Updated March 27, 2020 Additional COVID-19 Resources Government and Financial Assistance Programs Managing Your Cash Flow During COVID-19 New Tax Filing and Tax Payment Deadline COVID-19 – Helping Your Employees GGFL Service Changes Secure Document Drop-Off From Bricks And Mortar To A Virtual Firm In Five Days Our Richmond Road office is closed but GGFL […]
Is Your Business Prepared for a Slowdown? The COVID-19 virus is having a dramatic impact on business owners as they work to ensure the health and safety of client and staff and adapt their business operations. The impact of the virus will be felt for many months and will have a significant impact on financial […]
Gathering all the tax return information to send to your accountant and/or CRA can be unnecessarily time consuming and involve way too much paper. GGFL Associate Partner Jean McDonell offers these tips to make the annual chore a little less . . . well, taxing. Ask your dental professional, pharmacist or other relevant health professional […]
By Natalie Evans, Partner, Head of Assurance, Advisory Services For any business owner, forecasting growth can be an onerous task – the financial equivalent of a trip to the dentist. But like trips to the dentist, they are important, and not necessarily as painful as you might expect. None of us can see into the […]
GGFL’s Anne Van Delst will be presenting a session on ‘Bidding Successfully and Profitably’ at the Ottawa Construction Association symposium on February 27th in Ottawa. For full details on the symposium and to register please click here.
GGFL is very pleased to announced that we have won the 2020 Best of Accounting Award for providing superior service to our clients. We heard from close to 500 clients and we were pleased to learn that 75% of clients rated us a 9 or 10 out of 10! “Our clients have told us that […]
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 […]