• Keeping the Team Alive

    We missed the Fourth of July fireworks on Bailey Island last weekend for the first time in a long time. It was just too damp and foggy – it didn’t seem like mid-summer in Maine – and they faked us out a bit by scheduling it on the Third. However, the Ice Cream Social at…

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  • Quicksand in The Swamp

    When I started this solo trek as Financial Managers Trust in 1983, I never really doubted that I could earn good money on my own. And before I was very far down the road, I got over being aggravated at paying both the employee’s and the employer’s share of the Social Security tax (a total…

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  • There’s a ‘Gator Back There

    We had fought the good fight, but it wasn’t to be. Nine months earlier my partner and I had realized – after two years of sacrifice – that the business wasn’t big enough to support both of us, so I left to establish Financial Managers, and Don took over the whole show. I retained my…

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  • Survival (S) Kits

    You don’t need a degree in accounting to know when your company is squeezed for cash. If your total current assets (e.g., cash, receivables, inventory) are less than your total current liabilities (e.g., accounts payable, accrued expenses, loans and leases payable with a year) more often than not you have a problem. When the economy…

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