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7 Strategic Planning Steps to Make Your Company a Future Success
Are you missing Strategic Planning? Let’s quickly get through the first three items in any strategic plan. Here’s a quick review. These are key to making sure that everyone in your company is on the same page. Vision and Mission Statement – Why do you exist, and what is it that you provide to the marketplace? SWOT Analysis – Strengths,
Thinking of Selling? First, Understand Your EBITDA
If you're looking at selling your business, one of the things that's important for you to understand is how you
CFO vs Controller – What’s the Difference?
Some small business owners have CFOs working for them. The owner is likely proud that they have prepared their company
How Can a CFO Impact Your Customer Acquisition Cost and Lifetime Value?
We all understand that customer acquisition cost (CAC) and lifetime value (LTV) are all about data. It's about information—and a
What Do You Want to be When You Grow Up?
With more than 70 years under my belt, pondering this question is sometimes philosophical and sometimes whimsical, but it’s still
The Future of Fractional CFOs
This just in! The use of traditional CFOs is on the decline. In fact, research from The Wall Street Journal
Is Your Business Ready for a Part-Time CFO?
Is Your Business Ready for a Part-Time CFO? As a business owner, there are a handful of questions you repeatedly
A Note from Larry: Hidden Gold
Finding Hidden Gold Everybody is looking for hidden gold. As an entrepreneur and someone who runs a business, the place
Why People Start Businesses
Larry Chester, President of CFO Simplified, has served as a CFO for 25 years for companies including Colovos Company, Republic
How to Read Your Income Statement
Every business owner, at the end of every month, receives an income statement and balance sheet. These two documents can
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