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Category Archives: Financial Statements
Dealing with Obsolete Inventory
For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. A particular problem that
Data Drives Decision-Making
Every business owner looks for the information that they need to make the right decisions. Sometimes the information is not
Tea Leaves and Financial Statements – Something in Common?
Financial reports contain the most important reading that a business owner looks at on a regular basis. And yet, for
Finance vs. Accounting
The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While
Do You Decide to Plan or Plan to Fail?
It’s not a new concept, but it is a lesson that we are reminded of constantly. Those not wanting to
Five Numbers to Pay Attention to on Your Financial Statement
You might naturally gravitate towards these five numbers on your financial statement, and these figures are a great start
Why do I need a CFO?
Why does a business owner need a CFO? This is a question Larry Chester, founder of CFO Simplified, receives often.
CEO World Features Larry Chester: A Disaster in the Making – Your Credit Policy
Our CEO, Larry Chester was recently featured on CEO World Magazine discussing how to handle credit as a business owner.
Where Have All The Profits Gone?
Probably one of the hardest decisions a business owner makes is how much to charge for what they sell. It’s
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