A successful company is one that sets profitability objectives and directs its efforts to achieve them.

Vertefeuille Rempel collects the right type of data, analyzes it properly and translates this information into business strategies to set you in the right direction.

Generally, if a business can become reliably profitable by its third fiscal year, it has a strong chance of thriving. Knowing those odds, it’s vital to get the right advice to set up the overall structure for your company. We can help you decide if proprietorship, partnership or incorporation is the right choice for you.

We also advise on share structure for discretionary dividends, fiscal year-end determination, assistance with deductible expenses and accounting software. We help keep services and reporting simple and cost-effective at this stage. 

At this stage, your business is breaking even, perhaps even generating a profit.

Do you need to secure a line of credit for working capital? Our experience working with financial institutions is to your benefit.

Should you take your income out as dividends or salary? We provide advice and work together on your specific situation.

Or maybe your business is booming and you want to acquire your competitor. How you accomplish this as an asset or share purchase are very different financial and tax situations.

On that note, how can you ensure that the company in question is a good choice? We analyze the necessary information such as normalized income projections, key ratios and cash flow analysis. Prior to such an acquisition, we determine whether the long-term results of this business strategy will produce the expected returns.

This stage is characterized by a steady rate of healthy revenue and profits, as well as the existence of a structured management team.

It’s time we think about safeguarding cash, structuring family involvement and your cash flow needs. Let us help you integrate your personal financial goals and cash requirements with some basic and creative tax planning ideas.

For example, is a corporate Individual Pension Plan (IPP) going to give us significant tax deductions and create a retirement fund with tax deferrals a good idea?

We are not financial planners, but with our experience and understanding of your business, we ensure that your home renovations, paying off your mortgage, purchase of a vacation property and sending your children to post-secondary school are goals that are met with sound financial thought behind each.

With maturity also comes stability, which in turn leads to new goals and ventures.

This might be the perfect time to partner with another business, attract new investors, or expand your horizons with a new product/service offering.

Each of these scenarios will present financial challenges of its own. Likely you’ll require audited financial statements as users are going to rely on them for their decision.

We have significant experience with tax planning to allow the use of the Lifetime Capital Gains Exemption, tax strategies to defer gains where proceeds include shares of the purchaser and tax-efficient extraction of excess corporate funds and assets.

Many more financial situations can come to light and Vertefeuille Rempel is here to advise you along the way.