WOMEN IN POWER BUSINESS MAGAZINE | Winter 2023

WOMEN IN POWER

SPECIAL ANNIVERSARY ISSUE

SANDRA DOUGLASS MORGAN

Makes History as First Black Woman to Lead NFL Team-- Las Vegas Raiders

FEATURE ARTICLE

Meet Your New Nevada Supreme Court Justice

(Seat F) Patricia Lee

MEET

Powerful Women of The Chamber Who Made History

March 24, 2023

19th Annual Nevada Women's Hall of Fame

15 Inductees & Top Honor Pioneer Award During Women's History Month

Cover Story by Amie Jo Greer

Dear Members & Readers,

The Women’s Chamber is celebrating its 21st year anniversary, with its members and major corporations who have supported the State Women’s Chamber since May 8, 2002. As the Founder, President and CEO, it has been a wonderful journey and I want to share a little of our history. History: The Women’s Chamber of Commerce of Nevada (WCCNV) is a women-owned Nevada State Chamber in the state’s 159-year history.

The Historical State Women’s Chamber was established May 8, 2002 by U.S. Chamber of Commerce and June L. Beland, I am also the owner of ABC Publishing© since 1982. I was introduced to the idea of starting a Women’s State Chamber for Nevada by the U.S. Chamber, where I had been a member for over 40 years. What most people do not know is that I invested my own money to start and maintain the Chamber for the first five years until the membership gave the Chamber financial stability and with the help of my own company ABC Publishing©.

I used my publishing company to promote the History of our Women’s Chamber and our own Bi-Monthly Chamber Business Journal© (A Chamber Member only publication) to help market our members and give them a platform in the media in Las Vegas and Nevada (about our own members, local and state news, the Chamber membership market while promoting our Women’s Chamber.

As a minority and diversity state Women’s Chamber, we are non-partisan and do not endorse candidates. We have no political affiliation, nor do we have a PAC fund. We do, however, support our candidates in Nevada to all our members and we hold events. We support all our members (women & men) in all areas of business ownership or careers. We also support all diversity in business and local, state and federal offices. Our Government Affair Council Director is one of our board members, Ms. Anita Laruy, who has served 30 years in legal and government arena.

As the CEO of WCCNV, I am always promoting all diversity Chambers of Commerce within the State of Nevada. We work with all 45 State Chambers in the US, and email our publications to thousands of City Chambers in the USA.

Published by

Women’s Chamber of Commerce of Nevada© All rights reserved

Executive Board

Anita Laruy

Dolores Campuzano-Pignatello

Summer Clark-Webb

Berenice Church

Rita Vaswani

Capucine Holmes

Publisher/Editor

June L. Beland

Proofreader

Anita Laruy

Barbara Wilson

Photos Provided by Las Vegas Raiders

Women's Chamber

Cover Story by Amie Jo Greer

Designed by Norman H. Beland, Jr.

Disclaimer: The Women’s Chamber of Commerce of Nevada dba WCCNV©, all rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher. WCCNV©, the Publisher and its Affiliates have made every effort to ensure the accuracy of the information was correct at time of publication. WCCNV©, the Publisher and its Affiliates do not assume and hereby disclaim any liability to any party or advertiser for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from accident, negligence, or any other cause. All articles are for informational purposes only and should not be relied on, or construed as legal advice and the views expressed are not necessarily those of the WCCNV© Magazine. WCCNV© Contact

Cover Story

pages 14-15

CONGRATULATIONS

THE 5 QUALITIES ALL SUCCESSFUL LEADERS HAVE IN COMMON

DON’T DEPEND ON HOMEOWNER’S INSURANCE FOR YOUR HOME-BASED BUSINESS

19TH ANNUAL NEVADA WOMEN’S HALL OF FAME: 2023 INDUCTEES

6 POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

SANDRA DOUGLASS MORGAN NEW PRESIDENT OF LAS VEGAS RAIDERS

PATRICIA LEE NEW NEVADA SUPREME COURT JUSTICE

SANDRA DOUGLASS MORGAN New President of Las Vegas Raiders

The Nineteenth Annual

Presented by the Women’s Chamber of Commerce of Nevada ©

During Women’s History Month

2023 Inductees

Pioneer Award Recipient: Former First Lady of Nevada, Katherine (Ong) Sisolak

Women's Chamber Presidential Inductee: Summer Webb

Minority Lifetime Achievement Inductee: Jacqueline Nguyen, Esq.

