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STARTING A SMALL BUSINESS

New to business? Becoming self-employed? Starting a contract? If so you need to know how to register your business, how to comply with income tax, sales taxes, and payroll and other taxes, and how to keep a set of books.

Buying / selling / expanding? We have helped business owners throughout the entire business life cycle.

Our small business tax team can guide you through the process of business startup, and coach you to start and grow a successful business. With over 30 years of experience helping small business owners, you can rely on practical, sound advice and reliable service. We assist businesses wherever the needs are, filling gaps in small business management and control, including everything from managing your payroll to quarter-backing a multi-million dollar merger.


Our services include:

  • New business set up and registration
  • what form of organization is best for you - proprietorship, partnership, corporation or hybrid;
  • Payroll
  • Monthly bookkeeping
  • Quickbooks online setup and support
  • Filing your GST, PST, Workers Compensation, payroll and income taxes
  • Financial statement preparation
  • Income tax planning
  • Canada Revenue audit support
  • Expanding into the United States or Canada
  • Succession planning

We operate as a ‘virtual office’ and can service clients anywhere, using the latest on-line technology. We have physical locations in Victoria and Surrey, British Columbia.


Tax Planning

Tax planning involves arranging one’s business and personal affairs in such a way as to minimize the overall amount of tax paid, and maximize the amount of after tax cash available. At van Wensem and Vukets, we focus on creating a structure for the business owner that will do just that. We like to keep things simple and flexible, but business and tax is a complex subject, so we work with the owner manager, key management personnel, and family members and use our expertise and experience to determine a strategy that’s best for their individual situation.


Business Expansion

As you grow your business here are some other important steps that we can help you with:

  • Holding companies
  • shareholder agreements
  • family trusts
  • foreign expansion
  • lease vs. buy decisions
  • interpreting your financial statements
  • creating a “dashboard” for monitoring your business
  • retirement and estate planning
  • negotiating sale or purchase terms
  • general business coaching

Testimonials

Heres’s what some of our clients have to say about starting their small business:

"Since I purchased an existing business three years ago, I have relied on George not only for tax and accounting advice, but also for assistance with personnel matters, understanding my cash flow, and for coaching me through several important business decisions.
As a first time business owner, I found George’s experience and knowledge to be an invaluable resource."
Razali Wahab
President
Gallery 8 Enterprises Ltd.
Salt Spring Island, B.C.

If you are self-employed or starting a new business, our small business tax team can help you make the right decisions.

Let us help you by using our experience and knowledge to strategically position your business for success!

Disclaimer:

The information contained on these pages is for general use only. As it is not possible to include all situations and circumstances in a short information piece, all situations should be reviewed with a qualified professional. While all reasonable efforts have been made to ensure the information provided is accurate, no individual or organization involved in preparation or distribution of this material accepts any responsibility or liability for its content. If you have any questions, please give us a call.

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