FranklyCA

From Toronto, Markham and Richmond Hill, FranklyCA serves small businesses and their owners with bookkeeping, accounting and tax advice. It is a Canadian chartered accountancy practice, and it says it works smart with its clients, making their business life simpler through technology and careful review.

Bookkeeping checked by a chartered accountant

Bookkeeping is kept accurate through chartered accountant quality control, and the work is designed to stay on time. The firm says it uses technology to simplify processes and keep clients organised, and it suggests apps that help clients stay productive.

Tax minimisation and financial statements

Clients who worry about paying too much tax are offered a review aimed at reducing that tax so they can grow their wealth. Financial statements and corporate tax returns are prepared on time, and the firm says its billing is transparent. It also supports clients facing audits for HST, GST, payroll or WSIB, and helps with business loan applications.

Starting up and the incorporation question

New businesses can get advice on the pros and cons of incorporating. The firm helps founders weigh their options early, before the choices become harder to reverse, and covers the decisions owners face when they begin trading. It also explains the trade-offs of operating through a corporation rather than as an individual.

Tracking time and building a network of advisers

The firm encourages clients to track the time and data spent on business activities, focusing on chargeable hours, and to build relationships with their accountant, lawyers and other advisers. It also advises balancing hard work with a life outside the business. Filing timing differs by tax type, from instalments to annual returns, so clients are encouraged to ask about their own deadlines.