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...
When making IT investments, most Los Angeles and Southern California business owners and entrepreneurs have traditionally used the capital expenditure (or CapEx) model for purchasing computers, software and other IT equipment. They bought the equipment and software outright, owned it and used it until it became ineffective or obsolete. With the...
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,...
As they come to the end of the first quarter of the year, many Los Angeles and Southern California business owners may discover that their first-quarter results are significantly less than what they had budgeted. If so, they may be wondering how they’re going to get back on track....
Los Angeles and Southern California business leaders can reap many benefits from engaging the services of an outsourced CFO services provider. These include enhanced productivity, higher profitability, reduced costs, a higher level of financial control, and improved overall financial performance. Your expectations regarding the working relationship with an outsourced CFO...
Los Angeles and Southern California business leaders face many different kinds of risk when it comes to running their companies. Of course, the very idea of owning and managing a business entails assuming a certain degree of risk. While the risks involved in running a business can’t be completely eliminated,...
When two Los Angeles or Southern California businesses decide to merge together, one of the main reasons for doing so is to capitalize on synergies. This includes synergies in the finance and accounting departments. In fact, the total cost of the finance function can be reduced by up to...
You have probably seen it before: A client has pressing financial and operational challenges and knows they could benefit tremendously by bringing in an outsourced CFO services provider to help deal with them. But when it’s time to make the commitment to engaging the services provider, they hesitate, unable...
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...
In this four-part series, we are taking a close-up look at some of the financial and operational challenges faced by wholesalers and manufacturers, as well as potential solutions that an outsourced CFO services provider can help implement. Pricing: Finding the Profitable Middle Ground Pricing is one of the most important aspects of...