Leadership Inductees: Warlesea R. Fatta, Anna Gomes, Loren Lahav, Larnique Mickens, Shane Jasmin Young, Esq.

Young Professional Inductee: Kara Rene Arenas, Erica Thompson, Silvina Jover, Angela Cook

Non-Profit Organization Inductee: Taylor Gardner Chaney

Legacy Entertainment & Media Inductees: TV-News Anchor Inductee: Krystal Allan - KSNV-NBC News-3

Digital Media Inductee: ANN Parenti, Forgotten Song Foundation

Executive Producer / Director: Paula Jackson

Master of Ceremonies, John Huck, Emmy Award Winner Fox News Mistress of Ceremonies, Krystal Allan, Anchor, KSNV-NBC News-3

March

to 1:30pm

Lawry’s The Prime Rib

MC John Huck

Emmy Award Winner FOX5 News

CO-MC Krystal Allan Anchor, KSNV-NBC News-3

Opening Speaker June L. Beland President and CEO

BERENICE CHURCH

Vice President, Senior Relationship Manager, Global Banking & Markets Business Banking, Bank of America

Berenice Church is a Vice President, Senior Relationship Manager in Business Banking with Bank of America N.A.

Berenice has been in the Commercial Banking Industry for 23 years in the Las Vegas Market. She manages a portfolio of Commercial Business clients working with the CFO’s, Officers and Owners to help them succeed financially by giving them guidance in their banking needs and other areas of finance by being her clients trusted advisor. You can say she is almost a native of Las Vegas since her father’s government job

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

moved the family here in the late 70’s. Berenice is on the Executive Board of the Women’s Chamber of Commerce of Nevada, serves on the Board of the WCCNV Legacy Foundation 501(c)(3) a Scholarships Fund for at risk high school students, chairwoman of the ATHENA International Awards and Co-Chair of the Women's Hall of Fame Awards. Berenice was also a finalist for NAWBO’s Glass Ceiling Women of Distinction Awards in 2020. Previous positions in organizations include being a previous board member of Life after Active Duty, which helps veterans of the armed forces, and a 2019 graduate of Commercial Real Estate Women’s Leadership Class. She belongs to CREW (Commercial Real Estate Women), she serves on the Golf Committee and Run 4 the Roses Committee for CREW. Berenice is also a member of NAIOP, SMACNA/MCA & CCIM. Berenice volunteers her time to non-profit charitable institutions in Southern Nevada with community outreach.

CAPUCINE HOLMES

Manager, Community Engagement and Philanthropy Caesars Entertainment

Capucine Holmes is the Corporate Social Responsibility Manager, Community Engagement and Philanthropy for Caesars Entertainment. She manages relationships with Diversity, Equity, and Inclusion partners. She made Las Vegas her home in 1999. Capucine responsibilities throughout her career consist of program management, program development and delivery, budget and team management, fundraising, public speaking, and relationship management. She serves on non-profit boards to ensure the betterment of the communities of Southern

Nevada. Capucine Holmes has a background in Labor Studies, Six-Sigma and worked in developmental roles for companies such as Ford Motor Company as a FTPM Group Leader. She worked as Director of Manpower Inc. in which developed the Training Division with a dynamic team for a company that employs over 4,000 people annually in Southern Nevada. Also, she has an extensive background as a grant writer who has increased levels of funding up to $2.3 million. Capucine has paved a way in Las Vegas as the One Stop Lead for the Nevada Hospital Association and as a Director of a Ryan White Part A /340 B program. She worked in politics with billionaire presidential candidate Tom Steyer as Black Outreach locally and nationally. As well as the Nevada Complete Count for Fair Count, a non-profit organization founded by Stacey Abrams. Capucine Holmes has a passion to see a diversity of people succeed in the world.

