Apparel
Fineman West helps you meet the
challenges. Our firm has over 40 years
of experience supporting companies in
the a...
We Know the Apparel
Industry Cold
Apparel companies face time-sensitive
challenges, and we offer real-world
solutions that...
Bookkeeping
We care about you. Our professional
team can help you manage your company,
save money and provide you with tim...
Ongoing Bookkeeping
Support
Fineman West  Co LLP, can help you
stay current. Best of all, you will have your
financial inf...
Jewelry
Fineman West has been serving the
jewlery business for over 40 years.
Our firm is regarded as the preeminent
jewel...
We Resolve the Unique
Business Challenges of the
Jewelry Industry
The jewelry industry has many industry-
specific busines...
Manufacturing
Fineman West has the experience in
the manufacturing industry you need.
With 40 years of serving hundreds of...
Manufacturers Face
Complex, Global Business
Issues
Overseas manufacturing has created
big challenges for smaller and mid-s...
Real Estate
Fineman West has over 40 years of real
estate experience serving investors,
developers and lenders. We help ou...
Meeting the Challenges
of an Explosive Industry
For many companies and investors in the real
estate space, positive cash f...
Restaurants
Fineman West understands the
restaurant business. Our firm has
four decades of experience serving the
restaura...
The Success of Your
Restaurant Business is
What Matters to Us
You are facing a range of tough challenges
to achieve long t...
Technology
You move fast. You have a lot of
great ideas. And naturally, you’ve got
challenges as well.
We share your visio...
Support for Your Vision
High tech companies face challenges that
must be managed with insight and skill
to effectively rea...
Wealth Management
You work hard for your money.
But the question is what to do with it
once you have it. That’s where Fine...
We might save you more
than you pay us
Being among the largest CPA firms in
southern California has its advantages.
Finema...
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Fineman West & Co LLP Doing Business Guides (TIAG member in Los Angeles, California)

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Fineman West & Co LLP Doing Business Guides (TIAG member in Los Angeles, California).

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Apparel
Bookeeping
Jewelry
Manufacturing
Real Estate
Restaurant and Hospitality
Technology
Wealth Management

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Fineman West & Co LLP Doing Business Guides (TIAG member in Los Angeles, California)

  1. 1. Apparel Fineman West helps you meet the challenges. Our firm has over 40 years of experience supporting companies in the apparel business and assisting them in overcoming challenges and increasing profitability. Hire our professionals as your support team for your expansion. Our clients in the apparel industry have gross revenues in excess of $2 billion. We go the distance. We are extremely knowledgeable in all of the issues and problems faced by companies in the apparel business, and our services go above and beyond the required financial statements, cash flow projections and tax returns.We offer insight and highly effective strategies for operational efficiency and profitability. Increase your bottom line and streamline your processes with our help. We Help You Grow Your Apparel BusinessEvery Number Tells a Story® At Fineman West & Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West & Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  2. 2. We Know the Apparel Industry Cold Apparel companies face time-sensitive challenges, and we offer real-world solutions that work. Our 40 years of service to the industry allows our team to have an exceptional level of knowledge of the complex issues apparel companies face in the course of doing business. Our professional team gets involved in resolving issues from the simple to the highly complex: •  Supply Chain Security Solutions •  First Sale Principal Techniques • Optimizing Credit Risk With Key Customers •  Alternative Forms of Business Financing • Trademark and Intellectual Property Structuring •  Royalty Agreement Strategies • Income Tax Minimizing Strategies Specific to the Apparel Industry •  Profitability Studies •  Business Succession Planning Complex Apparel Industry Problems: Strategies That Work Timing is everything.At Fineman West Co LLP, we take on the tough challenges and get them under control. Our extensive experience supporting companies in the industry allows us to help you stay ahead of the curve. We understand the challenges of the apparel industry and we can work fast. SUPPLY CHAIN SECURITY SOLUTIONS The Customs-Trade Partnership Against Terrorism (C-TPAT) is a U.S. Customs Border and Border Protection voluntary joint initiative with huge benefits for the apparel industry in reducing time and cost of releasing cargo through U.S. borders. C-TPAT can provide cost reductions in insurance, storage fees, interest and late delivery fees. It is estimated that importers who are C-TPAT compliant are 5 times less likely to have merchandise inspected. ALTERNATIVE FINANCING STRATEGIES We provide professional assistance in