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Business Advice

Your Business – Investment or Lifestyle?

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By Edward L. Fixen Chances are, if you’re the owner of a closely-held business, you treat your business more as a lifestyle business. Generally, that means you are very focused on maintaining and/or increasing cash flow from the business to support you and your family’s lifestyle. Sure doesn’t sound like …

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Opinions are….

By Tim Kolacz Nope, that’s not where I am going this time around. Opinions, by and large, are very much needed in your day to day life as a business owner. Especially when they are from someone you trust. As an owner of a business you don’t much care to …

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The State of Office Properties in the Inland Empire

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By Rick Lazar The demand for and value of commercial real estate properties is definitely on the rise. From the number of warehouses continuing to pop up along the Interstates 10, 15 and 215 Freeways it is easy to see why the Inland Empire is now the number one industrial …

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Why Accrual Accounting Is Preferable to Cash Accounting

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By Michael K. Menerey, Partner, CFO Edge, LLC Los Angeles and Southern California business owners and entrepreneurs have two options when it comes to which method of business accounting they will use: cash basis accounting (“cash accounting”) and accrual basis accounting (“accrual accounting”). Many owners and bookkeepers, especially in small …

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Are You Being Misled on Your Rate of Return?

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By Kraig Strom As I’ve explained before in this column, I am not a fan of financial entertainers: those media figures who lure otherwise intelligent Americans into following their patented “financial health” programs at conferences, on TV or the radio by representing themselves as financial advisors, whether or not they …

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CONTRACT CHECKLIST FOR INTERNATIONAL SALE OF GOODS WITH COMMENTARY – Part One

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By John Tulac I’ve created a checklist of twenty-five terms commonly found in a detailed contract for the international sale of goods. The purpose of a checklist is to make sure that the negotiator or drafter of an agreement considers the terms for use in the final agreement. Not all …

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