As a trusted advisor to family-owned enterprises across Canada, I understand the importance of staying informed about the current economic landscape. Navigating today’s financial markets requires a strategic approach, particularly when it comes to preserving and growing your wealth. Our…
Mergers and acquisitions (M&A) are among the most significant strategic decisions a business can undertake. For family-owned enterprises, the stakes are even higher. These businesses are not just economic entities but are also custodians of a family’s legacy, values, and…
Every successful journey starts with a clear vision and a roadmap to get there. At Shajani CPA, we understand the unique dynamics of family-owned enterprises, and we’ve crafted our Peak Performance Plans to help you not only navigate the complexities…
Financial statements are the cornerstone of any business's financial reporting, providing crucial insights into the company’s financial health and performance. For family-owned enterprises, understanding these financial statements is vital to ensuring long-term sustainability and growth. The three primary financial statements—balance…
Accounting is often referred to as the language of business, and understanding its basic principles is crucial for the success of any enterprise, especially family-owned businesses. At the heart of accounting lies the dual concepts of debits and credits, which…
Bookkeeping is the backbone of any successful business, particularly for family-owned enterprises that often juggle both business and personal financial objectives. It's the systematic process of recording, organizing, and managing financial transactions, ensuring that all financial activities are accurately documented…
Joint Ventures (JVs) are powerful vehicles for growth, especially for businesses looking to collaborate on strategic projects while sharing risks and rewards. However, the complexity of Joint Ventures also means that preparing accurate financial statements requires meticulous attention to detail…
Financial reporting is a critical aspect of any business structure, and understanding the nuances between different forms of business entities is essential for accurate financial management. While Joint Ventures (JVs) and Partnerships may appear similar at first glance, they differ…
In today’s rapidly evolving business landscape, family-owned enterprises are constantly seeking innovative ways to grow, diversify, and strengthen their market presence. One strategic option that has gained significant traction is the formation of Joint Ventures. Imagine combining your family business’s…
Retirement in Alberta offers a wealth of opportunities, especially when it comes to maximizing senior benefits. Understanding how to leverage these benefits can significantly enhance your financial security. For families with family-owned enterprises, strategic tax and benefit planning is essential…