purchase order financing, supplier early payment programs and tri-party agreements. With over 40 years serving the apparel business, we have established relationships and a positive reputation in the industry that can benefit you. INTELLECTUAL PROPERTY STRUCTURING Our team can help you minimize risk to your assets, while maximizing value on your future sales. FIRST SALE PRINCIPAL TECHNIQUES Greatly reduce customs costs for U.S. importer purchases from overseas distributors. Depending upon the size the markup, customs savings to overseas distributors can range from 5% to 10%. OPTIMIZING CREDIT RISK Evaluation of the costs and benefits of factoring, credit insurance or customer financing programs that can help your enterprise gain higher profits. ROYALTY AGREEMENT STRATEGIES Strategies for both the licensor and licensee geared to minimize operational and financial risk, while maximizing flexibility. INCOME TAX MINIMIZING STRATEGIES We have the various strategies that can benefit the apparel industry at our fingertips, including grouping elections with ownership in multiple entities, R D tax credits and the four factors to qualify, domestic manufacturing production deductions, and Interest Charge Domestic International Sales Corporations (IC-Disc) set ups for manufacturing exporters. PROFITABILITY STUDIES Studies on profitability by company, division and product line. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with apparel companies to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Fineman West is expertly tailored for your business.
  3. 3. Bookkeeping We care about you. Our professional team can help you manage your company, save money and provide you with timely, accurate and relevant financial reports. Need to “catch up” your bookkeeping? We assist individuals and businesses in set up, maintenance and budget preparation, and we can train your staff in the process. Bookkeeping made simple. We have 40 years serving the Los Angeles area, and our experience allows us to take on tough challenges and simplify your life.We can take care of all of your bookkeeping needs from compliance, renewals, and payroll to project management. Monthly or quarterly statements are provided along with more detailed reports when requested. Bookkeeping Services in the Southland: We Make it Simple The Accountants at Fineman West. Every Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  4. 4. Ongoing Bookkeeping Support Fineman West Co LLP, can help you stay current. Best of all, you will have your financial information recorded correctly, and you can relax and focus on what is important, knowing these matters are being handled by a professional firm you can trust. • All transactions entered into our computerized bookkeeping system •  Set up chart of accounts • Monthly financial reports and balance sheets • Maintenance •  Payroll taxes •  Internal control procedures •  Document flow •  Implementing document retention policies •  Annual business license renewals •  Sales tax forms •  Business property forms •  Year-end 1099 reports Avoid Problems and Save Money with Our Professional Bookkeeping Services You can hire a back office bookkeeper, but Fineman West Co LLP, can save you significant costs by taking on all of your bookkeeping tasks.You save the expenses associated with payroll taxes, health insurance, workers’ compensation and disability insurance, and you can count on us keep your records updated, maintained and in perfect shape. Our firm can take on more serious challenges, such as catching up on backlogged bookkeeping and putting processes in place to help you stay current. Tell us your story—we are here to help. SET UP BOOKKEEPING PROCEDURES We can assist you in setting up a chart of accounts, with internal control procedures or document flow, and can implement a document retention policy so you save the maximum when it is time to pay your silent partner—Uncle Sam. RESPONSIVE SERVICE Once your books are in order, we make ourselves available to you. Simple questions over the phone are always free. We also provide remote bookkeeping services in which we remotely access your data and perform additional work without distracting you or taking up your valuable time. CATCH-UP BOOKKEEPING Did you get behind? We can take on the task of getting your finances caught up, your expenses classified into the correct categories, with your statements reconciled. We will find allowed deductions. TAX SERVICES We also provide accounting services for tax returns, reports, and financial statements. Our range of services goes far beyond the ordinary, and if you need help in any area involving bookkeeping, taxes, or reports, we are ready to go to work for you. RELEVANT FINANCIAL REPORTS Your financial reports can be a critical piece of the puzzle, particularly if you are seeking financing. We have your reports prepared and ready to go when you need them, and are ready to produce other types of reports or statements on demand. We make the process simple for you, and save you money too. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with companies to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Fineman West has kept businesses in balance since 1971.
