Don’t let admin slow you down.
You build a company around people, but systems have a vital role to play too. The right system allows you to concentrate on day to day operations and seamlessly helps in keeping track of the key indicators.
Accurate and on-time financial reporting gives you a framework for more efficient day-to-day business operations. At Prime Factor, we use current data to see as far down the road as possible so you can proactively respond to opportunities or threats.
We offer a suite of basic to advanced accounting and bookkeeping services for corporations in North York at cost-effective pricing to keep your company on track. Our services include:
Cash Flow & Budgeting
Even profitable businesses may face occasional cash-flow problems, and to overcome them, rigorous budgeting is essential. We take a realistic look at your current situation plus your future plans and assess the best allocation of assets to build equity and pay down debt.
Sales, forecasts, cash-flow forecasts, capital allocation forecasts are useful modeling tools that can help you allocate resources and map the way ahead. By running “what if” scenarios, you can simulate different outcomes and prepare your business for the future.
Accurate financial statements give you the insight to make smart decisions. Whether you need them for annual shareholder reports, loan applications, or divesting the business, we’ll ensure they’re in accordance with current professional standards.
Corporate & Personal Tax Planning
Tax legislation is complicated. Our in-depth understanding allows us to navigate the tax laws to your advantage while ensuring complete compliance with CRA regulations. We’ll minimize your tax liability through custom tax strategies giving you more funds to invest in your business, or use for discretionary spending.
CRA Support & Representation
We can help with CRA & WSIB audits, assessments, phone calls, meetings and required documentation.
Professional representation can prove invaluable when dealing with government agencies, who do what they do day in and day out. Let our experience simplify any complications and keep stress to a minimum.