LV Ideal For Franchise Companies

Las Vegas Sun:

Week after week, we are bombarded with news about the recession in Las Vegas. As the rest of the nation appears to be in recovery, our city is lagging behind. And none of us is surprised, given that our economy is still so dependent on one industry. As gaming goes, so goes Las Vegas.

So, what are we doing to change that? Much lip service has been given to economic diversification, but progress in that area is slow.

Diversification is something we should have focused on more closely during the boom we experienced half a decade ago (hindsight being 20/20).

Tourism still accounts for a large percentage of our economic activity. Until the opposite is true, it is important to discuss ways that we can grow noncore industries in Las Vegas. Read more.

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