Business Management for Entertainers and Athletes
Having served as a Woodland Hills accountant for over thirty years, I always combine my meticulous experience with careful guidance in order to help you or your company thrive. Besides offering the highest quality in detailed financial, accounting, and tax services, I also provide expert business management services. Creating and managing your own company or career does not need to be difficult or stressful. As a business manager for musicians, actors, artists, and athletes, I am experienced in solving all the industry specific financial issues that entertainers and athletes frequently encounter. Whether you’re an individual/sole proprietor, or are looking to establish your own corporation or limited liability corporation (LLC), I can help guide you.
Our business management services regularly include, but are not limited to:
Financial Planning
- Strategic Planning: What is your company’s vision, its mission statement, its overall goal in terms of the services you offer? If you are a sole proprietor, what are your own personal financial goals? I can help answer these questions so that you can tap into your fullest potential.
- Cash Management: Maintaining your company’s financial stability and solvency is paramount when it comes to managing your business. My firm’s resources and attention to detail enable us to counsel you for greater investment security and profitability.
- Wealth Management: Managing valuable assets and building a stable investment portfolio is a delicate process, whether you are high net-worth individual or a small business. My Woodland Hills accounting staff explores all the financial options to help you reach and maintain your financial goals and build a solid foundation for your investment portfolio. Whether you require a small amount of guidance or a robust Private Wealth Management (PWM) package, my firm will help you create a solid financial plan for both the short term and long term.
Retirement and Estate Planning
- Retirement Planning: The quality of the plans you make for retirement determine how you spend your time during retirement! How much to invest, which investments will remain secure, and how many liquid assets to set aside are just a few retirement considerations you’ll want to asses. My accounting staff will delve into how to manage your assets, savings, investments, and expenses, while setting long-term goals that will give you peace of mind during your “golden years”.
- Estate Planning: I can also work with you and your attorney to help prepare your estate affairs in the event of incapacitation or death. It is vital to involve a CPA when planning your estate, as an attorney may not always understand the financial implications of certain decisions. We’ll work with your attorney to advise you on the best courses of action as you create wills, create trusts, develop IRAs and 401Ks for beneficiaries, establish a guardian for living dependents, and name executors of the wills.
Money Management
- Budgeting: Are you having a difficult time balancing or keeping track of your revenue and expenses? I have a meticulous eye for spotting unnecessary expenses and can offer suggestions for ways to allocate revenue for better tax outcomes.
- Payroll Accounting: For business owners, nothing is more important than paying workers in an efficient manner and keeping accurate records of incomes paid and taxes withheld. So too it is important to understand how to make distinctions between employees and independent contractors. I supply confident methods and advice to bring peace of mind to both employer and employee.
At my Los Angeles area accounting firm, I provide a full suite of business management services to satisfy all your financial needs. I can accomplish all your management goals because of my dedication and my ability to “think outside of the box” when it comes to suggesting plans that are both timely and risk-free.
