Planning Your Growth

There are many famous quotes relating to planning - most of which convey the thought that if you fail to plan … you plan to fail.

Business plans can be used for a variety of purposes:

  • Determining the revenue level at which you make a profit (your breakeven point);
  • Establishing annual goals & measuring your actual year to date results against the plan;
  • Analyzing whether additional products, services and/or personnel will provide added efficiency and profitability;
  • Determining what additional financing is required in order to fund the growth you are experiencing

We can provide input into your overall business plan by:

  • Discussing your overall growth and determining what form of business plan is warranted;
  • Developing cash flow projections with you in a format that can easily be updated when key indicators are amended;
  • Reviewing & constructively critiquing your overall plan narrative to ensure it reflects the relevant facts, goals and objectives being targeted;
  • Advising you on what prospective funding partners would expect in terms of rates of return, repayment terms, security pledges and annual reporting requirements should they agree to fund your funding requirements.

Client Testimonials
  • " We have worked with Michael for the past ten years and depend on his firm to manage our accounting needs for all our companies. We are very impressed by their level of professionalism, integrity and the quality of the service. Everyone is exceptionally knowledgeable on all matters relevant to our industries. We not only see the firm as our accountants, but as our trusted business advisors. We appreciate the efforts made to respond to our needs very quickly, the attention given to our businesses and the emphasis in helping us achieve business success. "

    Carl Bertrand - Leatryd Inc./Deber Manufacturing Inc./CigVape Inc.

  • " As a small business, Michael’s firm has been the perfect fit for all our accounting needs, business advice and support. Mike and his team place customer satisfaction at the top of their agenda and back it up with all of the knowledge you could ever need to know for running a business. Any inquiry or concern is quickly dealt with and the support offered is second to none. As a business owner I couldn’t recommend Mike’s firm enough as the perfect support for your business. "

    Bradley Rice - Central Credit Control Ltd.

  • " Tim and I wanted to thank you for being such a great resource to us. We feel very comfortable with your expertise & abilities - you speak to us in English, not technical jargon. It has been very easy to understand where we have been & where we are going within our taxes. You are always available to ask questions throughout the year which makes our day to day financial decisions easier. The trust that we have experienced with you and your staff resonates for me in my business and makes it easy for me to refer friends, family and clients to you. Much thanks for a job well done and a continued relationship. "

    Kris and Tim Hughston - Hughston Insurance Solutions

  • " We would like to extend our thanks for years of accounting and consulting services for our company. We have greatly benefited from your teams experience and knowledge not only from a tax & accounting perspective but from your ability to assist us in focusing on our business growth and development. Your insight and professionalism brings reassurance that we are in good hands and we look forward to a strong future. "

    Keith Tribe / Jody Cybulski - VenMark Digital Media

  • " We have used Mike’s firm for the past 6 years for our corporate and personal tax planning and filing. Whether it involves the development of financial strategy for our corporate needs or helping reduce our personal taxes in legitimately creative ways, we have found the entire team to be quite capable. Mike always takes a personal approach to all of our needs and is always there to answer any questions we might have. I would recommend Mike and his team for both business and personal needs without reservation.” "

    Rod Charlton - President | Pioneer Development Corporation

  • " Mike and his team are true professionals who provide a personalized approach to fit all of your accounting, tax and business needs. They specialize in helping small to mid-size businesses and adapt to your own company wherever it is in its business cycle. As a sales and leadership coach, I know that having an experienced CPA firm as a trusted member of your advisory team can make the difference between you struggling and succeeding. That’s where Mike and his team have the proven business understanding and experience to provide you with the clarity and peace of mind to help you grow and prosper. I highly recommend Michael Kostrich CPA, CA for all of your business compliance and advisory needs "

    Rich Grof - Rich Grof Performance Sales Coaching and Leadership Development

  • " We have been with Mike’s firm since our inception 6 years ago. His business advice and guidance have allowed us to focus on making better decisions and develop strategic business plans to hit our targeted goals. Building a business relationship of trust and integrity comes easily with Mike and his team. Their accounting and tax services relieve us from making costly mistakes while ensuring our relationship with tax departments is always in good standing. Since they have has been part of our advisory team we have seen our business grow substantially. "

    David Black - President - Call Point Canada Ltd.

