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February 2018 Archives

How safety tech can reduce backup collision rates

Drivers in Nevada, as elsewhere in the U.S., may be looking forward to fully automated vehicles, but before that time comes, they may want to consider the safety tech that's available right now. A new study from the Insurance Institute for Highway Safety has shown that rear automatic braking systems, for example, can be really effective in preventing backup collisions.

Financing options for small businesses

There is a variety of reasons why a Nevada business owner may need financing. For instance, cash may be needed to keep up with a spike in demand or the doors open during the slow season. Those who need a loan may want to consider their debt-service coverage ratio (DSCR) when determining how much they need. The DSCR gauges a company's ability to pay back its debt given its current cash flow.

Property negligence and what it involves

Negligence laws in Nevada include community and industry standards that property owners and entrants must live up to, punishing owners who fail to keep their property free of unreasonable dangers. These laws almost always come into play when an entrant is injured on someone else's property and wishes to sue for damages, such as medical expenses and lost wages.

Costs entrepreneurs should consider when running a company

Those in Nevada and elsewhere who want to start their own company may have a lot of expenses when they first start. Some of these expenses they may plan for. However, there may be several that they fail to anticipate or don't fully understand. For instance, business owners will need to pay a self-employment tax of 15.3 percent on profits of up to $127,000.

Why today's vehicles may be safe enough

Those who live in Nevada or anywhere else in the United States may have heard about the potential of self-driving cars. However, it is unlikely that anyone will be able to buy one for several years. Therefore, it may be better to focus on what cars can do now to reduce accidents and generally keep everyone safer while on the road. For instance, cars may come with collision avoidance systems.

Brain injuries may carry higher risk of dementia

Nevada residents who have suffered a traumatic brain injury may be at increased risk of dementia, a study published in January 2018 indicates. These injuries led to over 2.5 million visits to the emergency room in 2013 around the country, and it is a major cause of disability and fatalities.

Moves to avoid when creating a startup

Business owners in Nevada may want to achieve growth in the shortest amount of time possible. However, taking shortcuts to achieve that growth could result in larger problems for the company in the long run. For instance, companies should refrain from hiring too quickly. Ideally, the people who are brought on board will be a culture fit and have a defined role in helping the company grow.

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Aldrich Law Firm, Ltd.
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