Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to effect a sale of a business.
Budgeting and Planning
Budgeting is the process of creating a plan to ensure your business is successful. Creating this allows you to determine in advance the allocation of funds.
We will help you find the right financing solutions for different industries and well as financing programs for different credit levels.
Bookkeeping and Monthly Record Keeping
Bookkeeping involves the process of recording, analyzing and interpreting the financial transactions of a business or individual. The discipline of bookkeeping accounts for a large proportion of the accounting process. It is a legislative requirement to have up to date financial records to ensure a business pays all necessary taxes and levies. A bookkeeper’s duty is to set up financial statements so that an accountant can easily perform legal and tax management in a timely manner.
The sum total of all compensation that a business must pay to its employees for a set period of time or on a given date.
If your business has taxable sales greater than $30,000, you are required to register for HST. We will provide you with reports that help you track HST in order for you to comply with CRA requirements.