Services
Business Advisory
Why This Exists
We Already Have
Your Numbers
Once we're preparing your books and your T2, we're looking at twelve months of your business in detail: what it earned, what it cost, and where the money actually went. Most of that never gets discussed. It should.
This is a review of what your own records already show, with the tax consequences attached. It isn't a forecast, and it isn't investment advice.
A structured read of a full year of your records, delivered as a written summary and a working session. We start from the books and the return we already prepare, so there is no discovery phase and nothing to reconstruct.
Scope depends on the size of the business and the state of the records, so the fee is quoted before any work begins, the same way our corporate returns are.
- Twelve-month review of revenue, costs, and margins
- Comparison against your two prior years
- Written summary of what changed and why
- A working session to go through it properly
- Specific items to act on before year-end
Costs rarely jump. They creep, one renewal at a time, until a category has doubled and nobody ever decided it should. We break your expenses down and show you which ones moved, by how much, and against what revenue.
- Expense breakdown by category, year over year
- Gross and net margin across periods
- Subscription, service, and vendor cost drift
- Revenue concentration: how much rides on one client
- Deductible costs currently being missed
Salary or dividends is not a preference question. It changes your corporate tax, your personal tax, your RRSP room, and your CPP contributions, and the right mix moves as your income does. We run it on your actual figures, not a rule of thumb.
- Salary versus dividend mix modelled on your real income
- Effect on RRSP contribution room and CPP
- Corporate and personal tax consequences side by side
- Timing of draws across the calendar year
- Where the current mix is costing you money
Before you hire, buy equipment, or take on space, the question is whether the business can carry it and what it does to your tax position. We work that through against your own numbers.
- What a new hire actually costs, fully loaded
- Equipment purchases and their CCA treatment
- HST registration thresholds as revenue grows
- Cash flow through the commitment, not just at the start
- When incorporating starts to make sense
For clients who would rather not wait for year-end. Quarterly check-ins against the same figures, so decisions get made while there is still time to change the outcome.
- Quarterly review of results against the prior year
- Instalment planning before the CRA sets them for you
- Decisions reviewed as they come up, not in hindsight
- Priority access during filing season
- Continuity with the person who prepares your return