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TFO Blog

Accounting, Sales, Taxation and Advice

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KISS

Simplicity.  Unnecessary complexity. Overthinking things. Applying the KISS principle to our business lives can pay dividends.  Originated in the 1960s by US Navy design engineers, it emphasizes that simplicity should be the key goal in design. Carry that over from...

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Set Yourself Up for Success

We all want to be successful—in life, our career, business, relationships.  It is a desirable state and one that is quite achievable. And, like just about everything, it is either a process or the result of a process. What are...

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Ask for What You Want

Mom used to always say, “if you don’t ask, you won’t know.” Still true today.  If you want to know something, get something, give something, meet someone, try something new or just want to start a conversation, you have to...

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A Win is a Win is a Win

Victory. Success. Achievement. Knockout. Capturing the prize. No matter how you express it, a win is important in business.  From the big ones (that big, new contract) to the small ones (the keys work in the door!), a win is...

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It’s Already the Fourth Quarter!

Uh, oh.  Don’t look now, but the clock has just ticked into October and it’s…wait for it…THE FOURTH QUARTER! And just like in football, you need to be managing your clock to make sure that you finish ahead.  Or maybe...

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Making Midseason Corrections

After the first two weeks of the NFL season it seems some fans are already looking ahead to next year.  Their teams have gone oh-and-two and the prospects for winning this year and making the playoffs are somewhere in the...

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“Going out of my head…”

Little Anthony and the Imperials sang it and most of us live it at one point of our lives: “Going out of my head…” Sure, life has its distractions, both good and not so good.  But the reality is that...

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It’s an Accrual World…or is it?

Cash or accrual? Accrual or cash? Which approach should I take? Huh? Yeah, we’re talking about accounting approaches…again.  But that’s ok.  It’s our business.  And it should be yours, too. Sure, you’re the business owner, founder, inventor, chief creator or...

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I’ll get to that…tomorrow…maybe

“Procrastination is opportunity’s assassin.” – Victor Kiam “Procrastination is like a credit card: it’s a lot of fun until you get the bill.” – Christopher Parker “Procrastination is one of the most common and deadliest diseases and its toll on...

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Goal!!!!!!!!!!!!!

They are simple things, really.  Looking ahead for the future of your business. Sounds dry and boring, right? Nope! You have to look at setting goals for your business with the same enthusiasm as that soccer (futbol) announcer from a...

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The Taxman Cometh

The Beatles sang about them. Ben Franklin talked about their certainty alongside death. Regardless about how you feel about taxes, their legality, purpose or place in our culture, you do have to pay them. Make no mistake about it, you...

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Graduation Day

There are milestones in every life and relationship—first meeting, marriage, births, graduation day.  And with each milestone comes a change.  Sometimes they are difficult partings, others joyful. The same goes for business relationships. As a fractional CFO and controller, I...

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