Starting or growing a business is a formidable task for an entrepreneur. There are many benefits to using the services of a knowledgeable and experienced Chartered Professional Accountant. Today’s CPA does far more than taxes. A CPA is a management consultant, a management information specialist, a business consultant and more. By using a CPA, business owners get definite tangible benefits, e.g., savings in taxes, reduced operating costs, solutions to personnel problems and even help with marketing. And, they also get the intangible benefit of having a knowledgeable CPA involved with their business and investments over a long period of time.
Perhaps one of the most beneficial services that a CPA can provide for someone concerned about their finances and taxes and about the management and accounting for their business is simply talking things over. It is satisfying to know that someone else, who is discreet and knowledgeable, knows what is going on in your business life. We have developed long-standing relationships with our clients that have found that it is very useful to discuss the organization of their operations and their financial and management concerns with us. Finally, Chartered Professional Accountants are licensed and regulated by the Ordre des CPA du Québec.
New small businesses open their doors every business day in Canada. Their ability to survive depends, in large part, on their ability to plan for the future, while meeting the present challenges of today’s ever-changing business environment. CPAs are the premier providers of business advice and technical assistance to small businesses.
CPAs’ technical knowledge, training, and business experience enable them to help small business owners find solutions to their day-to-day problems. For example, CPAs provide accounting and financial services on an ongoing basis, review and make recommendations to improve internal accounting and administrative controls, help businesses secure loans, and prepare cash flow projections that show how the loans will be repaid. CPAs also provide advice to business owners on problems unique to the industries in which their businesses operate and help them make informed decisions.
By providing accounting services, tax services and management consulting services, CPAs help small businesses prosper and face their competition with confidence.