As we discussed in a recent article, it is critical for Los Angeles and Southern California business owners and entrepreneurs to find the right balance between the financial and operational sides of their companies. It is especially important that the goals and objectives of finance and operations be linked...
As we discussed in a recent article, once a business reaches a certain size, it needs to make sure that a solid financial and operational infrastructure is in place if it wants to be successful and progress to the next level of growth. A key component of this infrastructure...
Most Los Angeles and Southern California business owners and entrepreneurs start their businesses as sole practitioners, or perhaps two or three individuals starting a partnership. During these early stages of the company’s development, proper infrastructure might not be too important — things are less formal and the owner or...
With much fanfare, Apple Inc. has announced that it will soon release its latest gotta-have gadget for Apple enthusiasts: the Apple Watch. Since Apple was founded in 1976 by Steve Jobs, the company has perfected the art of creating and then announcing new tech gadgets that it positions as...
“It’s better to give than to receive.” Most of us probably heard this from our parents at some time when we were kids growing up. Of course, it didn’t make much sense when you were a kid — how could giving your toys away to someone else possibly...
In today’s fast-changing business world, new technologies can render businesses and entire industries obsolete practically overnight. This makes it critical that Los Angeles and Southern California business owners and entrepreneurs develop strategies for dealing with rapid change. This includes planning for how their companies will compete not just today, but...
Many Los Angeles and Southern California business owners and entrepreneurs realize that success — both in business and in life in general — is all about balance. There’s work-life balance, of course, as well as balance between the different departments of your company. It’s especially important to find the right balance...
At one time or another, most businesses have had a client they wish they’d passed on. These are clients that end up being more trouble than they’re worth. Maybe they expect the business to perform the impossible … or make unreasonable demands … or don’t pay their bills on...
With the digital revolution that has occurred in recent years and the growing use of scanners and email, Los Angeles and Southern California business owners and entrepreneurs are now creating and sharing more business documents in electronic formats like PDFs. While there are many potential benefits of creating and...
It may be hard for some financial professionals to understand, but not everyone in this world is a “numbers person.” For some people, crunching numbers and analyzing spreadsheets comes naturally, and they enjoy it — such people tend to go to work in the financial field. For others, digging...