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Author Archives: Larry Chester
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
The Upgrade Challenge
Making the right decisions is critical to any business’ success. Information comes from experienced staff and data gathered from operations.
Oh Brother – Hiring Relatives
Probably one of the greatest challenges facing any business is that of staffing and growth. Are you strategic and hire
How to Calculate Your Profitability: A Case Study
As Iowa State University reminds us, “profitability is the primary goal of all business ventures.” Business leadership is often responsible
Logistics Can Beat Product (Even Santa Needs Help Sometimes)
There are many elements involved in developing and manufacturing products for a customer. In fact, most of a company’s concentrated
Keep Proprietary Processes Secret
Companies create products or develop services to deliver to their clients. Many find a unique approach that gives them an
Ill-Defined Statement of Work
Any business doing custom work needs to carefully define the terms and expectations of the delivered product. Having open-ended, or
Get Clarity On Your
Company’s Performance
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