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Edmonton Accountant | Canada Small Business Financing Loans (CSBFP)

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Spurrell & Associates CPA | Business Consultant | CFO Services

To learn more about Edmonton CPAs and Spurrell & Associates visit us online today at: www.spurrell.ca 7806654949

In this video we talk about what can be financed through the Canada Small Business Financing Program. We also address some of the pros and cons of these loans.

Spurrell & Associates Chartered Professional Accountants is a full service accounting firm based out of Edmonton, Alberta. Our focus is assisting Canadian entrepreneurs. The failure rate for small businesses in Canada are approximately:

By year 1 15% of businesses fail
By year 2 30% of businesses fail
By year 5 50% of businesses fail

The business owners that do stay in business often don't get paid fairly for their efforts and end up paying too much tax. We believe the reason for this is because businesses:

1. Don't have a plan
​2. Don't know their numbers
3. Don't have anywhere to turn for comprehensive guidance

These odds and these circumstances are unnecessary. We believe the accountants job does not end with preparing annual financial statements and the required tax returns. The true measure of success for an accountant is to help the business owner succeed in business and minimize tax. Thus our mission, is to help business owners beat the odds through planning, reporting, and analysis.

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posted by akkorderedr