1pm to 3pm

Where’s the Contract? Washoe County School District

GOED- 808 W. Nye Lane, Carson City

TMCC- 7000 Dandini Blvd. Room Sierra 108, Reno

March 28-29 Nevada Women’s Expo

Reno Sparks Convention Center- 4590 S. Virginia St., Reno

April 1, 8, 15, 22, 29

9am to 10am

1 Million Cups

Swill Coffee and Wine

3366 Lakeside Court, Reno

April 16

1pm to 3pm

Where’s the Contract? Doing Business w/ LV Valley Water District

GOED- 808 W. Nye Lane, Carson City

TMCC- 7000 Dandini Blvd. Room Sierra 108, Reno

May 6, 13, 20, 27

9am to 10am

1 Million Cups

Swill Coffee and Wine

3366 Lakeside Court, Reno

Various Dates, Locations, Times Start Up Basics

Redfield Campus– 18600 Wedge Pkwy, Bldg A., Rm 214– Reno

▪ 6:30– 8:30 pm: March 17, April 7 & 21, May 5 & 19, June 2 & 16

▪ 9:30– 11:30 am: March 28, April 25, May 23, June 27

NNDA– 704 W. Nye Lane,- Carson City

▪ 6:30– 8:30 pm: April 16, May 14, June 11

ACCESS TO CAPITAL

Accion

1951 Stella Lake St.

Las Vegas, NV. 89106

Phone: (702) 250-3372

Web: www.accionnv.org

Bank of Nevada

Mulple Locaons

Web: www.bankofanevada.com

Prestamos/CPLC

3685 Pecos-McLeod

Las Vegas, NV. 89121

Phone: (702) 207-1614

Web: prestamosloans.org

Nevada State Bank

Mulple Locaons

Web: www.nsbank.com

Nevada State Development Corporaon

1551 Desert Crossing Ct.

Las Vegas, NV. 89144

Phone: (702) 877-9111

Web: www.nsdc.com

Nevada State Development Corporaon

6572 South McCarran Blvd.

Reno, NV. 89509

Phone: (775) 770-1240

Web: www.nsdc.com

Nevada Microenterprise Iniave (NMI)

550 E. Charleston Blvd. Suite E

Las Vegas, NV. 89104

Phone: (702) 734-3555

Web: www.4microbiz.com

Rural Nevada Development Corporaon

1320 E. Aultman St.

Ely, NV. 89301

Phone: (775) 289-8519

Web: www.rndcnv.org

SBA

Mulple Locaons

Web: www.sba.gov

The Interface Financial Group

Chuck and Karin Schultz

Phone: (702) 636-8644

Web: www.interfacenancial.com/

Schultz

USDA Rural Development

7080 La Cienega St. Ste. 100

Las Vegas, NV. 89119

Phone: (702) 407-1400 ext. 103

Web: www.rurdev.usda.gov/

NVHome.html

The Valley Center Opportunity Zone

(VCOZ)

300 North 13th St.

Las Vegas, NV. 89101

(702) 384-8269

Web: www.vcoz.org

Wells Fargo

Mulple Locaons

Web: www.wellsfargo.com

EXPORTING

Governor’s Oce of Economic

Development

See Government Contracts below

Nevada Industry Excellence

Mulple Locaons

Web: www.nevadaie.com

U.S. Department of Commerce-

U.S. Export Assistance

400 S. Fourth St. Ste. 250

Las Vegas, NV. 89101

Phone: (702) 388-6469

Web: www.export.gov

GOVERNMENT CONTRACTS

Clark County Department of Finance

Purchasing & Contracts

500 S. Grand Central Pkwy.

Las Vegas, NV. 89155

Phone: (702) 455-0000

Web: www.clarkcountynv.gov/depts/

nance/purchasing/pages/default.aspx

Governor’s Oce of Economic

Development

555 E. Washington Ave. Suite 5400

Las Vegas, NV. 89101

Phone: (702) 486-2700

Web: www.diversifynevada.com

Governor’s Oce of Economic

Development

808 West Nye Lane

Carson City, NV. 89703

Phone: (775) 687-9900

Web: www.diversifynevada.com

Nevada Department of Transportaon

600 S. Grand Central Pkwy. Room 140

Las Vegas, NV. 89106

Phone: (702) 730-3301

Web: www.ndotdbe.com

INSURANCE

State of Nevada, Division of Insurance

2501 E. Sahara Ave. Suite 302

Las Vegas, NV. 89104

Phone: (702) 486-4009

Web: www.doi.state.nv.us

State of Nevada, Division of Insurance

1818 E. College Parkway Suite 103

Carson City, NV. 89706

Phone: (775) 687-0700

Web: www.doi.state.nv.us

State of Nevada, Division of Industrial

Relaons, Workers’ Comp Secon

1301 N. Green Valley Pkwy, Suite 200

Henderson, NV 89047

Phone: (702) 486-9000

Web: dirweb.state.nv.us/wcs/wcs.htm

LABOR LAWS

State of Nevada, Oce of the Labor

Commissioner

555 E Washington Ave. Suite 4100

Las Vegas, NV. 89101

Phone: (702) 486-2650

Web: www.laborcommissioner.com

NEVADA SMALL BUSINESS

RESOURCE DIRECTORY

N E T W O R K I N G

A C C E S S A B I L I T Y

State of Nevada, Oce of the Labor

Commissioner

675 Fairview Dr. Suite 226

Carson City, NV. 89701

Phone: (775) 687-6409

Web: www.laborcommissioner.com

STATE BUSINESS LICENSE

Secretary of State

Mulple Locaons

Web: www.nvsos.gov

SilverFlume Business Portal

Web: nvsilverume.gov

TAXATION

State of Nevada, Department of Taxaon

Mulple Locaons

Web: www.tax.nv.gov

Internal Revenue Service

110 N. City Parkway

Las Vegas, NV. 89106

Phone: (702) 868-5005

Web: www.irs.gov

TRAINING OPPORTUNITIES

Nevada Microenterprise Iniave (NMI)

