Spurrell & Associates Chartered Professional Accountants is a full service accounting firm in Edmonton, Alberta. spurrell.ca
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
Also 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
We believe these odds and these circumstances are unnecessary. Thus our mission is to help business owners:
1. Plan
2. Quantify
3. Analyze
4. Prosper
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.
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