Strategic Consulting

5 Insider’s Tips on Obtaining Financing from the Bank

Laura Couvrette • April 16, 2018 Laura CouvretteAs an audit firm, we are always advising our clients on when they should seek financing and how best to approach lenders. The reasons a business should seek financing will vary, and include supporting growth or expansion, ensuring sufficient working capital, mitigating cash flow fluctuations, dealing with emergency expenses, purchasing or replacing ... Read More

Advice from a Toronto Audit Firm: How Giving Back Can Help Your Business

Laura Couvrette • March 02, 2018 Laura CouvretteThere are many reasons for a business to engage in philanthropy: showing gratitude to the community that has contributed to your success, addressing an issue or injustice that is close to your heart, or simply to share your financial resources or time with those less fortunate, among others. However, there is a myth that philanthropy ... Read More

4 Estate Planning Considerations for Every Business Owner

Bruce Roher • February 05, 2018 Bruce RoherEstate planning is an important issue for anyone with assets and heirs – regardless of age and health. However, when it comes to business owners, estate planning becomes particularly critical. Special consideration must be given to ensure the smooth transition of your business when you no longer wish to run it, or when you are ... Read More

5 Financial Accounting Controls That Every Small Business Needs

Ellis Orlan • December 04, 2017 Ellis OrlanSmall to Mid-sized Businesses (SMBs) are frequent sources of wealth, pride, and personal fulfilment. However, they are often viewed as ‘easy targets’ for fraud, theft, and embezzlement. For this reason, owners of SMBs should be particularly vigilant about their high-risk positions, their checks and balances, and their small business accounting ... Read More

Small Business Accounting Advice for the Recent Minimum Wage Hike

Laura Couvrette • November 15, 2017 Laura CouvretteOn October 1, 2017, the general minimum wage in Ontario was raised to $11.60. There has been a lot of speculation about the effects that this most recent hike will have on both mid-market and small businesses. The concern isn’t unfounded. For most companies, small businesses in particular, compensation is their most significant expense. As ... Read More