Business Advisory Services For Small Businesses In Hamilton

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We at NBG believe that good advice is beyond all price. We understand that there is no such thing as one size fits all. Thus we follow the approach of working closely with you to gain a more holistic perspective of your business needs to ensure that we are delivering solutions that add value and align with your business goals. Whether you are acquiring, restructuring or require advice on succession planning, let us help you to minimize the risk and maximize the value to your business. Take a look at our services and contact us to see how we can help.

What Business Advisory Services We Offer

Start-Up Business Planning Hamilton Ontario

Business Start-Up Planning

  • Advice on advantages/disadvantages of incorporating that are specific to your business
  • Advice on registering your business for different CRA accounts such as payroll, HST etc.
  • Advice on the most tax efficient structure for your business
  • Creating customized financial plans, forecasts, and reporting formats
  • Assistance with obtaining financing

Starting a business involves several important steps, from developing a business plan and choosing the right structure to incorporating or registering the business, arranging financing, and understanding your tax obligations. Our business advisory services can help you navigate these decisions and establish a strong financial foundation for your business. For an overview of the key steps involved in starting a business, the Government of Canada’s guide to starting a business is a helpful resource.

 

incorporation services

Incorporation Services

  • Guidance on incorporating your business federally or provincially, including choosing the appropriate corporate structure and jurisdiction.
  • Assistance with incorporating professional corporations and understanding the specific requirements applicable to regulated professionals.
  • Handling the necessary incorporation paperwork and registrations while providing guidance on ongoing corporate compliance and tax considerations.
purchase

Purchase and Sale of a Business

  • Executing due diligence when considering an acquisition
  • Optimal structuring of the purchase or sale to ensure minimization of taxes
  • Assessment of purchase or sale price to reflect accurate market value
software-implementation

Software Implementation & Training

  • Assist in implementation and training of various accounting software such as Quickbooks, Xero, Wave etc.
planning

Estate & Succession Planning

Financial Statement Preparation Service Hamilton Ontario

Forecasting & Budgeting

  • Analyze past and current financial data to accurately project future trends.
  • Advise on actions to take in response to forecasted results
  • Advise on modification of corporate structure to ensure tax efficiency
  • Assist in maintaining optimal cash flow levels by tracking sources and uses, forecasting and budgeting accordingly.
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How Business Advisory Services Can Add Value

Business Advisory Services

Every business reaches a point where the next decision matters. Whether you are starting a business, expanding, buying another company, or preparing to step away from your business, having a clear understanding of the financial implications can help you move forward with confidence.

At NBG CPA, we work with business owners to provide practical financial and business advice based on their specific goals. Our business advisory services can support you at every stage of your business journey.

Some of the areas where business advisory can add value include:

  • Improving profitability: Review revenue, expenses, margins, and operating costs to identify opportunities to improve profitability and strengthen your bottom line.
  • Managing cash flow: Use cash flow projections and financial information to anticipate upcoming cash requirements and identify potential shortfalls before they become a problem.
  • Making informed financial decisions: Use reliable financial information and forecasts to evaluate major purchases, investments, hiring decisions, expansion plans, and other significant business decisions.
  • Planning for business growth: Establish realistic financial and operational targets and develop a practical plan to support sustainable growth while maintaining control over your finances.
  • Preparing for financing and investment: Develop financial projections, budgets, and other financial information that may be required when approaching lenders, investors, or other sources of financing.
  • Planning for the long term: Consider your business structure, tax position, succession plans, and overall financial strategy to ensure your decisions remain aligned with your long-term goals.

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NEED A PERSONALIZED SOLUTION?

Learn how we can help support, transform, and grow your business

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