Small Business Consulting

Essential Questions for New Business Owners

Starting a small business involves critical decisions. Here are some key questions to consider:

• Should I incorporate or register my company?
• What are the advantages and disadvantages of incorporation?
• Should I register for an HST number? If not, when should I?
• Should I register for payroll or WSIB? If not, when should I?
• What records should I keep, and for how long?
• What year-end should I choose for my business?
• How do my financial results compare to the market?
• How can I improve revenue for my business?
• Should I buy or lease a company vehicle?
• When is the right time to expand my venture?
• When should I open a business bank account?
• How can I secure business bank loans?

Capex CPA is here to guide you every step of the way. As your business finance partner, we help you make informed decisions based on your unique questions and circumstances.

Minutebook Management

Your minutebook serves as a crucial log for your business. Ensure your bylaws are current and that directors, shareholders, and major transactions are accurately recorded. This includes year-end accounting, tax filings, major purchases, and share certificate maintenance. Keeping your minutebook updated is essential for CRA audits and bank financing.

Growth Strategy

Capex CPA assists you in evaluating growth opportunities through appropriate capital formation strategies. We analyze your capital needs and identify feasible sources, including angel investors, venture capital, small business loans, grants, and internal cash flow. Our tailored cash flow statements help you break down operating, financing, and investing activities effectively.

Financing & Grants

The Canadian government offers numerous grants and financing options to support small businesses. These grants can provide essential funding for your operations. Many businesses overlook these opportunities due to the necessary financial projections and analyses, but the potential benefits are significant!

Dashboard Financial Modeling

Capex CPA creates customized financial models that enhance your year-end financial data. Want to see key productivity indicators and identify areas for improvement? Our proactive dashboard solutions empower you to manage productivity and cash flow effectively.

Corporate Consulting (VBA – Visual Basic Applications)

Cost reduction is vital for maintaining profitability. Capex offers a wide range of consulting services aimed at maximizing your net worth. We pinpoint your unique accounting challenges and implement automated tools, such as VBA in Excel and Access, to enhance your operations.

Corporate Seminars and Training

We are committed to educating our clients on modern strategies and software. Our seminars include Microsoft Excel training, equipping you with valuable skills to improve your operations and achieve a higher return on investment.

Risk Analysis and Management

Every business needs a contingency plan. We help you identify, analyze, and mitigate risks to stay competitive. Our detailed audits create risk models and conduct “what-if” analyses to equip you with practical techniques and mitigation strategies.

Software Implementation & Training

Education is a key component of our services. We provide extensive training on tools like Freshbooks, QuickBooks, Xero, and Excel, which is invaluable for implementing DIY bookkeeping within your organization.

QuickBooks - ProAdvisor Consulting

As certified QuickBooks consultants, we facilitate data transitions between files, eliminating unnecessary data entry. We use importing/exporting tools to expedite the process, ensuring your financial history is maintained according to CRA requirements.

QuickBooks - Condense Maintenance

Reducing old financial data can decrease file sizes by over 80%. If your QuickBooks file exceeds 100MB, it may slow down operations. We offer a quick weekend turnaround for file maintenance, ensuring zero operational downtime.