CSR

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

ANITA LARUY

Certified Life and Legislative Coach

Anita Laruy has obtained both a Bachelor’s Degree from the City College of New York and a Juris Doctor from the Interamerican University’s School of Law. She was certified as a Life Coach at the Coach Training Alliance. She has been employed in the private and public sectors as a Lawyer, Lobbyist and Administrator. For the last ten years she has successfully served clients through her coaching practice. What makes this coach special is her wealth of knowledge and the fact that she is fully bilingual. Anita speaks, reads and writes Spanish

fluently. Coaching has become the leading tool that successful people use to live extraordinary lives. It is a co-creative relationship that is established between the client and the Coach. It is based on trust, honesty, and accountability and is results oriented. It centers on where the client is at present and what actions they are willing to take to reach their future goals. I invite you to schedule a sample session to see if I am the right person to take you to the finish line. As your coach, Anita becomes your mentor and motivator. She will help you to identify your strengths and weaknesses so that you can become focused and empowered. She will also help you identify and eliminate the obstacles that are not permitting you to achieve your personal, professional or business goals. As your partner in this coaching journey, she will guide you in creating an action plan that will lead to your taking the proper steps to achieve your success.

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

DOLORES CAMPUZANO-PIGNATELLO

Executive Director of Meeting, Events, The Chelsea F&B Operations and is the Community Involvement Ambassador for the Cosmopolitan of Las Vegas

Dolores has been with the Cosmopolitan for 5 years. She has worked in the Hospitality/ F&B Industry for over 28 years. Prior to the Cosmopolitan, Dolores was with MGM Resorts International for over 15 years at 3 of their Luxury Properties (Bellagio, Mandalay Bay and The Mirage). Other previous employers include Pebble Beach Resorts, Hard Rock Resorts and Walt Disney World Resorts. Dolores has lived in Las Vegas for over 30 years. She is a UNLV Alumni ’00 and went thru the very distinguished Disney University Program in ’00. She is an MGM Resorts International Leadership Institute Alumni

‘12 and a Leadership Las Vegas Alumni ’16. Dolores continues to be a mentor and advocate to various individuals. Dolores currently sits on the Boards of: The Women’s Chamber of Commerce of Nevada, The WCCNV Legacy Foundation, The Congressional Award of Nevada, Dress for Success of Southern Nevada and is an ambassador for the Nevada Donor Network. Dolores most prestigious recognitions include: 2013 Recognized as a “Young Hispanic Corporate Achiever” – A National Recognition from HACR (The Hispanic Association on Corporate Responsibility), 2013 “J. Terrance Lanni Award for Excellence” Recipient for The Mirage Resort & Casino, 2014 “J. Terrance Lanni Award for Excellence” Recipient for MGM Resorts International – MGMRI’s Highest Honor, 2015 “Glass Ceiling Award” Recipient from NAWBO, 2018 “Humanitarian of the Year” Award Recipient from the WCCNV and 2021 “Women of Distinction Award” Nominee in The Gaming, Hospitality and Convention Category” from NAWBO

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

RITA VASWANI

Rita Vaswani, Senior Vice President of Nevada State Bank in the Professional Banking Division, takes pride as an experienced Banker of 25 years specializing in meeting the needs of professionals - doctors, dentists and attorneys with all aspects of their financial needs, both business and personal. With over 25 years of banking experience focusing on SBA loans and financing for mergers & acquisitions, commercial real estate, working capital, equipment & inventory purchases, and managing cash flow. As SVP/Relationship Manager with our Professional Banking Team, we take pride in Banking Customer relationship, by understanding their needs meet their expectations. I strongly

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

believe in giving back to our community by serving on several Boards. Member of the Board of Governors for Valley Health Hospitals; Advisory Board Member of Touro University; Governing Board Member of Nevada Community Health Center of Nevada for the underserved community; Board of Trustess- FBI Citizens Academy of Las Vegas; Executive Board Member of Women’s Chamber of Commerce a Advisory Board Member of Angels of Las Vegas and Board Member of National Congressional Award in D.C. representing Nevada. President/Founder of Las Vegas India Chamber of Commerce, strong networking of International Visitors/ Investors for economic growth of Nevada. Current President of Asian American Group/AAG under the Legacy of Mike Vaswani, Founder of AAG since 1996 in Las Vegas. Mike lived his life giving back in community service to the very end by donating his organs. “Give Like Mike; Donate Like Mike”. I received several recognitions in 2014, 2015 and 2018 Las Vegas’ Top 100 Women of Influence, Distinguished Women of Nevada, and Woman of the Year by the Asian Community Resource Center of Nevada.

