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Latest News & Updates


By Gina Yager, Owner & Director, GYC Vegas 06 Nov, 2024
In today’s fast-paced, information-driven world, building trust and credibility is essential for business success. Whether you’re launching a new product or nurturing an established brand, public relations (PR) is the secret ingredient that can turn casual customers into loyal fans. PR bridges the gap between businesses and their audiences, ensuring your message resonates and builds a reliable reputation.  Here are seven powerful ways PR helps brands craft compelling stories, connect with audiences, and prove they’re the real deal: 1. Showcase Authenticity Let’s face it, authenticity may be a buzzword, but it’s the foundation of trust. A well-crafted PR strategy helps brands showcase their genuine values. By sharing your story transparently through press releases, media interviews, and blog posts, PR professionals create a narrative that resonates emotionally with customers and builds loyalty. 2. Cultivate Long-Term Relationships PR isn’t just about one-time wins; it’s about cultivating lasting relationships with both the media and your audience. Much like tending to a garden, this process requires time, attention, and nurturing, but the benefits are worth it. By maintaining ongoing connections, brands can secure continuous opportunities for media coverage and audience engagement. Over time, these relationships position a brand as a trusted source of information and a steady presence within its industry, reinforcing strength, trust, and credibility. 3. Highlight Corporate Social Responsibility Consumers are more conscious than ever. They want to support businesses that make a positive impact. PR plays a critical role in highlighting a company’s CSR efforts—whether that’s through sustainability initiatives, community involvement, or charitable partnerships. Sharing these initiatives with transparency allows businesses to demonstrate their commitment to the greater good, deepening trust with customers who prioritize ethical and socially responsible brands. 4. Manage Reputation Even the most reputable brands face challenges. In a world where news spreads like wildfire, proactive reputation management is crucial. A skilled PR team quickly responds to negative feedback, tackles crises transparently, and highlights your positive initiatives, like community involvement and corporate social responsibility. PR professionals strategically guide businesses through challenging situations, ensuring that your reputation is protected and restored with transparency and grace. 5. Leverage Third-Party Validation Endorsements can work wonders for a brand’s reputation. PR professionals excel at securing third-party validations, such as media coverage, influencer partnerships, and industry accolades that enhance brand perception. It’s like having a well-connected friend who knows how to introduce you to the right people. Whether through traditional media features, podcast appearances, or social media endorsements, PR professionals can leverage their skills and networks to obtain these valuable endorsements. These external validations serve as powerful trust signals, helping businesses stand out in a crowded marketplace. 6. Establish Thought Leadership If you aspire to be recognized as an expert in your field, PR can pave the way. By positioning business executives as thought leaders, PR professionals showcase your expertise and insights to a broader audience. This is done by securing speaking engagements, writing contributed articles, and encouraging participation in industry panels. Consistently engaging in these activities not only strengthens your credibility but also reinforces your brand's expertise. Over time, this boosts trust and confidence among customers, partners, and stakeholders alike. 7. Ensure Consistent Communication Trust is built over time, and consistency is crucial for sustaining it. An effective PR strategy ensures that a brand’s messaging is aligned across all platforms, whether in social media updates or media interviews. This uniformity in communication helps establish a clear brand identity, minimizes confusion, and strengthens credibility in the minds of the audience. In a world where trust is harder to come by, PR is the superhero your business needs. It’s not just about publicity—it’s about transforming how companies are perceived and creating meaningful relationships with customers. At GYC Vegas, we believe effective PR sets the stage for long-term success. Investing in PR is an investment in your brand’s future, enhancing credibility, awareness, and growth. If you’re ready to elevate your business and harness the power of great PR, c ontact us for a complimentary consultation today. Let us craft a PR strategy that aligns with your unique goals and budget!
