By Chad Saikaley and Anne Van Delst. People go into business to sell either a product or a specialized service. What they don’t do, is go into business to become debt collectors – unless, of course, they are in the business of debt collecting. Nobody enjoys the collecting part of business and most business people […]
It is a common scenario. An entrepreneur has put their heart and soul into developing a successful business and now has some crucial decisions to make about who will run the business and how the accumulated wealth will be shared after he or she retires or dies. Succession planning is a detailed, often emotional and […]
By Lyman Gardiner, CPA, CA, LPA, CBV It’s a rare business that doesn’t experience the occasional financial slump. There can be many reasons for a downturn: From an unexpected dip in the national economy to something relatively simple and short term, such as a major customer who doesn’t pay on time. Whatever the reason, downturns […]
By Natalie Evans, Partner, Head of Assurance Overhead costs are a fact of business life and unless they are properly monitored and controlled, they can also quietly eat away at the bottom line. Focusing on profit margins is a given in business. ‘Profits’ may look healthy, but how much of that hard-earned profit is servicing […]
It was summer 2016 when Louise Radmore, president of Ottawa commercial property management company Paradigm Properties, decided to retire and begin winding down the company she established 20 years earlier. After notifying the staff and starting to notify clients, she began her path to retirement. In only a few days, she realized that perhaps it […]
GGFL has been named as one of Canada’s best employers for recent graduates by The Career Directory. By combining excellent career growth, extensive training and development opportunities and a modern benefits program, GGFL is able to offer summer students and recent graduates a supportive work environment to learn and grow. To learn more, visit our […]
By Monica Martinez, CPA, CA, CPA Principal, U.S. and Cross-Border Tax & Advisory Services On September 6, 2019, the IRS announced the new “Relief Procedures for Certain Former (US) Citizens” (Relief Procedures), which apply to certain individuals who have relinquished, or intend to relinquish their US citizenship (expatriate). If eligibility criteria are met, the new […]
By Anne Van Delst, CPA, CA, LPA Recessions, and even lesser economic downturns, can – and do – ruin once-thriving businesses overnight. While it’s true that economic hills and valleys are beyond the control of small and medium sized business owners, those overnight crashes are often the result of months or years of inadequate planning. […]
We are in the midst of a remarkable economic period. A few weeks ago, ‘inverted yield curves’ brought predictions of an impending recession. In September, the TSX reached a record high and unemployment levels hit historic lows. But warning signs and threats persist, including on-going trade wars, geopolitical tensions in the EU and Middle East, […]
GGFL is very pleased to share the news that we have been awarded a 2019 Employees’ Choice Award as one of the top ten employers in Ottawa. The Employees’ Choice Awards celebrate companies whose employees say they are engaged in their work and feel connected to their place of employment. GGFL has always strived to […]