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Why I moved to GGFL — Chad Saikaley, CPA, CA, TEP

Why I moved to GGFL — Chad Saikaley, CPA, CA, TEP

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GGFL partner Chad Saikaley came from the sprawling, multi-national accountancy world. He understands the lure of the Big 4, especially for graduates, and he has friends who are happily forging careers with those firms. But, after eight years between two of these firms, Chad decided he wanted a change.

Chad found his true professional home at GGFL, and, in the process, discovered there was a real competitive advantage with a locally owned and managed mid-market firm. He would like graduates, and those in mid and late career, to understand why.

How to stay together while moving forward: Anticipating issues in succession planning for the family business

How to stay together while moving forward: Anticipating issues in succession planning for the family business

Transitioning a business is difficult at any time. When you add the complexity of family dynamics, it can add another thick and complicated layer. Past research has shown that approximately 30% of family-owned businesses will survive into the 2nd generation, 12% will survive into the third, and only 4% into the fourth, and so on. A common situation is one where “dad” has built the family business from the ground up over the last 40 years, poured everything into it, and feels it is an integral part of who he is. He is building his legacy, and intends to pass it on to his “kids.”