  5. 5. Jewelry Fineman West has been serving the jewlery business for over 40 years. Our firm is regarded as the preeminent jewelery accounting firm in Los Angeles. The jewelry business presents unique challenges. We have a blend of industry specific experience and a broad understanding of the retail and manufacturing industries to bring to the table. We go above and beyond for our clients. We take your business seriously, and we understand the challenges you are dealing with every day. We go beyond the expected in our range of services to jewelers, providing insight and strategies to assist you in increasing profits, protecting your brand, and reducing risk. Are you short-changing yourself when it comes to cash flow? We can help you pursue maximum financing at minimal cost. We Help Brighten Up Your Jewelry BusinessEvery Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  6. 6. We Resolve the Unique Business Challenges of the Jewelry Industry The jewelry industry has many industry- specific business challenges that other industries don’t have to deal with. These unique issues are all part of our daily business at Fineman West. •  Tax Returns and Tax Compliance • Anti-Money Laundering Compliances: Form 8300 •  Diamond Sourcing Compliances • Preparation and Presentation of Business Financials for Lenders •  Financing Options •  IRS Cash Disclosure Requirements •  Minimizing Tax Burdens •  Maximizing Lending Ability • Identifying Federal and State Tax Incentives and Credits •  Trusts Planning •  Estate Needs •  Financial Projections •  Buy/Sell Agreements •  Life Insurance Buyouts •  Pension and Profit Sharing Plans • Trademarks and Creditor Protection • Licensing and Royalty Agreements •  Brand Protection Your Complex Business Issues in the Jewelry Business Jewelers face a great number of challenges specific to the industry, with countless legal, taxation and reporting requirements that must be submitted accurately and on time to avoid serious legal problems. Issues such as anti- money laundering compliances and Form 8300, diamond sourcing disclosures, IRS cash disclosure requirements and the Patriot Act make conducting business exceptionally complex for the jewelry industry. Our decades of experience allows us to have keen insight and knowledge of every facet of the industry. TAX SERVICES AND COMPLIANCES We go far beyond just preparing financials and tax returns for our clients. Our team understands the intricacies of the jewelry business through our 40 years of service to the industry. The taxing authorities and the Federal government have heavy requirements regarding compliances and reports associated with the Patriot Act, anti-money laundering issues and the correct way to submit Form 8300, the proper way to report cash sales, and complex record keeping requirements. We do it all. FINANCIAL STATEMENTS Banks have become more and more hesitant to loan to the jewelry industry. Creating a financial presentation that is attractive to a potential lender is a critical part of our service. We have powerful lender connections and a deep understanding of how to create and present financials in a format to help get maximum financing at minimal cost. LONG TERM PLANNING We work closely with your financial advisors in long term planning. Our firm can address a wide variety of issues, including trusts, estate needs, financial projections, buy/sell agreements, life insurance buyouts, pensions, profit-sharing plans and business succession planning. TRADEMARK, LICENSING AND ROYALTY AGREEMENTS You have worked hard to create your brand, and it must be protected. We review and address all of the critical issues including protecting trademarks from creditors, ensuring there is a valid licensing and royalty agreement in place and that it has been kept at arm’s length, and many other strategies that provide protection from creditors and keep your brand protected from risk. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with jewelry firms to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Our accountants are a cut above.