Senior Vice President, Professional Banking Relationship Manager Nevada State Bank

SUMMER WEBB

Vice President of Business Development American

Summer Webb serves as Vice President of Business Development for American Estate & Trust (AET), a Nevada Trust Company and Financial Institution. AET provides software for businesses nationwide to manage retirement accounts and alternative investments. Summer has been with AET since 2015 and heads strategic partnerships

and business development. She has a background in real estate and project management. Her vast industry knowledge and experience enable her to successfully support the needs of scaling businesses across the country. As a wife and mother, Summer is personally passionate about the community. She provides education on financial literacy and investing in alternative assets with retirement funds. Her family volunteers/sponsors numerous athletic and educational youth programs and provides college scholarships and funding to multiple charities. She also serves on the Executive Board of the Women's Chamber of Commerce of Nevada and The Legacy Foundation Board, providing scholarships to at-risk youth.

POWERFUL WOMEN OF THE CHAMBER WHO MADE HISTORY

. . . . .

SANDRA DOUGLASS MORGAN

The NFL Gets Its First Black Female President

The Las Vegas Raiders made national history Thursday, July 7, 2022, when they hired Las Vegas attorney, Sandra Douglass Morgan as their new team president. Her appointment created a landmark shift in the NFL franchise’s 102-year history when she became the first Black woman to hold that title for an NFL franchise.

Morgan is a Las Vegas native, and some may wonder if a woman is qualified to take on a position such as this. “I have a background in working with large corporations, and so I understand budgeting, financing and corporate structures and operations.” It is apparent she is not sitting on her laurels, she is a former Nevada Gaming Control Board chairwoman, served as the vice chair of the Las Vegas Super Bowl host committee, was on the board of directors for Caesars Entertainment and Allegiant Travel Co. In addition, she was the Director of External Affairs for AT&T Services Inc., worked for the Nevada State Athletic Commission and served as an attorney for the City of North Las Vegas as a litigation attorney for MGM Resorts International.

While her appointment as the first Black female President is the first of its kind in the NFL, she has been “first” before: she was the first person of color to chair the Nevada Gaming Control Board, the first African-American City Attorney in the state of Nevada, is now the third woman and third Black person to become president of an NFL team.

Some are wondering how this amazing appointment came to be. Amazingly, the Raiders Owner, Mark Davis called and answered that question from his own lips. This was the brief conversation: “Hi Mark, your ears must have been burning… I’m in the middle of an interview and they just asked if you approached me, or I approached you to get the job… she’s here in my office. It’s with the Women’s

Chamber… I did not answer the question because the phone rang, and it was you which I thought was funny.” When the conversation was over, Morgan hung up the phone and relayed Davis’s response, “Did you tell her I was stalking you?” And there you have it! Davis was on a mission to bring Morgan on board as the Raiders new President.

With that in mind, Morgan went on to say, “You never know who you are going to run into, or when. So, make sure you are prepared – opportunity meets preparation with a little bit of luck, and your reputation too comes into effect,” she added. “It’s kind of funny, he made a comment to someone; “No, she didn’t know I was interviewing her for the last few months.”

In addition to her corporate qualifications, Morgan and Davis believe she is ideal for this position based on her background as a former player’s wife. She is married to former Minnesota Vikings and Arizona Cardinals safety Don Morgan. Together, the couple has two children, Dylan, and Dana. “Knowing some of the team needs and what’s expected during the season will be a plus” she said. “I think understanding the game and understanding the needs of the game, are necessary”. One of the many things

By Amie Jo Greer Director of Entertainment Women’s Chamber of Commerce of Nevada

she wants to focus on this season is helping the players and supporting their families as they relocate to Las Vegas.

