As a startup founder, it may feel like you have the entire world on your shoulders. You’re consumed by the many challenges that stand in the way of bringing your idea to life. All the while managing the day to day operations of your business. Although there are risks, the benefits of having your own startup outweigh those risks. While setting up a new business, you are so preoccupied with administrative tasks that maintaining proper accounting records and bookkeeping can become overwhelming. However if you fail to keep your financial records straight that may become a hurdle when you look to legally incorporate your business or when CRA decides to audit your business.
While setting-up a new business, cash flow matters greatly as usually there are limited resources and more expenses. It is one of the major reasons why you should get a professional to take care of your accounting needs from the get go.
At SRJ Chartered Professional Accountants we can help with everything from managing day to day operations, to working on your long-term strategy, all this while ensuring that your business is generating profits. In a rapidly changing world, business models keep on evolving, be it due to the changes in market trends or introduction of new technology, or in the new pandemic hit world we are living in. We keep track of all the startup systems and help you prepare your business for success with the latest technological tools, business expertise and a wide range of financial, accounting and taxation services. Our services not only include maintaining your books and financial records but also payroll services, your corporate and personal tax returns, any correspondence and audit assistance you may require with the regulatory authorities and tax planning.
Here is a list of services which SRJ Chartered Professional Accountants can assist with:
Our experts can help you with SR&ED claims, business consulting, forecasting and budgeting. We can help you create a financial model which would make all your business decisions easier.
We help in preparing financial statements, audits and reviews for your business. We have accounting softwares and tested processes that can ensure that every transaction you make is properly categorized and is easily traceable.
Never worry about your Personal and Corporation Taxes, HST, Payroll Taxes, Tax Planning and Advisory again. We will manage it all.
We can provide incorporation services for you, which may help in providing you tax relief as well as helping startups in protecting their assets and lowering their liabilities.
Let our office handle the books. Our team of proficient & professionals’ bookkeepers that can help keep your practice finances in order.
Our team of bookkeepers can help keep your books and records updated at all times while you focus on building up your business.
Are you confused on where to begin when starting up a business? There is no need to worry; we have many resources to help you succeed and help your business thrive. Accounting for start-ups is the same as that for any other business but with a special focus on first-time business owners and to encourage growth of the business. SRJ Chartered Professional Accountants understands the many challenges faced by start-up business owners. We have various accounting services available at your ease, including Advisory, Accounting, Tax, Incorporation, Bookkeeping, Payroll and year-end accounts filing services.
If you plan to reach out to investors, your financial statements should be accurate and up to date. Not only that but you need your books and accounting records to be ready for a CRA Audit as well. Outsourcing the accounting services for your startup means one less thing to worry about when you already have your hands full. Feel free to contact SRJ Chartered Professional Accountants for more information.
At SRJCA we are aware of how overwhelming a startup can be. There is always a never ending to do list and on top of that making sure your finances are able to handle the burden of a startup. Let us take the burden off your shoulders so you can focus on running your business. Set up a consultation to see how SRJCA can help you.
SRJ Chartered Accountants has two conveniently located offices in the Greater Toronto Area. We are open to meeting clients at either locations, downtown Toronto office or head office in Mississauga. We have developed a team of highly skilled staff who are educated from the most prestigious tax and accounting schools in Canada. If you are looking for accountants or tax professionals specializing in servicing dentists in Toronto then come speak to our professionals at the firm and learn how we can help with all your tax and accounting needs. Learn about accountant for lawyers Toronto.