• home
• contact us
• services
  • accounting & auditing
    • preparation & audit of financial statements
    • not for profit
  • financial planning, estates & trusts
    • personal financial planning
    • estates & trusts
  • business planning
    • business plans & financial planning
  • bsiness consulting
    • types of buysiness
    • computer systems & training
    • management advisory services
    • financial management consulting
  • bank financing
• tax solutions
  • tax reduction strategies
  • income tax planning
  • preparing & filing
  • canada revenue agency representation
  • GST/HST rdgistration
  • should I incorporate?
• resources
  • forms

Types of Business:

Proprietorship

As a one-person business organization, proprietorships have no special legal requirements and are therefore a common form of business entity. However, for legal purposes, the owner and the business are viewed as one and the same, meaning financial difficulties may result in a loss of assets for both the individual and the organization. J. Kunickey & Company will consult on effective methods of setting up a proprietorship, developing proper accounting procedures, necessary government filings, and offer advice on growth strategies and investments.

Partnerships

Entities can be organized in different ways, with many small businesses starting as proprietorships. But if you are planning on moving into a partnership, there are several things to consider, such as including a written agreement that identifies each partner’s investment, the rights to withdraw funds, the manner in which profits and losses are divided and procedures for admitting or eliminating partners. Each of these are critical elements to consider – J. Kunickey & Company will help you draw up the necessary legal documents and written contracts to ensure your best interests are taken into account. J. Kunickey & Company will also consult on effective strategies to further grow the organization.

Incorporating

The creation of a corporation is a complex procedure that requires permission from a provincial or federal agency. A legal entity is created that can sell shares, own property, borrow money, incur obligations, and sue or be sued, in the corporation’s name independent of its owners. J. Kunickey & Company can help you decide when to incorporate, and lead you through the steps. Advice can be provided as well as recommendations on ownership, separation of ownership and management, liability, withdrawal of resources, transferability of ownership and taxes.

Computer Systems & Training

Every organization has unique technology needs and can harness the power of an effective IT strategy in different ways. Whether you have an established strategy or your business is just starting out, J. Kunickey & Company can assist with your IT planning. Both short and long-term plans can be addressed and system(s) recommendations will be designed to make your organization productive and efficient. J. Kunickey & Company also offers training on accounting-related software.

Management Advisory Services

Attention paid to management services helps you achieve superior performance throughout your organization.

Recommendations to improve performance in administrative services include, but are not limited to, consideration of shared services, accounts payable and receivable, expenses, payroll, internal control mechanisms, and a meaningful chart of accounts that provides necessary information in a moment’s notice.

To effectively compete in today’s marketplace, back-office efficiency is critical to fully realize results.

Financial Management Consulting

J. Kunickey & Company will assist your organization in developing and implementing appropriate financial procedures, systems and reporting.

Accounting systems can be designed, along with an appropriate chart of suitable accounts. Assistance with budgeting, developing policies and procedures, and staff training can also be provided.