General Services

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Getting started

 

Starting a small business can be an intimidating exercise.  Having an experienced professional walk you through the process can be a great asset and, in some cases, can mean the difference between success and failure.

 

I specialize in helping small businesses understand and comply with their reporting requirements for GST, Retail Sales Tax (PST), WSIB and payroll remittances.  Understanding your options and your obligations up front can prevent serious problems in the future.

 

Financing

 

One of the key mistakes business owners make is being under capitalized or waiting too long to pursue required financing.  By understanding your financing needs and having a good relationship with your banker, you can dramatically increase your chances of success.  This is especially true in the case of new businesses.

 

I have experience with local bankers and can help you use:

 

Cash flow projections to predict your needs

Return on Investment (ROI) calculations on specific projects to predict viability and

Breakeven analysis to assess sales requirements.

 

Controllership function

 

Many small to medium sized businesses that enjoy strong growth and profitability  reach a point at which they need professional assistance.  Their operations have become increasingly complex and the volume of their transactions are no longer manageable for the owner or their spouse.  They typically need the services of a controller but do not require full time assistance and cannot afford the considerable salary that these professionals command.

 

I can provide assistance in the areas of capital budgeting, variance analysis and sensitivity analysis as well as the management of accounting personnel for monthly reporting requirements.  I can help provide perspective and guide you to solutions that meet the human resource, information technology, and estate planning needs of your business.