Startups

Our Expertise

Starting a business is a challenge. Decisions that you make in the early stages of a lifecycle can be make or break for your business. Unfortunately, accountants are often the last professionals that are sought to help businesses in the startup space and there is a common misconception that accountants are “not needed” until a company is profitable. This could not be further from the truth.

The accounting, tax and advisory teams at Loen & Company work extensively with startups. From companies in the pre-revenue stages, all the way to an acquisition, we help our clients with:

• Implementation of accounting systems;
• Internal processes framework;
• Monthly, quarterly and annual capital management and financial reporting;
• Sales’ tax and payroll administration and compliance;
• Granting writing, SR&ED claims, and corporate tax filings;
• Liaising with management, banks, lawyers, shareholders and potential investors;
• Advanced tax planning and corporate tax structures, including TFSA, RRSP and EBC registration