  7. 7. Manufacturing Fineman West has the experience in the manufacturing industry you need. With 40 years of serving hundreds of manufacturing firms, we understand the complex challenges that business owners face on a daily basis.We help you grow, remain in compliance with state and federal regulations, and work to help you protect your brand from risk. We go beyond the expected. You worked hard to build your business, and as true business advisors we work side-by-side with our clients and take on the most difficult and complex tasks with confidence.We go far beyond managing financial compliance matters such as reporting and income tax minimization. Our team is the support arm for manufacturing enterprises throughout Southern California. Our business is your business. We Help You Grow Your Manufacturing BusinessEvery Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS
  8. 8. Manufacturers Face Complex, Global Business Issues Overseas manufacturing has created big challenges for smaller and mid-sized businesses with less purchasing power and economies of scale. Raw materials, commodities prices and exchange rates fluctuate significantly. Manufacturers are contemplating moving operations to China or other less developed countries such as Mexico or Vietnam while some overseas operations are considering a move back to the U.S.A.These big challenges can be addressed and resolved with our help. Pricing pressure from big box buyers and retailers have had a negative impact on profitability, and unfavorable public policies and regulations have been imposed by various layers of government, raising compliance costs.We can help you get your manufacturing business on track for success, no matter how complex the issues may be. • Affordable Care Act implementation •  Tax returns and Financial Reporting • Tax consulting and compliance and assurance services for audit and review • Seeking financing options that maximize gain and minimize cost • Internal control improvement •  Inventory cost sheets • Formulation of business plans and financial statement projections • Introduction to business partners • Providing insights on “best practices and processes” We Can Help You Transform and Adapt to Challenging Business Conditions A manufacturing business presents unique challenges that range from identifying, hiring and retaining qualified personnel to extensive reporting requirements and the tough regulations imposed by many government agencies. Protecting your business involves a multitude of critical tasks beyond actual production.We work side-by-side with our clients to increase profitability through streamlining operations and controls, as well as ensuring that your brand is protected from unnecessary risks. These challenges must be met on an ongoing basis, with compliances in order.We take on the toughest challenges so you can focus on the big picture. TAX AND REPORTING SERVICES Advance planning is key in taxation matters.We identify any state or federal tax incentives or credits with an eye to minimizing taxation.All financial reports and compliances can be managed for you so nothing is left to chance, and you gain the best possible financial footing for your enterprise. Our focus is on increasing profitability. FINANCIAL STATEMENTS You can take advantage of our excellent reputation, and our ability to create financial reports in a format that lenders find favorable.We have powerful connections in the banking and lending industries, and can help you seek financing options at the least cost to your business. CONSULTING Our firm works closely with our manufacturing clients to institute improvements that can boost your bottom line, including internal controls and streamlining systems so your manufacturing business can thrive and stay competitive and viable on the local, national or global level. NEW FACILITIES Relocation of a manufacturing facility creates risks and is a significant drain on resources.We work closely with our manufacturing clients that are contemplating a move within Southern California or to another state or country, and help them clarify the advantages, disadvantages and costs involved in any significant change in operations.Your future success, viability and stability are priorities for us.We help you to know before you go. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with manufacturing companies to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Fineman West will help you build a stronger business.
  9. 9. Real Estate Fineman West has over 40 years of real estate experience serving investors, developers and lenders. We help our clients analyze, plan, negotiate and ultimately finance the transactions.Then we can help manage these properties after closing. Our extensive experience with real estate ventures and transactions has proven to be a great benefit to our clients.Take advantage of our knowledge of the real estate industry and our good reputation. We go above and beyond the ordinary. At Fineman West Co LLP, we serve investors, developers, investment funds, and managers.As well as advising all kinds of tenants and leasehold owners. We can assist with issues far beyond filing your taxes and financial reports and can provide business consulting services to help you minimize tax burdens today and in the future.We offer a range of services geared specifically to the real estate industry. We Help You Grow in the Real Estate SpaceEvery Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  10. 10. Meeting the Challenges of an Explosive Industry For many companies and investors in the real estate space, positive cash flow, long-term tax planning and minimizing taxes are ongoing concerns. Our accounting and business consulting services allow your enterprise to take advantage of the various tax techniques that minimize taxes for today and into the future.We have a deep knowledge of the various sectors in real estate and offer strategies related to capital gains, estate and gift planning, and more complex issues such as cost segregation analyses, depreciation planning and rules for Section 179 expensing. Our team can get involved in the basics of tax returns and reports as well as in the rarified air of the most complex transactions—we do it all. •  Cost segregation analysis •  Depreciation planning •  Rules for Section 179 expensing •  Passive activity rules planning •  Capital gains planning techniques •  Strategies for Real Estate professionals •  Ordinary vs. capital tax strategies • Audit, review and compilation of financial statements •  Tax and cash flow projections •  Bookkeeping