Note that performance issues should only be addressed AFTER doing a complete and thorough major tuneup.
This means plugs (at least verify correct numbers, look at condition, and set proper gap)
Points gap or dwell adjust
Spark Timing - static, and when on the advance
Cam chain tension
Tappet clearance adjust.
Air fliter - clean or replace.
Further, a compression check would determine if there are possible issues with engine cylinder mechanical integrity.
All of the above should be done before doing things to the carburetion, which some of your reported symptoms may point to.
Lastly, there are differences between models of the CB550. Be sure to state what year and model you have. And, tell us about changes made to it from stock form, I.E. exhaust system, air filter, etc.
Let's see, that should cover the first twenty questions...
We're here to help!
Cheers,