New startup businesses in greater Los Angeles and Southern California face a wide variety of different kinds of challenges. These challenges can be daunting even in the most favorable circumstances, but the ongoing difficult economic environment nationally and in Southern California can make starting a new business even harder...
Many Los Angeles and Southern California business leaders are still struggling to maximize their companies’ financial performance, despite some promising signs indicating the national economy may finally be turning the corner. Often, these companies turn to their accountant or CPA for help in this area. However, there are limits to how...
Many Los Angeles and Southern California business leaders are finding out that being “in the cloud” is not such a bad thing. Rather than referring to the location of employees who can’t keep their minds focused on their work, the “cloud” is now most often used to refer to...
Have your Los Angeles and Southern California small business clients ever asked you for help in managing their finances? Such a request is not uncommon for professionals in your position. When making such requests of bankers, investors and financiers, small business owners and executives often share their financial statements...
In a recent article, we took a close look at the concept of outsourcing through a different lens beyond the traditional definition of contracting out internal business processes to third-party organizations. In the process, we explained how the question – “Are we too small to outsource?” – isn’t the...
The first of Sir Isaac Newton’s three laws of motion states that “every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it.” The opposite also holds true: Objects in a state of rest tend to...
It’s an old cliché, but it’s true: You have to learn to walk before you can run. This comes to our minds sometimes when Los Angeles and Southern California business leaders ask us to help them with advanced financial initiatives like making financial projections, performing cost analysis and managing...
In your position, there’s a good chance that your Los Angeles and Southern California small business clients may sometimes ask if you can refer them to someone who can provide outsourced financial consulting or CFO services. When this happens, what criteria do you use in making such a referral?...
Wikipedia defines outsourcing as “the contracting out of an internal business process to a third-party organization.” But in recent years, the concept of outsourcing has taken on new dimensions that go well beyond this basic definition. However, many Los Angeles and Southern California business leaders still think of outsourcing along...
More Los Angles and Southern California business leaders today are turning to providers of outsourced CFO services to help them improve financial management, boost profitability and increase shareholder value. Many of these companies lack the requisite financial expertise in-house to achieve important goals like these, and hiring an outsourced CFO...