At Leonard Tam, we specialize in helping small business owners with their financial needs. What exactly does that mean for you? Here are the answers to some of the most common questions potential clients ask us.
Are there any business size requirements?
We are happy to work with businesses of all sizes. However, we specialize in working with owner-operated businesses, and in our experience, they tend to be on the smaller side. Rest assured, though, that there is no company too big or too small for our team to handle.
What industries do you work with?
Our team is proud to work with companies in a wide range of industries. Although each industry has its own specific practices and regulations, the financial aspects are relatively similar. No matter what industry your business is in, you will have to maintain accurate financial records, pay employees, manage accounts payable and receivable, produce financial statements, and file taxes. We are highly experienced in performing all of these tasks and many more, so you can count on us to handle your company's finances.
How do you charge for your services?
Running a small business requires precise financial management. You won't have the large budget of a larger corporation, so every penny counts. Hiring financial services on an hourly basis can set your business up for trouble in the future, especially if complications arise that require additional hours. To help protect you and your business, we charge fixed fees for our various services. This way, you'll always know exactly what to expect in terms of cost, making it easier for your company to stick to its budget.
How will we communicate?
We live in a time when many interactions, including business meetings, are shifting into the online space. While there are many benefits to using the internet to communicate, there is still something to be said for traditional face-to-face interactions. When you work with us, we'll always make the time to sit down with you in person to discuss your company's needs and goals. Of course, we are happy to interact with you online or over the phone if that is what you prefer. However, you can have confidence that we will be here for you whenever you would like to meet in real life.
What if I missed the tax-filing deadline?
As a small business owner, you've got a lot of things on your plate, and it can be easy for things to slip through the cracks from time to time. This is especially true of undesirable tasks, like filing taxes. Our team will act as a liaison between you and the CRA to get your taxes filed as quickly as possible. We'll do everything in our power to negotiate with the CRA to minimize any fees or penalties you might have to pay for being late.
Can you help with startup companies?
Absolutely! In fact, the perfect time to get started with our financial and business services is when you are first getting your company off the ground. This way, we'll be there right from the start to offer advice and point you in the right direction. Our goal is to help you make your business as successful as possible, and it all starts with smart financial management.
How do I get started?
The first step towards working with the Leonard Tam team is to set up a free consultation to discuss your company's needs and goals for the future. We welcome you to get in touch with our team whenever it is convenient for you. Call now to reserve your free, no-obligation consultation.