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Franchise closing

I am currently working on pulling together the final tax return. The owner has thrown in the towel. Yet he still has time on his original contract with the Franchisor. My client stopped making the required monthly payments a few months ago and has received a form...

Second Careers

I have a friend of mine who is starting his second career in his mid-50’s. He thought that he was going to spend the last years of his working life at his last employer. But things obviously did not work out as planned. So he has developed a plan to move on a two...

Bad Choices

A hundred years ago I was working for a large NFP that was just starting to go through a radical restructuring. As a cocky young accountant, I saw the direction and I was concerned that the decisions being made were wrong. I voiced my opinion on deaf ears and left in...

Good times to bad

I was at a Board of Directors meeting for a client recently and the lack of urgency was brought up.  The BOD has deferred certain decisions and that course of action has been uncovered as a problem for certain growth and funding plans. The decisions had been deferred...

The Digital Landscape

I was reading a cautionary tale against relying on Social Media exclusively to market you company.  I admit that I do not work with a company that is doing such a thing.  I am having difficulty getting some of them to embrace Social Media as a marketing tool to begin...

Paperless

I was reading an article on cost savings for businesses and one idea struck me as odd if not obsolete.  The item that they hyped was going paperless, stressing the cost of ink.  I don’t believe that I have a client who still uses inkjet printers. Laser jet printers...

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