Before accepting this position Morgan took a deep look into the Raiders history to explore their alignment; what she found was inviting. “The Raiders have a very, very long history well before me, of doing things a little bit differently when it comes to teams,” Morgan said. “Whether it be hiring the first Hispanic head coach to win a Super Bowl title (Tom Flores), or the first African American head coach, Art Schell.”

When she had an opportunity to sit down and talk to Mark, she said, “I knew my skillset was going to be accepted. Not just because I’m a Black woman, but he knew my values were going to be aligned with the Raiders commitment to excellence.”

As president, Morgan will be responsible for a plethora of duties including but not limited to the team’s finances, everything from salaries, budgeting, sales and sponsorships and anything involving the stadium operations, everything involving non-football personnel, corporate sales, stadium activities, communications, and any potential business ventures, and partnerships that the Raiders do. She is not sitting on her laurels. “I have a background in working with large corporations, and so I understand budgeting, financing and corporate structures and operations.”

obviously Mexico City and Monterrey and increasing our fanbase there. We have 40M visitors to southern Nevada and Mexico is the 2nd highest country of visitors”.

While so many exciting things have been shared, the elephant in the room remains; Is it a challenge or an asset that she is a young, Black woman in a maledominated industry? Morgan enthusiastically stated, “I think that it’s an asset, because any role I go into, especially knowing I came from Gaming - a very majority male-dominated industry from an executive level - I try not to think that I’m being put in a box when I walk in those boardrooms.“ Morgan warmly expressed, “I‘ve been welcomed and embraced and I think that it is, at least with the companies that I’ve been affiliated with, their understanding and welcoming a different point of view.” She added, “And not necessarily a different point of view, but wanting to understand how people see the world in a different lens and how that could translate into the boardroom and business decisions. And ultimately, into generating revenues as well.”

While the Raiders are a well-developed organization, when it comes to visionary goals for their fanbase, the question remains, what is your vision? Morgan stated, “Growth. There’s always opportunity for growth. I think with Oakland there was certainly a strong dedicated fan base, and we have one here in Las Vegas that can be bigger. Fan engagement is one of the owner’s priorities and I think that’s wonderful”.

In addition, the Raiders are not looking for growth in their own backyard. Their sights are on an international market as well. According to Morgan, “Last week, we announced a partnership with Viva Aerobus which is our official Mexican Airline partner. We were granted the ability to have Mexico as one of our international home markets. The CEO of Aerobus mentioned

As a woman who is making a difference, Morgan’s new position has not only thrust her into a new organization, but it has also thrust her into the spotlight as a role model for girls and women. She has become a role model that helps them dream of a future they once thought was impossible. Morgan shared what this has personally meant for her, “It’s an honor for me. If there is even one woman who says I have given them inspiration to do something they didn’t think they could do, or helped them to not limit their opportunities, I’m incredibly blessed and thankful, because it is an honor to do that.”

When it comes to advice for

acquiring success, she said, “Believe in yourself, focus on what you can do and not the limitations that you perceive you may have. Be open to try new things, try different industries. There are so many self-learning opportunities out there, there’s videos and YouTube, or different subscriptions you can sign up for that are free and learn about how your skillset translates into another industry. Push yourself to meet people. I think it’s important to meet different people with different backgrounds. We can get to the WHY with people.”

After sharing so much of her life, career, and experiences since becoming the first Black president of an NFL team, the thing that Morgan has not shared with anyone about this experience comes as a surprise to me and to her as well. “I’m talking to more people, and people that are outside of this sports arena, and they say, “you don't know what this means for us or what this means for women in leadership or girls in leadership.” She confessed, “When I accepted this job my husband I talked about it, we thought it was great and we were like, let's go for it. But what I didn't expect was the amount of interest. I knew during my press conference there would be questions and after that it would just kind of be done. I think I underestimated that.”

