Visit Vegas Places with Coyal

Licenses, Laws, & Launch: Navigating the Nevada Business Landscape with Vicki Greco

April 26, 2024 Coyal Harrison III Season 6 Episode 12

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In this episode, host Coyal interviews Vicki Greco, owner of Silent G Consultant, about starting and running a business in Nevada. They discuss the license application process, resources for starting a business, and the importance of strategic business planning. Vicki also shares insights on launching a nonprofit and offers tips for new business owners. She emphasizes the need for a marketing budget and a strategic business plan to increase the chances of success. Vicki provides valuable information on taxes, including the importance of separate bank accounts and tracking expenses. The episode concludes with a fun Vegas trivia segment.

Takeaways

  • The license application process for businesses in Nevada requires careful consideration of state and local requirements.
  • Strategic business planning is crucial for the success of a business, including identifying target markets and creating marketing budgets.
  • Launching a nonprofit involves steps such as establishing a board, writing bylaws, and obtaining tax-exempt status.
  • Separate bank accounts and tracking expenses are essential for managing business finances and filing taxes accurately.
  • Vicki Greco offers a range of services to help businesses in Nevada, including licensing, compliance, and strategic planning.

Sound Bites

Chapters

00:00
Introduction and Milestone
00:55
Tips for Owning a Business in Nevada
02:24
Resources for Starting a Business in Nevada
03:21
Introduction of Guest
04:09
Vicki's Background and Services
05:07
Underrated Considerations for New Business Owners
06:59
Steps to Launching a Nonprofit
 07:29
Launching a For-Profit Business in Nevada
09:08
Importance of Strategic Business Planning
12:00
Profit and Taxes for New Businesses
13:01
Filing Taxes with H&R Block
16:13
Steps to Launching a Nonprofit
22:19
Free Classes and Consultations
26:35
This or That: Food and Taxes
29:09
Very, Very Vegas Trivia

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