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Think your business is somehow immune to the risk of getting hacked? Think again. “Literally 97 percent of all companies are getting breached,” said Dave DeWalt, CEO of the cybersecurity firm FireEye, in a widely watched interview with the television news series “60 Minutes” that aired in late November 2014. “It’s happening. It’s just the life we live in today.” Read More >
Extending credit to clients can help you sell more to existing customers and attract new ones. But if clients don’t pay on time, it can have a harmful effect on your cash flow — the lifeblood of your business. Collection delinquencies make it difficult to forecast cash flow and may also mean that you have to create a bigger cash cushion than you otherwise would in order to deal with slow payments and still meet your obligations. Read More >
Staying up-to-date with the ever-changing regulatory environment can be the difference between your business maintaining compliance or potentially facing steep IRS penalties. IRS commissioner John Koskinen has publicly admitted that the 2014 tax year will be one of the most complicated and stressful to process in the history of the IRS. Don’t let new tax regulations in 2014 complicate your IRS filing. As you prepare for income tax due date, this recap of relevant tax issues can help you be aware as you prepare for what’s ahead and monitor items that may affect your business. Read More >
California is a perennial top exporter, accounting for 10.6 percent of total U.S. exports in 2013, according to the U.S. Census Bureau, with Mexico, Canada, China, Japan and South Korea being the top destinations for the state’s goods. California’s export trade — more than $168 billion in 2013 — is highly diversified, with 11 different major categories of goods each accounting for at least $1 billion in exports during the third quarter 2014. Read More >