Build a Strong Foundation for Your Success

Start your journey with confidence by establishing your business the right way from day one. At GROW Profit Inc., we understand that making the best decisions when starting a business can be challenging, especially with countless regulations, structures, and financial obligations to consider. That’s why we’re here to be your partners every step of the way, from setting up your business to taking care of your ongoing obligations.

We’re here to help you:

• Choose the best business structure tailored to your goals, be it sole proprietorship, partnership, or incorporation.
• Understand the tax regulations and financial responsibilities required by the government to stay compliant.
• Access funding opportunities like loans, grants, and investments that are only available when your business is properly set up and compliant.

Why Formalizing Your Business Matters

• By formalizing your activity, you’re not only adhering to tax regulations but also unlocking opportunities that lead to sustainable growth. Investors, sponsors, and financial institutions trust businesses that follow the rules and maintain transparent financial practices. A properly structured business paves the way for support, access to government programs, and grants that help you thrive.

With GROW Profit Inc. by your side, you can have the confidence to focus on growing, knowing your financial foundations are solid.

Our Services Include:

• Business Registration & Compliance: We assist you in the step-by-step registration process with the Ontario government, helping you decide on the business structure that best fits your needs.
• Tailored Business Analysis: We evaluate your goals and provide recommendations to make informed decisions that will help you grow faster and more securely.
• Monthly Bookkeeping & Expense Tracking Stay: on top of your finances with monthly bookkeeping and expense tracking services to keep your financial records accurate and up to date. Ensuring everything is up to date, giving you peace of mind.
• Tax & Regulation Advisory: We help you understand all tax obligations and maintain a perfect compliance record. We handle all your tax filing needs—whether it’s for personal T1 tax filings or corporate T2 filings. Our advisors help you stay compliant and file on time, avoiding penalties.
• GST/HST Filing: Ensure your GST/HST obligations are met without hassle. Our experts keep your filings in order so that you don’t have to worry about missing deadlines.
• Year-End Tax Planning & Custom Tax Strategy Sessions: Our year-end tax planning prepares you for a smooth tax season, and for those looking for in-depth strategies, our Custom Tax Strategy Sessions provide personalized guidance to minimize your taxes and maximize your savings.
• Financial Statements and Reporting: Receive annual financial statements, quarterly reports, and even monthly financial reporting—tailored to your needs. These reports are designed to help you keep a pulse on your finances, plan for growth, and take action when needed.

We offer five packages to fit your specific needs:

• Seed Package: Ideal for sole proprietors starting out, covering bookkeeping, expense tracking, and T1 tax filing.
• Root Package: Perfect for partnerships, this package adds profit-sharing management and GST/HST filing.
• Branch Package: Tailored for small corporations and startups, with enhanced transaction management and payroll services.
• Leaf Package: Ideal for mid-sized corporations, with advanced financial reporting and handling of up to 200 transactions monthly.
• Maple Package: Designed for established corporations, offering unlimited transactions, payroll for up to 20 employees, and comprehensive tax strategy support.

Why Have a Tax Advisor?

Navigating taxes alone can be risky. There are many opportunities to optimize your tax situation, but these can be missed without the right knowledge and planning. With our expert advisors, you can:

• Avoid unexpected tax surprises.
• Maximize tax credits and benefits, such as child credits, charitable deductions, and employment expenses.
• Stay compliant with CRA regulations, ensuring you are always up to date with your obligations.

With GROW Profit Inc., you’re not just getting tax filing services—you’re getting personalized, strategic advice to manage and grow your financial future.Take the First Step Today

Don’t navigate it alone. Whether you’re a new entrepreneur or have an existing side business, make the leap towards sustainable success with a team that understands the Canadian business landscape.

Be the business that sponsors, investors, and clients trust. Let us help you structure, grow, and succeed.