Patricia Lee

CONGRATULATIONS

Newly Elected Nevada Supreme Court Justice

Las Vegas attorney Patricia Lee was appointed to the Nevada Supreme Court Monday by Gov. Steve Sisolak, filling the seat vacated Justice Abbi Silver. Lee, a partner at the Hutchison and Steffen law firm in Las Vegas, where she has worked since 2002, was one of three attorneys submitted to Sisolak by the Judicial Selection Committee last week, along with Washoe County District Judge Scott Freeman and Clark County District Judge Tierra Jones. Silver, who was elected to Nevada Supreme Court in 2018, said in a letter to Sisolak she was resigning “due to unforeseen

circumstances,” and to spend more time with her family. Lee will serve through the remainder of her term, which ends in 2025. Lee was born in Korea to an African American military father and a native Korean mother. She is the first African American woman and the first Asian American to serve on the Nevada Supreme Court. “The breadth and depth of her skill set and her personal and professional experience make her an incredible addition to the state’s highest court,” Sisolak said in a statement. Hutchison and Steffen partner Mark Hutchison is a member of the transition team for Gov.-Elect Joe Lombardo and he chaired Lombardo’s gubernatorial campaign against Sisolak. Lee has primarily practiced complex commercial litigation for the law firm, but she has also practiced trademark law, family law and appellate law. Lee earned a bachelor's degree from the University of Southern California and a law degree from George Washington University Law School.

When you know where to look, help for your small business is there for the taking.

59 Grants, Loans and Programs to Benefit Your Small Business

There are many grant programs available to small businesses, depending on a variety of qualifying factors.

Times are tough for small business, but help is available. It may be in the form of a grant, a loan or a leg up competing in a difficult business environment. Here’s a breakdown to help you sort through what’s available.

Government grants

Begin your search for a grant from the federal government at Grants.gov. This government site offers the most comprehensive database of funds the government is going to give away. There are thousands of grants to apply for, with opportunities for companies from all backgrounds.

Keep in mind that not all assistance flows directly from the federal government to small business. Some funds are distributed to state and local governments and agencies, nonprofit organizations and institutions of higher learning. These entities, in turn, distribute the funds, or use them to provide technical or educational assistance on a local level.

Women’s Chamber of Commerce of Nevada®

UPCOMING EVENTS

Special Debut of the 2023

Women In Power Business Magazine

Cover Story: Sandra Douglass Morgan Makes History as First Black Woman to be President of the The Las Vegas Raiders.

3/24/23

19th Annual Nevada Women's Hall of Fame - During Women's History Month Pioneer Award Recipient: 15 Women Inductees will be announced on January 27, 2023. Held at Lawry's The Prime Rib / Great Room

5/12/23

21st Annual Women's Chamber Anniversary

Celebrating the Historical State Women's Chamber in Nevada History along with celebrating our own members and their accomplishments. Held at Lawry's The Prime Rib / Great Room

7/28/23

12th Annual ATHENA Int'l Women's Leadership Day Luncheon

Bringing together top Leaders in our community with Aspiring Leaders, Professional Women's Mini Expo, Top Las Nevada Women Speakers, book authors and much more.

8/25/23

21st Annual Legislative Luncheon

Keynote Speaker: Anita Laruy, Director of the Government Affairs Committee Opening remarks on bills passed and panel discussions and update. Held at Lawry's The Prime Rib / Great Room

10/27/23

20th Annual ATHENA International GALA - Minority Lifetime Achievement Award, ATHENA International Leadership Award, ATHENA Young Professional Leadership Award, ATHENA Nonprofit Leadership Award & Entertainment, The Arts & Media Awards.

www.womenschamberofnevada.org

The 5 Qualities All Successful Leaders Have in Common

Five Qualities of Effective Leaders

1. They are self-aware and prioritize personal development.

2. They focus on developing others.

3. They encourage strategic thinking, innovation, and action.

4. They are ethical and civic-minded.

5. They practice effective cross-cultural communication.

Don’t Depend On Homeowner’s Insurance for Your Home-Based Business

By Susan Wilson Solovic

Here’s a scenario for anyone running a home-based business: The UPS guy makes a business delivery to your house, but slips, falls and sues. Are you covered by your homeowner’s or renter’s insurance?

You’re probably not, and that’s just one example of why owners of home-based businesses need to seriously consider their insurance needs.

