As the economy starts to finally build some positive momentum, many Los Angeles and Southern California business owners and entrepreneurs are looking to expand their businesses by adding staff and equipment. With interest rates still at or near historic lows, now could be an especially good time to acquire...
You’ve undoubtedly heard the old saying that some people are so focused on the trees that they can’t see the forest. Unfortunately, many Los Angeles and Southern California business owners and entrepreneurs are so focused on the day-to-day tasks and challenges involved in running their businesses that they seldom...
There are obviously many benefits to a rebounding economy for Los Angeles and Southern California business owners and entrepreneurs, and for our economy and society in general. A growing, healthy economy usually means more opportunities to grow a business, hire new employees and boost sales and corporate profits. But there...
Most Los Angeles and Southern California business owners and entrepreneurs realize that their employees are their most valuable asset. But the management of their human resources often takes a back seat to other business functions that are seemingly more important, whether it is sales, marketing, operations or finances. But companies that...
When it comes to business clichés that should probably be banished to the dustbin of history, “business as usual” should probably be at the top of the list. If the past decade or so has taught Los Angeles and Southern California business owners and entrepreneurs anything, it’s that business...
Many Los Angeles and Southern California business owners and entrepreneurs are finally starting to see some tangible signs that the economy is on the rebound. Of course, this is good news for most companies, as a growing economy usually leads to more sales, revenue and profits. But there is a...
Many Los Angeles and Southern California professional advisors realize the importance of referrals when it comes to landing new clients for their businesses. When you get a referral to a prospect from someone the prospect trusts, this makes it much easier to contact the prospect and arrange a phone...
If you own or operate a small or mid-sized business, then you probably have an in-house finance and accounting department. But many Los Angeles and Southern California business owners and entrepreneurs don’t know how to best utilize their finance and accounting departments in order to maximize the return of...
Acquiring another business is one way that Los Angeles and Southern California business owners and entrepreneurs can grow their companies. This strategy may enable a company to achieve explosive growth very quickly and enter new geographic markets and customer segments more efficiently. But embarking on a merger or acquisition is a...
Every day, 10,000 baby boomers are turning 65 years old, reports the Pew Research Center. Many of these boomers are small business owners, which means that there will likely be a surge of closely held businesses coming onto the market for sale over the next five to 10 years. If...