Business Services

Business Advisory Services

Businesses face numerous important decisions as they evolve over time. Wise decisions require timely, accurate information regarding past performance. Planning opportunities and constraints also need to be analyzed so that the business owner can make the best possible decisions as the business grows and matures. We can offer sound advice at all stages of the business.

For example, start up businesses require advice regarding structure, record keeping and initial financing. More established companies may require advisory services related to compensation strategies, employee participation and financing for growth. Later, business owners may turn their attention to succession planning with existing management or by selling the business.

To assist our clients, we can provide these type of a business advisory services:

Analysis and discussion related to advantages and disadvantages of incorporation.
Recommendations regarding corporate structure, including changes to share ownership, implementation of family trusts or the addition of a holding company
Planning and consulting regarding accounting and tax aspects related to business succession, analyzing after tax proceeds from sale of company shares or assets.
Consulting related to accounting and tax considerations for purchase of business
Consulting and implementation required for incorporating existing business, including required tax elections and review of legal documentation
Assistance with determination of business succession plan and implementation of restructuring as required to fulfill objectives.

We service corporate and business clients across various sectors, including having specific expertise with respect to:

What Our Customers Have to Say

“It is more than 10 years since my company has entrusted its accounting to Ernst and Company CPA. With the utmost care and integrity, they have led the day-to-day accounting as well as annual and tax reporting of my company. During these years, as our business has evolved, Steve, Sharon and Catherine have enabled us to grow internationally while ensuring that we uphold the highest compliance standards in Canada. We recommend the firm and its team unreservedly.”