Business Advice

By Mike Menerey Many Southern California business executives believe that fraud and embezzlement are not something that could ever occur in their businesses because they trust their employees. However, the truth is that fraud and embezzlement can happen in any business. The absence of proper procedures and controls increases the …

By Daniel Hickey I have people ask me all the time, “What is it that allows huge brands like Apple, Starbucks, Beats by Dre, and countless others to create such a cult-like following?” While I could spend weeks talking about the many things that these brands do well, the simplified …

When first-time business owners enter into a partnership to get an enterprise off the ground, necessities like buy-sell agreements may not always be on their minds. With so many young entrepreneurs populating the startup field, it should come as no surprise that legally binding contracts often take a back seat …

According to a study of Bain & Company, only one out of seven businesses manages to grow successfully. BARRIERS TO GROWTH Barriers to successful business growth are complex. The main reason for unsuccessful growth is not having a growth strategy plan – or failure to implement one. A poll from …

It is always the highest hope of a CEO that the business will grow. One of our CEO rules is, “if you can’t measure success it didn’t happen!” With that in mind, there are four areas where a CEO can measure growth/success. Those areas are revenue, profit, staff or subsidiaries. …

As a wealth planner, I’m often asked to speak to audiences of high level professionals: physicians, attorneys, business owners and executives who want advice on everything from growing personal wealth to how to retire early. One of the most frequent comments I hear from these professionals is that while they …