and Accounting We Help to Resolve Concerns Specific to the Real Estate Space Our team at Fineman West Co LLP, has garnered an impressive level of knowledge and experience in various sectors of the real estate industry.We take on the tough challenges for our clients—from real estate companies to investors, developers, investment funds, and all types of tenants and users.We map out creative ways to overcome restraints and to gain the highest level of profitability for your enterprise. Our firm can take on the toughest challenges so you can focus on the business of doing business. REVIEW OF FINANCIAL STATEMENTS Any real estate development, purchase, sale or investment will require full compliance with various taxing authorities.We work with local officials and rules, landlord and tenant reports, and preparation of necessary financial statements and forms. TAX AND CASH FLOW PROJECTIONS Our firm can help you with tax and cash flow projections so you have confidence moving forward with your project or investment.We want to help you reduce risk with a clear vision of the future in financial terms.We have relationships and contacts with lenders that could be beneficial to you. BOOKKEEPING AND ACCOUNTING We keep your ducks in a row. Our bookkeeping and accounting services can allow you to avoid excessive taxation, fines and to stay current with expensing and other critical issues. Our team does the heavy lifting so you can concentrate on your business with confidence that all is in order. CONSULTING SERVICES Our experience allows us to serve as your partner in mapping out the future.We work directly with each client, and focus on maximizing profits and minimizing risks and undue taxation. MINIMIZE TAXES Our team can assist with the most complex issues for those involved in the real estate space, including cost segregation and analysis, like-kind exchange planning, capital gains planning, entity selection and structuring, estate and gift planning, AMT tax planning, strategies to reduce COD income, and all other vital matters that could cross your plate. We do it all. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with real estate companies to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Fineman West will help you construct a stronger business.
  11. 11. Restaurants Fineman West understands the restaurant business. Our firm has four decades of experience serving the restaurant industry, and we understand the complexities involved in managing costs and keeping an enterprise solvent and flourishing.The restaurant business is experiencing a gradual recovery curve, but owners now have fresh challenges to overcome.The major costs of operation have risen dramatically, including employee wages, food costs, health insurance, leases and the legal costs involved in day-to-day operations. We go above and beyond. For over 40 years, Fineman West Co LLP has served restaurant clients in managing their business risks. It is no longer enough to have all compliances in order such as financial reporting and income tax preparation and minimization.We work side by side with business owners to address and resolve the day-to-day challenges of running a restaurant operation.We are a group of true business advisors that can assist your business with a “full menu” of services. We Help You Grow Your RestaurantEvery Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  12. 12. The Success of Your Restaurant Business is What Matters to Us You are facing a range of tough challenges to achieve long term profitability. Our team addresses a wide scope of issues specifically tailored for the restaurant industry: • Affordable Care Act review, adoption and implementation strategies • Internal control assessment and improvements to increase profitability •  Wage and employment practice reviews • Preparation and assessment of business plans • Financial reporting package design • Financial statements and projection preparation •  Profitability analysis •  Outsourced Controller and CFO services • Tax audit representation for various governmental authorities and agencies • Lease term review and negotiations with your counsel • Insight on “best practices and processes” for many areas of restaurant operations through benchmarking • Information technology infrastructure assessment and recommendations Restaurants Face Big Business Issues The restaurant business is competitive, exciting, and vital, but deals with challenges unique to the industry, from day-to-day operations to coming under constant scrutiny by the various taxing authorities. We can protect your business by ensuring you have proper wage reporting, sales tax reporting, tip reporting and other critical compliances. We offer professional support you can trust to manage the details so you can focus on your business with confidence. TAX COMPLIANCES AND RETURNS Keeping your compliances in order and safe when scrutinized by the taxing authorities allows you to breathe easy and focus on what’s important.You can benefit from our extensive audit experience. Our team has 40 years serving the restaurant industry in tax reporting, returns and minimization. THE AFFORDABLE HEALTH CARE ACT We work with restaurant business owners on the adoption and implementation of strategies geared to keep health insurance costs as low as possible while meeting government regulations. INTERNAL CONTROL ASSESSMENTS Our team assesses internal control systems in place so your business can reach a higher level of profitability through easy-to-manage control and tracking systems. WAGE AND EMPLOYMENT PRACTICE REVIEW We live in a litigious society. We can help protect your business against the risks involved in litigation from any source, including employees, vendors or others. FINANCIAL REPORTING PACKAGE DESIGN Keeping all financial reports current, accurate and safe will protect your enterprise. With our reporting systems in place, you can focus on what matters. We do the heavy lifting. OUTSOURCED CFO SERVICES Take advantage of our experience and knowledge of the industry and let us manage these key areas for you.The savings can be significant, and you can be confident that your financial matters will be managed professionally. TAX AUDIT REPRESENTATION Our team takes on any taxing authority with confidence. We are well-respected in the accounting industry, and you can benefit from our good name and our professional skills during an audit. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with restaurants to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Our firm has got a whole menu of financial services.
