Commercial, Tribal Gaming & Hospitality Advisory
How It Works
Our broad experience and realistic approach enables us to work closely with our business partners to deliver the right product for our partners and the marketplace.
Why Choose Us
We provide a toolkit of management best practices typically found in larger companies; however, the Silver State principals remain operationally connected in all business disciplines for proper implementation and execution.
Our Mission
We have proven operating expertise and significant industry-related experience that will lead to revenue generation, cost reduction and operational efficiency programs which will create value for our respective business partners.
Our Capabilities
- Proven experience and industry contacts
- Ready to deploy resources immediately
- Advise and assist in stabilizing the current business and operating environment
- Structure a short-term plan to assume roles and responsibilities
- Become a major strategic partner for the property and provide transparency on all levels
Starting Up
Eliminate property independence
Reap true economies of scale
Identify under-performing assets for immediate and long-term financial impact
Enhance company’s position for future success when economy recovers
Establish standard general operating parameters
Centralized warehousing of inventory, furniture, fixtures and other tangible assets
Performance, utilization and trend analysis
Create corporate purchasing program (if not currently implemented)
Director of purchasing
Standard product sheets
Corporate purchase contracts (critical with gaming vendors)
Improved buying power/pricing
Efficient inventory utilization
Support
Streamline accounting, finance and other back office functions
Address risk management concerns
Standardize operational polices, procedures, recruitment, training, job descriptions, counseling and pay scales
Evaluate and adjust labor to current business levels
Advantageous labor market
FTE vs. Part-time vs. On call