By Nevada Small Business Development Center 30 Oct, 2024
When starting a new business, one of the most critical steps to ensure success is to secure the right suppliers. Whether you're sourcing products or raw materials, getting suppliers on board can make or break your success. But how do you approach suppliers when your business is still new? The key lies in reducing their perceived risk. Understanding Supplier Risk Suppliers, like any other business, want to minimize their risk. They typically assess risk based on several factors, including: The Size of Your Order: Larger orders can make suppliers more hesitant, especially if there’s no past relationship. A small but regular order might ease their concerns. Past Relationship: If you have a history with a supplier, they’ll feel more comfortable. For new businesses, though, this can often be a hurdle. Payment Terms: Offering to pay upfront is the quickest way to alleviate a supplier’s risk. If you're willing to pay in advance, the supplier is more likely to overlook the size or reputation of your business. The Size and Reputation of Your Business: Larger, more established companies seem less risky to suppliers. As a new business, you might not have this advantage, but you can still present yourself as serious and professional by clearly understanding and articulating your needs. Making a Good First Impression The simplest way to reduce a supplier's risk is by offering to pay upfront. Suppliers are ultimately concerned with getting paid, so paying in advance reassures them that you're serious. However, conveying legitimacy goes beyond payment alone. Before you contact a supplier, ensure you know exactly what you need. Being indecisive or vague may signal inexperience, which can scare off potential suppliers. Take time to research and fully understand your business needs, so when you do reach out, you can confidently present your request or offer. Some suppliers have websites where you can order limited quantities of products at retail prices. For wholesale rates, however, you’ll likely need to set up a wholesale account. This typically involves submitting business and tax information, which again, demonstrates to suppliers that you're operating a legitimate business. Building a Relationship with Suppliers While securing the first deal with a supplier is important, your long-term success depends on building strong relationships. Suppliers can be much more than just product sources—they can also offer valuable insights into market trends, new product opportunities, and even help you refine your offerings. Suppliers generally fall into four categories: Manufacturers: Typically offer the lowest prices, but shipping costs might be higher depending on their location. Distributors: They offer flexibility in terms of small orders from various manufacturers, though at a higher price per item. Independent Craftspeople: Often offer exclusive distribution deals for unique, handmade products. Import Sources: Many businesses purchase foreign goods through domestic importers, which can streamline the process but come with additional costs. As you explore different supplier options, remember that reliability and stability are critical. You need suppliers who can consistently deliver the right products on time and who have a solid track record. Additionally, the supplier’s location plays a role. Shipping costs and delivery times can vary greatly depending on where the supplier is based, so consider this when making your decisions. Finding the Right Supplier Whether you're reaching out to manufacturers, distributors, or independent craftspeople, the key to success lies in reducing their risk, showing your professionalism, and building long-term partnerships that can sustain our business into the future. By being prepared and demonstrating your seriousness, you’ll increase your chances of securing the suppliers you need to grow your business. There are plenty of resources out there for finding and setting up accounts with suppliers, but requesting no-cost and confidential one-on-one business advising from the Nevada Small Business Development Center (Nevada SBDC) is a great first step. Through the State Small Business Credit Initiative (SSBCI), Nevada SBDC advising services are designed to prepare you for access to capital, thereby promoting economic growth through business starts, increased sales and job creation. With the idea to address market gaps and promote the growth of small businesses across all communities in Nevada, this program aims to enhance a business’s capacity not only to secure capital, but also fortify its operational resilience, positioning it for sustainable growth and success in a competitive market. Learn more about SSBCI and get matched with a Nevada SBDC advisor that best suits the needs of your business today at https://nevadasbdc.org/ssbci/ . —----- Did you know our state is working to create opportunities for small businesses that want to grow? A new loan program launched last year by the Nevada Governor’s Office of Economic Development (GOED) offers flexible, fixed-rate loans up to $250,000 for qualified small businesses. The Battle Born Growth (BBG) Microloan Program gives small business owners like you a boost in funding to upgrade equipment, hire new employees, or pay for other expenses to grow your business. The best part about this program is free access to one-on-one guidance and technical assistance from experts who understand the unique challenges small businesses face. If you need support to get loan-ready, experts at the Nevada Small Business Development Center (SBDC ) are there to help. Fill out the loan pre-application to see if you qualify and get connected with a lender or technical assistance provider today! Find more information at https://nvmicroloans.org/
By Select Health 28 Oct, 2024
Select Health is on a mission to help Nevadans live their healthiest life possible with insurance made simple. Integrated with Intermountain Health , Select Health offers traditional commercial and Medicare Advantage insurance plans in Nevada, Utah, Idaho, and Colorado. The new Las Vegas headquarters opened in June, but it is more than just an office building. It serves as both a primary healthcare clinic operated by Intermountain Health and insurance services hub for Select Health members. The Intermountain Health Maule Clinic , located inside the Select Health headquarters on 6795 Agilysys Way in Las Vegas, is open for members between 8 a.m. and 5 p.m. Monday through Friday.  “Our new building and clinic offer a one-stop shop for care, support, and services, making the experience easier for patients and members,” Jason Worthen, Select Health market president for Nevada said. Here are a few ways Select Health members can benefit from their insurance plan.
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