  13. 13. Technology You move fast. You have a lot of great ideas. And naturally, you’ve got challenges as well. We share your vision. We bring insight and experience to all matters of tax law, reporting, capital sourcing, bank financing, and a range of other challenges that innovators in our community are required to deal with. We can help you put all of the pieces in place so that your enterprise can advance into the marketplace with confidence. We go above and beyond. Our team can map out creative ways to overcome constraints and help you thrive in the ever-evolving marketplace. We can help you navigate challenges such as changes in tax law, financial reporting requirements, funding, corporate structure, cash flow analysis and projections, revenue recognition, and stock options. We offer a variety of other services geared specifically to support high tech and emerging growth companies. Your Partner in Your Technology Company’s GrowthEvery Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  14. 14. Support for Your Vision High tech companies face challenges that must be managed with insight and skill to effectively reach the marketplace and flourish. We provide a scope of accounting services specifically tailored for high tech companies: • Establish the most effective legal entity and tax structure • Tax consulting and compliance •  Assurance services (audit and attest) •  Understand capital sourcing options •  Cash flow analysis and projections •  Revenue recognition • Seek financing through our strong network of California-based banks •  Internally developed software •  Executive compensation issues • Stock options and other forms of equity compensation • Merger acquisition due diligence •  Tax accounting methods •  International structuring •  RD tax credits •  Multistate income and franchise taxes •  State nexus and apportionment Tech Companies Face Complex, Big Business Issues Federal and state governments have called upon entrepreneurs and investors to stimulate growth and help get the nation’s lagging economy back on track. At Fineman West, we know that high tech companies in the development stage are facing a variety of complex issues that must be resolved. These include dealing with revenue recognition, accounting for stock options and warrants, and managing their intellectual properties. We offer professional support to manage all the critical issues. LICENSING AND ROYALTY AGREEMENTS Many technology clients depend upon licensing agreements to monetize their core assets— trademarks, copyrights and other intellectual property. Proper execution of licensing agreements is essential for a company to receive all that is due. We review and evaluate these agreements and provide feedback from a business and economic viewpoint. Do you have the most tax-efficient organizational structure with respect to ownership of your intellectual property? Does migration of your IP make sense? We can answer all these questions. REVENUE RECOGNITION The rules governing revenue recognition are critical for high tech companies. As revenue is frequently the driving force behind key management decisions, ensuring that all revenue is accounted for properly is extremely important. Fineman West provides guidance and professional skill in revenue recognition for multiple deliverable arrangements. ACCOUNTING FOR STOCK OPTIONS Many technology companies use stock options to recruit and retain professional talent. Current accounting standards require that all stock options granted to employees are accounted for, using a fair value approach. These costs must be accurately recognized in the company’s income statement. We understand all of the issues surrounding not only financial statements, but the tax implications of these matters as well. Our team can help you work through the complex accounting requirements as well as IRS 409A rules. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with technology companies to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t  Our accountants are innovative and tech-savvy.
