FOCUSED ON TAX &

TAX INCENTIVES

It’s no secret that the tax environment is changing for small businessThe Canada Revenue Agency (“CRA”) is becoming increasingly process-driven. We are advocates for our clients and try to ensure that your systems and documentation is ready to withstand an audit.

TAX FOR INNOVATIVE COMPANIES

LIFESTYLE BUSINESS

You work to live, you need sound, effecient tax advice and a tax structure that is simple to maintain and cost-effective. You don’t want business to run your life.

GROWTH BUSINESS

Venture-backed or looking to scale quickly. You need to take advantage of SR&ED and other tax incentives to squeeze as much as possible from investment in your business.

PUBLIC PRACTICE

Your firm would like to leverage our experience to assist your technology clients navigate the complexities of SR&ED and other tax incentive programs.

WE CAN HELP YOU WITH

Which Accounting Software Should My Company Use?

New business owners invariably ask the question. The problem is – it’s the wrong question.

If you want someone to write the copy for a press release, you wouldn’t care if it was written as a GOOGLE DOC or a MICROSOFT WORD DOC. You just want to make sure that is well-written.

Why You’d Like Your CPA to Help with Your Projections – and Why Your CPA Doesn’t Want to

I recently had to update my professional liability insurance. One of the questions the insurer always asks is:

Do I do any FOFI work?
So what is FOFI and why do insurers ask about it?

FOFI is “Future Oriented Financial Information”, aka cash flow projections. Insurers charge more for the extra risk that FOFI work entails. Let’s face it, projections are always wrong.

Businesses that want their CPA involved in their projections, want the credibility that a CPA would theoretically add. The CPA is understandably nervous, since he or she will ultimately be associated with a set of statements that will certainly be wrong. In the case of a startup, projections could easily be wildly wrong.

Canada’s SRED Program

Sucess (Startup Genome – 2017)

– Vancouver (No.15)
The Vancouver startup ecosystem is currently comprised of 800-1,100 startups and shining success stories. In the early days Slack’s founder estimated the market for the software to be $100 million, which they exceed in just three years – and have now become the fastest growing business software of all time.

More Than One Kind of Business?
Incubators, angel investors and many service providers seek companies poised for exponential growth. They’re looking for talented people with killer technology in markets that have limitless potential. Of course companies can actually tick all those boxes.
What is our business model?
The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. – Eric Ries from the Lean Startup
Seed Stage
Early stage companies that are trying to understand the ecosystem and need good business advice (Organic Growth & Lifestyle Business – Some of our most innovate clients aren’t looking to grow or are looking to grow organically)
Growth Business
Venture-backed or looking to scale quickly?
SR&ED Consulting For CPA Firms
SR&ED can be subjective for practitioners – we’re skilled in tax, costing as well as technical issues

TESTIMONIALS

“Thanks so much for your advice and work stewarding me through the EBC application process. Definitely could not have done that without you.”

Shamus Reid

New Mode Consulting

“Rob is an accountant who totally gets what startup tech firms need!”

Jeh Daruvalah

YacTraq Online Inc

“Much of our conversation would make a great set of white papers for the startups. It’s in a different league from what I’ve heard before and would certainly have shortened the SR&ED application cycle for the ones I’ve worked on.”

E. Forrest Christian

The Manasclerk Company

Let’s Start WORK
TOGETHER!

LOWER MAINLAND

1-604-474-2043
207-2288 Welcher Avenue
Port Coquitlam BC V3C 1X4
request a call

HEAD OFFICE

1-250-629-3108
2701 Galley Crescent
Pender Island BC V0N 2M2
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