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Financial Bits And Bytes
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Budgeting and Your Strategic Plan
What Are Your Plans? We are continuously making plans. Some are short term – where are we going to have dinner tonight, or how can we keep the kids occupied on the weekend? And some are long term – should we put a new kitchen in the house, or how do we plan for retirement? But what are your plans
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
Customer Concentration
There’s always comfort in working with people you know. But if those people hold the key to 75% of your
A Note From Larry: How to Handle Employee Turnover
This is a difficult time for every business owner. Not only do you have concerns about continuing sales, but you
Succession Planning
Forbes reported that 90 percent of family-owned businesses fail in the third generation. It might be worthwhile to examine one
Cybersecurity: It Takes Two to Tango
The dangers of cyber threats are at an all-time high. From ransomware to phishing, hackers know no bounds when it
Internal Controls
Many entrepreneurs have one person they trust implicitly with their business operations, finances, and administrative activities. But the real question
Larry Chester Featured On HighRadius CFO Circle: Impact of Poor Collections-Strategy on CX
Larry Chester, CEO at CFO Simplified was featured on HighRadius' Mid Market CFO Circle on the Impact of Poor Collections.
Startup Knowledge – Drink Deep
Entrepreneurs creating a start-up face an almost insurmountable task. Many have little or no understanding of the finance side of
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