In this episode, Troy interviews Robert Gauvreau, the Founder, and CEO of Gauvreau Accounting Tax Law Advisory based in Peterborough, Canada. Robert has set up his own professional accounting firm to provide proactive accounting, advisory, and taxation services to businesses, practicing professionals, and individuals to create a public accounting firm focusing on 3 fundamental principles.
From working at a global firm as someone who's gone through a public accounting background, now running a professional accounting firm that provides the highest quality proactive accounting, taxation planning, and client services. Gauvreau was established in 2008 and has been in operation for over 15 years. Became an award-winning licensed public accounting firm with over 10 million dollars in annual revenue and has 84 people that are all across Canada.
Robert mentioned that resilience needs to be something that every business owner can deal with and cope with because it's not easy to handle and it can also affect the workflow of business. So he added, “The reason that so many businesses fail, number one is they run out of cash, 82% of businesses that fail. They run out of cash flow, not because they're not the smartest people, but they don't have the best business plan.”
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“Change is hard for people, then merging two cultures together is tenfold harder.” —Robert Gauvreau
“You can actually go to your competitors, and tell them exactly what you're going to do. Share with them your best tactics, and none of them will do it.” —Robert Gauvreau
“If you want to grow as a business owner, you've got to be committed to getting yourself uncomfortable.” —Robert Gauvreau
“If you're looking at a partnership and money gets involved, make sure you outline how the partnership works.” —Robert Gauvreau
“When challenging times happen, find a way that works for you to get yourself back to positive momentum.” —Robert Gauvreau
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