Annual Budgets, Cash Flow Forecasts, Net Worth Statements
We understand the importance of maintaining the solvency of our client’s business and financial status. Our team helps clients create and maintain an annual budget to forecast income and expenditure (and thereby profitability), serve as a tool for decision making, and means to monitor business performance. This allows our client to foresee cash flow to make sure that the business can afford to pay suppliers and employers.
A simple listing of property and debts owed can provide valuable insights. We develop a net worth statement which exhibits the assets and liabilities- both short and long-term- of the company or individual with the goal of keeping the business solvent, preventing bankruptcy. Our services include, but are not limited to the following:
Business Management
LDA Services Inc. provides our clients the expertise to collect and protect all that they have earned and equips them with the tools necessary to succeed short and long-term. Navigating the increasingly complex tax environment, structuring correct ownership of asset holdings and transactions, making sure assets are protected and insured are some of the issues faced. We will assist with supervision and management of the day-today activities while working with our client to define goals, develop strategies and long -range planning. We provide timely information that helps our client make informed decisions. Our services include, but are not limited to the following:
Business/Personal Accounting
LDA Services Inc. provides financial information to our clients in a timely and accurate manner. Meaningful, well-organized financial records ensure that our clients business operations will run more efficiently daily. Our firm provides a full range of cost-effective accounting services helping our clients create plans of action for improved financial well-being. Services include, but are not limited to the following:
- Bookkeeping
- Business Financial statement preparation
- Payroll services
Client Billing, Credit & Collections
Many businesses struggle with methods for submitting and reviewing employee time, managing project -related items, coordinating approvals, processing expenses, and more. These factors not only slow cash flow, they also hinder profitability. Our team will accurately develop, write and send out bills to ease the process for our clients. We look at information gathered such as bills of sale, receipts, or other financial records and calculate what charges are due. Furthermore, our team facilitates credit management, dispute management, collections, and related business process. Services include, but are not limited to the following:
File Organization & Maintenance
Managing personal files or doing business usually means collecting a lot of records, and without a good filing system, the sheer volume makes it difficult to retrieve specific records. Without reliable access to records, your business can drift or even fail, therefore to run your business effectively, you need a good filing system. Our team will design a smart, confidential, and secure file organization structure right from the beginning, for both your paper records and digital records, and maintaining regular thereafter to keep your business up and running. Services include, but are not limited to the following:
- Organizing Digital/Papers Files
- Processing Incoming Records
- Maintaining Digital/Paper Files
Fixed-Expenses Analysis
Fixed expenses or costs are those that do not fluctuate with changes in production level or sales volume. They include such expenses as rent, insurance, dues and subscriptions, equipment leases, payment on loans, management salaries, and advertising. Fixed expenses are an important part of profit projections and the calculation of break-even point for a business or project. At LDA Inc. Services we will manage all fixed-expenses on a timely manner which allows our clients peace of mind to focus on other relatively important decision making. Services include, but are not limited to the following:
File Organization & Maintenance
Managing personal files or doing business usually means collecting a lot of records, and without a good filing system, the sheer volume makes it difficult to retrieve specific records. Without reliable access to records, your business can drift or even fail, therefore to run your business effectively, you need a good filing system. Our team will design a smart, confidential, and secure file organization structure right from the beginning, for both your paper records and digital records, and maintaining regular thereafter to keep your business up and running. Services include, but are not limited to the following:
- Organizing Digital/Papers Files
- Processing Incoming Records
- Maintaining Digital/Paper Files
Tax Preparation, Payroll, Sales Tax Reporting
Tax laws are among the most complex and ever changing. Planning the right strategy for our client is a fundamental component that can make a difference in achieving financial goals. Our team is accountable for setting up a process to collect and pay sales taxes, file sales tax returns periodically, collecting timekeeping information, incorporating a variety of deduction into a periodic payroll, and issuing pay and pay-related information to employees. These services can withhold employee taxes, file quarterly payroll tax reports and pay tax withholding to the proper state and federal agencies. Services include, but are not limited to the following:
5800-A Hannum Ave Suite 205
Culver City, CA 90230
Phone: 310.477.7400
Fax: 310.477.2390
Copyright © 2018 Lorraine Dellarosa & Associates