O'Reiley, Tim
July 2008
Las Vegas Business Press (10712186);7/21/2008, Vol. 25 Issue 29, pP6
The article reports that new business ventures were opened in Las Vegas, Nevada despite the economic downturn. The entry notes that business formation is not significantly affected by the economic cycle but will require greater precision and discipline to keep it profitable. Also discussed are factors that should be considered for business operations under a slow economy such as reducing the estimated number of customers willing to travel more than five miles, managing tighter lending standards by banks, and monitoring cash flow.


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