Lawrence Chester | Managing Cash Flows and Excess Costs and How to Predict Future Company Performance

Lawrence Chester is the Founder and President of CFO Simplified, a Chicago-based consulting firm specializing in helping small to mid-sized businesses with their financial and operational needs. Lawrence has served as a CFO for 25 years with companies such as Colovos Company, Republic Windows and Doors, United Service Companies, and High Sierra Sport Company, helping them eliminate losses and improve financial operations and reporting.  Lawrence enjoys the challenge of helping companies that are working their way through a crisis. He joined his bankruptcy trustee for several years analyzing the financial condition of client companies and managing them through those difficult times. For small to medium-sized businesses and sole proprietorships, he becomes the CFO on the floor, helping owners gain an understanding of how the various financial aspects of the enterprise come together to drive business growth. Lawrence Chester, the Founder and President of CFO Simplified, joins John Corcoran and Dr. Jeremy Weisz, Co-founders of Rise25 Media, in this episode of the Smart Business Revolution Podcast to talk about managing cash flows and excess costs and how to predict future company performance. Lawrence explains what a bankruptcy trustee does and talks about some of the common cash flow mistakes many companies make. He also explains how he helps businesses manage their cash flow and plan for future growth.