While the economy continues to grow at a moderate pace, there are mixed indicators around when a full recovery will occur and how robust it will be.

Positive signs like capital availability and low interest rates are counterpointed by slow employment growth and rises in oil and food prices. Larger numbers of more complex regulations demand attention and can potentially constrain business expansion.

From executive management teams to financial institutions and the markets, there is uncertainty regarding the impact the end of the Federal Reserve's second quantitative easing program will have on interest rates, capital investments and the marketplace in general.

At the same time, Los Angeles businesses are full-speed ahead on executing to attain financial and operational objectives.

For challenges arising in areas like strategic planning, business management and day-to-day financial operations, we are a Los Angeles group of former chief financial officers who provide CFO services - the exact expertise in just the time needed - to successfully resolve those challenges.

I hope you find informative the four articles we've published in the last month, and I would enjoy talking with you about how we can collaborate on their subject matter - or other areas - to help your business create, grow and sustain value.

Sincerely,

Arthur F. Rothberg

Mangaging Director