01. Unleashing success for startups and entrepreneurs :
We know that you struggle a lot with Startups and Entrepreneurs to become a successful business. We are here to help you with cost savings, access to expertise, scalability, and reduced risk of errors. By outsourcing their accounting needs, startups can focus on core business activities.
With M7 Group, you’re not just outsourcing your accounting – you’re gaining a strategic ally dedicated to your success. Together, let’s build a strong foundation for your business and propel it towards sustainable growth.
02. Incredible benefit of project :
At M7 Group, we go beyond traditional accounting services to offer strategic financial guidance, ensuring that your team is taking advantage of every single opportunity available to you. We offer actionable, results-oriented insight that will allow you to:
- Establish a foundation for growth by choosing the right corporate structure, and electing the best leadership team.
- Plan for the future by crafting a detailed startup business plan, understanding cash flow and stock options, and raising capital.
- Remain compliant with the accounting, operational, tax, and financial reporting requirements within Canada and abroad.
- Grow beyond your expectations by harnessing the power of our partners’ connections, expertise, and experience.
- Mobile-First Banking offers versatility for their users in handling their finances & is becoming a norm
03. Start-up accounting checklist for new business owners :
There’s more to becoming a new entrepreneur than getting your business cards printed. As a budding business owner in Canada, you’ll need to accomplish a number of accounting-related tasks. Before you start ticking off boxes in the start-up accounting checklist below, however, you should consult with a legal advisor to ensure your business is properly set up and registered. The first step to starting your business is registering your business. Professional advice and a business plan are essential when registering your business.
- 1. Name your business and request for legal approval of the business name
- 2. Register your business and get your CRA business number
- 3. Open a dedicated business bank account to apply for a dedicated business credit card
- 4. Hire an accountant for basic (but invaluable) tax advice
- 5. Set up a versatile, scalable accounting system
- 6. Track your out-of-pocket expenses
- 7. Find a third-party payroll processor
- 8. Get business insurance
- 9. Apply for business licenses and permits