550 E. Charleston Blvd. Suite E

Las Vegas, NV. 89104

Phone: (702) 734-3555

Web: www.4microbiz.com

Nevada Small Business Development

Center

Mulple Locaons

Web: www.nsbdc.org

SBA

Mulple Locaons

Web: www.sba.gov

SCORE

Mulple Locaons

Web: www.score.org

Vegas PBS – Global Online Advanced

Learning (GOAL)

3050 E. Flamingo Rd.

Las Vegas, NV. 89121

Phone: (702) 799-1010

Web: www.vegaspbs.org/workforce/

VETERANS SERVICES

Nevada Department of Veterans Services

Mulple Locaons

Web: www.veterans.nv.gov

WORKPLACE SAFETY

State of Nevada, Division of Industrial

Relaons

1301 N. Green Valley Parkway Suite 200

Henderson, NV. 89014

Phone: (702) 486-9080

Web: www.dirweb.state.nv.us

State of Nevada, Division of Industrial

Relaons

400 West King St. Suite 400

Carson City, NV. 89710

Phone: (775) 684-7260

Web: www.dirweb.state.nv.us

OTHER

City of Henderson

240 Water St.

Henderson, NV. 89015

Phone: (702) 267-2323

Web: www.cityoenderson.com/

economic-development/home

City of Las Vegas

495 S. Main St.

Las Vegas, NV. 89101

Web: www.lasvegasnevada.gov

Clark County

500 S. Grand Central Pkwy.

Las Vegas, NV. 89155-1212

Phone: (702) 455-2000

Web: www.clarkcountynv.gov

Economic Development Authority of

Western Nevada (EDAWN)

5190 Neil Rd. Suite 110

Reno, NV. 89502

Phone: (775) 829-3700

Web: www.edawn.org

Nevada Associaon of Counes (NACO)

304 South Minnesota St.

Carson City, NV. 89703

Phone: (775) 883-7863

Web: www.nvnaco.org

Nevada Department of Employment,

Training and Rehabilitaon

2800 E. St. Louis Ave.

Las Vegas, NV. 89104

Web: www.detr.state.nv.us

Nevada Department of Employment,

Training and Rehabilitaon

500 E. Third St.

Carson City, NV. 89713

Web: www.detr.state.nv.us

Nevada League of Cies & Municipalies

310 S. Curry St.

Carson City, NV. 89703

Phone: (775) 882-2121

Web: www.nvleague.com

Nevada Women’s Business Center

Nevada Microenterprise Iniave (NMI)

550 E. Charleston Blvd. Suite E

Las Vegas, NV. 89104

Phone: (702) 734-3555

Web: www.4microbiz.com

The CUBE

800 Haskell St.

Reno, NV. 89509

Phone: (775) 622-9900

www.c4cube.com

University of Nevada Las Vegas

Oce of Economic Development

4505 S. Maryland Pkwy.

Box 451092

Las Vegas, NV. 89154-1092

Phone: (702) 895-3011

Web: www.unlv.edu/research/econdev

A W A R E N E S S

Bruce Breslow, Director

Terry Reynolds, Deputy Director

555 E Washington Avenue, Suite 4900

Las Vegas, NV 89101

1830 College Parkway, Suite 100

Carson City, NV 89706

biinfo@business.nv.gov



(702) 486-2750

(775) 684-2999

business.nv.gov @SmallBizNV

/BusinessandIndustry

Production Team

Carrie Foley

Linda Gooley

Teri Williams

The Business Advocate is a publication of the Nevada

Department of Business and Industry. The Business

Advocate welcomes ideas and suggestions to make

this publication as relevant and useful to readers as

possible. Questions or concerns about content of The

Business Advocate may be addressed to: Teri

Williams, Department of Business and Industry, 555 E.

Washington Ave., Suite 4900, Las Vegas, NV 89101.

Please email subscription requests to

[email protected].gov

This publication is about you, our state’s small businesses and entrepreneurs. In future editions, we’d like to

incorporate a feature highlighting a small Nevada-based business, like yours, that is vital to our state’s ongo-

ing employment and economic growth. If you have a unique story to tell or have invaluable experience with

specific aspects of business ownership or management that would be beneficial to other small business own-

ers, we would like to hear from you!

We want to hear about how you served an unmet need in the marketplace, revolutionized a process, over-

came challenges to launch a new venture or adapted your business to survive and/or grow during the reces-

sion. If you’re an entrepreneur, we want to hear about how you developed your business concept, how you

obtained capital to launch your endeavor or if your business grew out of a hobby or personal interest.

Your business must currently be licensed and in good standing with the State. To submit your information for

consideration and potential inclusion in a future newsletter, please complete a Small Business Spotlight form,

which can be found on our website: http://business.nv.gov or request the form via email:

cfoley@business.nv.gov.

Completed forms should

be received by our office

no later than April 15,

2015. The selected busi-

ness will be notified by a

member of our newsletter

staff who will work with

you to develop the con-

tent for the feature.

Wanted: Your story!