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May 2016 Newsletter
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5 Reasons to Outsource Your Accounting Department

by Jennifer Barnes, PBO CEO & Co-Founder

1.     You need expertise

Having dedicated professionals that can provide you with accurate and on-time financials that they can explain to you is crucial.

How often do you waste time trying to understand your financials? Outsourcing your accounting gives you access to executive level financial knowledge on your team without having to pay full-time executive level wages. Putting your accounting into the hands of highly skilled and experienced consultants who understand how to apply the best practices to your business, makes your job easier.  Stop wasting time with trying to figure out your financials and engage someone that can explain them to you quickly. Getting a high level review of your financials is imperative. The more transparency into your numbers, the better. Not knowing your burn rate, your employee utilization, your exact margins on every job/client or not knowing your debt to equity ratio can kill your profits. The more insight you have into what is driving your bottom line results, the more effective your decisions will be.

To read more...

Fair labor Standards Act (FLSA) Changes for Minimum Salary Requirements

by Laura Nieman, HR & Operations Manager, Pro Back Office

This is a brief overview of some legislation that passed recently regarding the minimum wage for salaried employees. In the past, Fair Labor Standards Act (FLSA) hasn’t affected California employers much because the state regulations tends to be more stringent then the Federal. This latest federal change for minimum salary is more stringent than CA's current requirements.  

To read more...

PBO Expands to Phoenix Arizona

Pro Back Office (PBO) has secured new clients in several new markets in 2016.  Some of those markets include Orange County, Inland Empire and most recently Phoenix, Arizona. We are excited to enter these new markets. If you or someone you know in these areas need finance and accounting help please contact:
 
Phoenix:  Christine Verbin
Christine@probackoffice.com
(M) 602.510.9130
 
Orange County or Inland Empire: Mike Ford
Mike@probackoffice.com
(M) 619.417.4441

Congrats to PBO Client Sun Diego

by Kailee Bradstreet, TransWorld Business. April 7, 2016

Sun Diego’s Dave Nash on his new Sun Diego Beach at Petco Park
TransWorld Business caught up with Sun Diego President Dave Nash for details on the new Sun Diego Beach at Petco Park which celebrated its Grand Opening at the Padres home opener this month.  About 170 fans, industry executives, partners and professional surfers enjoyed the double deck, open-air space, ballpark snacks and flowing tap. Read the full interview with Nash and photos from the Grand Opening at TransWorld Business.  View additional photos at Shop-eat-surf.com.

Good Reads

PBO Spotlights


June 2 - 50 Years and Counting: A New Vision for the San Diego Opera

June 4 - Duck Foot 1 Year Anniversary - Duck Foot Turns 1! Come celebrate with us from 12pm-10pm, we’ll have 26 beers on tap, specialty merchandise and more!

June 6 - BBB Gerry Wilson Golf Classic

All Month Long - Duck Foot Food Trucks

July 27 - MIT 13th Annual Wine Social Fundraiser

 

You may need accounting and/or financial help if...

You have balance sheet accounts that haven’t moved in months and they aren’t security deposits or retained earnings. If you answered yes, don't worry, PBO can help. Give us a call today and lets discuss how we can help you. Contact us at info@probackoffice.com or 858.622.1681.
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About Pro Back Office

Pro Back Office (“PBO”) gives you access to highly skilled finance and accounting talent. We have more than 45 professionals in our San Diego office and serve clients throughout the Pacific Southwest region.  Our back office management and project consulting professionals offer expertise in all aspects of finance and accounting from the bookkeeping role to the CFO. 
 
The three partners of PBO – Jennifer Barnes, Mike Ford and Scott Palka – bring a combined 70+ years of finance, accounting and business consulting experience.  Many of our team members have Big 4 experience in audit and consulting.  PBO’s client base covers many industries including: manufacturing, construction & development, real estate, food & beverage, medical device & life science, non-profit, professional services, healthcare, technology and software.  Our model provides a comprehensive and personalized solution for your finance, accounting and consulting needs by giving you support at varying levels. PBO aims to push work down to the lowest level resource in a cost effective and efficient manner.  Please visit our website at www.probackoffice.com for more information.

 
Copyright © 2016 Pro Back Office, All rights reserved.


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