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July 2018 Archives

What to know about making a business plan

Anybody who wants to start a business in Nevada or anywhere else will need to have a plan. Even if you don't create a formal or traditional business plan, it is essential to understand what the company has been established to do. It is also important to know how the company's goals will be achieved and what happens if those goals change for any reason.

How small companies can overcome the competition

Nevada entrepreneurs should be wary of larger companies trying to squeeze them out of the marketplace. It is not uncommon for large businesses to have a fear of disruption. Therefore, they may attempt to incorporate changes before their smaller competitors can cause such disruption to happen. However, smaller businesses can win by offering better customer service and targeting niches that mature organizations may not effective in reaching.

Car crash deaths topped 40,000 in 2017, says NSC

As in the rest of the U.S., fatal car crashes are all too common in Nevada. According to a preliminary estimate from the National Safety Council, 2017 has seen fatal car crash numbers surpass 40,000 for the second year in a row. Compared to the 40,327 deaths reported in 2016, there were 40,100 in 2017. The number is 6 percent higher than in 2015 and the highest since 2007.

A cutting-edge CTE test may be just around the corner

Studies have recently revealed that CTE is more common than most people realize. Also known as chronic traumatic encephalopathy, this condition is found among those who have suffered brain injuries. Currently, the only way to diagnose CTE is to carry out an autopsy, and that makes long-term studies extremely difficult. Over the last few years, a research team at UCLA has developed a CTE test that may allow doctors to diagnose this condition in living people in the near future.

What to know about convertible notes

Nevada entrepreneurs who are looking to raise money for their companies may want to consider using convertible notes. Essentially, the note is a debt instrument that converts into an equity share of a company as more money is raised. For business owners, it is a simpler way to raise money because there is less of a need to put a strict valuation on the company. It may also be beneficial from a tax perspective.

Falling AC units in New York: not a myth

Nevada residents may or may not be familiar with the usual safety concerns that grip New Yorkers, but some of them are myths. A penny thrown from the top of the Empire State Building, for instance, will not gather enough momentum to kill someone below upon impact. Another concern, though, has solid grounding in fact.

Smartphone distractions and fatal traffic crashes rise in summer

Long road trips often take travelers across Nevada during the summer vacation season. Data collected by TrueMotion, a company that analyzes smartphone use, indicates that drivers increase their smartphone usage by about 10 percent during June, July and August. The company studied 20,000 drivers and determined that they were engaged with their mobile devices for about 15 minutes out of every hour during the summer months.

New study sheds light on healing role of microglia

Microglia are cells found in the central nervous system. They are classified as phagocytic because their role is to consume other cells. Microglia's role in the development and healing of the brain is known to medical experts. In fact, these cells can prune away any inactive neuronal synapses and eat bacteria and other pathogens that infect the brain. Nevada residents who have suffered brain or spine injuries should know that microglia could be crucial to their situations, too.

Mobile devices viewed as a major factor in pedestrian deaths

Nevada motorists may be interested to learn that the increase in pedestrian fatalities is being blamed on distracted driving. The chairperson for Detroit's College for Creative Studies transportation design program believes that social patterns, rather than the design of vehicles themselves, is responsible for the 46 percent uptick in vehicle-related pedestrian fatalities since 2009. During the same period, other forms of vehicle fatalities have only risen by 11 percent.

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Aldrich Law Firm, Ltd.
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