Business Advice

Get access to a dedicated CFO at a reasonable cost with our Strategic Business Advice Program, providing you with expert business advisor support to help you navigate as your business grows.

1.

Financial Forecasts & Projections

Financial forecasting and budgeting helps you in planning and optimization of resources leading to a healthy and profitable business. Accurate costing helps you to manage the product and service mix and adjust sale prices and service offerings. We also help you develop business plan and projected cash flows for approval of bank loans.

2.

Business Succession Planning

Well thought out succession plan is critical for the continued success of a business when the key man wishes to retire from active business. We work with you on the complex issues of tax succession and estate planning and various exit strategies.

3.

Business Valuations

A professional and objective business valuation is a critical component of many transactions, such as purchase or reorganization. We will provide you with an accurate evaluation of your assets based on industry standards that can be trusted by all stakeholders involved in a transaction.

See What We Can Help You With

Therese Squires
Therese Squires
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Subhash responds to questions and concerns with clear and concise information. I would highly recommend his services.
Babak Morshedizadeh
Babak Morshedizadeh
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Subhash has made our lives easy. He looks out for us, is extremely responsive, and provides true value.
Cristina Butnaru
Cristina Butnaru
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Subhash has always provided outstanding service, above and beyond his duties. He is fast, efficient, and a great problem solver.
Myra Henson
Myra Henson
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True to his words and very professional. He is very honest and very supportive. As a new immigrant, he helped us fix our status.
Paul Coude
Paul Coude
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Subhash is VERY knowledgeable about entrepreneurship and advises about optimizations. I would recommend him to anyone who starts a business
Leah Garniss
Leah Garniss
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Subhash was trustworthy and very easy to communicate with every time I hired him.
Shenelle Lumzel-Brown
Shenelle Lumzel-Brown
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He carries himself in a professional manner, and always makes himself available for any inquiries that need answering.
Darryl Peddle
Darryl Peddle
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Working with Subhash has been refreshing and provided me with peace of mind when it comes to my finances.
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Some of our Favourite Tools

Some of Our Favourite Tools

Frequently Asked Questions

Business Advice

Virtual CFO (Chief Financial Officer) is an outsourced service provider offering high-level financial expertise remotely, on a part-time basis, typically at a fraction of the cost of a full-time CFO. This makes it an affordable and viable option for small and medium size businesses to get CFO support which wouldn’t have been accessible previously. Virtual CFO services include monitoring the financial health and well-being of a business, financial insight and guidance on all company decisions and issues as well as managing accounts ledgers and other back-office functions, depending on the client’s needs.
A virtual CFO can help you navigate through different growth phases from a financial perspective; therefore, having a CFO to oversee and manage finances can be an asset for small and medium size businesses that are looking to grow and improve their financial situation.
You should start considering a virtual CFO for your small business in situations when you need a better financial understanding to make decisions, such as when your business is experiencing rapid growth, when your business is becoming more complex (like in situations of mergers and acquisitions), when you want to explore new opportunities or when the financial situation starts to become unfavourable, and you want to reverse a negative trend.
Business advisory is a service provided by accounting (CPA) firms on a long-term basis aimed at developing insights, conclusions and recommendations for client consideration and decision-making. This typically includes analysis of an accounting system as well as assistance with strategic planning. CPA experts analyze problems and potential risks to provide advice to help the client’s business become more cost-effective and efficient.

We offer business advisory as part of our services package. Contact us to learn more about how our experience and expertise can help you make better business decisions.
Succession planning is a significant part of operating a small business, especially for business owners who are nearing retirement. Business succession planning includes some key decisions about choosing a successor, debt management and tax liabilities. It is important to make business succession decisions and arrangements early to facilitate a smooth transition and avoid or minimize any negative effects on the company from the business owner’s departure.

The complexity of succession planning often requires business owners to seek help from an experienced and knowledgeable accounting firm or attorney to properly document and finalize any business succession plans.

Contact us if you want to learn more about succession planning and what might be the best solution for your specific situation.
Key elements of a financial projection include a forecasting of the income statement, a cash flow projection, and a balance sheet consisting of assets, liabilities, and equity on a future date. Projections are broken down by the month for the first year (short-term projections), as well as projections for the coming three years broken down by the year (mid-term projections). It is crucial to be as realistic as possible. You want to avoid overestimating or underestimating the revenue your business will generate.

Developing financial projections for a business can be complicated, which is why it’s best to get help from a virtual CFO. At Bronte Bay we provide financial projections as part of our business advisory services. Contact us for more information.

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