  15. 15. Wealth Management You work hard for your money. But the question is what to do with it once you have it. That’s where Fineman West Co LLP comes in. For nearly half a century, our clients have turned to us to unravel the complexities of investing, insurance and financial planning. We are among the largest independent CPA firms in downtown Los Angeles. We work for you and your business as your financial adviser to maximize your after tax earnings. Why independence is important. Being independent is important. Because we take our role as you financial advisor very seriously, we do not sell any financial products that might influence our recommendations.As your tax preparer, we are in the unique position to best understand your financial position—both business and personal.And we are able to address your individual concerns and help you mitigate unnecessary risk. Fineman West Co LLP. Every number tells a story. It’s not what you make…it’s what you get to keep! CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS Every Number Tells a Story® At Fineman West Co LLP, we are a team of hands-on business advisors that are committed to helping you achieve the highest level of financial success. Our client-focused services go beyond the ordinary. For over 40 years, we have been dedicated to looking at the numbers—gross profit, inventory, cash flow and more—and telling the story. Our insight and professional skills allow us to provide meaningful guidance for a wide range of business issues. Our clients appreciate that we effectively communicate, and that we are committed to being responsive to all requests, concerns and questions. We specialize in working closely with privately-held firms who require outstanding accounting and auditing services, tax planning, business forecasting and other management services. Fineman West Co LLP 801 S. Figueroa Street, Suite 1000 | Los Angeles, CA 90017 p: (213) 688-9898 | f: (213) 688-9899 www.fwllp.com
  16. 16. We might save you more than you pay us Being among the largest CPA firms in southern California has its advantages. Fineman West has the depth of services to help your business or family in so many aspects of your financial well-being.Areas that we may be of assistance include: •  Maximization of tax deductions •  Brokerage account review • Retirement planning: will you have enough to retire on? • Insurance: do you have enough or too much? •  Lease vs buy analysis • Risk vs. return rations: what can you best tolerate •  Social security: now or do you wait • Educational planning for children and grandchildren • Review operating agreements for new ventures •  Cash flow planning • Review of buy-sell agreements and key man life insurance • Getting clients to complete marketing projects faster What is your financial plan for the Future? You’re successful.You’ve built an estate. Perhaps, you own a business. Now, what is your plan for the future? Whether it’s your investments, taxes, insurance or financial planning, we are well equipped for the task.We know it all can be confusing which is why we will help clearly evaluate and explain each of these areas so that you can understand how to best address your financial world. Take Our Financial Protection Questionnaire There are three basic categories of services that Fineman West can provide for both you and your business.As one of the largest CPA firms in downtown Los Angeles, we have the breathe of services to give you the balance that you need in your financial life. Here are the questions that you should be asking yourself.We can help answer all of them. The Fineman West Financial Protection Questionnaire FINANCIAL PLANNING INVESTMENT STRATEGIES 1.Will my savings be enough to provide me with a secure retirement? 2. How much do I need to save to retire? 3.Am I invested in the right products that give me the earnings I need? 4.What kind of debt is considered “good debt”? 5. How do I improve my financials to better position myself for a refinancing? 6.What are the ramifications of investing in a new business or joint venture? RISK MANAGEMENT AND INSURANCE 1. How much insurance do I need? 2.What kind of policies should I consider? 3. How much risk am I comfortable with? 4.Are my assets truly protected against adversity? ESTATE AND TRUST LEGACY PLANNING 1. How do I legally protect my assets for estate taxes? 2. How can I pay for my grandchildren’s education without paying gift taxes? 3.What is the best way to leave my business to my children? 4. I have to take my RMD this year.What are my best options to help reduce my tax burden. AUDIT ACCOUNTING You can benefit from our good reputation. The respect we hold in the professional community can assist you to assure stakeholders, taxation authorities, banks, suppliers, customers, and your employees that your financial statements fairly represent your company. TAX SERVICES Our firm knows that advance planning is the key in taxation matters. Our tax planning and compliance professionals remain proactive throughout the year to ensure that you maximize your outcome. CONSULTING We work closely with businesses and families to institute best practices in all financial strategies for competitive advancement into the national and global marketplaces. t The staff at Fineman West at work for you.

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