Éric Dufour, Regional Vice-President and National Business Transfer Leader at Raymond Chabot Grant Thornton, shares his recommendations and discusses the issues concerning the planning of a business transfer, such as:
Key elements of a transfer
Clash of generations
The will to serve
Five important milestones
Thwarting the trend
Learning to wait
Read the article published in the March-April issue of L’automobile. The magazine is also available.
MONTRÉAL, May 25, 2017 – With a focus on providing high quality services to meet the growing and evolving needs of its clients, Raymond Chabot Grant Thornton is proud to announce the acquisition of Lemay Strategies, a division of Lemay. A leader in advisory services with close to 30 years of experience, Lemay Strategies specializes in regional planning, tourism, arts, culture, sports and recreation in Quebec.
This transaction enhances the advisory services offering throughout Raymond Chabot Grant Thornton’s network. The firm’s clients can now benefit from new support in these fields, in particular, marketing and planning designs and infrastructure initiatives. Lemay Strategies’ clients, for their part, will have access to more than sixty services grouped together under one roof.
Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton, stated: “The arrival of Lemay Strategies’ top quality team of professionals led by Denis Brisebois truly enhances our advisory services capabilities for our clients. With its significant experience through more than 3,100 assignments undertaken in key industries, the Lemay Strategies’ team will actively work with our clients to help them achieve their full growth potential.”
Denis Brisebois, leader of the new Raymond Chabot Grant Thornton team and former Managing Partner of Lemay Strategies, added: “We are very excited to be joining the top accounting firm in Quebec with offices across the province and more than 2,300 professionals. Combining our talents will allow our clients to benefit from top-notch diversified services that will distinguish us from the competition. Business leaders, private and public companies, and not-for-profit organizations alike are looking for a professional firm that can provide a one-stop-shop.”
About Raymond Chabot Grant Thornton
Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,300 professionals, including some 200 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, help dynamic Canadian organizations unlock their potential for growth with over 4,200 professionals and some 140 offices across Canada. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms in more than 130 countries, with over 47,000 professionals.
– 30 –
Senior Consultant – Public Relations
Raymond Chabot Grant Thornton
Phone : 514 390-4201 [email protected]
Professional advice is always welcome for improving your personal finance management. In connection with his regular segment on Radio-Canada radio, Pier-Paul Belzil-Lacasse, Lead Senior Manager in Turnaround and Licensed Insolvency Trustee at Raymond Chabot Grant Thornton, shares a series of practical tips.
Personal finances during separation
A couple’s separation can have a serious impact on personal finances. Here are some points to take into consideration to avoid nasty surprises in the months following a separation. Listen to the radio segment Conseil financier : l’impact d’une séparation sur les finances personnelles (Finance tip: The impact separation has on personal finances) on Radio-Canada’s website (in French only).
Young people in debt
Debt also affects young adults aged 34 years old and under. A lack of practical knowledge about the impact of financial choices (how interest rates work, the cost of a house and types of investments), overconfidence, as well as easy access to credit, are among the factors related to this problem. Listen to the radio segment Conseil financier : éviter l’endettement chez les jeunes (Finance tip: Help young people stay out of debt).
Buying a home is not always an investment
Some people say that it’s better to buy a house than rent. This is not always true. Numerous expenses and the real estate situation need to be considered in the calculations. Listen to the radio segment Conseil financier : l’achat d’une maison (Finance tip: Buying a home).
The ABCs of starting your own business
Before starting a business, you need to choose the type of business that suits your project. What are the advantages and disadvantages of being self-employed, a registered business or corporation? You can clarify this issue by listening to this radio segment Conseil financier : futurs entrepreneurs, quels sont vos choix? (Finance tip: Future entrepreneurs, what are your options?).
In general, while it might be better to purchase your vehicle, sometimes leasing is a better choice for some people. What should you take into consideration when making this decision? Listen to the radio segment Le conseil financier de la semaine : acheter ou louer (Finance tip for the week: Lease or Purchase?).
MONTREAL, May 23, 2017 – The lives of entrepreneurs will never be the same: Raymond Chabot Grant Thornton launches operiō, a consulting platform that will reduce the administrative burden on SME executives.
In today’s growing technology market, Raymond Chabot Grant Thornton offers entrepreneurs the opportunity to reduce time spent on accounting tasks to focus on growing their businesses.
Operiō is an intelligent operational solution that facilitates administrative management. The online tool enables pictures to be taken of receipts via a mobile application connected to a cloud system. The data is compiled automatically and analyzed by accountants.
By having access to the state of their finances in real time, SME managers will be able to make quick, informed decisions. Operiō also provides entrepreneurs year-round customized strategic advice to help maximize the profit of their SMEs.
Operiō provides a comprehensive range of accounting services that help save time. Entrepreneurs receive:
Monthly Financial Statements;
Organized accounting of spending, customers and providers;
1 call for growth advice per month by a firm’s accountant;
A Receipt Bank application that allows you to photograph receipts with your smartphone;
Notifications of tax remittances;
Operiō services are accessible to all and the price depends on the number of employees and monthly transactions and is exclusively driven by the power of QuickBooks, the number one online accounting solution worldwide.
“Working with QuickBooks from Intuit Canada, Raymond Chabot Grant Thornton is increasing the proximity between SMEs and accountants. The ultra-precise financial portrait that operiō provides enables our experts to offer targeted growth advice to businesses and to all entrepreneurs and their business partners,” said Pierre Garant, national leader in certification at Raymond Chabot Grant Thornton and President of operiō.
“Operiō saved my administrative assistant 30 hours a week. She can now concentrate on other important tasks such as business development,” says Christian Levesque, LEVESQUE Stratégies’ CEO and operiō test user.
Raymond Chabot Grant Thornton will begin a regional tour in the fall to present its new service to entrepreneurs.
“We are proud to launch a service that is as innovative and efficient for companies. Raymond Chabot Grant Thornton has always known how to innovate and adapt its many services to the growing needs of local organizations. We are a partner of choice for wealth-creating businesses and expect to remain so for a very long time,” concluded Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton.
About Raymond Chabot Grant Thornton
Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the fields of assurance, tax, consulting, and business recovery & reorganization services. Its strength is based on a team of over 2,300 professionals, including some 200 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, help Canadian organizations unlock their potential for growth with over 4,200 professionals and some 140 offices across Canada. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms in more than 130 countries, with over 47,000 professionals.