19 Oct 2018

Benefit from tools for a successful business transfer.

Raymond Chabot Grant Thornton is an entrepreneurial succession leader with the requisite knowledge to support your business transfer process.

There are several key steps in a business transfer process, including:

  • Defining the project and the human issues;
  • Determining the business’s value;
  • Determining and managing risk;
  • Obtaining financing;
  • Concluding the transaction.

Raymond Chabot Grant Thornton can support you throughout the process, such as identifying the human issues and recommending the appropriate professionals to meet your needs.

Do you think it’s too soon to start thinking about a successor for your business? By beginning to think about the process now with our professionals, you can identify qualified successors to ensure your business’s continuity, understand intergenerational differences and anticipate the tax impacts and financing needed. You’ll have the benefit of a successful transfer and peace of mind.

Find out more about the various risks and the available solutions to ensure a successful business transfer. View the advice below or contact an expert.

Find out more by attending our next conferene on the topic : How do you know what your business’s fair value is?

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19 Oct 2018

Cultivate your knowledge and master agricultural taxation like a pro.

When it comes to tax, you can’t be out in left field! To get a clear understanding of the various programs, eligible expenses, deductions and insurance available, call on our experts to guide you in your business’ growth.

Don’t miss out on the investment tax credits that could boost your business to the next level.

What’s changed in your taxes

There have been changes in capital assets that qualify for tax deductions over the years. Our experts have been monitoring the developments to keep you informed about the changes to make in your annual income tax returns in order to maximize your net income.

Can’t see the forest for the trees? Discover how to:

  • create a winning business plan;
  • adapt the way salaries are paid based on tax rates;
  • purchase land or a quota for a good price;
  • select the best way to register your company to meet your needs;
  • find innovative financing strategies;
  • define the ideal age for selling;
  • carry out an intergenerational transfer;
  •  plan a comfortable retirement;
  • develop a vision of the business’s future;
  •  identify the advantages and disadvantages of a progressive repurchase;
  • prevent potential conflicts when sharing the business amongst your children;
  • undertake financial transactions that benefit both the seller and buyer;
  • transfer your knowledge and expertise.

How to carry out your accounting

Do you live on the land where you do business? Differentiate between property that is part of business tax and personal tax. Explore whether it is more advantageous to pay rent to your business. Certain types of vehicles can be tax-deductible or amortized and specific rules must be followed for their use. It might even be worth paying your children a salary if they start working for you. Clearly, a win-win option!

Ready for the next step?

Your days are full and Mother Nature doesn’t take any days off, but you’d like to take a well-deserved rest some day. To plan your business’s transfer, your succession or retirement, it’s better to start early. A detailed and realistic timetable will allow you make the most of it.

Our team is as dedicated to its work as you are to your farm. Discover our expertise!

Being entrepreneurs in the farming industry is a source of pride for the two, hard-working owners of the Régika dairy farm. Jocelyn Lavoie, assurance expert at Raymond Chabot Grant Thornton, supports them thanks to his skills and knowledge of the agricultural industry.

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18 Oct 2018

MONTRÉAL, October 18, 2018 – Raymond Chabot Grant Thornton is proud to announce that it is joining forces with Darras David L.L.P., an accounting firm with more than 30 years of experience in the media and other industries relating to assurance, tax, advisory and accounting services. Combining both firms’ practices enables them to provide their clients with an enhanced service offering. Raymond Chabot Grant Thornton’s Media and Entertainment group now boasts a team of four partners and more than 20 professionals.

Alain Lacasse, Partner at Raymond Chabot Grant Thornton stated: “We wish extend a warm welcome to our new team of experts from Darras David. This association will provide growth opportunities for both parties, as well as a superior client experience. Raymond Chabot Grant Thornton is committed to providing high quality services with experienced consultants.”

Lise Darras and Charles David, partners at Darras David said: “We are thrilled to be associated with Raymond Chabot Grant Thornton. Through this combination, our clients will now have access to a top-flight firm that shares our values, tradition of excellence and agility.”

Darras David will be practising under the name of Raymond Chabot Grant Thornton located at 600 De La Gauchetière Street West, in Montréal and 2500 Daniel-Johnson Blvd, suite 300, in Laval.

Darras David

About Darras David

Founded in 1989, Darras David has been involved in numerous industries and has over time developed leading-edge expertise in the areas of movie, television and new media productions. The firm offers a host of diversified services to businesses and individuals through its team of experienced professionals who focus on personalized service and multidisciplinary knowledge.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization, with more than 2,500 professionals, including approximately 200 partners. Together, Raymond Chabot Grant Thornton and Grant Thornton LLP, another Canadian member firm of Grant Thornton International Ltd, comprise more than 4,400 professionals and close to 170 offices across Canada to help Canadian organizations achieve their full growth potential both locally and globally. Grant Thornton International Ltd provides clients with the expertise of member and correspondent firms across more than 135 countries and more than 50,000 professionals.

Information:

Gabrielle Drolet
Regional Manager ‒ Marketing, Communications and Business Development
Raymond Chabot Grant Thornton
Telephone: 514-878-2692, 5761
Email: [email protected]

Source:

Francis Letendre
Head – Public Affairs
Raymond Chabot Grant Thornton
Telephone: 514-390-4201
Email: [email protected]

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17 Oct 2018

Raymond Chabot Grant Thornton is pleased to congratulate Artitalia Group Inc. (“Artitalia” or the ‘‘Company’’) for its successful financing and shareholder buy-back.

Founded in 1984 and headquartered in Montreal, Artitalia manufactures an array of custom products for companies across North America and provides them with value-added integrated solutions including design, prototyping, project management and engineering expertise. The Company serves clients in the retail, hospitality & restaurants, material handling, and mail & parcel segments.

The financing and shareholder buy-back simultaneously ensure the continuity of the Vardaro family at the helm of the Company and provide the necessary financial resources to meet the high growth trajectory of the Company over the next few years.

Raymond Chabot Grant Thornton acted as exclusive financial advisor to Artitalia.

“On behalf of the Artitalia Group, I would like to thank everyone at Raymond Chabot Grant Thornton who took part in our project for your professionalism in helping us in securing financing for our shareholder buy-back’’, says Tony Vardaro, President. ‘’The financing process was swift, well explained and well executed. Thank you all once again for your partnership!”

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.