07 February 2014
President’s Letter: Nevada Small Business Survey

Nevada State Bank recently commissioned Applied Analysis to conduct a statewide survey of more than 400 Nevadans who own, operate or manage small businesses with annual revenues between $500,000 and $5.5 million.  I’d like to invite you to read our findings, which were published in the Nevada State Bank Small Business Survey.  A digital copy of the survey can be accessed at nevadasmallbusiness.com/survey.

The goal was to learn what we could do to help Nevada’s small businesses succeed.  To answer that, we needed to ask some questions: “What worries the people who own and operate these businesses?  Do they think we are going in the right direction?  What do they need in order to prosper and create more jobs?”

At Nevada State Bank, we know these questions are important. That’s why we invested a good deal of time, talent and expense to get the answers, and we’re using this data to help shape our products and services going forward.  We hope these results will also be useful for policymakers, as well as anyone who wants more information about the business climate in Nevada.

It has been said many times that small businesses are the backbone of our economy.  It’s true nationally, and it’s certainly true here in Nevada, where small businesses not only drive our local economy, but also play a key role in the success of Nevada State Bank.

To find out what your peers and your business clients are thinking, please access the Small Business Survey online, or ask your business banker for a printed copy.

Best Regards,

Dallas

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