Planning

Most small businesses spend a lot of time and effort satisfying the compliance and assurance requirements placed on them by outsiders. Sadly, they often forget that the data generated by their accounting systems can also help them to optimize their business success and minimize their tax costs.

As a normal part of our review engagement, we meet with our clients at least annually to discuss and compare the standard business ratios that we have generated as part of our analytical review procedures. We compare these ratios with prior years, and where possible, with industry averages. Using this data, we bring both positive and negative tends to the attention of our clients -- helping them to head off problems before they occur.

In the course of preparing their income tax returns, we help our clients evaluate various options to help minimize their income tax burden in the future. Where complicated corporate reorganizations are warranted, we have an excellent working relationship with one of the top tax law firms in Canada.

Our clients count on us to advise them on the feasibility of purchasing a new business, or a new piece of machinery. We have the expertise and software to map out the necessary "what if?" calculations and supply client with a whole range of options and break-even scenarios. And when they do decide to purchase or start that new business, we can help them prepare the necessary business plan and cash flow forecasts that they will need to help them finance the project.

Where necessary, we will also recommend improvements to our clients' accounting and other information systems. Since we don't sell hardware or software, but act only as consultants, our clients can rest assured that any recommendations we make will be based only their best interests. Our many years of experience in the field assure that the solutions we recommend will be leading edge, as opposed to "bleeding" edge.