  • " We are relatively new clients to Michael’s firm and couldn't feel more confident of having them as part of our advisory team. When we first had the pleasure of meeting Mike, he called and set up a time to stop by our shop just to meet us and get a "feel" for "OUR" business. His gentle and non pressure approach was welcoming. For those of us who don't talk "financial jargon", Mike certainly knew how to communicate to us in a language that we understood. That first "year" end had lots of questions & background digging and seemed overwhelming but he and his staff took the time to explain why, and didn't rush through things – they are professional, courteous and extremely diligent. I feel more confident of our accounting and tax situation because of Mike and his staff. They are professional, courteous and extremely diligent. We are thrilled to have made the switch to Michael Kostrich CPA Professional Corporation and would NOT hesitate to refer anyone, or any company BIG or small to them. "

    Chantelle Vroom - Superior Tire & Auto

  • " We have been utilizing Michael’s firm for a number of years. His team actually makes the financial part of our operations enjoyable. We build fuel stations all over Ontario and value Mike’s firm as part of our team of advisors that makes what we do possible. I love how seamlessly they’re able to log into our system remotely and do their work. Helen always resolves our accounting questions quickly. The whole team is extremely accommodating. Mike is one of the very few people I go to for trustworthy financial advice. When I brought Mike and his team onboard, I was able to completely leave my accounting worries with them and focus on what I do best – grow my construction business and prosper. "

    Scott Bauman - President - Raymar Equipment Service

  • " We contacted Michael’s office last year looking for an accounting firm that provided a more “hands on” and personalized service style approach. We knew we had to make a change but were hesitant on doing so because the previous firm had a highly skilled staff of 60 as well as 11 years history with us. Mike insisted on personally visiting our office to meet the staff, learn more about our business, and see if we would both be a good fit for one another before accepting the role. His team made the transition seamless and required very little assistance from our staff. In fact, his firm reviewed the financial history of both companies through our software. Through their review, they were able to point out areas that needed to be addressed and make best practices suggestions for the future. We are very satisfied with the change we’ve made and the service that his team provides us – thanks for making our decision to change firms look good! "

    Oliver Owens - President - Critical Air Mechanical Inc.

  • " A great deal of growth in the last few years caused us to start looking for an accounting firm with the experience and confidence to guide us. Mike was referred to us by a friend who is a professional bookkeeper. She thought his down to earth, trustworthy, experienced approach would be perfect for us and she was right. As new clients, we couldn't be happier. Mike and staff do what they do best allowing us to focus on our specialty. We pride ourselves in honesty and integrity and having Michael Kostrich CPA Professional Corporation on our side helps us maintain that priority on all levels of business. Thank you for the generous sharing of your knowledge and expertise. We look forward, with confidence, to working with you in the years to come! "

    Rodney Geyer, O.L.S., O.L.I.P - Rodney Geyer, Ontario Land Surveyor Inc.

  • " Michael and his team have guided us through our first two years of business and they continue to help us with our accounting needs in a professional manner. Michael takes a thoughtful and diligent approach to important decisions and discussions about our company. We have certainly appreciated his professional help and experience as our business grows and takes on new challenges. We look forward to working with Michael and his team as our operation grows and prospers. "

    Patrick Bongers - Northern Rock Ltd.

  • " We were fortunate to have engaged Michael’s firm in the spring of 2020 to help with the growing needs of our company. The support we have received from Mike and his team has been invaluable in managing our business during the COVID pandemic as they helped us negotiate through all the complexities of the government programs & initiatives that were available to us. Mike and his staff are knowledgeable, informative, and easy to talk to – they have delivered the help and support that we have been seeking in an accounting firm. As we move forward with our ever-growing business, we are confident that they will be able to provide the appropriate practices and strategies to ensure that our financial future is built on a strong foundation. Thank you so much! "

    Cyril & Mandi Hayes - Resolution Physiotherapy and IMS Clinic