Business equipment and inventory losses beyond $2,500 will not be covered by the typical homeowner’s policy should you suffer a loss. In the same way, if you see clients at home and they suffer an injury like our UPS guy did in the opening paragraph of this article, you’ll need some kind of business coverage to protect you.

Three levels of policy coverage

Coverage options vary somewhat by state, but generally speaking you have three “upgrades” to select from, depending on your business and your exposure to risks.

At the “bare bones” level, you may be eligible to get a rider on your homeowner’s policy to cover equipment and inventory beyond $2,500 or whatever amount is included in your standard homeowner’s policy. The Insurance Information Institute says that in some cases you can bump that $2,500 up to $5,000 for as little as $25 per year. Overall, coverage can be increased to $10,000.

In the same way, you can add a liability endorsement to your homeowner’s policy that would cover our UPS guy and a few other business visitors. However, adding the endorsement is limited to home-based businesses that receive very few visitors at home, like freelance writers. You need to check in your state to see how far you can push this before you need to go to the next step in this insurance progression.

When adding riders and endorsements to your homeowner’s policy won’t cover the amount of equipment or inventory you keep in your home, or you need better liability coverage, there are in-home business policies available. Additional areas covered by these kinds of policies would include, off-site property, loss of important documents, accounts receivable, and perhaps some loss of income if you suffer a disaster or fire that shuts you down.

Further, these policies may cover a few employees that you might have working at your home. They also give you broader liability coverage.

Standard business owner’s policy

The top level of coverage is a standard business owner policy. This is really the same coverage a brick-and-mortar business would carry and delivers broader coverage than a policy written specifically for a home-based business.

Along with everything you need to consider in order to purchase sufficient coverage for your home-based business, you also need to check your automobile insurance to see if you’re covered while you’re out driving for your business. Further, if you have employees, none of the policies mentioned here cover workers compensation, health or disability insurance.

Susan Wilson Solovic is an award-winning serial entrepreneur, New York Times, Wall Street Journal, Amazon.com and USA Today bestselling author, and attorney. She was the CEO and cofounder of SBTV.com—small business television—a company she grew from its infancy to a million dollar plus entity. She appears regularly as a featured expert on Fox Business, Fox News, MSNBC, CNN, CNBC and can be seen currently as a small business expert on the AT&T Networking Exchange website. Susan is a member of the Board of Trustees of Columbia College and the Advisory Boards for the John Cook School of Entrepreneurship at Saint Louis University as well as the Fishman School of Entrepreneurship at Columbia College.

19th Annual Nevada Women’s Hall of Fame

During Women’s History Month

Former First Lady of Nevada, Katherine (Ong) Sisolak

2023 Inductees:

WARLESEA R. FATTA

Chief Financial Officer of Angels of Las Vegas

ANNA GOMES

Manager and Part Owner of Via Brasil Steakhouse in Las Vegas

LOREN LAHAV

Chief Executive Officer and Founder of TRUE – Own Your Worth

LARNIQUE MICKENS

First Generation Funeral Director and Owner of Heritage Mortuary in Las Vegas

SHANE JASMINE YOUNG, ESQ.

Founder, Attorney & Counselor at Law, Young Law Group, PLLC

KARA RENE ARENAS

Vice President, Associated Builders and Contractors Nevada Chapter

ANGELA COOK

Pro Bono Attorney with the Legal Aid Center of Southern Nevada

SILVINA JOVER

Bilingual Social Studies Teacher – SSA, Clark County School District

ERICA THOMPSON

Advisor, Southwest Territory, Nevada, ALSAC - St. Jude Children’s Research Hospital

TAYLOR GARDNER CHANEY

Founder and Chief Executive Officer of The Garden Foundation

JACQUELINE NGUYEN, ESQ.

President of the American Medical Association Alliance

KRYSTAL ALLAN

Anchor, KSNV-NBC News-3

ANN PARENTI

Publisher of Chic Compass Magazine and Founder of The Forgotten Song Foundation

PAULA JACKSON

TV Producer, Director, Live Stage, Trade Shows, Media and Creative Director

SUMMER CLARK WEBB

Vice President of Business Development American Estate & Trust