The most surprising thing happened when I made my first hire…

When I started my own practice, I was hesitant. Was it going to work? Would I be able to pick up clients? Could I be profitable? What would my expenses be? How much would I charge? So many questions came to m...

DISCLAIMER: The views and opinions expressed here and at www.la-financialmanagement.com are those of the authors and do not necessarily reflect the official policy or position of L.A. Financial Management. Any content provided by our authors are of  their opinion, and...

All entrepreneurs have basically coined the term “Wearing Too Many Hats.” And at any given time, the hat that you are wearing is actually the most important hat; that job or function that is needed most urgently. Now, if every hat is urgent during nearly every moment o...

We’ve all heard the terms “Cash is King” or “Cash is tight.” But when it comes to business, cash is incredibly important because you have vendors and employees to pay. Maybe you even have loans or credit cards with lingering balances or a car payment and your own take-...

Choose Joy!

I love the idea of KonMari. What are your thoughts on the new trend? New trend? Is it really a new trend? I can think back to my grandmother’s way of keeping her house and I’m pretty sure she invented KonMari. Maybe it’s that we’ve become more disorganized,...

Our third and final article on employees versus independent contractors focuses on how to determine proper classification of a new hire. In California, there are some new recent court rulings that have further defined and constricted the hiring of independent contracto...

L.A. Financial Management is currently writing a series of articles on independent contractors and employees. Our second article focuses on the business owner’s perspective in hiring an independent contractor. Here are some common misconceptions we hear frequently from...

Over the next few months, L.A. Financial Management will be doing a series on Independent Contractors vs. Employees. This will include information you need to know as a hiring manager and as an independent contractor.

Our first series focuses on the small business owne...

Once you determine that QBO is the right solution for your business, it's time to determine the best time for transition. We recommend the start of a new quarter or new fiscal or calendar year*. We've laid the transition out for you in four easy steps! 

1. Clean Up...

With an average salary between $177,928 and $473,450, hiring a CFO may simply be out of reach for small businesses, leaving the business owner to handle most financial tasks. With a lack of proper financial education and the plentiful daily tasks of running a business,...