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...
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...
It is not uncommon for Los Angeles and Southern California business owners and entrepreneurs to adopt the attitude “if it ain’t broke, don’t fix it” when it comes to their business software systems. If the old legacy systems work fine, the thinking goes, then why make a large capital...
Many Los Angeles and Southern California executives view regulatory compliance as little more than a required regulatory burden that costs both money and manpower — a necessary evil, if you will. They believe that the time and money that must be spent on compliance could be better spent on...
Despite some recent signs of improvement in the economy, cash flow continues to remain tight for many Los Angeles and Southern California businesses. Regardless of how strong their sales and revenue are, business leaders are discovering that it takes cash to keep their companies going. There’s a reason cash...
In this series of articles, we have been looking at how Los Angeles and Southern California executives can drive profitable growth in their companies. Here, we conclude the three-part series with a look at the potential impact of economic downturns on profitability and how to achieve profitable pricing regardless...
The business model for many Los Angeles and Southern California business executives is changing as small to mid-sized companies choose to outsource many ancillary services that aren’t part of their core competency, rather than perform these functions themselves. Doing so helps companies increase efficiency and productivity, as well as...
It’s not uncommon for Los Angeles and Southern California business owners and entrepreneurs to come up with great ideas for launching new businesses. After all, if someone has the intelligence, initiative and persistence required to start one successful business, there’s a good chance they can probably start another one...