When a family’s financial life spans multiple entities, trusts, partnerships, and investment vehicles, the work becomes far more complicated than a standard tax and accounting engagement. Finding a Los Angeles CPA firm who understands working with family offices is not just a matter of finding someone who can file returns. A family office must find […]
The Real Difference Between a CPA and a Non-CPA for Your Los Angeles Business
Running a business in Los Angeles means making decisions every day, and not all of them are easy. When it comes to managing your taxes and finances, one of the most consequential choices you’ll make is who you trust with that responsibility. Do you hire a licensed CPA, or do you go with a non-CPA […]
Quick Ratio – What Is It & How To Use It?
Quick Ratio is a metric used to determine the short-term liquidity of a company. By focusing only the most liquid assets, it allows business owners and business leaders to get more granular than Current Ratio. By ignoring assets that will not be quickly turned into cash (and other prepaid expenses), Quick Ratio is a more […]
Understanding Current Ratio – A Key Metric of Business Health
Evaluating a company’s financial health can be difficult without the right metrics. Current Ratio is an important concept to understand and apply to your business. Investors, analysts, managers, and business owners can gain greater insight to the health of their company’s short-term financial obligations by using Current Ratio along with other helpful accounting metrics. In […]
Keeping It SIMPLE
A SIMPLE IRA is an option for small business owners who do not currently have a retirement plan in place but would like to have one. This particular type of retirement plan has several attractive features that deliver significant benefits to both employers and their employees. What It Is The Savings Incentive Match Plan for […]
Five Steps to Keeping Employees Motivated
Motivated employees typically perform at a higher level than employees who are disengaged from their work. They are willing to go beyond their job description to see a project through to completion. Very often, their enthusiasm inspires and pushes coworkers to excel. Certain strategies can help foster a culture of motivation and enthusiasm within the […]