Do you need an accountant or a financial business advisor?
If you are a small business, you are probably better off with a financial business advisor than just an accountant.
Here is why: while accounting is for control and short-term tactics, finance is for growth and long-term decisions. Small businesses need to make good business decisions for both the short and the long term. In 2021, we decided to address this issue, and so we created Engelmann. We are CPAs with a business mindset. We combine accounting and business advisory.
– Julio Young, CPA, CGA
The power of 30 years of experience
We have been helping small businesses since 1998
Whatever your challenges, we know them (almost) all. Take advantage of this experience and offset the burden of thinking and making crucial decisions alone.
After a thorough analysis of what we have been doing in the last 30 years, we have selected the services we believe best address the specific needs of small businesses. These services will risk-proof your business and ensure its continued success.
Client Testimonial
We are a well-established business with a strong operations culture. While we knew we could improve financially, we struggled to find the right fit. Engelmann helped us see the big picture and think twice about our approach. Their external and unbiased approach was invaluable in understanding the quality of our revenue streams and cost structure. Our decision-making process is now better informed than before.
– Tamara Merchan
Business owners come first
Too often, business owners sacrifice themselves for the sake of the business. However, in our approach, business owners come first. The main reason being this is the best way of ensuring the business’s longevity. Without the proper context, numbers are poor storytellers. There is a reason why accounting, finance, and economy belong to the humanities sphere, not science. So rather than taking care of your business, we will take care of you as a business owner.
Small, smart, agile, and convenient. Oh, yea!
When you hire us, you get a small, agile, and efficient team. Think of us as a finance leader outside of your organization that provides top-tier finance, business, accounting, and operational guidance. Forget the status game and overpriced services so common in our field: juniors, seniors, presidents, and hourly rates mean nothing to us. Our only productivity ratio is your long-term success. You will access to our expertise as needed rather than committing to a full-time in-house resource.
Learn MoreClient Testimonial
I had just arrived from Chile and BC was new territory. I knew we needed help because the regulations in Canada are significantly different, and so is the business culture. Engelmann’s international expertise was a great help.
Although our relationship started as a one-time deal, we asked them to stick around as external advisors. We appreciate the way Engelmann helps us keep all KPIs in check. We couldn’t be happier.
– Rodrigo Morgado
Insightful oversight from an outsider’s perspective
If you are a small business, you are probably better off with a financial business advisor than just an accountant.
We make the hard questions and help you make the hard decisions. We need to dive deep into your business and your personal circumstances. Working with Engelmann, you will get access to a skilled outsider perspective with over 30 years of experience. You will get an insightful oversight of your business that will pay off over time.
Engelmann is a platform, not just a service
The old ways are gone. The difference between big and small businesses is vanishing.
Technology allows small businesses to scale up their operations without the burden of sizing up. But technology can’t yet explore the vast array of opportunities available. We aim to become not just a service provider but a platform for small businesses in British Columbia to seek business opportunities by teaming up with other small businesses.
100% digital, but…
Our everyday operations are 100% digital, and for a good reason: digital technologies have taken the quality of our work and our clients’ experience through the roof. However, our operations retain a high level of social and personal interaction with our clients and partners. We want to keep digital technologies working for us, not the other way around. We are at the end of our careers, so we enjoy sharing our journey with like-minded businesses.
*We have a data residency policy. Our data is stored in Canada and compliant with Canadian security and privacy laws.
Client Testimonial
So, yeah, my business was doing pretty well. I mean, I had it all figured out: my clients, services, providers, and so on. But, to be honest, I was feeling lost. I didn’t really know where I was headed or how much potential my business had. I was basically winging it, making decisions based on my gut feeling instead of hard financial data. But then came the Engelmann team. They seriously helped me lower my anxiety levels, and I got to say, they made me a whole lot wiser.
– Andrew Sasaki
Grow your business, leave a legacy
If you are like us, you already know that doing business is more than achieving ever-increasing numbers.
Time is limited; people, relationships, and the environment matter. We seek to grow together with our clients to help our businesses and communities grow healthy and strong. Our services and how we can help…
Manage cash flow
- Budgets
- Fiscal discipline
- Financial forecasts (This is the blueprint for efficient and sustainable growth)
- Tax efficient strategies (tax is one of the biggest expenses for the business – it must be well managed)
Help owners focus on the future
- Assist capital raising; we speak the financial language
- Provide the reporting framework to value the company and determine goodwill
- Maintain relationships with strategic capital partners: banks, investors, and partners
Manage Growth
- Create internal control processes
- Create a framework for corporate governance (reporting to stakeholders)
- Build the finance team
Mitigate risk
- Review insurance coverages, and ensure financial reserves are in place
- Work with legal advisors to ensure legal agreements comply
- Review IT needs and security risks
Maximize value on exit
- Develop a succession plan to support exit strategies
- Create standard operating procedures to facilitate smooth transition (processes)
- Review options: passing the business to the next generation, selling to employees, or selling to a third party
- Keep the succession plan current
- Minimize tax costs, implement asset protection structures, and protect wealth