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...
Most Los Angeles and Southern California executives realize that we now live in a “virtual” B2B financial services world. Many business activities that used to have to take place in a face-to-face environment can now take place virtually, which has saved a considerable amount of both money and time...
When it comes to fraud and embezzlement, many Los Angeles and Southern California business executives may believe that this is not something that could ever happen to their businesses. “I know my employees,” they tell themselves, “and they are honest. They would never steal from me or my business.” However,...
Despite the uneven nature of the economic recovery, some Los Angeles and Southern California businesses are starting to see an improvement in their sales and revenue. This is obviously good news for businesses that have been struggling to regain their footing in the aftermath of the Great Recession and...
Return on investment, or ROI, is one of the most recognized of all the financial measurements and ratios in the world of business finances and accounting. It’s the standard that’s used by business owners and entrepreneurs to determine how they will utilize their limited resources in order to maximize...
Forensic accounting has become one of the fastest growing areas within the accounting profession. This type of accounting involves the discovery, analysis and presentation of financial information in the context of disputes, investigations and litigation. There are two main practice components of forensic accounting. In the first, litigation services, the forensic...
It is sometimes said that finance and accounting is spoken in a language all its own, one that may as well be “Greek” to non-finance and non-accounting people. This can often be one of the biggest frustrations for Los Angeles and Southern California business owners and entrepreneurs when it...
Leaving your banker’s office with the news that your business loan has been declined is no fun. And if you’ve been working with a bank that focuses only on conventional loans, as opposed to various government guaranty programs, you may be missing out on attractive financing alternatives. Don’t rely...