Governor Newsom signed Assembly Bill 2280 into law on Sept. 13, 2022. The purpose of this bill was to establish a program for voluntary unclaimed property compliance (VUPC) in California. Several highlights of the bill are as follows:The State Controller’s Office will develop the framework of the program, including guidelines, process and forms required for unclaimed [...]

Many companies are beginning to experience a softening in their customer markets, resulting in top-line and margin pressure. For companies in, or embarking on, an M&A transaction, this presents both explicit and implicit challenges. REVISITING EBITDA Earnings before interest, taxes, depreciation and amortization (EBITDA) has for a long time been the barometer of v [...]

When preparing for different scenarios, business leaders should review the forecast to understand company risks and opportunities and make informed decisions. The last installment of the “How to Prepare for a Recession” blog series took a look at business forecasts: what they are, why they matter and how they are created. Once a business forecast has been created, t [...]

On this episode of the Media Clips Podcast, GHJ Profit Participation Services Practice Leader Ilan Haimoff takes a look at motion picture and television financing with Randy Hua, Head of Bank of America’s Entertainment Industries Group, and Chris Spicer, Partner at Akin Gump Stress Hauer & Feld LLP and Head of its Entertainment and Media Practice. Two years ago, Rand [...]

Any organization can develop a clear identity and mission, but how can a nonprofit amplify the public’s awareness — for fundraising, attracting volunteers or bringing attention to critical issues? Many nonprofits have benefited from Google Ad Grants to reach these goals (and more), not only for expanding their organizations’ reach, but also for developing tools to sus [...]

With a recession officially started, businesses must prepare for various scenarios by creating a forecast. Businesses must apply practical, unemotional and qualitative thought processes to consider the experiences endured during the shutdowns, how they may be impacted and the steps that must be taken to survive and potentially prosper during this downturn. Previous [...]

When a recession hits, it is important for businesses to closely monitor their performance. The goal is to work smarter, not harder — so rather than combing through data, businesses should keep their fingers on the pulse of two key ratios. In this installment of the blog series about what businesses should do during a recession, learn the two ratios that all busines [...]

In this episode of the Media Clips Podcast, Host and GHJ Profit Participation Services Practice Leader Ilan Haimoff takes a look at the business behind new media. Andrew Graham is a Talent Agent for Creative Artists Agency. As a member of CAA’s Digital Media Group, Andrew helps the agency engage with digitally endemic talent and monetize the social footprint of tradi [...]

Originally published by Staffing Stream. Companies face a number of challenges in today's landscape, including high employee turnover and political polarization. These issues make it difficult to keep the fabric of their company intact and to promote a unified workforce. Both employee retention and unity can be addressed by strategically launching a network of employ [...]

Originally posted by Craft Brewing Business. As an evolving industry, beer strives to anticipate what is coming next. Many of today’s industry players emerged in the feel-good, high-growth days of the 2000s and are now entering a mature phase of their corporate life cycle. Fifteen to 20 years ago, the competition was not as fierce — distributor share-of-mind was easi [...]